Manager II, AP​/AR

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Position Summary:

This position is directly involved in the daily operations of the Customer Cash Receipts Unit within the Treasury Operations department. This position requires the ability to manage a high volume, fast paced area, and the ability to work within tight time constraints. This is a mobile position, and you will be required to go into the Hingham office two days a week.

Key Accountabilities:

• Assist in Managing the Customer Cash Receipts unit to ensure that all premium, ASC and miscellaneous receipts in excess of $14 billion annually, are deposited and recorded in a timely manner. This includes constant communication with banks and internal customers.
• Balance and reconciliation of the stop loss receipts to ensure they are applied timely and accurately as part of the month-end Oracle close. Review and respond to emails related to the stop loss cash application processing.
• Balance and reconciliation of the monthly CMS, HCR, and Federal exchange files to ensure cash receipts are processed timely and accurately. Participation in HCR and Federal Exchange work groups as subject matter expert.
• Act as bank liaison; reporting service issues and resolving any depository or lockbox variances.
• Balance the daily ASC and RTMS cash receipts, prepare and record the corresponding monthly journal entries.
• Interact with Corporate Accounting and Audit and Controls to ensure that the integrity of the work is performed in accordance with generally accepted accounting standards.
• Represent the Cash Receipts Unit on cross-functional teams including internal areas such as Customer Financial Management & Accounting.
• Participate in monthly meetings with Director and Associate Director of CFM and Associate Director of Accounting
• Monitor inventory, manage resources, document trends, and shift staffing levels as necessary.
• Manage projects simultaneously along with day to day operations.
• Act as subject matter expert for Frontier.

Decision Making Authority :

• Execute quick decisions related to critical processing issues within tight time frames, assemble all available facts and make sound judgment in the absence of detailed instructions.

Leadership Responsibilities :

• Manage a fast-paced high-volume operational area which consists of 7 Associates.
• Display an effective, productive management style by providing proper direction and ensuring accountability for results.
• Foster an atmosphere of collaborative teamwork within the department.
• Promote and foster diversity and inclusion

Qualifications:

• Strong understanding and working knowledge of multiple systems and platforms including but not limited to, TPS, RTMS, Oracle Financials, and Frontier,
• Requires extensive knowledge of CMS, HCR, and Federal exchange processes.
• Demonstrated strong interpersonal skills and ability to work effectively in a fast paced, collaborative environment
• Ability to effectively plan and facilitate meetings and work groups.
• Strong communication skills
• High degree of initiative; team player.
• Results orientated; willingness to do whatever is necessary to get the job done.
• High degree of professionalism; ability to effectively interact with all levels of an organization.
• Strong PC skills (Word, Excel, PowerPoint, and Access)

Education/Relevant

Experience:

• BA/BS degree preferred.
• 5-10 years of business experience
• Accounting or Cash Management background preferred

High school degree or equivalent required unless otherwise noted above

Hingham

Full time Salary Range: $ - $

The job posting range is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. An employee's pay position within the salary range will be based on several factors including, but limited to, relevant education, qualifications, certifications, experience, skills, performance, shift, travel requirements, sales or revenue-based metrics, and business or organizational needs and affordability.

This job is also eligible for variable pay.

We offer…