Controller (CPA) - #259182

Description

Verda Health Plan of Texas has a contract with the Center of Medicaid and Medicare Services (CMS) and a state license with the Texas Department of Insurance for a Medicare Advantage Prescription Drug (MAPD) plan. We are committed to the idea that healthcare should be easily and equitably accessed by all. Our mission is to ensure that underserved communities have access to health and wellness services, and receive the support needed to live a healthy life that is free of worry and full of joy. We are looking for a Controller (Accounting) to join our growing company with many internal opportunities.

Are you ready to join a company that is changing the face of health care across the nation? Verda Healthcare health plan is looking for people like you who value excellence, integrity, care and innovation. As an employee, you’ll join a team dedicated to improving the lives of our Medicare members. Our viasion incorporates value-based health care that works. We value diversity.

Align your career goals with Verda Healthcare, Inc. and we will support you all the way.

Position Overview

The Controller (Accounting) will manage financial planning, budgeting, forecasting, and accounting functions to support organizational growth and ensure compliance with Medicare and healthcare regulations. The ideal candidate will have a strong background in health plan finance, Medicare Advantage plans, risk-bearing entities, and financial oversight.

This position reports to the VP of Finance of Verda Healthcare, Inc.

Responsibilities

Financial Strategy & Planning:

• Develop and implement financial strategies aligned with organizational goals.
• Optimize financial models, calculate unit economics, and assess various business scenarios.
  
  

Budgeting & Forecasting

• Lead the budgeting process, financial projections, and cash flow management.
• Collaborate with executive leadership to prepare and present budget models to leadership and the board.
  
  

Regulatory Filings & Compliance

• Ensure accurate financial reporting in compliance with NAIC and relevant healthcare regulations.
• Monitor the financial health of the health plan to ensure solvency and regulatory compliance.
• Accounting & Financial Reporting:
• Oversee general ledger, reconciliations, month-end close, audits, and payer reporting.
• Prepare and present financial statements in accordance with GAAP and regulatory standards.
  
  

Financial Analysis

• Conduct variance analysis, cost assessments, and profitability reviews.
• Model and evaluate the financial impact of new initiatives or investments, providing actionable insights to leadership.
  
  

Payer Contracting

• Review payer contracts and assess financial risks and opportunities.
• Collaborate with actuarial teams to evaluate contract economics and ensure profitability.
• Operational Support:
• Support the development and maintenance of KPIs, financial metrics, and operational performance dashboards.
  
  

Treasury Management

• Oversee banking operations and money movement.
• Ensure robust controls are in place for online account management.
  
  

Collaboration & Leadership

• Work cross-functionally with leadership, operations, and clinical teams to inform data-driven decision-making.
• Actively contribute to the achievement of organizational goals and strategic vision.
• Technology & Systems:
• Utilize advanced Excel skills to develop financial models, dashboards, and reporting tools.
  
  

Requirements

Minimum Qualifications

• Bachelor’s degree in Accounting, Business, or a related field (CPA required).
• 5+ years in financial leadership, with a focus on healthcare or risk-bearing organizations (Medicare Advantage experience preferred, not required).
• Technical Skills: Expertise in financial modeling, budgeting, and forecasting.
• Software Knowledge: Proficiency in QuickBooks Online and advanced Excel.
• Regulatory Knowledge: Familiarity with NAIC filing requirements, healthcare financial regulations, and IBNR methodologies (preferred not required)
  
  

Verda cares deeply about the future, growth, and well-being of its employees. Join our team today!

Job Type: Full-time

Benefits

• 401(k)
• Paid time off (vacation, holiday, sick leave)
• Health insurance
• Dental Insurance
• Vision insurance
• Life insurance
  
  

Schedule

• Full-time onsite (100% in-office)
• Hours of operations: 9am – 6pm
• Standard business hours Monday to Friday/weekends as needed
• Occasional travel may be required for meetings and training sessions.
  
  

Ability To Commute/relocate

• Reliably commute or planning to relocate before starting work (Required)
  
  

PHYSICAL DEMANDS

Regularly sit/walk at a workstation in an office or cubicle setting. Must occasionally lift and/or move up to 25-50 pounds.

• Other duties may be assigned in support of departmental goals.