Director, Financial Reporting – Consolidation

🔥 32 minutes ago

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Navitus Health Solutions

WebsiteLinkedInAll Job Openings

1001 - 5000 employees

Founded 2003

💼 Consulting

🛡️ Insurance

🏥 Healthcare

Consulting • Insurance • Healthcare

Navitus Health Solutions is a pharmacy benefit manager (PBM) that provides transparent, people-centered pharmacy benefit solutions to health plans, employers, government programs and other plan sponsors. The company operates a 100% pass-through, cost-plus model that emphasizes lowering medication costs, managing formularies, specialty drug management (including a cost-plus specialty pharmacy), claims adjudication, pharmacy network management, and member enablement and support services. Navitus positions itself as a fiduciary partner focused on affordability, compliance, clinical quality and improving health outcomes through tailored PBM services and digital health integrations.

📋 Description

• Assume primary responsibility for all core accounting functions ensuring appropriate internal controls are in place, and all transactions and journal entries are timely and accurate. • Provide monthly financial reports in compliance with GAAP to Management and the Board of Directors, including analysis of variances from budget and finance-related reports to government agencies as needed. • Support operational forecasts and cash flow updates. • Responsible for month and year end close along with progress reporting for key performance indicators. • Coordinate the preparation of the annual business plan, including staffing plans and budgets in support of Navitus’ strategic and business initiatives. • Coordinate preparation of budgets and financial forecasts, leveraging ERP analytics for variance analysis. • Manage audits and liaise with external auditors to ensure timely completion. • Maintain records on investments, providing periodic analysis of performance. • Maintain the fixed asset accounting records, including custodial information. • Facilitate accounting and project work for mergers, acquisitions, investments, banking relationships, partnerships, and divestitures. • Serve as the primary point of contact for auditors and regulatory bodies. • Coordinate the annual financial audit, plus the financial aspects of other audits of Navitus’ operations. • Conduct in-depth financial and operational analysis to identify trends, uncover opportunities, and provide strategic recommendations that enhance profitability and optimize cost efficiency. • Participate in multi-departmental task forces to improve cross-functional activities.

🎯 Requirements

• Bachelor’s degree in accounting or a related field, or equivalent work experience, is required. • Master’s degree in accounting or related field of study is preferred. • Certified Management Accountant (CMA) or Certified Public Accountant (CPA) is highly preferred. • 8+ years’ experience, in a third-party-administrator operation related to health care required. • 5+ years of leadership experience with a proven ability to lead and develop high-performing accounting teams required. • Demonstrated expertise in GAAP/IFRS compliance and financial reporting standards required. • Proven advanced experience with utilizing financial analytics tools and like programs required. • Experience using automated billing platforms and integration with ERP systems required.

🏖️ Benefits

• Top of the industry benefits for Health, Dental, and Vision insurance • 20 days paid time off • 4 weeks paid parental leave • 9 paid holidays • 401K company match of up to 5% - No vesting requirement • Adoption Assistance Program • Flexible Spending Account • Educational Assistance Plan and Professional Membership assistance • Referral Bonus Program – up to $750!