GENERAL SUMMARY OF POSITION:
Under the direction of the Director or designee, the Senior Manager will oversee auditors and other financial staff to ensure that audits and other financial activities are performed accurately and brought to completion in a timely manner. This position will be integral in reviewing and implementing all policies, procedures, and contractual obligations, as well as creating and monitoring the FCU budgets. The Manager will provide daily audit supervision to staff and contractors; perform reviews of audit work; supervise various accounts receivable and invoicing activities; and assist in the hiring, training and development of financial auditors.
The Senior Manager must be adept at reviewing detailed audit work papers and financial data, and must be proficient in creating and reviewing summary information and reports of a financial nature.
Commonwealth Medicine (CWM) is the consulting division of UMass Medical School. The CWM Center for Health Care Financing (CHCF) helps state and local governments, primarily in Massachusetts, identify opportunities to increase savings and reimbursements through federal and other third party sources, establish effective savings and reimbursement programs and capitalize on all possible revenue streams. We identify opportunities for our clients to increase services and reduce the net cost of delivery.
The Financial Compliance Unit (FCU), within CHCF, performs financial audits and reviews of Nursing Facilities and Hospitals to ensure compliance with MassHealth provider, administrative, and billing regulations. The FCU also performs various tasks related to billing, reporting and financial reviews of other state government programs. FCU staff are primarily accountants, auditors and staff, highly skilled in Access and Excel.