Director, Accounting and Finance

Responsibilities

• The Director of Accounting and Finance will play a key leadership role in driving financial strategy, optimizing processes, and partnering closely with executive leadership and cross-functional teams to support organizational goals.
• Key Responsibilities Include:
• Leadership & Strategy
• Lead and inspire a high-performing accounting team, fostering a culture of accountability, collaboration, and continuous improvement
• Partner with senior leadership, including the CFO and Executive Leadership Team (ELT), to provide insights into financial performance, risks, and opportunities
• Build and execute a people strategy focused on talent development, engagement, and succession planning
• Accounting Operations & Compliance
• Oversee all accounting functions including general accounting, accounts payable, claims payable, and cash applications
• Ensure all financial transactions are properly authorized, recorded, and supported by strong internal controls
• Maintain compliance with GAAP, STAT, FASB, IRS, and other regulatory standards
• Lead statutory reporting and ensure timely, accurate submission of all required federal and state filings
• Financial Reporting & Close Process
• Direct the monthly, quarterly, and annual close processes, continuously improving efficiency and timelines
• Prepare and present financial performance analyses, including variance and trend reporting
• Develop financial materials for executive leadership, Board of Directors, and key committees
• Financial Planning & Analysis
• Lead the annual budgeting process and coordinate budget development across departments
• Develop financial forecasts, projections, and scenario analyses to support strategic decision-making
• Monitor financial performance and analyze budget-to-actual variances, identifying risks and opportunities
• Audit & Internal Controls
• Lead coordination of internal and external audits, including preparation of financial statements and disclosures
• Ensure a strong internal control environment and oversee required control reporting
• Analyze audit findings and implement process and control improvements
• Cash & Treasury Management
• Oversee cash management activities in collaboration with treasury, banking partners, and portfolio managers
• Ensure appropriate liquidity and effective financial resource management
• Collaboration & Continuous Improvement
• Serve as a key liaison between Health New England, Baystate Health, and regulatory agencies
• Drive system enhancements and process improvements to increase efficiency and effectiveness
• Build strong relationships with external partners, including consultants and regulatory bodies such as the Department of Insurance (DOI)
• SCHEDULE:
• Full-time
• LOCATION:
• 280 Chestnut St.
• Springfield, MA

Requirements

• Bachelor's degree in Accounting, Finance, or related field (Master's preferred)
• CPA strongly preferred
• 8+ years of progressive experience in accounting, finance, or public accounting
• Experience in healthcare or managed care environment preferred
• Strong knowledge of GAAP, STAT, FASB, GAAS, and regulatory requirements
• Experience with statutory reporting and financial audits
• Proven leadership experience with the ability to develop and motivate teams
• Strong analytical, strategic thinking, and communication skills
• Education:
• Bachelors Degree (Required)
• Certifications:

Benefits

Additional Information

Health New England is seeking a strategic and collaborative Director of Accounting & Finance to lead and oversee all accounting operations in Springfield, MA. This role is critical in ensuring financial integrity, regulatory compliance, and operational excellence across the organization.

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