Technical Accounting Manager

2 weeks ago

Oakland, California, United States Kaiser Permanente Full time

Position Overview:
This pivotal financial position entails oversight of technical accounting functions across the Kaiser Permanente organization.

Key Responsibilities:

- Ensure compliance with and monitor updates in US GAAP accounting and reporting standards throughout the organization and its subsidiaries.

- Guarantee accurate recording and disclosure of intricate transactions, including acquisitions, investments, derivatives, pensions, and post-retirement benefits, along with other new business ventures. - Supervise National Accounting Policies that provide guidance for appropriate accounting practices across the organization. - Serve as a resource for various regions, business units, and affiliated entities regarding technical accounting inquiries. - Develop and facilitate training sessions on technical accounting and related skills across the organization.


This role also encompasses support for specific regulatory reporting requirements and the evolving needs of environmental, social, and governance (ESG) accounting and reporting.

The position necessitates a solid understanding of internal controls and will assist in processes governing the organization and its subsidiaries.


Additionally, this role will contribute to accounting integration efforts associated with significant growth initiatives for Risant Health, which involves the acquisition of other health systems.

The responsibilities include acquisition accounting, reporting, and internal controls, along with the management of specialists and coordination with new entities.

This position reports to the Director of Technical Accounting.

Essential Duties:


- Pursue professional development and foster growth opportunities for team members by soliciting and acting on performance feedback; cultivating collaborative relationships; training and mentoring talent; delegating responsibilities; encouraging open communication among team members; implementing performance management standards; and collaborating with employees to establish goals and provide constructive feedback to enhance performance.


- Manage the designated work unit by translating strategic plans into actionable items; ensuring adherence to policies and procedures; delegating tasks to achieve objectives; overseeing the completion of assignments; aligning team efforts; fostering accountability and measuring progress toward results; identifying and addressing areas for improvement; removing barriers to performance; and guiding performance while developing contingency plans as necessary.

- Support financial transactions by executing complex accounting activities and reconciliations that lead to accurate financial statements (e.g., journal entries, estimates, disbursements) in accordance with GAAP and organizational policies; reviewing and approving complex accounting tasks performed by others; and providing recommendations.

- Conduct external reporting of financial information by preparing, reviewing, and interpreting reports and analyses for statutory reporting to external agencies; identifying needs for new report designs; maintaining relationships with external parties to resolve issues; and ensuring compliance with reporting requirements.


- Facilitate financial analyses by reviewing operational metrics to elucidate financial outcomes, inform decision-making, and pursue efficiencies and quality financial results; ensuring completion of ad hoc analysis requests; establishing data collection methods; and offering expertise in data sourcing.


- Communicate financial outcomes by developing and presenting insights regarding areas of responsibility to relevant management levels in both verbal and written formats; documenting processes and positions to support improvements, knowledge retention, and audit compliance; and providing consulting services to individuals lacking finance training.


- Engage in finance system design, implementation, enhancements, and ongoing improvements by reviewing transaction flows through source systems; validating ongoing configuration decisions; and ensuring that new systems, upgrades, and maintenance activities do not disrupt operations, financial statements, or leadership decision-making.


- Monitor organizational financial data by preparing, reviewing, and interpreting standard and/or ad hoc reports; evaluating the validity of assets, liabilities, revenues, and operating expenses in accordance with GAAP and organizational accounting policies; making recommendations; and communicating financial reporting to stakeholders and senior leadership.

- Adhere to policy and procedure requirements to maintain compliance and ensure staff compliance.


- Assist with internal and external audits by liaising with auditors; serving as the primary contact for auditors; ensuring the completion of necessary documentation; and escalating issues as required.


Minimum Qualifications:
- A minimum of three (3) years of experience in a leadership capacity, with or without direct reports.

- A Bachelor’s degree in Accounting, Business, or a related field AND a minimum of six (6) years of accounting or related business experience. Additional equivalent work experience in a directly related field may substitute for the degree requirement.

Additional Requirements:

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