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.
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:
LOCATION:
- 280 Chestnut St.
- Springfield, MA
QUALIFICATIONS:
- 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
Pay: $158,371.00 - $215,342.00 per year
Benefits:
- 403(b)
- Dental insurance
- Employee assistance program
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Parental leave
- Referral program
- Retirement plan
- Vision insurance
Work Location: In person
