Manager, Contribution Accounting and Trust Accounting
MagnaCareLas Vegas, NV
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Job Description
About the Role
The Manager, Contribution Accounting and Trust Accounting fund operations and supports client services, in accordance with Company guidelines, client needs and legislative requirements.
"Has minimum necessary access to Protected Health Information (PHI) and Personally Identifiable Information (PII) by Job Description/Role."
Key Responsibilities
At MagnaCare LLC, our people are committed to the improvement of how healthcare is accessed and delivered. When you join our team, you’ll become part of a diverse and welcoming culture focused on encouragement, respect and increasing diversity, inclusion and a sense of belonging at every level. Here, you’ll be encouraged to bring your authentic self to work with all of your unique abilities.
For more than 30 years, MagnaCare LLC has been a trusted partner in delivering flexible, customized solutions for self-insured organizations. As a national third-party administrator (TPA), we combine proprietary technology, network expertise, and a deep understanding of labor to help our clients achieve their goals while supporting the people they serve.
Our focus on labor means we work closely with funds, Taft-Hartley Trusts, and other self-insured groups to deliver tailored solutions that go beyond the basics. From health plan administration and eligibility management to contribution accounting, we provide the tools and support organizations need to succeed. With specialized offerings such as flexible network administration, direct contracting, in-house medical and care management, and workers’ compensation programs, we create benefit plans that address unique needs with precision.
The Manager, Contribution Accounting and Trust Accounting fund operations and supports client services, in accordance with Company guidelines, client needs and legislative requirements.
"Has minimum necessary access to Protected Health Information (PHI) and Personally Identifiable Information (PII) by Job Description/Role."
Key Responsibilities
- Manages a unionized staff, ensuring adherence to collective bargaining agreements while fostering a collaborative and accountable work environment.
- Oversees the processing of employer contributions, trust account reconciliations, and audit preparation to ensure accuracy, compliance, and timely reporting.
- Provides daily leadership and supervision to staff consistent with management values and mission.
- Responsible for regulatory reporting, Audit prep and support (internal or external), Interface with legal, compliance, etc
- Assigns, distributes, and monitors quality and quantity of work produced, ensuring employees are held accountable for consistently meeting quality and production requirements.
- Develops staff through performance management, goal setting, training, and effective employee relations.
- Maintains current knowledge of assigned Plan(s) and effectively applies knowledge.
- Optimizes workflows/processes, tools, and staff allocation to ensure efficient and cost-effective day to day operations.
- Troubleshoots customer/client service issues and assists in the successful implementation of new employers.
- Responds to inquiries and requests from clients, government agencies, unions, participants, attorneys, and consultants.
- Maintains effective communications and working relationships with management and staff as well as clients, government agencies, unions, participants, attorneys, and consultants.
- Reviews and approves timecards and time off requests; ensures the accuracy of labor allocations and payroll processing information.
- Performs other duties as assigned.
- Bachelor's degree in business, management or related-field and two years of related work experience such as bookkeeping, finance, banking, accounting, or benefits administration.
- High school diploma and six years of related work experience such as bookkeeping, finance, banking, accounting, or benefits administration.
- 3+ years of experience in a supervisory role.
- Strong organizational skills with a demonstrated attention to detail and the ability to meet deadlines.
- The ability to communicate clearly and professionally, both verbally and in writing.
- Strong work ethic and the ability to work effectively in a team environment.
- Exceptional customer service skills and ability to effectively communicate with all levels of the organization.
- Computer proficiency including Microsoft Office tools and applications.
- Experience working in a third-party administrator, insurance, or health and welfare environment.
- Experience managing contribution reconciliations or remittance issues
- Experience working with Taft-Hartley, union plans, or trust accounting (preferred)
At MagnaCare LLC, our people are committed to the improvement of how healthcare is accessed and delivered. When you join our team, you’ll become part of a diverse and welcoming culture focused on encouragement, respect and increasing diversity, inclusion and a sense of belonging at every level. Here, you’ll be encouraged to bring your authentic self to work with all of your unique abilities.
For more than 30 years, MagnaCare LLC has been a trusted partner in delivering flexible, customized solutions for self-insured organizations. As a national third-party administrator (TPA), we combine proprietary technology, network expertise, and a deep understanding of labor to help our clients achieve their goals while supporting the people they serve.
Our focus on labor means we work closely with funds, Taft-Hartley Trusts, and other self-insured groups to deliver tailored solutions that go beyond the basics. From health plan administration and eligibility management to contribution accounting, we provide the tools and support organizations need to succeed. With specialized offerings such as flexible network administration, direct contracting, in-house medical and care management, and workers’ compensation programs, we create benefit plans that address unique needs with precision.
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Automate your job search with Sonara.
Submit 10x as many applications with less effort than one manual application.