Cash Flow and Payment Manager

The MassHealth Cash Flow and Payment Manager (part of the MassHealth Finance team) is responsible for tracking cash flow and payments across MassHealth budgetary appropriations and trust funds totaling more than $22 billion. The Manager works closely with the Accounting, Federal Revenue, Contracts, and EHS Budget units to resolve payment and federal claiming issues and ensure compliance with state and federal laws and regulations. The Manager works closely with the Accounting, Federal Revenue, Contracts, and EHS Budget units to resolve payment and federal claiming issues and ensure compliance with state and federal laws and regulations. This position is critical to the management of the MassHealth budget.

Duties and Responsibilities (these duties are a general summary and not all inclusive):

Cash flow tracking and analysis

Management and oversight of all cash flow functions for MassHealth’s General Fund programmatic accounts. Functions include:

-         Develop annual cash flow projections; analyze actual expenditures compared to projections on a biweekly basis, and more frequently as needed

-         Compare cash forecasts with 3x / year budget forecasts to ensure alignment

-         Track account-level and object-class level expenditure needs; coordinate with ANF on transfer requests as needed

-         Oversee provider payment and expenditure transfer requests.

-         Prepare quarterly summaries of expenditure activity for the MassHealth leadership team.

-         Develop expertise in accounting and revenue claiming processes; requires cross-functional coordination with accounting programs, EOHHS Budget, and federal claiming units.

Trust Tracking and Analysis

Management and oversight of Budget Team functions for all MassHealth Trust Funds. Functions include:

-         Reconcile all Trust Fund activity (spend and revenue) on a quarterly basis; requires cross-functional coordination with accounting program and federal claiming units.

-         Coordinate Trust set-up activities at the start of the fiscal year (e.g., transfer schedules, revenue certifications).

-         Ensure Trusts are in balance at the end of the fiscal year and operating in compliance with statutory and regulatory requirements, including reporting requirements.

-         Prepare quarterly summaries of Trust activity for the MassHealth leadership team.

Vendor Contracts and ISAs

Management and oversight of Budget team functions pertaining to vendor contracts and ISAs (i.e., contracts with other state agencies). Functions include:

-         Ensure all contract processes are clearly documented, and lead/support process improvement projects.

-         Manage and oversee encumbrance and invoice tracking processes.

-         Utilize data from MMARS (the Commonwealth’s accounting system) to prepare summaries of contract expenditures.

-         Represent Budget team on the EOHHS ISA workgroup; coordinate with ForHealth Consulting on financial tracking and reporting.

Managed Care Payments

Management and oversight of Budget team’s functions perta