Terilyn Young
Honolulu
Summary
Dynamic financial operations leader with extensive experience in driving process improvements and enhancing corporate efficiency and financial performance. Seeking opportunity to leverage robust financial management, accounting and auditing experience to deliver strategic initiatives and organizational growth.
Overview
29
29
years of professional experience
1
1
Certification
Work History
Director, Financial Operations
Hawaii Medical Service Association
05.2022 - Current
- Establish policies, procedures, controls and reporting systems for financial operations, with primary oversight of Accounts Payable and Receivable functions, and Provider and Facility disbursement functions.
- Collaborate with executive leadership and support development of operational strategies to enhance corporate efficiency, improve service quality, reduce operational risks, and ensure fiduciary accountability.
- Direct departmental and financial initiatives aligned with organizational goals, engaging with cross-functional teams to gather insights for process improvement opportunities and provide meaningful insight to executive leadership.
- Mentor, develop and train staff to be a productive and collaborative team.
Senior Manager, Finance and Accounting
Hawaii Medical Service Association, HMSA
07.2013 - 05.2022
- Collaborated with the Director, Controller and Chief Financial Officer in setting and enforcing accounting and reporting policies in accordance with GAAP, Tax and SAP.
- Managed and provided direction and training to staff responsible for the timely preparation of the HMSA and the Subsidiary companies financial statements, general ledger analysis, cash flow and short-term investment management, and fixed asset management.
- Provided oversight and direction to staff responsible for the accurate accounting, cost allocation, and reporting of HMSA's major plan and complex Lines of Business, including compliance with financial and government regulatory standards for these plans.
- Directed the Accounts Payable function, driving process improvements, enforcing compliance with controls and policies, and fostering corporate awareness and accountability.
- Championed the development and implementation of the 1095-B tax form and supported other corporate initiatives in accordance with the Patient Protection and Affordable Care Act (PPACA) legislation, engaging with cross-functional teams to ensure compliance.
- Assisted the Controller and Director to effectively manage corporate resources and support strategic priorities, tactical initiatives, and cost control analysis and process improvement activities.
- Contributed to presentation of timely and relevant financial analyses to drive informed decision-making.
Manager, Corporate Finance and Accounting
Hawaii Medical Service Association
08.2001 - 06.2013
- Supported and enforced accounting and reporting policies in accordance with GAAP, Tax and SAP.
- Managed staff responsible for the timely preparation of the HMSA and the Subsidiary companies financial statements, general ledger analysis, cash flow and short-term investment management, and fixed asset management.
- Prepared and reviewed Annual and Quarterly National Association of Insurance Commissioners (NAIC) Insurance Blanks for HMSA Subsidiary (Life Insurance) in accordance with government and industry regulations.
- Provided research and assistance on accounting issues and audits.
- Established training programs that improved staff competencies and increased performance efficiency.
- Cross-trained existing employees to maximize team agility and performance.
- Assisted the Controller in preparing department budgets and managing department resources and expenditures.
Senior Internal Auditor
Hawaii Medical Service Association
12.1999 - 08.2001
- Planned and executed financial and operational audits, including investigations of fraud allegations.
- Evaluated corporate internal controls, operational structure and accounting system to determine and assess areas of high risk and focus, including the review of government health programs.
- Developed audit programs to effectively and efficiently conduct projects and assignments in accordance with generally accepted professional standards and appropriate government regulations.
- Presented findings and recommendations to executive leadership, issued corrective action plans, and worked with management to resolve audit and compliance concerns.
Senior Auditor
KPMG LLP
08.1996 - 12.1999
- Planned and supervised audit, review and compilation engagements for clients in Insurance, Healthcare, Non-Profit, Education, and other industries.
- Developed in-depth understanding of the client's business, internal control structure and accounting system, and identified aeras of high risk.
- Designed and implemented audit programs to effectively and efficiently conduct audits in accordance with Generally Accepted Accounting Principles (GAAP) and Statutory Accounting Principles (SAP)_
- Prepared financial statements, footnote disclosures, and communicated with client management to resolve potential audit issues.
Education
BBA - Accounting
University of Hawaii At Manoa
Honolulu, HISkills
- Leadership & Relationship Building: Experienced in leading cross-functional teams, mentoring staff, and developing productive and cohesive teams demonstrating accountability and trust
- Strategic Planning & Management: Effective in executing strategic financial initiatives and managing operational resources in alignment with organizational objectives and priorities
- Technical Skills: Microsoft Suite applications (Word, Excel, PowerPoint, Copilot); Microsoft Dynamics GP
- Willingness to learn and adapt with changes
Certification
Certified Public Accountant (Inactive) - Consideration for reactivation or engagement in continuing education.
Timeline
Director, Financial Operations
Hawaii Medical Service Association
05.2022 - Current
Senior Manager, Finance and Accounting
Hawaii Medical Service Association, HMSA
07.2013 - 05.2022
Manager, Corporate Finance and Accounting
Hawaii Medical Service Association
08.2001 - 06.2013
Senior Internal Auditor
Hawaii Medical Service Association
12.1999 - 08.2001
Senior Auditor
KPMG LLP
08.1996 - 12.1999
BBA - Accounting
University of Hawaii At Manoa