Corporate Senior Finance Manager, Special Projects

Prime Healthcare • Ontario, CA

11h

About The Position

Overview Prime Healthcare is an award-winning health system headquartered in Ontario, California. Prime Healthcare operates 51 hospitals and has more than 360 outpatient locations in 14 states providing more than 2.5 million patient visits annually. It is one of the nation’s leading health systems with nearly 57,000 employees and physicians. Eighteen of the Prime Healthcare hospitals are members of the Prime Healthcare Foundation, a 501(c)(3) not-for-profit public charity. Prime Healthcare is actively seeking new members to join our corporate team! Responsibilities Collaborate with Revenue Cycle, Business Office, and Decision Support in analyzing and monitoring the valuation of patient accounts receivables and credit balances for all hospitals and physician groups. Oversee the development, enhancement, and continuous standardization of the AR valuation models and process, assuring proper controls are in place to accurately estimate AR. Oversee and coach Analysts, Leads, Managers on the preparation of monthly, quarterly, and annual reports. Manage the preparation and distribution of monthly reporting, maintaining the highest quality, reliability, and accuracy. Manage the coordination of annual audit and quarterly review activities of external auditors. Manage the preparation of related footnote disclosures for financial statements. Ensure effective coordination with hospital Controllers, CFO’s and Business Office with the annual financial audit of the Revenue Cycle Process. Support month end and year end closing, as well as monthly review process. Identify process improvements to enhance financial reporting. Oversee data analysis to advise corporate management staff better ways to improve patient revenue. Provide support to other departments, such as Legal and Contracting, as it relates to open balances on patient claims and calculating reimbursement rates for Contracting negotiations. Develop or enhance training materials, memos, policies & procedures utilized by Corporate Finance. Recognizes and promotes the importance of transformation, process improvement, balancing enterprise, and reduce the variations. Other related duties and ad hoc/special projects, as needed.

Requirements

• Bachelor’s degree or equivalent experience in Business Administration with emphasis on Accounting.
• Eight or more (8+) years of revenue cycle analytical experience with hospital systems. Inclusive of aforementioned length of experience, two or more (2+) years of experience as a lead or manager.
• Strong analytical and troubleshooting skills and ability to prepare financial statements and models.
• Excellent written and verbal communication and comprehension skills, including the ability to clearly explain complex analytical topics to a wide audience. Ability to collaborate across related organizations and departments.
• Ability to clearly explain complex analytical topics to a wide audience. Ability to collaborate across related organizations and departments.
• Contract negotiation experience and experience with Key Performance Indicators (KPI) and performance metrics, financial systems and processes. Demonstrated ability to direct process improvement initiatives with successful results.
• Excel skills (v-lookups, sumif, sumproduct, indirect, etc.)

Nice To Haves

• Knowledge with Lawson system and ERP systems (i.e., EPIC/Meditech)
• Proficient in business software applications, i.e., Microsoft Excel, Word, SQL, Access, and PowerBI.
• Excellent understanding of financial system integration, master database management, data mining and reporting, etc.
• Certified Public Accountant, MBA or Master’s Degree
• PMP certification not required but preferred.
• Public accounting (audit) experience, 10Q/K reporting experience, and strong knowledge of GAAP –Highly Preferred

Responsibilities

• Collaborate with Revenue Cycle, Business Office, and Decision Support in analyzing and monitoring the valuation of patient accounts receivables and credit balances for all hospitals and physician groups.
• Oversee the development, enhancement, and continuous standardization of the AR valuation models and process, assuring proper controls are in place to accurately estimate AR.
• Oversee and coach Analysts, Leads, Managers on the preparation of monthly, quarterly, and annual reports.
• Manage the preparation and distribution of monthly reporting, maintaining the highest quality, reliability, and accuracy.
• Manage the coordination of annual audit and quarterly review activities of external auditors.
• Manage the preparation of related footnote disclosures for financial statements.
• Ensure effective coordination with hospital Controllers, CFO’s and Business Office with the annual financial audit of the Revenue Cycle Process.
• Support month end and year end closing, as well as monthly review process.
• Identify process improvements to enhance financial reporting.
• Oversee data analysis to advise corporate management staff better ways to improve patient revenue.
• Provide support to other departments, such as Legal and Contracting, as it relates to open balances on patient claims and calculating reimbursement rates for Contracting negotiations.
• Develop or enhance training materials, memos, policies & procedures utilized by Corporate Finance.
• Recognizes and promotes the importance of transformation, process improvement, balancing enterprise, and reduce the variations.
• Other related duties and ad hoc/special projects, as needed.

Benefits

• Prime Healthcare offers competitive compensation and a comprehensive benefits package that provides employees the flexibility to tailor benefits according to their individual needs.
• Our Total Rewards package includes, but is not limited to, paid time off, a 401K retirement plan, medical, dental, and vision coverage, tuition reimbursement, and many more voluntary benefit options.
• Benefits may vary based on employment status, i.e. full-time, part-time, per diem or temporary.
• A reasonable compensation estimate for this role, which includes estimated wages, benefits, and other forms of compensation, is $81,702.40 to $133,099.20 on an annualized basis.
• The exact starting compensation to be offered will be determined at the time of selecting an applicant for hire, in which a wide range of factors will be considered, including but not limited to, skillset, years of applicable experience, education, credentials and licensure.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees