Financial Analyst / Accountant

University Hospitals•Shaker Heights, OH

4d•Onsite

About The Position

This role assists in the maintenance of cost accounting methodologies for UH Health System, including overhead allocation and statistical drivers. It involves the calculation of Net Revenue Reimbursement, monitoring and recommending enhancements to data extracts, and collaborating with IT on system upgrades and testing. The position develops reporting solutions and analyses for management and senior leadership, builds custom reporting solutions, and defines Product Lines for reporting purposes. Responsibilities also include special projects such as Product Line Profitability Reporting, Physician Based Reporting, expense reduction projects, business planning data requests, and ad hoc reporting. Duties encompass source system extract definitions/modifications, validation & testing, full costing and overhead allocation development, GL and Payroll costing assignments/mapping/definitions, reporting/dashboard development, Net Revenue modeling, and assisting in implementing newly acquired hospitals onto the EPSi system. Additional responsibilities include performing other duties as assigned, complying with all policies and standards, and adhering to all requirements for safely and securely maintaining Protected Health Information (PHI).

Requirements

Bachelor's Degree in Accounting or Finance (Required)
2+ years accounting experience (Required)
Good understanding of GAAP, general ledger, health care cost accounting, and budget process. (Required proficiency)
Must possess analytical and problem solving skills. (Required proficiency)
Knowledge of Financial Systems and MS Office products (intermediate Excel skills), Access, Word. (Required proficiency)
Understanding of charge master and hospital billing. (Required proficiency)
Demonstrates a professional demeanor when responding to internal and external customers. (Required proficiency)
Strong interpersonal and communication skills both verbal and written. (Required proficiency)
Strong work ethic and good organizational skills. (Required proficiency)
Team player with ability to multi-task in a fast paced environment is essential to success. (Required proficiency)
Ability to be a thought leader and perform proactively. (Required proficiency)
Special project oriented. (Required proficiency)
Familiar with healthcare operations and budget process extremely beneficial. (Required proficiency)
Self-Motivated. (Required proficiency)
Enjoys being challenged. (Required proficiency)
Willingness to learn and grow within current role. (Required proficiency)

Nice To Haves

3+ years preferred accounting experience
Health care accounting experience (Preferred)
System conversion/implementation experience. (Preferred proficiency)

Responsibilities

Assists in maintenance of cost accounting methodologies (RVU, RCC, Variable Charge, ABC) for UH Health System, including the overhead allocation and statistical drivers.
Calculation of Net Revenue Reimbursement including preparation, allocations, reconciliations.
Monitors and recommends enhancements to data extracts from source systems. Ensures integrity and validity of data is intact.
Works closely with IT on all system upgrades and testing (beta development, functionality testing, movement into production environment).
Develops reporting solutions and analyses for management and senior leadership. Must work with Finance and Administrative Leadership to build custom reporting solutions including dashboards, standard monthly/weekly/daily reporting, in a productionized, repeatable fashion.
Will also help in defining various Product Lines at all entities, for reporting purposes.
Special projects as assigned (e.g. Product Line Profitability Reporting, Physician Based Reporting, Length of stay and utilization expense reduction projects, business planning data requests, system enhancements).
Adhoc reporting requests with varying time sensitivity and criticality.
Duties will entail source system extract definitions/modifications, validation & testing, full costing and overhead allocation development, GL and Payroll costing assignments/mapping/definitions, reporting/dashboard reporting development.
Net Revenue modeling and assisting in implementing newly acquired hospitals onto our EPSi system.
Performs other duties as assigned.
Complies with all policies and standards.
Must abide by all requirements to safely and securely maintain Protected Health Information (PHI) for our patients.