Financial Revenue Analyst III

Hackensack Meridian Health•Edison, NJ

About The Position

Our team members are the heart of what makes us better. At Hackensack Meridian Health we help our patients live better, healthier lives — and we help one another to succeed. With a culture rooted in connection and collaboration, our employees are team members. Here, competitive benefits are just the beginning. It’s also about how we support one another and how we show up for our community. Together, we keep getting better - advancing our mission to transform healthcare and serve as a leader of positive change. The Financial Revenue Analyst III is responsible for planning, monitoring, and coordinating specific departmental functions, and for compiling and analyzing financial information related to assigned Hackensack Meridian Health (HMH) network areas (i.e. corporate affiliates, physician services, partner companies, management service agreements ('MSA'), partnerships, etc.). Works closely with Physicians, Administrative Directors, the Legal Department, and the Executive Office on various analyses, projections, annual capital and operating budgets, and reconciliations as appropriate and applicable. Job responsibilities include all financial aspects of HMH goals, which also include all operational matters affecting the preparation and reporting of monthly financial statements, budgeting, audit coordination, internal controls compliance, PeopleSoft general ledger build & maintenance, and oversight on outsourced accounting functions.

Requirements

Bachelor's degree in Accounting or Finance.
Minimum of 3 years of progressive experience in Accounting or Finance.
Excellent analytical skills.
Excellent written and verbal communication skills.
Proficient computer skills that may include but are not limited to Microsoft Office and/or Google Suite platforms.

Nice To Haves

Masters of Business Administration (MBA).

Responsibilities

Consistently and timely communicates with applicable HMH departments, outside Accounting Firms, etc. regarding all inquiries. Timely prepares and communicates the results of reconciliations and analyses to all parties involved.
Leads meetings held with management of applicable HMH departments and Senior Management. Prepares agendas, PowerPoint presentations, meeting minutes, as needed.
Prepare, analyze and journalize the monthly revenue cycle.
Explains monthly and year-to-date variances and fluctuations (actual-to-budget / actual-to-prior year) using statistical, financial, and operational data.
Review payor contracts and understand the impact on revenue.
Supports and enables the monthly financial close process. Prepares monthly financial statements for each of the assigned areas. Compiles financial and statistical information as part of the monthly Finance Committee package.
Analyze and report on accounts receivables including trends, cash results, aging, bad debt and payment success.
Support the Site Finance Controllers in their monthly analysis with respect to revenue.
Prepares detailed work papers and support for monthly journal entries. Prepares reconciliations of all balance sheet and income statement accounts. Reconciles all intercompany transactions and ensures proper elimination upon consolidation.
Assists with budgeting and forecasting for revenue.
Provide financial analysis support services to other functional areas within HMH.
Other duties and/or projects as assigned.
Adheres to HMH Organizational competencies and standards of behavior.