Manager, Revenue Analytics
About The Position
The Manager, Revenue Analytics is responsible for the completion of Hackensack Meridian Health's (HMH) monthly revenue and accounts receivable analysis, as well as working with respective hospital site directors in preparing and analyzing statistical analysis and preparing the annual revenue budget within their assigned region. Job responsibilities include all financial aspects of HMH's goal of achieving growth through analysis of revenue. Additional responsibilities include all operational matters affecting the preparation and reporting of monthly financial statements, budgeting, audit coordination, internal controls compliance, PeopleSoft general ledger build & maintenance, etc.
Requirements
- Bachelor's degree in Accounting, Finance or other related field.
- Seven or more years of hospital finance experience in a hospital or CPA environment.
- Demonstrated knowledge and application of GAAP.
- Excellent analytical skills.
- Must be highly computer literate, including advanced use of Excel.
- Must be able to establish effective working relationships with Senior Management and Staff at all levels of the organization.
Nice To Haves
- Master's degree in Finance or Certified Professional Accountant (CPA).
- Supervisory experience in an Accounting/Finance Department.
- Master's degree in Finance or Certified Professional Accountant (CPA).
Responsibilities
- Produces the financial data needed to complete the monthly revenue projections.
- Reviews and analyzes the hospital patient accounts receivable and revenue on a monthly basis, as well as analysis of variances and trends for presentation to senior management.
- Prepares and reconciles the monthly hospital statistics both inpatient & outpatient.
- Explains monthly and year-to-date variances and fluctuations (actual-to-budget / actual-to-prior year) using statistical, financial, and operational data.
- Responsible for the timely completion of the monthly Finance Committee presentation package, including providing technical support on the automated functions.
- Completes and monitors HMH's annual revenue budget, including correlation to statistical budgets (admissions, observations, same day surgeries and outpatient visits), and applies appropriate spreading methodology throughout the year.
- Perform and present highly complex financial analysis to senior management.
- Performs financial forecasting; Analyzes trends, costs, revenues to predict future revenues.
- Acts as point person with internal and external auditors on all revenue, accounts receivable and third party issues, drafting up all memos to support methodology for which analyses are built.
- Manages the general accounting function specific to hospital-based revenue and oversees outsourced accounting functions, if applicable; Ensures financial information has been recorded accurately.
- Maintains highly detailed work papers in a paperless work environment.
- Supervises, trains, assists, reviews, and provides back-up support to Accounting Staff, and promotes continuous quality improvement.
- Supervises all outside consultants who participate in the revenue valuation process.
- Other duties and/or projects as assigned.
- Adheres to HMH's Organizational and Managerial competencies and standards of behavior.
Benefits
- health, dental, vision, paid leave, tuition reimbursement, and retirement benefits
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What This Job Offers
Job Type
Full-time
Career Level
Manager
