Unapplied Funds Manager

Privia Health•Remote, USA

5d•$80,000 - $95,000•Remote

About The Position

The Unapplied Fund Manager works under the direction of the Director, Accounting to timely and accurately identify amounts owed to the Company’s various partners. This role would develop, implement, and maintain analytic systems, taking complicated data sets and building simple frameworks. This role has the opportunity to directly impact and provide significant value to the Company and the Company’s partners.

Requirements

Bachelor’s degree in Mathematics, Computer Science, Finance, or related field required
SQL experience aggregating and interpreting large data sets
Strong excel skills required
Ability to establish and refine a process with minimal oversight
Ability to operate calculator and computer
Must comply with HIPAA rules and regulations

Nice To Haves

Python or R experience is a plus (not required)

Responsibilities

Manage and oversee the daily activities of the unapplied funds and payment application function, ensuring timely and accurate resolution of unapplied and misapplied balances within the practice management system
Supervise and develop the Sr. Financial Operations Analyst, including prioritization of workload, performance management, training, and ongoing coaching to ensure operational effectiveness and accountability
Review and analyze multiple data sources, including banking activity and practice management system data, to identify and resolve discrepancies impacting payment application and downstream financial processes
Partner cross-functionally with Treasury, Client Finance, and Operations teams to investigate issues, improve workflows, and ensure care centers receive accurate applied payments
Oversee development and validation of SQL-based reporting and analytical tools used to support transaction analysis, operational monitoring, and reconciliation activities
Identify opportunities to improve operational efficiency, strengthen internal controls, and reduce unapplied balances through process enhancements and automation initiatives
Review automation outputs and system-generated results to ensure accuracy, completeness, and alignment with operational expectations
Support month-end and year-end close activities, internal and external audits, and documentation of business processes and controls related to unapplied funds and payment application activities
Summarize findings, operational risks, and process improvement recommendations to leadership and key stakeholders across departments
Perform other duties as assigned