Sr. Financial Analyst

3 weeks ago

Shaker Heights, United States Staffing Solutions Enterprises Full time
Job DescriptionJob Description

Essential Functions

  • Maintain up-to-date knowledge of Medicare / Medicaid rules and regulations
  • Working alongside staff in general accounting, assist with new reporting and modeling tools, budget preparation and reimbursement analysis for new product lines
  • coordinates the reimbursement section’s input into the annual financial audit performed by the health care facilities outside audit firm
  • Liaison with OHA on Reimbursement matters
  • Resource to Government Relations for review of proposed regs impacting the hospital.
  • Resource relating to appeals, prior year issues, current year reports needed for the cost report and general historical information
  • Under limited supervision, preforms Calculation of Net Revenue Reimbursement for the Health System, including allocations. Maintains cost accounting methodologies (RVU, RCC, Variable Charge, ABC), including overhead allocations and statistical drivers.
  • Monitors and recommends enhancements to data extracts from source systems. Ensures integrity and validity of data is intact.
  • Works closely with IT on system upgrades and testing (beta development, functionality testing, and movement into production environment).
  • Develops reporting solutions and analyses for management and senior leadership. Works with Finance and Administrative Leadership to build custom reporting solutions including monthly/weekly/daily reporting, in a repeatable fashion.
  • Special projects as assigned (e.g. Product Line Reporting, Profitability Reporting, Physician Based Reporting, business planning data requests, system enhancements). Ad-hoc reporting requests with varying time sensitivity and criticality.

Education

  • Bachelor's Degree in Accounting or Finance required

Work Experience

  • 1 year experience in accounting experience required, 5+ years accounting experience preferred
  • Experience with supplemental revenue reimbursement experience and knowledge of UPL and HCAP and payment rates strongly preferred
  • Medicare and Medicaid Cost Reporting experience required
  • Health care accounting experience preferred

Knowledge, Skills, & Abilities

  • Must possess strong analytical and problem-solving skills. Required
  • Knowledge of financial systems including decision support systems, cost accounting, and Oracle Financials/general ledger systems. Preferred
  • Knowledge of MS Office Excel intermediate to advanced skills. Required
  • MS Office Access knowledge. Preferred
  • Demonstrates a professional demeanor when responding to internal and external customers. Required
  • Strong interpersonal and communication skills both verbal and written. Required
  • Strong work ethic and good organizational skills. Required
  • Team player with ability to multi-task in a fast-paced environment is essential to success. Required
  • Special project oriented. Required
  • Familiar with healthcare operations and budget process extremely beneficial. Preferred
  • Self-Motivated. Required
  • Enjoys being challenged. Required
  • Willingness to learn and grow within current role. Required
  • Understanding of charge master and hospital billing is . Preferred
  • Knowledge of reimbursement and managed care contracts. Preferred
Salary: $90-100K

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