Financial Operations Manager
6 days ago
We are seeking a highly skilled Financial Operations Manager to join our team at Albany Medical Center. This role will be responsible for providing high-level financial and reimbursement analysis to support the daily/monthly reporting of revenue cycle detail.
Key Responsibilities- Supervise and assist the administrative support team with the day-to-day function of the Patient Receivable Control unit.
- Control journal entry process associated with patient cash flow and AR reimbursement, including final month-end reconciliation of patient cash to general ledger.
- Control the process for interim payment schedules, monitor cash distributions for interim payments, accommodation transfers, and other program transfers as required.
- Perform duties related to daily/monthly revenue cycle, including gross/net revenue reporting, reserve modeling reporting, bad debt/charity care reporting, and analysis of all data.
- Assist with year-end audit requirements, including AR, reimbursement, and gross charge sampling.
- Guide and assist Administrative Support Associates with daily cash processing, responsible for cash file maintenance, along with miscellaneous receivable control tasks.
- Perform charge/reimbursement detail testing on patient account output from the billing system.
- BS or BBA in Accounting/Finance.
- Minimum of 4 years of experience in Healthcare Finance or a combination of education and experience in a related field.
- Ability to provide guidance and supervision to administrative staff.
- Ability to operate in a fast-paced environment, must be organized and capable of meeting daily/monthly deadlines.
- Microsoft Office skills are required.
Albany Medical Center is an equal opportunity employer. This role may require access to information considered sensitive to Albany Medical Center, its patients, affiliates, and partners, including but not limited to HIPAA Protected Health Information and other information regulated by Federal and New York State statutes.
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