Finance Specialist

2 weeks ago


Chicago, Illinois, United States Northwestern Memorial Healthcare Full time
Job Overview

At Northwestern Memorial Healthcare, we believe that every interaction with our patients contributes to a positive and supportive workplace. Our commitment to a patient-centered approach distinguishes us as a leader in the healthcare sector. As a vital member of our organization, you will have the chance to contribute to our mission of enhancing healthcare quality, regardless of your role within the Northwestern Memorial Healthcare framework.

We take pride in offering competitive benefits to our employees, including tuition reimbursement, loan forgiveness, 401(k) matching, and various lifecycle benefits. Are you ready to be part of our mission for improved healthcare?

Position Summary

The Finance Specialist embodies the mission, vision, and values of Northwestern Memorial Healthcare, adhering to the organization's Code of Ethics and Corporate Compliance Program while complying with all relevant policies, procedures, guidelines, and regulatory standards.

This role involves documenting financial transactions, conducting analytical activities, and assessing trends and factors affecting Northwestern Memorial Healthcare. The Finance Specialist will also participate in the preparation and review of the month-end closing process and provide support during the annual financial statement audit. A strong understanding of intricate financial concepts in a dynamic environment is essential.

Key Responsibilities:
  • Examine and reference study documents (protocol, consent form, budget, clinical trial agreement, coverage analysis) to identify research-related charges impacting the organization and ensure compliant billing.
  • Maintain a comprehensive understanding of and adhere to the regulations of various payors, including Medicare, Medicare Advantage, Medicaid, and commercial payors, along with Medicare's Clinical Trial Policy.
  • Serve as a resource for research teams to assist in identifying items and services related to research and assigning the appropriate payor.
  • Stay proficient in Epic, clinical trial management systems, charge master/fee schedules, and relevant government and non-government resources.
Qualifications

Required:

  • Minimum of 3 years of relevant experience.
  • Strong communication, collaboration, analytical, and accounting skills.
  • High attention to detail and precision.
  • Proficient in Microsoft Office Suite.

Preferred:

  • Associate's degree in a relevant field.
  • Experience in public accounting.
  • CPA or CHFP certification.
  • Familiarity with an enterprise resource planning (ERP) system, preferably PeopleSoft.
  • Experience in healthcare finance.

Northwestern Memorial Healthcare is an equal opportunity employer and does not discriminate in hiring or employment based on age, sex, race, color, religion, national origin, gender identity, veteran status, disability, sexual orientation, or any other protected status.



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