Commercial Funding Manager

Cygnet; City Of London; Remote; GBP 40,000 - 60,000; Full time

Job summary

A healthcare company is seeking a Commercial Funding Manager to oversee fee reviews and manage funding processes. The successful applicant will work closely with various teams to ensure accurate billing and payment agreements. This position requires strong organizational, negotiation, and multitasking skills, along with a focus on detail. A range of internships and benefits, including a pension scheme, is offered.

Benefits

Enhanced maternity

Free Health Cash plan

24 hours free GP support line

Discounted gym membership

Pension scheme

Qualifications

• Experience in healthcare funding coordination.
• Ability to manage fee review processes and contract negotiations.
• Strong communication skills with various stakeholders.

Responsibilities

• Coordinate fee reviews annually with local authorities.
• Manage funding disputes with funding bodies.
• Maintain market fee database and assist commercial finance projects.

Skills

Negotiation skills

Organizational skills

Attention to detail

Multitasking

Job description

We are looking for a Commercial Funding Manager to join our team at Cygnet. This role is a regional role working remotely with occasional travel to our Millbank Office in central London.

We are looking for a Commercial Funding Manager (CFM) for healthcare services to join the team, reporting into the Commercial Funding Director. The CFM will play a pivotal role in ensuring revenue is maximised, captured accurately and that fees and uplifts are communicated with our finance and billing team.

The role will work across the various categories of healthcare commissioners who place people within Cygnet’s services. The CFM will oversee communication of uplifts, tracking of agreements / payments and where required active chase agreements. The successful applicant will also support our business development team in their work negotiating contract agreements with their commissioners.

The role will further develop our healthcare tracking and reporting work and will foster even closer links with the pricing, billing and credit control teams to ensure that uplifts are agreed, billed and paid. There is a real opportunity to look at the work we do and develop it so that we are even more effective.

The successful applicant will work closely with our healthcare BRMs and will also link in with various teams across our commercial, finance and commercial finance functions.

In advance of each contract year, the CFM will work with the CFD to develop and deliver the fee uplift project plan.

This role will suit someone who is looking to lead a busy work stream. The successful applicant will be organised, able to multitask, a completer-finisher who is able to consistently meet deadlines. Enjoying negotiation, contact with customers and colleagues and having a keen ideal for detail are traits we are looking to bring into the team.

Responsibilities

• Fee Review Coordination
• To work on the annual Local Authority and NHS fee reviews, including direct, frequent interface with customers. Particular emphasis on the residential / SL/ nursing home services fee reviews
• Once fee review agreed, to secure confirmation of agreed fee structures from commissioner
• To work with Cygnet’s Commercial Manager and incumbent Commercial Funding Manager to ensure contract pricing schedules are updated for inclusion within the above renewal process
• To continually develop systems for the effective monitoring of the above processes
• To liaise with the Finance and Credit Control teams to address any delays in payments of residential/supported living/nursing home fees
• To ensure that Cygnet’s customers consistently have a positive experience of the fee review process
• To support the healthcare fee review process, where needed, working with the Commercial Manager and the Contract Relationship Manager
• To ensure effective information sharing across Cygnet teams to help ensure agreed uplifts are fully implemented/billed.
• Funding Dispute Coordination
• Work to resolve any funding disputes in direct liaison with funding bodies
• Lead on the maintenance of an effective system for the coordination of any funding disputes.
• Commercial Data Coordination
• Maintenance of Cygnet’s market fee database
• Working on projects relating to Commercial Finance matters
• Providing data to help inform future developments within Cygnet
• To work with the Commercial Finance team within the Finance department to ensure that Cygnet’s internal Master Funding Documentation reflects latest agreements.

You will

• Act in accordance with all Cygnet policies
• Act in a fully confidential manner, both patient and business confidentiality
• Attend annual mandatory training.

Why Cygnet? We’ll offer you…

• An opening to undertake further learning with our excellent apprenticeship scheme
• Expert supervision & support
• Employee referral scheme
• Enhanced maternity
• Free Health Cash plan
• 24 hours free GP support line
• Free life assurance cover
• Free eye tests
• Car lease discounts
• Discounted gym membership
• Free mortgage broker and Insurance cover
• Pension scheme
• Employee NHS - discount savings & “Cycle to Work” scheme
• Smart Health Toolkit- Providing you with Fitness Programmes, Nutrition consultation and Health checks

What next?

Click apply now or send your CV to [e-mail]

Successful candidates will be re