Senior Financial Analyst Net Revenue

Texas Health Huguley FWS; Daytona Beach (FL); Remote; USD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Senior Financial Analyst to join their team. This role focuses on the critical task of net revenue recognition in healthcare, which involves meticulous analysis and oversight. You will use advanced tools to ensure accurate revenue estimations while collaborating with various teams to foster a culture of continuous improvement. If you have a strong background in accounting or finance and a passion for enhancing processes, this is an exciting opportunity to make a significant impact in a supportive and dynamic environment.

Benefits

Benefits from Day One

Paid Days Off from Day One

Student Loan Repayment Program

Mental Health Resources and Support

Qualifications

• Bachelor’s degree or higher in Accounting or Finance required.
• Two or more years of experience in net revenue or accounting.

Responsibilities

• Oversee net revenue calculations and reporting using Crowe RCA tool.
• Assist in preparing monthly net revenue close procedures.

Skills

Analytical Skills

Problem-Solving

Excel

Accounting Principles

Revenue Cycle Operations

Education

Bachelor’s degree in Accounting

Bachelor’s degree in Finance

Tools

Crowe Revenue Cycle Analytics (RCA)

Excel

Job description

Job Description

Job Number:

Senior Financial Analyst Net Revenue (24044266)

Description

Net Revenue

All the benefits and perks you need for you and your family:

• Benefits from Day One
• Paid Days Off from Day One
• Student Loan Repayment Program
• Mental Health Resources and Support

Our promise to you:

Joining AdventHealth is about being part of something bigger. It’s about belonging to a community that believes in the wholeness of each person, and serves to uplift others in body, mind and spirit. AdventHealth is a place where you can thrive professionally, and grow spiritually, by Extending the Healing Ministry of Christ. You will be valued for who you are and the unique experiences you bring to our purpose-minded team. All while understanding that together we are even better.

Schedule: Full Time

Location: 770 W Granada Boulevard Ormond Beach, FL 32174

This position will be remote with the requirement of living within driving distance to Ormond Beach for in-person training and meetings.

The role you’ll contribute:

The recognition of revenue in healthcare is a high-risk, estimation process requiring significant oversight, standard methodologies, and frequent analysis to ensure accurate estimates are achieved. The Senior Financial Analyst – Net Revenue will be located at the AdventHealth corporate headquarters and be responsible for performing and providing oversight over the centralized procedures around the net patient service revenue calculations. This includes the hospital net revenue calculation within the Crowe Revenue Cycle Analytics (RCA) tool, the non-hospital Excel net revenue template, and performing hindsight/lookback analysis to validate the net revenue estimation process. Candidates should have a strong desire to understand healthcare revenue estimates in accordance with Generally Accepted Accounting Principles. This role requires strong analytical and problem-solving skills, the ability to follow detailed process documentation, prioritize to meet deadlines, and a desire to identify and recommend process improvements. Additionally, it will require supervising staff by organizing and monitoring work processes to accomplish department objectives.

The value you’ll bring to the team:

· Assist with the preparation and oversight of the net revenue pre-close and close procedures within the Crowe RCA tool on a monthly basis. This primarily includes:

· Performing and reviewing routine centralized reserve calculations within the Crowe RCA tool, preparing calculations for manual adjustments, and maintaining documentation of the process used.

· Utilizing Excel for analyzing Crowe RCA reporting and developing templates to streamline routine processes.

· Generating and maintaining reports from the Crowe RCA tool for month-end close, internal audits, and external audits.

· Assisting facilities in analyzing net revenue results from the Crowe RCA tool as needed.

· Reviewing daily reconciliation prepared by the Net Revenue Analyst to monitor data feeds from the patient accounting system into the Crowe RCA tool.

· Applying discretion, independent thinking, and judgment during resolution of net revenue discrepancies by identifying and weighing available options.

· Identifying and resolving problems in net revenue accounting processes, and when appropriate, initiating changes to prevent future issues or improve processes.

· Fostering a team-centered environment and mentoring Net Revenue Analysts to enhance their understanding of the Crowe RCA tool and net revenue process through supervision and feedback.

· Organizing workflow and overseeing duties or delegated tasks of Net Revenue Analysts.

· Maintaining the standard non-hospital Excel template for physician and home health service lines, working with the Net Revenue Manager to process and review changes, and communicating updates to facility leadership.

· Collaborating with peers and facility finance and accounting teams to understand end-user needs, and preparing instructions/templates for net revenue processes for both the Net Revenue department and facilities.

Qualifications

The expertise and experiences you’ll need to succeed :

· Bachelor’s degree or higher in Accounting or Finance

· Two or more years of experience in net revenue, accounting, finance, reimbursement, or revenue cycle operations.

Job

Job

: Accounting/Finance

Organization

Primary Location

Work Locations

Work Locations

: FM AH DAYTONA BEACH VIRTUAL VIRTUAL Daytona Beach 32115