Manager, Finance - Net Revenue Valuation
University of Miami

Job Info

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Current Employees:

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The University of Miami/UHealthhas an exciting opportunity for a Manager, Finance Net Revenue Valuation.

CORE JOB SUMMARY

The Manager, Finance Net Revenue Valuation oversees and reviews all financial accounting activities related to patient net revenue valuation for hospital and physician services. This role is focused on all aspects of patient revenue reporting including reconciliation from the EMR to the ERP, proper recording, and classification in accordance with GAAP, policies and procedures for reserves, monthly journal entries and routine analysis to be able to communicate monthly results to leadership. This individual is responsible to ensure clearly designed and efficient business processes. Administration of personnel and departmental operations are required to ensure efficiency and compliance with applicable rules and regulations.

CORE JOB FUNCTIONS

• Timely and accurate reporting of all patient net revenue activities and appropriate valuation in accordance with ASC 606 and related accounting guidance in accordance with the monthly financial statement close process.

• Prepares analyses and reviews financial results for accuracy in conjunction with the monthly financial statement close and prepares schedules as required for external and internal auditors.

• Provides financial oversight of actual results to plan with a focus on identifying opportunities for improvements and efficiencies to support current goals and objectives.

• Ensures internal control oversight and compliance with laws and regulations, safeguarding of assets, compliance with University policies and procedures, reliability of internal and external reporting, and efficiency and effectiveness of operations.

• Creates an effective control environment, conducts risk assessment, implements and monitors controls.

This list of duties and responsibilities is not intended to be all-inclusive and may be expanded to include other duties or responsibilities as necessary.

CORE QUALIFICATIONS

Education:

Bachelor's degree in accounting and/or finance

Certification and Licensing:

CPA preferred

Experience:

Minimum 7+ years equivalent experience in a provider/hospital setting with net revenue/accounts receivable valuation, preferably with EPIC EMR in a single business office setting.

Knowledge, Skills and Attitudes:

• Knowledge of healthcare reimbursement, revenue cycle operations, and physician and hospital billing.
• Must be able to clearly articulate in writing and communication accounting methodology in accordance with ASC 606 and healthcare industry accounting guide and other applicable authoritative guidance
• Ability to utilize, document and manage large data sets and work effectively with the EMR IT group for any ad-hoc reporting.
• Ability to establish department goals, and objectives.
• Ability to effectively utilize and analyze large sets of data for use in providing analytical insights and in explaining monthly variances in conjunction with month end financial close expectations.

Department Specific Functions

• Ensure an adequate control structure over preparation and monitoring of accounting processes

• Conduct and prepare financial analyses to be shared with leadership.
• Serve as Finance representative on all projects/committees as requested

#LI-CM1

The University of Miami offers competitive salaries and a comprehensive benefits package including medical, dental, tuition remission and more.

UHealth-University of Miami Health System, South Florida's only university-based health system, provides leading-edge patient care powered by the ground breaking research and medical education at the Miller School of Medicine. As an academic medical center, we are proud to serve South Florida, Latin America and the Caribbean. Our physicians represent more than 100 specialties and sub-specialties, and have more than one million patient encounters each year. Our tradition of excellence has earned worldwide recognition for outstanding teaching, research and patient care. We're the challenge you've been looking for.

Patient safety is a top priority. As a result, during the Influenza ("the flu") season (September through April), the University Of Miami Miller School Of Medicine requires all employees who provide ongoing services to patients, work in a location (all Hospitals and clinics) where patient care is provided, or work in patient care or clinical care areas, to have an annual influenza vaccination. Failure to meet this requirement will result in rescinding or termination of employment.

The University of Miami is an Equal Opportunity Employer - Females/Minorities/Protected Veterans/Individuals with Disabilities are encouraged to apply. Applicants and employees are protected from discrimination based on certain categories protected by Federal law. Click here for additional information.

Job Status:Full timeEmployee Type:StaffPay Grade:H14

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