Senior Analyst Net Revenue

$75,338 - $118,643/Yr

Intermountain Health - Salt Lake City, UT

posted 2 months ago

Full-time - Mid Level
Remote - Salt Lake City, UT
Hospitals

About the position

The Senior Analyst, Net Revenue plays a crucial role in providing in-depth analysis and reporting related to the net revenue accounting function within Intermountain Health. This position is designed for a senior-level analyst who serves as a subject matter expert, performing complex to highly complex analyses that require a robust skill set. The role is 100% remote, although candidates from certain states are not eligible for remote opportunities. The Senior Analyst will report directly to the Manager of Net Revenue and is expected to demonstrate a high level of proficiency in Revenue Cycle analytics, which is more advanced than typical financial analyst roles. This position is specifically tailored for individuals who are engaged in functions related to Net Revenue and who exhibit the necessary skills and proficiency at this level. In this role, the Senior Analyst will utilize the Kodiak RCA (Revenue Cycle Analytics) System to prepare accounts receivable reserve calculations, which include contractual allowances, bad debt, and charity for all assigned business units. The analyst will also be responsible for producing monthly close schedules related to net revenue and net accounts receivable, as well as conducting analyses of payer performance. Additionally, the Senior Analyst will provide various analyses and reports that are specific to Net Revenue performance and will prepare planning and forecasting models for all assigned business units. The role also involves performing balance sheet reconciliations for all assigned business units and accounts, managing multiple projects and deadlines effectively, and communicating any risks and issues to managers in a timely manner. The Senior Analyst is expected to promote the mission, vision, and values of Intermountain Health and adhere to service behavior standards.

Responsibilities

  • Provide analysis and reports related to the net revenue accounting function.
  • Serve as a subject matter expert in Revenue Cycle analytics.
  • Prepare A/R reserve calculations, including contractual allowances, bad debt, and charity for assigned business units.
  • Produce monthly close schedules related to net revenue and net accounts receivable.
  • Analyze payer performance and provide various reports specific to Net Revenue performance.
  • Prepare plan and forecast models for assigned business units.
  • Perform balance sheet reconciliations for all assigned business units and accounts.
  • Manage multiple projects and deadlines effectively, communicating risks and issues to managers in a timely manner.
  • Promote the mission, vision, and values of Intermountain Health and abide by service behavior standards.

Requirements

  • Bachelor's degree in accounting, finance, or a related field.
  • Four years of Accounting or Finance experience requiring analytical and critical thinking.
  • Experience working with accounting systems, financial forecasting, and financial modeling.
  • Proficiency in analytics using tools and processes to perform essential duties.
  • Strong proficiency in Excel.
  • Ability to meet deadlines.

Nice-to-haves

  • MBA or master's degree.
  • Two years of healthcare, finance, or accounting experience.
  • Previous net revenue experience.
  • CPA or Crowe/Kodiak Certified Net Revenue Analyst (CNRA) designation.
  • Familiarity with Epic, Werner, Oracle Cloud, PeopleSoft, and Workday.

Benefits

  • Comprehensive benefits package covering a wide range of wellness programs.
  • Support for living healthy, happy, secure, connected, and engaged.
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