Senior Analyst Net Revenue

$75,338 - $118,643/Yr

Intermountain Health - Annapolis, MD

posted 2 months ago

Full-time - Mid Level
Remote - Annapolis, MD
Hospitals

About the position

The Senior Analyst, Net Revenue plays a crucial role in providing in-depth analysis and reports related to the net revenue accounting function. 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 entirely remote, although candidates from certain states, including California, Hawaii, Illinois, New York, Rhode Island, Vermont, Connecticut, and Washington, are not eligible for remote opportunities. The Senior Analyst is expected to demonstrate a high level of proficiency in Revenue Cycle analytics, which is more advanced than what is typically required for most financial analyst positions. This role is specifically tailored for individuals who are engaged in functions related to Net Revenue and who exhibit the necessary skills and proficiency at this senior level. The analyst will utilize the Kodiak RCA (Revenue Cycle Analytics) System extensively and will be responsible for preparing accounts receivable reserve calculations, which include contractual allowances, bad debt, and charity for all assigned business units. In addition to these responsibilities, the Senior Analyst will produce monthly close schedules related to net revenue and net accounts receivable, analyze payer performance, and provide various reports specific to Net Revenue performance. The role also involves preparing plan and forecast models for all assigned business units, performing balance sheet reconciliations, and managing multiple projects and deadlines effectively. Communication of risks and issues to managers in a timely manner is also a critical aspect of this position. Furthermore, the Senior Analyst is expected to promote the mission, vision, and values of Intermountain Health while adhering 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 accounts receivable 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 (4) years of Accounting or Finance experience requiring analytical and critical thinking.
  • Demonstrated experience 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 (2) 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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