Financial Revenue Analyst III

Financial Revenue Analyst III

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Our team members are the heart of what makes us better.

At Hackensack Meridian Health we help our patients live better, healthier lives — and we help one another to succeed. With a culture rooted in connection and collaboration, our employees are team members. Here, competitive benefits are just the beginning. It’s also about how we support one another and how we show up for our community.

Together, we keep getting better - advancing our mission to transform healthcare and serve as a leader of positive change.

The Financial Revenue Analyst III is responsible for planning, monitoring, and coordinating specific departmental functions, and for compiling and analyzing financial information related to assigned Hackensack Meridian Health (HMH) network areas (i.e. corporate affiliates, physician services, partner companies, management service agreements ('MSA'), partnerships, etc.). Works closely with Physicians, Administrative Directors, the Legal Department, and the Executive Office on various analyses, projections, annual capital and operating budgets, and reconciliations as appropriate and applicable.

Job responsibilities include all financial aspects of HMH goals, which also include all operational matters affecting the preparation and reporting of monthly financial statements, budgeting, audit coordination, internal controls compliance, People Soft general ledger build & maintenance, and oversight on outsourced accounting functions.

• Consistently and timely communicates with applicable HMH departments, outside Accounting Firms, etc. regarding all inquiries; prepares and communicates the results of reconciliations and analyses to all parties involved.
• Leads meetings held with management of applicable HMH departments and Senior Management; prepares agendas, PowerPoint presentations, meeting minutes, as needed.
• Prepare, analyze and journalize the monthly revenue cycle.
• Explains monthly and year-to-date variances and fluctuations (actual-to-budget / actual-to-prior year) using statistical, financial, and operational data.
• Review payor contracts and understand the impact on revenue.
• Supports and enables the monthly financial close process; prepares monthly financial statements for each of the assigned areas; compiles financial and statistical information as part of the monthly Finance Committee package.
• Analyze and report on accounts receivables including trends, cash results, aging, bad debt and payment success.
• Support the Site Finance Controllers in their monthly analysis with respect to revenue.
• Prepares detailed work papers and support for monthly journal entries; prepares reconciliations of all balance sheet and income statement accounts; reconciles all intercompany transactions and ensures proper elimination upon consolidation.
• Assists with budgeting and forecasting for revenue.
• Provide financial analysis support services to other functional areas within HMH.
• Other duties and/or projects as assigned.
• Adheres to HMH Organizational competencies and standards of behavior.

Education,

Knowledge, Skills and Abilities Required:

• Bachelor's degree in Accounting or Finance.
• Minimum of 3 years of progressive experience in Accounting or Finance.
• Excellent analytical skills.
• Excellent written and verbal communication skills.
• Proficient computer skills that may include but are not limited to Microsoft Office and/or Google Suite platforms.

Education,

Knowledge, Skills And Abilities Preferred:

• Masters of Business Administration (MBA).

HMH is committed to pay equity and transparency for our team members. The posted rate of pay in this job posting is a reasonable good faith estimate of the minimum base pay for this role at the time of posting in accordance with the New Jersey Pay Transparency Act and does not reflect the full value of our market-competitive total rewards package.

The starting rate of pay is provided for informational purposes only and is not a guarantee of a specific offer.

• Labor Market Data:
  Compensation is benchmarked against market data to ensure…