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Core Competencies
Role fitCore Competencies
Use this summary to align your resume positioning with the role.
Demonstrates expertise in managing healthcare net revenue accounting functions, ensuring compliance with U.S. GAAP, and utilizing the Kodiak RCA Tool for accurate financial reporting. Strong leadership and mentoring skills are essential for developing a competent team and enhancing operational efficiency.
Highest-signal resume keywords
Healthcare Net Revenue AccountingU.S. GAAP ComplianceKodiak RCA Tool ProficiencyProgressive Leadership ExperienceRevenue Cycle Process Knowledge
ATS Keywords
Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills
Financial AccountingMonth-End Close ProcessBalance Sheet ReconciliationNet Revenue ForecastingOperational Budget PreparationCoding Classification SystemsVariance AnalysisProcess Improvement
Soft Skills
MentoringCommunicationCollaborationStaff Development
Certifications & Qualifications
Licensed Certified Public Accountant
Industry Keywords
Revenue CycleHealthcare FinanceBillingPrice TransparencyInternal Controls
About the role
Key responsibilities & impact- This position has responsibilities for the accounting for net patient services revenue, primarily from the hospitals (Hospital Billing or HB) and medical group clinics (Physician Billing or PB) of Intermountain Health.
- This position also ensures financial accounting and reporting follows U.S. generally accepted accounting principles (U.S. GAAP); maintains a strong system of internal controls; hires, trains, develops and retains competent personnel; and provides excellent service to internal stakeholders.
- Manages the day-to-day operations and performance of net revenue accounting processes and procedures.
- Manages the inputs, assumptions and outputs of the Kodiak RCA net revenue valuation tool.
- Coordinates with Revenue Cycle, Finance, Payer Contracting and Kodiak to maintain accuracy and completeness of revenue valuation.
- Supervises the net revenue department during the month-end close process and prepares or reviews assigned balance sheet account reconciliations.
- Prepares and supports the reporting of monthly net revenue results to the regional finance teams.
- Works closely with accounting managers to ensure net revenue numbers are properly reported each month.
- Reviews all month-end journal entries prepared by the net revenue analysts prior to posting and analyzes results (including understanding variances to forecast, trend and plan).
- Ensures the net revenue analysts adhere to the month-end processes, timelines, and quality expectations.
- Mentors analysts to produce accurate and timely work.
- Collaborates with reimbursement, revenue cycle, and regional finance teams to develop and support net revenue forecasts and plans.
- Participates in the preparation of operational and capital budgets for hospitals and medical groups.
- Maintains effective and appropriate staffing and staff scheduling to ensure goals are met.
- Promotes staff flexibility and cross-training.
- Provides communication to associates through huddles, staff meetings and other forms of communication to relay updates regarding department updates, organizational activities, financial performance, educational opportunities and interdepartmental activities.
- Supports enterprise initiatives related to net revenue through detailed analysis and execution support.
- Identifies and implements process improvements within net revenue accounting workflows to enhance efficiency, accuracy, and timeliness.
Requirements
What you’ll need- Bachelor’s degree in accounting or finance is required.
- Progressive leadership experience managing healthcare net revenue accounting functions across multiple locations with increasing responsibility across complex revenue cycle operations is required.
- Working knowledge of revenue cycle processes, state and federal requirements (i.e., charging, billing, price transparency), and the impact on net revenue is required.
- Demonstrated proficiency with Kodiak RCA Tool is strongly preferred.
- Licensed Certified Public Accountant is preferred.
- Ability to interpret upstream operational activity and partner with subject matter experts to ensure accurate financial reporting, while relying on those partners for operational process ownership, is strongly preferred.
- Understanding of coding classification systems, such as ICD-10-CM, ICD-9-CM, MS-DRG, CPT-4, APR-DRG, and HCC is strongly preferred.
Benefits
Comp & perks- generous benefits package that covers a wide range of programs to foster a sustainable culture of wellness that encompasses living healthy, happy, secure, connected, and engaged.