Description
Summary:
The Net Revenue Analyst Lead is responsible for ensuring that we report complete and accurate net revenue numbers in accordance with Generally Accepted Accounting Principles for a respective region, consisting of three to six hospitals, while also supporting each regional net revenue analyst. Accordingly, the position is responsible for determining the contractual, bad debt and charity reserve estimates during month-end close through utilization of the Crowe Revenue Cycle Analytics (RCA) tool. The position requires strong analytical skills and the ability to problem solve. The lead analyst will be responsible for analyzing reports and variances to determine any deviations from trend and/or budget. Additionally, the analyst will be responsible for preparing the month end journal entries that impact net revenue as well as completing the related reconciliations. The lead analyst will be responsible for the training of all new analysts and working with the Regional Net Revenue Manager to conduct periodic trainings for the entire group. The lead analyst will be responsible for our Tableau tool and ensuring all proper reports are posted as well as ensuring each team member is utilizing the tool appropriately. The lead analyst should proactively look for ways to make our processes more efficient. At times, the lead analyst may be asked to review the work of analysts based on the Net Revenue Managers workload. The Regional Net Revenue Lead Analyst will report to the Net Revenue Manager. The ability to communicate effectively with all types of people is critical as the analyst position requires regular communication with the regional CFO's and finance team along with the corporate accounting and reimbursement teams. Timeliness, accuracy, and the ability to prioritize and meet critical deadlines are essential. The lead analyst will be responsible for training analyst on current reconciliation and analysis tools; along with automating current processes for improved efficiency.
Responsibilities:
- Calculate reserve estimates on a monthly basis using RCA and prepare the related journal entries to book the reserves to the general ledger
- Analyze monthly net revenue reports and develop explanations of results to be communicated to the regional finance teams along with the corporate finance team Compiling RCA and Meditech reports for month-end close calls with the regional teams, including the regional CFO
- Reviewing and reconciling the related balance sheet and income statement accounts on a monthly basis Daily reconciliations between the Meditech general ledger and the Crowe Revenue Analytics tool
- Ensures that all deadlines are met consistently
- Train all new analysts to use Crowe RCA, Tableau, Smartview, etc
- Train all new analysts on our reconciliation process
- Coordinate periodic team trainings Develop and automate processes for improved efficiency
- Assist the Net Revenue Manager in review work
Requirements:
Work Type:
Full Time
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