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Role Description

• Leads the market level accounts receivable reserve process.
• Performs detailed review of balance sheet contractual allowances and bad debt reserve calculations for hospital billing, professional billing, and continuing care.
• Evaluates quarterly hindsight results to determine necessary changes to accounts receivable reserve process.
• Establishes working relationships with managed health operations and revenue cycle.
• Evaluates and monitors market level mix of accounts receivable for both hospital and professional billing.
• Assists with the explanation of budget to actual variances for contractual discounts.
• Works directly with external auditors to facilitate audit process for market-level accounts receivable, reserves, and revenue.
• Collaborates with Managed Health cost reporting team regarding cost report settlements and related reserves.
• Ensures third-party settlement accounting for Medicare and Medicaid open cost report balances are reconciled.
• Works with the Financial Reporting team to document compliance and regulatory matters.
• Acts as market level Advocate Health finance representative for Epic and Net Revenue Projects.
• Partners with the Reimbursement Budget Planning Director in the development and forecasting of market-level revenue budgets.
• Partners with Managed Health reimbursement department leadership for regional Medicaid supplemental payment accounting.
• Assists in ongoing compliance with Advocate Aurora Health’s internal control plan.
• Coordinates and completes internal and external auditors’ requests and queries.
• Performs human resources responsibilities for staff including interviewing, promotions, and performance evaluations.
• Responsible for understanding and adhering to the organization's Code of Ethical Conduct.

Qualifications

• Bachelor’s degree in accounting, finance, or related field.
• Typically requires 7 years of experience in health care reimbursement or public accounting.
• Includes 3 years of management experience in managing staff and budgets.

Requirements

• Strong accounting experience and Excel skills required.
• This position requires travel and exposure to weather and road conditions.
• Operates all equipment necessary to perform the job.
• Exposed to a normal office environment.

Benefits

• Comprehensive suite of Total Rewards: benefits and well-being programs.
• Competitive compensation based on qualifications, skills, and experience.
• Paid Time Off programs.
• Health and welfare benefits including medical, dental, vision, life, and disability.
• Flexible Spending Accounts for eligible health care and dependent care expenses.
• Family benefits such as adoption assistance and paid parental leave.
• Defined contribution retirement plans with employer match.
• Educational Assistance Program.