The Revenue Cycle Finance Director will work in key areas on finance performance measurement and goal setting. Will establish and manage budget for the Revenue Cycle operations and monitor monthly variances . Will handle Revenue cycle reporting and Liaise with client finance to answer questions from local/regional financial officers. Will work with Vendor Oversight and miscellaneous internal financial reporting.
DUTIES & RESPONSIBILITIES:
Manage Cash Performance (Measurement) Model and assumptions and be able to correlate changes in model to Rev Cycle operations and communicate inner-workings of model to client Financial Leadership on a monthly basis
Work closely with client finance to understand their net-revenue calculations and the Rev Cycle performance implications on client budget targets
Assist operations with setting goals based on historic performance, best-practice standards, and anticipated volumes
Establish and manage budget for the Rev Cycle operations and monitor monthly variances
Build and maintain Cost-to-Collect models for Rev Cycle operations and be able to work with operations on cost-containment opportunities
Oversee position control and establish labor cost budgets
Manage and approve Rev Cycle operational and capital expenditures (e.g. new technology) based on ROI analysis
Participate in month end close process and finance meetings for RC financial reporting
Liaise with finance to answer questions from local/regional financial officers
Negotiate Vendor Oversight outsourcing arrangements and manage make/buy decision models
Validate vendor payout based on contractual terms negotiated (e.g. invoice reconciliation
Support Huron internal finance controls and audit process
Ensures staff are aware and compliant with all applicable laws, regulations, guidelines, etc.
Identifies issues, risks, barriers and opportunities for improvement related to finance area
Develops professional and technical skill set in subordinate staff, and develop ongoing training and education materials for staff and patient education;
Supervises, trains, develops and motivates subordinate staff;
Performs related duties as required.
Effective and efficient organization and planning skills with the proven ability to manage complex multi-workstream performance improvement projects or multiple concurrent client engagements, while delegating and overseeing the work of junior team members
Proven analytical and critical thinking skills required to synthesize complex data sets and interpret qualitative and quantitative data and trends to implement recommendations resulting in measurable performance improvement and successful organizational change
Impactful and professional written and verbal communication set clear project team direction, develop key deliverables, escalate risks, and influence key stakeholders inclusive of client and internal senior leadership
Ability to collaborate with team members and client counterparts to understand business challenges, adapt implementation methodologies and approaches to ensure results align with client's business objectives
Team leadership experience including building talent, training, supervising, coaching/mentoring, and performance management
U.S. work authorization required
Bachelor's degree required in Finance and Accounting
Proficient in Microsoft office (Word, PowerPoint, Excel)
Experience in Financial and Accounting setting preferred
6-8+ years leadership experience in Healthcare-related field with experience in Revenue Cycle
At Huron, we're redefining what a consulting organization can be. We go beyond advice to deliver results that last. We inherit our client's challenges as if they were our own. We help them transform for the future. We advocate. We make a difference. And we intelligently, passionately, relentlessly do great worktogether.
Are you the kind of person who stands ready to jump in, roll up your sleeves and transform ideas into action? Then come discover Huron.
Whether you have years of experience or come right out of college, we invite you to explore our many opportunities. Find out how you can use your talents and develop your skills to make an impact immediately. Learn about how our culture and values provide you with the kind of environment that invites new ideas and innovation. Come see how we collaborate with each other in a culture of learning, coaching, diversity and inclusion. And hear about our unwavering commitment to make a difference in partnership with our clients, shareholders, communities and colleagues.
Huron Consulting Group offers a competitive compensation and benefits package including medical, dental, and vision coverage to employees and dependents; a 401(k) plan with a generous employer match; an employee stock purchase plan; a generous Paid Time Off policy; and paid parental leave and adoption assistance. Our Wellness Program supports employee total well-being by providing free annual health screenings and coaching, bank at work, and on-site workshops, as well as ongoing programs recognizing major events in the lives of our employees throughout the year. All benefits and programs are subject to applicable eligibility requirements.
Huron is fully committed to providing equal employment opportunity to job applicants and employees in recruitment, hiring, employment, compensation, benefits, promotions, transfers, training, and all other terms and conditions of employment. Huron will not discriminate on the basis of age, race, color, gender, marital status, sexual orientation, gender identity, pregnancy, national origin, religion, veteran status, physical or mental disability, genetic information, creed, citizenship or any other status protected by laws or regulations in the locations where we do business. We endeavor to maintain a drug-free workplace. Huron will consider qualified applications with criminal history in accordance with applicable laws.
Huron Consulting Group