This position within the Technology Enables Services (TES) Revenue Cycle Management (RCM) Finance group is responsible for supporting the fi...
This position within the Technology Enables Services (TES) Revenue Cycle Management (RCM) Finance group is responsible for supporting the financial planning and analysis activities for the transformation initiatives within the RCM business. There are multiple initiatives with some of the key programs being tied to automation/IA, process standardization, and platform strategy.
Financial and Project Analysis - Develop, analyze and communicate the key metrics and drivers of initiatives against plan (budget, forecast, and strategic plan).
Planning & Forecasting - Support the financial planning activities for the transformation initiatives and partnering with operation leaders in a manner that yields challenging, but achievable, strategic plans, budgets and forecasts and provides clear understanding of requirements and results.
Modeling - Develop and maintain various financial models used to support decision making.
Operational Support - Track and provide support to leadership on financial performance of transformational initiatives and determining areas of improvement.
Special Projects - Carry out special projects as required.
Financial and Project Analysis
This position is expected to help build and track transformation initiatives performance, provide timely, relevant and accurate analysis of the results of the transformation initiatives for RCM performance against historical, budgeted, forecasted and strategic planning results to facilitate decision-making toward the achievement of the budget and strategic plan.
Analyze Results - Analyze the key drivers and metrics vs historical performance, budgets, forecasts, and strategic plans and communicate results to leadership for decision support, plan reviews and operational reviews.
Process Improvement - Suggest & drive process improvement initiatives related to any planning, reporting or analytic process.
Planning & Forecasting
This position is expected to support the financial planning activities for the transformation initiatives and partnering with operation leaders in a manner that yields challenging, but achievable, strategic plans, budgets and forecasts and provides clear understanding of requirements and results.
This requires that the position:
Review and advise Leadership on transformation budget, actual and forecast results based on a thorough knowledge of the targets, history, metrics, resources, and initiatives at the business unit levels.
Utilize financial systems (TM1/PAX, Workday, SAP, and Oracle) to assist in consolidating and reporting on plans and forecasts.
Maintain and develop various financial models used during the transformation planning processes and to support decision making by executive leadership, ensuring quality, accuracy and focused analytic review including:
This position is expected to possess the skills and initiative to carry out special financial planning and/or analysis of projects of varying nature and complexity with limited supervision by clarifying objectives and assumptions or making appropriate judgments where necessary.
This may include analysis of financial metrics, process improvement initiatives, etc.
BS in Accounting, Finance or Business.
MBA a plus
Minimum 5+ years financial experience in a financial management role with a demonstrated ability to work cross-functionally to achieve results
Support of transformation initiatives - building and creating financial models focused on ROI projects (Automation, Offshoring, AI, Blockchain)
Thorough knowledge of finance policies, practices, and systems
Advanced Excel modeling skill
Travel to other office locations - up to 25%
Desired Experience/Nice to Have
Experience as a strategic partner working with IT and operations is a plus or working closely with a business leader with revenue or expense ownership
Experience working with multiple leaders across the organization sharing and presenting ROI financial models, P & L Interlock, project accounting, benefit recognition and CAPEX/OPEX experience
Consulting industry is plus. Other industries will be considered as well
System TM1, Planning Analytics, SAP, Oracle or Workday
BI Tools such as Power BI, Tableau experience is preferred
Healthcare billing industry experience a plus
Clear and concise written, presentation, verbal and interpersonal communication skills. Experience working across various departments with various levels of management
Accustomed to working with changing priorities, multiple initiatives/projects and quick delivery in a fast-paced environment
Results- driven with an emphasis on meeting/exceeding deadlines and commitments
Ability to execute deliverables with tight turnarounds, and manage multiple deliverables in condensed time frames
Strong analytic, problem- solving and communication skills: able to clearly link financial results to operational performance drivers, generate alternatives and drive positive change