Healthcare Finance Decision Manager with Strata software

ICONMA LLC

Dover, DE, United States

about 1 month ago

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Role details

Contract type

Permanent contract

Employment type

Full-time (> 32 hours)

Experience level

Expert

Experience required

10 years minimum

Compensation

$111,155.0 - $172,286.0

Working hours

Regular working hours

Job source

www.careerjet.com

Tech stack

Decision Support Systems Financial Software Knowledge Management Productivity Software

Job description

Responsible for management of the Cost Accounting system used for service line profitability analysis. Manages productivity system and responsible for reporting to rating agencies such as S&P, Fitch, DAC, EMMA and other external agencies. Oversees utilization of Decision Support system in support of major strategic and financial planning projects. Publishes monthly service line Profit & Loss statements (P&Ls) and physician practice P&Ls and practice scorecards. Reviews all feasibility studies prepared using STRATA software. Assists with the implementation and on-going maintenance of the STRATA rolling forecast module
Develops financial feasibility, cost and reimbursement templates using the STRATA system determining Return on Investment (ROI), payback period, Net Present Value (NPV), Internal Rate of Return (IRR) and other financial metrics used to evaluate competing capital projects.
Establishes routine meetings with leadership to review service line profitability and assists with developing performance improvement plans for service lines with unfavorable variances to budget. Validates cost structure updates for accuracy.
Completes survey and annual insurance renewal applications and compiles data for FEMA and/or Single Audits and generate reports for GME reporting. Provide documentation for operational and administrative decisions affecting finance, labor utilization, and budget development.
Trains managers and directors to interpret and use productivity software Manages the requests for ad hoc reports. Generate reports needed for annual financial audit, cost report filing, community benefit reporting from STRATA.
Mentor the supervisor of decision support and special projects analyst.
Provides oversight to software implementations as needed including components of ERP, and Leasing software. Assists with the implementation of the STRATA forecasting module
All other duties as assigned within the scope and range of job responsibilities.

Requirements

Must have STRATA Jazz, forecasting and heatlhcare experience.
Bachelor Degree in Accounting, Finance or related field of study.
Minimum of 10 years’ experience in cost accounting, budgeting and/or decision support. Experience with STRATA financial software or similar. Healthcare experience.
Preferred Education, Credential(s) and Experience:
Master Degree in Business Administration or Health Administration
Experience in hospital or healthcare contracting and/or reimbursement. Familiar with bundled payments and physician reimbursement.