Orlando Health is a nonprofit healthcare provider with a network of facilities throughout Orlando, Florida. The provider’s network of facilities consists of specialty hospitals f
Revenue Accounting Consultant
Location
United States
Posted
3 days ago
Salary
0
Seniority
Mid Level
No structured requirement data.
Job Description
Revenue Accounting Consultant
Orlando Health
Role Description Responsible for the revenue accounting for multiple hospitals within the system. Responsible for maintaining current AR reserve models and preparing the month end close packages including all related journal entries. Responsible for balance sheet reconciliations and the accurate financial reporting of net revenue and patient AR. Responsibilities Essential Functions: - Prepare month end revenue close package using analytic software. - Analyze and explain monthly net revenue for different hospitals and work with the CFO’s on understanding revenue variances to budget and prior month. - Provide accurate financial reporting. - Prepare month end close journal entries including AR reserves for bad debt and charity. - Prepare net revenue projections throughout the month using current models and maintain these models. - Be knowledgeable with the month end close process and meet deadlines. - Understand the hospital net revenue cycle process. - Evaluate current processes and make recommendations for improvement. - Maintain balance sheet reconciliations for AR and related general ledger accounts. - Work with patient accounting to ensure that AR and revenue are being reported as accurately as possible. - Assist in the development of the annual revenue budget as needed. - Work with other team members in reimbursement to provide support as needed. - Prepare account reconciliations and month end close journal entries for Corporate Accounting functions as needed. - Perform analysis and review of general ledger accounts and departments/facility financial statements. - Prepare audit workpapers. - Maintain compliance with all Orlando Health policies and procedures. Other Related Functions: - Effective communication and interpersonal skills. Required to effectively communicate financial models to a variety of audiences through verbal and written presentations. - Ability to manage projects. - Participates in/attends meetings as required. May be asked to lead meetings. - Completes all Orlando Health mandatory education. - Assumes the responsibility of professional development and continuing education. Qualifications - Bachelor’s degree in Accounting, Finance or Business Administration required. Requirements - Certified Public Accountant (CPA) preferred. - Four (4) years of accounting experience required, hospital net revenue including month end close experience preferred.
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