[Hiring] Manager, Patient Billing Cash & Corp Accounting @Trinity Health

Role Description

Manages daily cash balancing between general ledger and bank for all non-insurance cash for all Trinity Hospitals and Medical Group revenue received in centralized bank account. Performs daily cash posting reconciliation to ensure cash is balanced and reconciled to bank and three-way match to the TogetherCare (Epic) posting process. Works to ensure internal controls and cash is balanced to meet the organization goals for stewardship of resources and internal controls and to ensure sound financial practices. This position works closely with the Manager of Accounting for System Office and Shared Services, and coordinates work with the Director Cash Application and Customer Service in the PBS responsible for the balancing of cash to the TogetherCare accounts receivable trial balance.

Essential Functions

• Knows, understands, incorporates, and demonstrates the Trinity Health Mission, Vision, and Values in behaviors, practices, and decisions.
• Manages and oversees day-to-day activities and responsibilities of cash reconciliation of all incoming cash payments to patient pay non-insurance account and balances bank and general ledger.
• Manages and oversees day-to-day activities and responsibilities of patient accounts receivable refunds of all cash payments to patient and insurance balances for credit balances.
• Responsible for the supervision of cash posting accountant and ensures all cash posting activities are reconciled between bank and general ledger in a timely, accurate and compliant manner.
• Develops plans for transfer of cash to Ministries on a recurring basis and works with the Manager of Accounting to ensure appropriate controls and intercompany balances.
• Works in coordination with the Director Cash Application and Customer Services regarding balancing to the TogetherCare (Epic) accounts receivable sub ledger.
• Develops and manages accounting policies and procedures for central cash and refund accounts ensuring appropriate internal controls are in place.
• Reviews cash deposit trends and makes recommendations for resolution of issues to improve efficiency of reconciliation.
• Participates with Manager Accounting, Treasury staff and the Director Cash Application and Customer Service in the design and improvement of cash posting processes and systems.
• Manages continuous quality improvement initiatives across the cash posting team and other departments within the PBS.
• Manages refund process for reissues and voids and escheats in accordance with state regulations.
• Manages and supervises the daily function, responsibilities and career development of the cash reconciliation Accountant(s).
• Maintains a working knowledge of applicable Federal, State, and local laws and regulations, Trinity Health’s Integrity and Compliance Program and Code of Conduct.

Qualifications

• Thorough knowledge of accounting principles, internal controls and financial management as normally obtained through a Bachelor's degree in Accounting or Finance.
• Minimum of five (5) years of progressively responsible management level accounting experience or an equivalent combination of education and experience.
• CPA or equivalent experience preferred.
• Experience in a healthcare organization with experience in multi-entity financial statements is desired.
• Comprehensive knowledge of revenue cycle functions and systems, specifically experience with cash reconciliation and refunds.
• Strong working knowledge of generally accepted accounting principles.
• Strong understanding of financial information systems, sub-ledgers, and general ledger.
• Strong Excel skills; knowledge of PeopleSoft and Epic Revenue Cycle preferred.
• Strong conceptual and analytical skills.
• Ability to communicate effectively to management and professionals at all levels.
• Effective critical thinking, problem solving and decision-making skills.
• Ability to coordinate, obtain and analyze data from a variety of sources.
• Must be comfortable operating in a collaborative, shared leadership environment.
• Must possess a personal presence characterized by honesty, integrity, and caring.

Requirements

• Flexibility to respond to frequent shifts in priorities.
• Ability to set and organize own work priorities and adapt to them as they change frequently.
• Ability to work concurrently on a variety of tasks/projects in a potentially stressful environment.
• Must possess the ability to comply with Trinity Health policies and procedures.

Physical and Mental Requirements and Working Conditions

• This position operates in a typical office environment.
• The area is well lit, temperature controlled and free from hazards.
• Incumbent communicates frequently, in person and over the phone, with people in all locations on product support issues.
• Manual dexterity is needed to operate a keyboard.
• Hearing is needed for extensive telephone and in-person communication.
• The environment requires the ability to concentrate, meet deadlines, and adapt to interruptions.

Our Commitment

Rooted in our Mission and Core Values, we honor the dignity of every person and recognize the unique perspectives, experiences, and talents each colleague brings. By finding common ground and embracing our differences, we grow stronger together and deliver more compassionate, person-centered care. We are an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other status protected by federal, state, or local law.