Manager, Accounting, Physician Services

Our team members are the heart of what makes us better. At Hackensack Meridian Health we help our patients live better, healthier lives — and we help one another to succeed. With a culture rooted in connection and collaboration, our employees are team members. Here, competitive benefits are just the beginning. It’s also about how we support one another and how we show up for our community. Together, we keep getting better - advancing our mission to transform healthcare and serve as a leader of positive change.

About the role

The Manager of Accounting, Physician Services is responsible for the management of assigned areas of the physician services financial accounting and reporting division for the physician practice management network. Under the direction of the Physician Division Controller, this role oversees and coordinates the day-to-day financial operations of assigned entities. Works in conjunction with other Accounting Managers and the Physician Division Controller.

Responsibilities

• Completion of accurate financial statements and the accounting cycle for assigned areas or companies.
• Supervises work of assigned staff.
• Prepares and validates the month-end financial closings for the assigned entities, including preparation and review of GAAP and internal operational profit and loss statements, balance sheets, and statement of cash flows for multiple entities including 100+ individual departments.
• Reviews intercompany transactions, elimination entries, and other expense and balance sheet reconciliations, as required, using knowledge of revenue cycle and outpatient billing practices.
• Manages cash reconciliation, including preparation, review, and training of complex bank account reconciliations with multiple methods of cash flow for over 100 offices.
• Interacts daily with the Cash Posting Team for Outpatient Billing to ensure daily reconciliations.
• Provides oversight and direction in assigned areas of payroll accounting, accounts payable, and tax issues (e.g., 1099, PR, sales) for multiple corporate entities.
• Assists in updating and documenting procedures for the accounting cycle, accounts payable, and cash as needed.
• Monitors fixed assets and capital projects, prepares variance reports of actual spend to budget, and informs Administration of the status of projects.
• Participates in the annual operating and capital budget preparation using Axiom and other systems to create and/or review calculations, expenses, and income, as needed.
• Develops methodologies monthly to ensure accounting for complex MPI lease compensation formulas are correctly administered, including proper contract interpretation, financial analysis, and preparation and review of quarterly variable compensation.
• Participates in the implementation and conversion of the EPIC physician billing system and handles related complexities, including multiple crosswalks to various systems and additional revenue analysis.
• Prepares for monthly leadership meetings to report on financial and operational results for the Physician Division across the HMH network.
• Performs other duties and/or projects as assigned.
• Adheres to HMH's Managerial competencies and standards of behavior.

Requirements

• Bachelor's degree in Accounting, Finance, or Business Administration.
• Minimum of 7 or more years of finance/accounting experience, including management/supervisory experience in a physician practice environment.
• Minimum of 2 or more years of experience in reviewing/analyzing revenue and billing reports.
• Advanced proficiency in Microsoft Office (Excel, Outlook, etc.), MAS 90/200, outpatient billing systems, and Axiom Budgeting Systems.
• Strong interpersonal, team, and organizational skills.
• Proven record of progressive professional growth and responsibility.
• Excellent written and verbal communication skills.

Qualifications

Preferred: Certified Public Accountant (CPA) and/or Master's in Business Administration (MBA).

Pay

Minimum base pay of $133,120 annually. The starting rate of pay is provided for informational purposes only and is not a guarantee of a specific offer. Posted rates may vary based on labor market data, experience, education, certifications, skills, geographic location, internal equity, budget, and grant funding. Some roles may also be eligible for performance-based incentives, bonuses, commissions, or shift differentials for evening, night, or weekend shifts.

Benefits

HMH offers a comprehensive benefits package for full-time and part-time (20+ hours/week) positions, including health, dental, vision, paid leave, tuition reimbursement, and retirement benefits.