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Manager, Finance - UPP (Remote Flexibility)

  • Job ID: 709278714
  • Status: Full-Time
  • Regular/Temporary: Regular
  • Hours:
  • Shift: Day Job
  • Facility: Corporate Finance
  • Department: HSD UPP Central Admin
  • Location: 3600 Forbes Ave, Pittsburgh PA 15213
  • Union Position: No
  • Salary Range: $33.86 to $57.80 / hour

Description

Are you looking for an exciting opportunity to work in a dynamic, team-oriented, friendly environment providing experience and interaction to all levels of Senior, Physician, and Operational Executive Leadership? Bring your finance expertise to UPMC as a Manager, Finance supporting the Physician Services Division!

As the Manager, Finance- UPP, you will report to the Director of Finance of the Physician Services Division and supports the Chairman, Executive Administrator, Senior Director of Finance and Chief Financial Officer, PSD for the clinical departments. This position is responsible for financial oversight including reporting, revenue and financial analytics, budgeting and financial operations support of PSD departments. The manager is accountable to analyze financial results of clinical departments and their divisions and participate in the creation and adherence to the operating and capital budgets.

This position works collaboratively with UPMC Hospitals on budgets, financial analyses and support reconciliations, in addition to collaborating regarding physician compensation matters. As such, the position works with Corporate PSD, Division Physicians and Administrators, Hospital on all analytical matters related to finance (projections, pro forma development, etc.) The manager is a liaison between Corporate PSD and the clinical departments to ensure processing surrounding the revenue cycle is influenced by physician and department behavior. This position works with Department Administrators, Department Chairs and other senior Physicians, Hospital CEOs/CFOs and Senior PSD Management on all finance and revenue cycle related issues. The manager will conduct prospective and retrospective analyses on all Department finance and revenue cycle areas, tracking/follow-up and resolution of all outstanding issues.

UPMC has a Center for Engagement and Inclusion that is charged with executing leading-edge and next-generation diversity strategies to advance the organization’s diversity management capability and its national presence as a diversity leader. This includes having Employee Resource Groups, such as Women Inspiring Talent in Heath Care in Finance (WITH) or PRIDE Health, that support the implementation of our diversity strategy. 

Apply today!

Responsibilities:

  • Work collaboratively with and is accountable to Chairs, Executive Administrators, PSD CFO and leadership of other UPMC organizations. Develop and implement policies and procedures to ensure compliance with UPMC and PSD policies.

  • Oversee contract revenue and operating budgets, ensuring expenditures within their scope of authority do not exceed budgetary limits. Oversee the financial management of clinical trials. Lead person responsible for the development and implementation of the annual capital and operating budgets, coordinating with PSD Corporate Financial Planning & Analysis. Monitor department/clinical budgets. Maintain and report on all financial transactions as they relate to the department.

  • Oversee in depth financial analysis of monthly financial statements, physician profit and loss statements, and the annual budget. Develop, update and review in depth financial analyses related to cost savings initiatives, new programs, projects or business plans. Oversee and prepare analyses that are timely, complete and concise with adequate supporting documentation. Perform and oversee the completion of return on investment analyses, as well as financial and scenario analysis modeling. Direct, forecast, and analyze the impact of special projects or new services and physician practice acquisitions, e.g., proposed facilities, equipment purchases. Approve and prepare analyses for submission to various members of the Physician Services Division including Executive Management, Finance, Clinical Departments, and UPMC management.

  • Oversee financial reporting and analytics development on a specialty or department or division basis

  • Function as the lead finance expert in the subspecialties within the clinical departments Pod. Participate in UPMC Finance initiatives that focus on those subspecialties including horizontal analysis, new models of care, etc.

  • Ensure prospective and retrospective revenue cycle analysis within assigned clinical departments to determine trends as they relate to CPT, Third Party Payers, Days in AR, Charge Lags, Denials, etc. Responsible for reviewing all findings with Director of Finance, Senior Director of Finance, PSD Chief Financial Officer, UPP Department Executive Administrator and Chairman. Ensures the timeliness and accuracy of the processes performed to result in department patient satisfaction, maximum collections/reimbursement and efficient cash flow.

  • Maintain current industry knowledge and trends, attending professional development and educational events, acquiring certification, and participating in all appointed committees.

  • Work closely with UPP department leadership to identify opportunities for improving cost and quality of care through in-depth process and cost of care and new models of care analysis, forming recommendations to drive significant operational changes.

  • Work with UPP department leadership to assist in the creation and implementation of business and program development plans that support and advance the department's strategic programmatic goals.

  • Serve as an interface between PSD Corporate Accounting & Reporting for financial matters, including assisting the provision of information and explanation necessary for the development and analysis of financial statements, including balance sheets, profit/loss statements and analysis of variances in accounts, ratios, and income/expense. Provide UPP Department's Division Administrators all financial analytics, providing supervisory oversight, validation of data, and creating templates and standards across all divisions. Report, as required, on financial information at department and Chairman/Executive meetings.

  • Provide internal control and financial management of physician compensation and incentive plans. Assure accurate and timely calculations and that plans adhere to PSD corporate guidelines.

  • Develop and plan objectives with the Executive Administrator/Chair of UPP departments and PSD Chief Financial Officer, including short- and long-range programs in budgeting, revenue cycle, hospital programs, service line financial analysis and operations support. Oversee accurate, timely analytics support for the clinical departments.

  • Develop, implement and review resolutions/plans of action for outstanding outcomes of financial analysis and revenue cycle analysis. Assign responsibilities and ensure progress/plans of actions are attained in a timely manner.

  • Perform ongoing financial analysis of third party payer trends, and actively engage with Department Administrators and PSD Corporate Revenue Cycle Management to investigate and resolve issues, and to build strategies for enhancements. Ensure all parties are adhering to established protocols to ensure optimal revenue cycle/financial performance. Develop strategy to maximize reimbursement and disseminate regulatory information pertaining to changes in reimbursement while ensuring regulatory compliance.

  • Assists with the recruitment, selection, training and performance evaluation of assigned staff and recommends merit increases, promotions, and performance improvement plan actions, when necessary. Will supervise a team of individuals of varying degrees of experience. Establish priorities and assigns work, including projects and non-routine assignments. Review work for quality and conformance to department policy.

 

Qualifications

  • Bachelor's degree in finance or related business field required.
  • A Master's degree or CPA license and five years of experience will also be considered.
  • Minimum of six years of related work experience required. Minimum of one year managerial or supervisory experience required.
  • CPA/MBA or equivalent advance degree preferred.


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   Current UPMC employees must apply in HR Direct

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