permanent

Senior Director Financial Revenue Reporting

UMass Memorial Medical Center - Memorial Campus | Worcester, Massachusetts 01605

Salary Range: Call for details
Date Posted: December 01, 2021
Opportunity Code: 29610

Summary

Join UMass Memorial Healthcare as the (REMOTE) Senior Director Financial Revenue Reporting


The Position

  • The Senior Director is responsible for assuming the lead role in coordinating and preparing key net revenue financial reports and financial statement valuations for the system and division levels of UMass Memorial Health Care using advanced technical expertise and/or financial modeling capabilities.
  • Serving as subject matter expert, interprets and applies current financial reporting standards and ensures departmental compliance.
  • Develops and recommends the budgets for the areas managed as well as manages activities to ensure financial goals are met.
  • Assists in managing monthly closing processes, including preparation of interim and year-end financial reports. 
  • While the Senior Director role is a REMOTE POSITION, it does require on-site quarterly visits.
  • Responsible for the financial development, review, and analysis of monthly contractual allowances, third party settlements and payer revenue variance analysis.
  • Work to modernize and support the organization’s current processes, while additionally preserving the historical knowledge that has already been put into practice.
  • Encourages and supports diverse views and approaches, demonstrates standards of respect, and contributes to creating and maintaining an environment of professionalism, respect, tolerance, civility and acceptance.
  • Coordinates system-wide financial and third-party audits, reviews required records and files prepared by internal accountants for all UMMHC entities in preparation for external audit, and works closely with the auditors for interim, quarterly and annual audits.
  • Ideal candidates will bring excellent problem-solving abilities as well as the ability to work independently and communicate effectively.  
  • Bachelor’s degree in Business Administration, Health Care Administration; Master’s preferred.
  • Must bring 8+ years’ recent accounting experience, including three 3 years in a supervisory capacity.  

The Organization 

  • UMass Memorial Health Care is the largest health care system in Central Massachusetts. As the clinical partner of UMass Medical School, the health system has access to the latest technology, research and clinical trials.
  • The health care system includes three hospitals with 1,125 total beds, all fully accreditation by the Joint Commission, and 14,000+ total employees with 1,700 physicians on the active medical staff and 3,000 registered nurses. 
  • UMass Memorial is the only designated Level I Trauma Center for adults and children in Central Massachusetts and the region’s only Level III Neonatal Intensive Care Unit. Additionally, UMass Memorial is recognized by US News and World Reports as one of Massachusetts' best hospitals and high performing in aortic valve surgery, colon cancer surgery, heart bypass surgery and the treatment of Chronic Obstructive Pulmonary Disease (COPD) and heart failure.
  • The Family Medicine and Community Health Department pioneers’ novel programs devoted to clinical care, medical education, research, and health policy, with a special focus on the health of populations who are most at risk. 

The Community 

  • Worcester, Massachusetts, the great city in the heart of the Commonwealth of New England, sits just an hour west of Boston.
  • While the main location is situated in Worcester, this position is REMOTE aside from the required quarterly on-site visits.
  • A five-time recipient of the All-American City Award, Worcester offers its residents the resources and exciting attractions of a metropolis, balanced with the more intimate, livable scale of a mid-sized city.
  • The city boasts access to diverse and highly acclaimed arts scenes, sports, restaurants, and entertainment, with local and regional public transportation for easy access to both the big city and small-town entertainment.
  • The City of Worcester welcomes its partnership with the Red Sox and Polar Park as the centerpiece of a revitalized Canal District. Polar Park, truly a community park, is anticipated to host 125 year-round events including family affordable baseball games, outdoor concerts, other sporting events and community meetings/events.
  • In Worcester, you can find over 20 lakes and ponds that support a variety of recreational activities, including bird watching, walking, swimming, fishing and boating. The City recognizes these "blue spaces" as valuable resources, and strives to maintain the quality of these waters for recreational use and the promotion of economic development.

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