Associate Director, Cash Accounting and Analytics
Job ID:
R142236
Shift:
1st
Full/Part Time:
Full_time
Pay Range:
$62.15 – $93.25
Location:
Oak Brook Support Center – 2025 Windsor Dr
Oak Brook, IL 60523
Benefits Eligible:
Yes
Hours Per Week:
40
Our Commitment to You:
Advocate Health offers a comprehensive suite of Total Rewards: benefits and well-being programs, competitive compensation, generous retirement offerings, programs that invest in your career development and so much more – so you can live fully at and away from work, including:
Compensation
- Base compensation within the position’s pay range based on factors such as qualifications, skills, relevant experience, and/or training
- Premium pay such as shift, on call, and more based on a teammate’s job
- Incentive pay for select positions
- Opportunity for annual increases based on performance
Benefits and more
- Paid Time Off programs
- Health and welfare benefits such as medical, dental, vision, life, and Short- and Long-Term Disability
- Flexible Spending Accounts for eligible health care and dependent care expenses
- Family benefits such as adoption assistance and paid parental leave
- Defined contribution retirement plans with employer match and other financial wellness programs
- Educational Assistance Program
Schedule Details/Additional Information:
M-F, 40 hours a week, remote worker
Major Responsibilities:
Provide innovative leadership to develop and implement strategic plans and initiatives for process improvements to achieve optimal efficiency, cost reduction, and value for the cash accounting and analytics functions.
Build and lead a high-performing team of managers and professional staff, providing guidance, mentoring, and fostering a culture of innovation and continuous improvement.
Oversee the implementation and optimization of software solutions, develop and maintain data analytical tools, and drive organizational change through technology adoption.
Ensure the completeness, accuracy, and timeliness of financial data within the area of responsibility.
Serve as the primary liaison to the Revenue Cycle team, coordinate the timeliness of resolution and root cause analysis of unreconciled and/or unapplied cash, and foster positive working relationships with leaders in Revenue Cycle.
Manage metrics, KPIs, and trend analysis of performance for operations leaders, and continuously monitor end-user acceptance, satisfaction, and optimization opportunities.
Maintain strong internal controls within the cash collections environment and ensure administrative policies and procedures related to those functions are periodically updated.
Licensure, Registration, and/or Certification Required:
None require
Education Required:
Bachelor’s degree in accounting, Finance.
Experience Required:
Minimum of 5 years of progressive management experience in a large health system setting. 7 years minimum required experience working in high volume healthcare setting, ideally with a focus/experience in finance, accounting, or treasury. Non-healthcare industry experience will be considered in lieu of direct healthcare experience. Experience in a leadership or managerial role required.
Knowledge, Skills & Abilities Required:
Must possess in-depth knowledge of generally accepted accounting principles, proficiency in accounting systems, and strong operational knowledge of the revenue cycle and cash accounting process.
Strong communication skills, presentation skills and executive presence required.
Must have strong project management skills and be able to perform as a project leader to deliver results under deadlines as well as working effectively cross-functionally in a rapidly changing environment.
Must be capable of exercising strategic decisions in areas of high complexity.
Proven experience in leading and managing teams.
Strong analytical and problem-solving skills.
Proficiency in financial software and data analytics tools.
Physical Requirements and Working Conditions:
This position will require minimal travel.
Operates all equipment necessary to perform the job.
Exposed to a normal office environment.
Effectively manage a team in a remote environment.
DISCLAIMER
All responsibilities and requirements are subject to possible modification to reasonably accommodate individuals with disabilities.
This job description in no way states or implies that these are the only responsibilities to be performed by an employee occupying this job or position. Employees must follow any other job-related instructions and perform any other job-related duties requested by their leaders.
Advocate Health Care is the largest health system in Illinois and a national leader in clinical innovation, health outcomes, consumer experience and value-based care. One of the state’s largest private employers, the system serves patients across 11 hospital locations, including two children’s campuses, and more than 250 sites of care. Advocate Health Care, in addition to Aurora Health Care in Wisconsin and Atrium Health in the Carolinas, Georgia and Alabama, is now a part of Advocate Health, the third-largest nonprofit, integrated health system in the United States. Committed to providing equitable care for all, Advocate Health provides nearly $5 billion in annual community benefits.
