Manager Reimbursement

At Virtua Health, we exist for one reason – to better serve you. That means being here for you in all the moments that matter, striving each day to connect you to the care you need. Whether that's wellness and prevention, experienced specialists, life-changing care, or something in-between – we are your partner in health devoted to building a healthier community. If you live or work in South Jersey, exceptional care is all around. Our medical and surgical experts are among the best in the country. We assembled more than 14,000 colleagues, including over 2,850 skilled and compassionate doctors, physician assistants, and nurse practitioners equipped with the latest technologies, treatments, and techniques to provide exceptional care close to home. A Magnet-recognized health system ranked by U.S. News and World Report, we've received multiple awards for quality, safety, and outstanding work environment. In addition to five hospitals, seven emergency departments, seven urgent care centers, and more than 280 other locations , we're committed to the well-being of the community. That means bringing life-changing resources and health services directly into our communities through our Eat Well food access program , telehealth, home health, rehabilitation, mobile screenings, paramedic programs, and convenient online scheduling. We're also affiliated with Penn Medicine for cancer and neurosciences, and the Children's Hospital of Philadelphia for pediatrics. Location: Lippincott - 406 Lippincott Drive Remote Type: Hybrid Employment Type: Employee Employment Classification: Regular Time Type: Full time Work Shift: 1st Shift (United States of America) Total Weekly Hours: 40 Additional Locations: Job Information: Summary: Manages and coordinates the daily work and operations of the reimbursement (finance) staff. Oversees monthly, quarterly and annual reports, surveys and Governmental audits (financial statements, stakeholder statements, budget, statistics, revenue, expense and reviews variance analysis.) Evaluates, recommends and implements systems, policies & procedures. Establishes and maintains effective communications with operational managers to review reimbursement reports, surveys and audits (budget variances) and promote resource stewardship. Position Responsibilities: • Reviews the preparation of the monthly, quarterly and annual surveys, audits, and cost reports (financial, budget and statistical statements, account analysis of balance sheet, expense and revenue accounts). Checks for thoroughness, staff follow-through, and empowers the staff to make recommendations for improvements. • Provides leadership and day to day direction for the reimbursement (finance) department. • Effectively utilizes staff to perform at optimal levels. • Organizes and directs accounting personnel in collecting, summarizing, and interpreting financial data for use by management. • Manages the process for the completion of all financial reporting to Regulatory Agencies, including Federal and State surveys .( I.E. IRS 990 tax exempt return, NJ Charitable Registration,) Medicare, Medicaid and state Cost reports (and Bond Compliance). • Manages the year-end (financial audit and) quarterly and annual surveys and cost reports, including the preparation of work papers, and interaction with internal and external auditors. •( Manages and coordinates the annual budget process, educates and assists operational leadership with departmental workbooks and summarizes budget detail for senior management.) • Implements new systems related to financial controls and assists in matters as they relate to reimbursement (financial) operations. • Serves as System Administrator in various reimbursement (financial) systems) for IE: Cost report system and other CMS systems Position Qualifications Required / Experience Required: Five to seven years of Reimbursement (accounting or finance) experience with one to three years supervisory experience preferred. Must possess knowledge and understanding of the Medicare Cost Report and NJ Acute Care Reporting (accounting practice and theory, specifically Generally Accepted Accounting Principles.) Ability to work independently to achieve goals and prioritize work assignments. Excellent organizational, analytical, problem-solving, and communication skills. Must have a working knowledge of Windows, Word, and Excel. Oracle and EPIC experience a plus Thorough knowledge of general ledger software packages. Required Education: Bachelor’s of Business Administration in Accounting or Finance. (Certification as public or managerial accountant) or Master’s Degree in Business Administration in related field is preferred. Annual Salary: $98,700 - $158,398 The actual salary/rate will vary based on applicant’s experience as well as internal equity and alignment with market data. This position is eligible to participate in one of Virtua’s annual incentive compensation plan (AICP). The amount is subject to the terms and conditions of the plan document. Virtua offers a comprehensive package of benefits for full-time and part-time colleagues, including, but not limited to: medical/prescription, dental and vision insurance; health and dependent care flexible spending accounts; 403(b) (401(k) subject to collective bargaining agreement); paid time off, paid sick leave as provided under state and local paid sick leave laws, short-term disability and optional long-term disability, colleague and dependent life insurance and supplemental life and AD&D insurance; tuition assistance, and an employee assistance program that includes free counseling sessions. Eligibility for benefits is governed by the applicable plan documents and policies. For more benefits information click here .