UT Health Senior Financial Analyst in Billing and Collections for Finance and General Business in Texas Medical Center-Houston, Texas
Senior Financial Analyst in Billing and Collections for Finance and General Business
Texas Medical Center-Houston, Texas
Requisition #: 210002DK
We are looking for a Senior Analyst for our finance and general business office who will concentrate on billing and collections. This employee administers bills and tracks receivables, develops metric reports, and ensures that all billing contractual requirements are met. They also prepare monthly and quarterly reports as needed as support for month end and year-end closing. This office doesnt handle traditional medical billing, but rather research grants and clinical trials after they are funded by the award process. The senior analyst will be responsible for a heavier load of reporting than the traditional analyst, and must be able to work adeptly with MicroSoft Excel and Oracle PeopleSoft. You must be detail oriented and capable of finding correlations between projects and their invoices. Applicants must have at least four years of billing and collections experience to qualify for this role.
This is a fulltime role that is classified as salaried but non-exempt. You will be eligible for all UTHealth benefits including healthcare coverage and participation in a pension plan run by the State of Texas. You will work out of an office based in our University Center Tower in the heart of the Texas Medical Center.
Position Key Accountabilities:
Establishes and maintains billing files, including initial review of billing and collection instructions to ensure compliance with contract requirements and timely processing of invoices.
Processes monthly and quarterly billing, including reconciliation of more complex automated billing invoices to revenue and unbilled AR entries. Prepares detailed supporting documentation as required.
Researches, analyzes, and resolves billing discrepancies between external customers. Acts as a liaison between external customer and UT Health departments.
Develops monthly metric reporting of all projects and provides data on collection status, and presents results as required. Recommends accounts for quarterly doubtful account reporting and write-off.
Acts as department project liaison for internal, UT System, State and/or Federal billing and receivable auditors.
Code incoming wires and checks to appropriate project invoices. Research unidentified payments.
Prepares adjustment journal entries as appropriate.
Prepare monthly department reports for review, including reconciliations to Ledger where needed. Monthly review of invoices on hold/UAR/Deferred Revenue/Other accounts as assigned.
Analyze and confirm balances for year-end State pass through reporting with other State Agencies.
Act as contact for billing module queries and provide supplemental training as needed
Performs other duties as assigned.
Intermediate/Advanced Excel skills. Exposure to Oracle Peoplesoft is preferred.
Associate’s degree in Accounting, business, or Finance; or relevant experience in lieu of education. Bachelor’s degree preferred.
Four (4) years of related experience.
Exerts up to 20 pounds of force occasionally and/or up to 10 pounds frequently and/or a negligible amount constantly to move objects.
This job class may contain positions that are security sensitive and thereby subject to the provisions of Texas Education Code § 51.215
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University of Texas Health Science Center at Houston (UTHealth)
Established in 1972 by The University of Texas System Board of Regents, The University of Texas Health Science Center at Houston (UTHealth) is Houston’s Health University and Texas’ resource for health care education, innovation, scientific discovery and excellence in patient care. The most comprehensive academic health center in the UT System and the U.S. Gulf Coast region, UTHealth is home to schools of biomedical informatics, biomedical sciences, dentistry, nursing and public health and the John P. and Kathrine G. McGovern Medical School. UTHealth includes The University of Texas Harris County Psychiatric Center, as well as the growing clinical practices UT Physicians, UT Dentists and UT Health Services. The university’s primary teaching hospitals are Memorial Hermann-Texas Medical Center, Children’s Memorial Hermann Hospital and Harris Health Lyndon B. Johnson Hospital.
UTHealth offers a comprehensive and competitive benefits package. For more information on our benefits programs please refer to the UTHealth Office of Benefits Website.
Equal Employment Opportunity Statement
UTHealth is committed to providing equal opportunity in all employment-related activities without regard to race, color, religion, sex, sexual orientation, national origin, age, disability, genetic information, gender identity or expression, veteran status or any other basis prohibited by law or university policy. Reasonable accommodation, based on disability or religious observances, will be considered in accordance with applicable law and UTHealth policy. The University maintains affirmative action programs with respect to women, minorities, individuals with disabilities, and eligible veterans in accordance with applicable law.
UTHealth does not currently have a mandatory COVID-19 vaccination policy. However, affiliated partners maintain their own immunization policies. All UTHealth employees who are assigned to work at a location that is subject to the affiliated partner’s hospital, clinical offices, or agency are required to abide by UTHealth’s rules and regulations, as well as the affiliate's rules and regulations, including COVID-19 vaccination requirements. UTHealth will endeavor to mark open positions which are subject to COVID-19 vaccination requirements marked accordingly.