FINANCIAL ANALYST/MEDICAID UPLIFT/CMED

at  Central Michigan University

The Financial Analyst for the Medicaid UpLift program for the College of Medicine (CMED) handles all fiscal aspects of the Medicaid Reimbursement program and provides leadership in the day-to-day administration of the CMED finance department. This position serves as the college’s primary contact for the Medicaid Physician Payments with the State of Michigan. The Financial Analyst is also responsible for the program’s accounting, budgeting, enrollment maintenance, agreement executions, processes, procedures, and ensuring compliance with Federal and State guidelines. This position provides leadership and guidance to ensure the proper operational, administrative, financial, and staffing polices/procedures are in place for the efficient operation of the reimbursement program. As an integral member of the CMED finance team, this position is responsible for the accuracy of financial records and reports. This position requires strong communication skills and an ability to interpret and follow university and State of Michigan policies and procedures.

REQUIRED QUALIFICATIONS

Bachelor’s degree, preferably in accounting or a related field.
Experience with computerized accounting systems and PC software applications including Microsoft Office Suite.
At least one year of professional experience with accounting, budget planning and/or auditing.
Demonstrated positive interpersonal, verbal, and written communication skills.
Demonstrated organizational skills with attention to detail.
Demonstrated ability to accomplish administrative assignments and projects independently, to work well as a part of a team, and to exercise judgement in setting priorities.
Proven self-starter with the ability to work effectively and diplomatically with faculty, staff, and students under a variety of high-pressure circumstances.
Demonstrates a commitment to diversity by working to develop a culture of inclusion and mutual respect.
Ability to communicate effectively and project a positive image.

PREFERRED QUALIFICATIONS

Experience in healthcare accounting.
Familiarity with the Medicaid Uplift Program.

Serves as the primary Liaison with the State of Michigan Medicaid Uplift Program provider groups for the Physician Payment Adjustor Program (PPAP) and the Specialty Access Network Fee Program (SNAF), ensuring all agreements are fully executed and filed with the State of Michigan and provider groups, including affiliation agreements, PPAP amendments, and State of Michigan Attestations.
Manages a $36 million dollar PPAP-SNAF annual flow of funds.
Provides guidance and consultation on Federal/State policy related to PPAP-SNAF agreements in collaboration with CMED legal counsel.
Creates and updates all policies and procedures according to Federal, State, and CMED regulations, while establishing and ensuring compliance with partnership agreements.
Directs and leads PPAP informational discussions with provider group leadership/staff, communicating program updates to each enrolled group, ensuring an understanding of financial and programmatic operations.
Responsible for submitting quality metrics that incorporate data collection and analysis from provider groups and the State to ensure continued eligibility to participate in the PPAP-SNAF programs.
Maintains complex databases for the program by gathering, converting, organizing, and analyzing annual data for each enrolled group, to ensure compliance and accuracy.
Establishes, monitors, reports, and invoices on various financial aspects of the program including faculty and staff salary/benefits, HR expenditures, miscellaneous invoice receipts, six-month average calculations, University Pediatrician (UP) Accounts Receivables, UP payment receipts, and annual academic investment.
Works with appropriate university offices to establish and set up new department accounts and maintain CMED accounting structure while establishing and monitoring compliance with internal controls, policies, and procedures.
Monitors CMED cost center groups in SAP for changes in organization structure and new cost centers.
Processes month-end and year-end liabilities and completes journal entries in SAP. This includes month end journal entries for clinic deposits and contractual adjustments.
Utilizes SAP and Excel to manage accounts, analyze financial data, and create reports and documents for matters relating to budget and planning.
Manages the accounting of personnel transactions for faculty, staff, and graduate assistants and submits cost center personnel transactions for faculty and staff as necessary.
Verifies budget approval for student, Graduate Assistant, and grant hires.
Manages payroll charges and tracks payroll distribution across all CMED to cost centers and provides reports as necessary, including for new hires and terminations, for proper cost center usage.
Makes authorized online purchases using a designated purchasing card and reviews faculty/staff travel and expense reports prior to submission for reimbursement.
Coordinates with purchasing and research faculty in the procurement of large office equipment and lab supply purchases.
Prepares, tracks, and processes payments for CMED expenses, reimbursement vouchers, and invoices.
Serves as the main contact for CMED faculty and staff for all questions and advice related to SAP and CMU business policies.
Prepares and analyzes grant and start-up financial data for assigned projects and assists as needed with grant and contract budget management.
Assists with all CMED research start-up funding, including creating Internal Orders in SAP, auditing accounts, and assisting with purchasing requested items.
Performs all other duties as assigned.