Job Description:

Position Title: Revenue Accountant
Employment Type: Maximum Term Full-Time (Until September 2025)
Hours per week: 38
Position Grade: Health Services Manager Grade 2
Salary: $106,142.00 - $125,241.00 base salary per annum
Enterprise Agreement: The Named NSW (Non-Declared) Affiliated Health Organisations’ Health Employees Agreement 2019
Department Name: Finance

About us:
St Vincent’s Hospital Sydney is a leading not-for-profit organisation providing health services to our community. Guided by our values of compassion, excellence, integrity and justice, we promote a culture of diversity and inclusion and empower our people to learn, grow and innovate.

Benefits of working at St Vincent’s include:
• Generous salary packaging and Fitness Passport for eligible staff
• Opportunity to access a wide of range of clinical and non-clinical education programs
• Supported post graduate opportunities within applicable fields
• Career development opportunities across the St Vincent’s Health Australia Network
• Employee Assistance Program
• Work/Life balance

About the role:
We have an exciting opportunity to work in a dynamic team leading our approach to the provision of quality care to clients of the Finance Department.

The Revenue Accountant will help ensure the financial management and reporting requirements through the management of revenue accounting and related operations for the SVHN. The position works closely with the patient revenue team to ensure patient revenue is compliant with regulations and policies as well as accounting and reporting standards. In addition to revenue responsibilities, this role assists the Financial and Management Accounting Teams and has cross-functional opportunities with other departments on various business initiatives that have a financial statement impact.

• Help ensure the financial management and reporting requirements through the management of revenue accounting and related operations for the SVHN.
• Work closely with the patient revenue team to ensure patient revenue is compliant with regulations and policies as well as accounting and reporting standards.
• Assist the Financial and Management Accounting Teams and has cross-functional opportunities with other departments on various business initiatives that have a financial statement impact.

Diversity and Inclusion at St Vincent's:
St Vincent's is committed to employing a workforce that reflects the community we care for. We strongly encourage applications from people that are Aboriginal and Torres Strait Islander, culturally diverse, sexuality or gender diverse and/or living with disability.

Employment with St Vincent's is subject to you having current immunity status that complies with the Occupational Assessment, Screening & Vaccination against Specified Infectious Diseases - NSW Health Policy Directive (PD2024_015) or subsequent revisions in force. Appointment and ongoing employment will be subject to continued compliance with this policy directive.

About you:
We are seeking a skilled and energetic Position Title who possess a passion for person centred care.

• Work with the Network Finance team to meet the organisational goals and objectives and ensure the ongoing provision of timely revenue information to all stakeholders.
• Analyse and report on performance against revenue targets and identify actual and potential risk, issues and opportunities.
• Assist in the management of the Network revenue budget to ensure the appropriate distribution of fun and effective reconciliation of all aspects of cash accounting for rights of private practice billing for senior medical officers and visiting medical officers under licences agreement in conjunction with the senior management.
• Develop and maintain expert system knowledge of patient fee and sundry billing systems so the incumbent can interrogate each system at a forensic level for detailed financial information. This knowledge is used to prepare monthly journals, reconcile, report and develop financial integration across multiple platforms at the general ledger.
• Prepare quality, timely and accurate revenue management information and advice to finance units/services of the Network to ensure compliance with statutory requirements and meet the organisation’s financial objectives.
• Assist with both internal and external audits.
• Identify and develop process/system improvements that increase the revenue team’s efficiency and effectiveness.
• Provide revenue assumptions to inform budget preparation and reporting expectations.
• Key contact point for revenue matters in ad hoc projects/revenue analyses/business cases.
• Identify the need for developing, implementing, modifying and improving billing/revenue systems, and assist in the development, implementation and improvement of billing/revenue systems within the revenue/accounts receivable units as appropriate.
• Maintain daily operational ownership of general fund and special purpose bank accounts including detailed reconciliation of the special purpose bank. Supervision of Finance Officer in carrying out Bank Reconciliation tasks in Oracle Cash Management, including:
  • Bank statement matching for the main public hospital entity and special purpose and trust account entity via Oracle cash management.
  • Organising bank reconciliation meeting between revenue, credit control and financial accounting team.
• Liaise with hospital’s bank in regard to unidentified items on the bank statements.
• Refund reconciliation for Private Practice Clearing account and general fund patient fees
• Run weekly receipting report for all Private Practice sub-ledgers
• Analyse the medical billing systems, so adjustments such as cancelled receipts, refunds, and reverse payments can be more accurately recorded.

Application Instructions:
To have your application considered you are required to upload a current CV/Resume as well as a separate cover letter/document addressing the ‘Selection Criteria’ as below. Internal applicants i.e. current employees of St Vincent’s Hospital or an entity of SVHA are required to apply via their Workday account.

Selection Criteria:
1. Personal integrity and demonstrated commitment to the Philosophy, Mission and Values of Mary Aikenhead Ministries and St Vincent’s Health Australia.
2. A tertiary qualification in Accounting, Business or Commerce and/or meet the requirements to be a member of a recognized Australian professional accounting body.
3. Experience and skills using a recognised Financial Management Information System in a large organisation, such as the Oracle Fianacial Managements.
4. Demonstrated experience with process or system redesign related to accounting and ability to embrace change and drive quality improvement.
5. Ability to interpret the NSW Ministry of Health requirements with respect to accounting, revenue and billing policies
6. Extensive knowledge of the Australian Accounting Standards and a demonstrated record of the utilisation of these standards in the operational accounting environment.
7. A high level of effectiveness in a team-based environment and an ability to work autonomously. Demonstrated team leadership skills particularly in a changing environment including strong communication, negotiation and people management skills.
8. Well-developed written communication skills and ability to critically analyse information and prepare concise reports for management.

Applications close on 05 September 2024

Shortlisting for this position will commence immediately. We encourage you to apply promptly as the advertisement may close early should a suitable applicant be sourced.

Position Description and Critical Job Demands Checklist:

Contact Details:

Raiyan Mansuri, [email protected]

Alternate Contact:

Closing Date:

5 September 2024 11:59pm

Reconciliation Action Plan:

At St Vincent's we acknowledge the importance of creating a work environment that is welcoming, safe, equitable and inclusive for Aboriginal and/or Torres Strait Islander Employees. As part of our Commitment to Reconciliation and Closing the Gap in employment related outcomes, we encourage applications from Aboriginal and Torres Strait Islander Peoples.

For further information, visit https://www.svha.org.au/about-us/reconciliation or get in contact at [email protected]

View Reconciliation Action Plan

Code of Conduct:

View Code of Conduct