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Accountant Medical Device Jobs in Kansas (NOW HIRING)

... medical device companies, and suppliers, as well as vision centers, dental practices, and ... BA/BS degree and/or MBA/MS in Accounting, Finance, or other related healthcare fields such as MHA ...

Accountant Medical Device information

What does an accountant in the medical device industry do?

An Accountant in the medical device industry is responsible for managing the financial records and ensuring compliance with relevant regulations unique to healthcare products. Their tasks can include handling cost accounting, preparing financial statements, managing budgets, and overseeing audits specific to medical device manufacturing and sales. They also work closely with regulatory and operations teams to ensure accurate reporting related to inventory, production costs, and revenue from medical devices. This role requires knowledge of both accounting principles and the specialized regulations governing medical devices.

What are the key skills and qualifications needed to thrive as an accountant in the medical device industry?

To thrive as an Accountant in the medical device industry, you need a solid background in accounting principles, financial reporting, and regulatory compliance, typically supported by a degree in accounting or finance and relevant certifications like CPA. Familiarity with ERP systems (such as SAP or Oracle), advanced Excel skills, and experience with industry-specific regulations like SOX and FDA requirements are commonly required. Strong analytical thinking, attention to detail, and effective communication are crucial soft skills in this role. These competencies ensure accurate financial management, compliance with industry regulations, and effective collaboration with cross-functional teams.

What are some unique challenges accountants face when working in the medical device industry?

Accountants in the medical device sector often navigate complex regulatory requirements and manage intricate revenue recognition processes due to varying contracts and compliance standards like FDA regulations. They must stay updated on changes in healthcare laws and ensure accurate financial reporting related to inventory, product recalls, and research and development expenses. Collaboration with regulatory affairs, sales, and supply chain teams is common, requiring clear communication and attention to detail. These challenges make adaptability and a strong understanding of industry-specific accounting standards crucial for success.

What is the difference between Accountant Medical Device vs Medical Device Quality Assurance Specialist?

AspectAccountant Medical DeviceMedical Device Quality Assurance Specialist
Required CredentialsAccounting degree, CPA often preferredQuality assurance certifications, ISO 13485 training
Work EnvironmentFinance departments, corporate officesManufacturing facilities, quality labs
Employer & Industry UsageMedical device companies, finance teamsMedical device manufacturing, regulatory compliance
Common Search & ComparisonFinancial roles in medical device industryQuality assurance roles in medical device sector

The main difference is that an Accountant Medical Device focuses on financial management, reporting, and compliance within medical device companies, while a Medical Device Quality Assurance Specialist ensures product safety, regulatory compliance, and quality standards. Both roles are essential in the medical device industry but serve distinct functions related to finance versus quality assurance.

What are popular job titles related to Accountant Medical Device jobs in Kansas?

For Accountant Medical Device jobs in Kansas, the most frequently searched job titles are:

What job categories do people searching Accountant Medical Device jobs in Kansas look for?

The top searched job categories for Accountant Medical Device jobs in Kansas are:

What cities in Kansas are hiring for Accountant Medical Device jobs?

Cities in Kansas with the most Accountant Medical Device job openings:

Consultant, Revenue Cycle

Alvarez & Marsal

Leawood, KS • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 9 hours ago


Alvarez & Marsal rating

7.2

Company rating: 7.2 out of 10

Based on 7 frontline employees who took The Breakroom Quiz

51st of 72 rated business consultants


Job description

Description
About Alvarez & Marsal
Alvarez & Marsal (A&M) is a global consulting firm with entrepreneurial, action and results-oriented professionals. We take a hands-on approach to solving our clients' problems and assisting them in reaching their potential. Our culture celebrates independent thinkers and doers who positively impact our clients and shape our industry. The collaborative environment and engaging work-guided by A&M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity-are why our people love working at A&M.
The Team
The Healthcare Industry Group, a subsidiary of A&M, leads transformational change in healthcare. As established leaders and trusted advisors, we deliver results for healthcare executives, boards, private equity firms, investors, law firms, and government agencies. Our team brings diverse perspectives and experiences to assist clients with enhancing financial and operational performance, accelerating strategic growth, and optimizing value throughout the investment lifecycle.
We provide specialized services in interim management, restructuring, revenue cycle management, M&A, compliance, digital technology, and analytics. Our professionals collaborate with a wide range of organizations, including health systems, physician groups, medical schools, behavioral health institutes, managed care organizations, healthcare investors, medical device companies, and suppliers, as well as vision centers, dental practices, and laboratories.
How you will contribute
As a Consultant, you will be working closely with healthcare clients on a range of complex assignments. You will work in a team environment while using your independent judgment and critical thinking skills to provide practical solutions and add value for our clients.
Revenue cycle projects may include, but are not limited to due diligences, performance assessments, enterprise performance improvement, full-scale implementations, and interim management for a broad range of healthcare providers and supporting services companies. Depending on the client project the responsibilities of a consultant may typically include:
  • Building and maintaining financial and operational models to assess client performance and inform recommendations
  • Benchmarking and root cause analyses, including data sampling to identify performance gaps and improvement opportunities
  • Mapping out processes and performing gap analyses while managing both client and internal projects.
  • Conducting client interviews and observations to define current state and identifying actionable items for improvement.
  • Analyzing and sampling data for root cause analysis.
  • Preparing and communicating client-ready deliverables. Assisting with the development of presentations, pitch and proposal content.
  • Managing assigned workstreams or projects, coordinating inputs and driving work to completion
  • Creating flowcharts or process maps to visually represent how tasks are currently being performed from patient registration to final payment resolution.
Our consultants possess a high aptitude for financial and operational analysis and will leverage their excellent written and verbal communication skills to work with senior leaders and clients. We are seeking someone to join our team with an entrepreneurial and collaborative mindset who works well with ambiguity and thrives in a fast-paced environment. As a Consultant you will have the opportunity to demonstrate your leadership, integrity and objectivity when interacting with clients at all corporate levels.
We are not your typical consulting firm. We are entrepreneurial, action oriented and results driven professionals who take a hands-on approach to solving our clients' problems and helping them drive value and growth. We are nimble, resourceful, proactive, can pivot to adapt quickly, when needed, and develop plans that drive real results. You will be part of a team that is passionate about delivering transformational change and making an impact in the healthcare industry.
Qualifications
  • A minimum of three (3) years of prior work experience in healthcare, consulting or healthcare industry such as revenue cycle, hospital, accounting, audit, private equity, or healthcare operations with a healthcare focus.
  • BA/BS degree and/or MBA/MS in Accounting, Finance, or other related healthcare fields such as MHA or MPH.
  • Prior experience with revenue cycle in a hospital or larger health system a plus.
  • Experience with healthcare revenue cycle issues and solutions for improvement related to increasing collections, reducing DSOs, increasing efficiencies and detailed knowledge of government and third-party payors.
  • Experience working with Revenue Cycle systems, operations, regulations, and an understanding of RCM KPIs and industry best practices.
  • Demonstrates knowledge in at least one RCM functional area (e.g., Financial Clearance, Payment Integrity, Coding, Billing, Collections, etc.).
  • Experience with workflow redesign and system implementation is a plus.
  • Ability to conduct operational data analysis and synthesize information to assist in the development of reports, KPI metrics and capturing actionable insights
  • Advanced Microsoft Excel, PowerPoint, and Word skills are required; experience with Tableau, SQL, SPSS, Power BI, Action O-I benchmarking, MGMA survey data are preferred.
  • Excellent verbal and written skills, with the ability to communicate with and present information to all levels of client personnel
  • Solid project management and organizational skills with prior experience independently managing at least one RCM functional workstream, a plus
  • Ability to coach and mentor junior staff.
  • Ability to use sound judgement and escalate project issues to project managers or engagement leaders
  • Willingness and ability to travel as required.
Your journey at A&M
We recognize that our people are the driving force behind our success, which is why we prioritize an employee experience that fosters each person's unique professional and personal development. Our robust performance development process promotes continuous learning, rewards your contributions, and fosters a culture of meritocracy. With top-notch training and on-the-job learning opportunities, you can acquire new skills and advance your career.
We prioritize your well-being, providing benefits and resources to support you on your personal journey. Our people consistently highlight the growth opportunities, our unique, entrepreneurial culture, and the fun we have together as their favorite aspects of working at A&M. The possibilities are endless for high-performing and passionate professionals.
Regular employees working 30 or more hours per week are also entitled to participate in Alvarez & Marsal Holdings' fringe benefits consisting of healthcare plans, flexible spending and savings accounts, life, AD&D, and disability coverages at rates determined from time to time as well as a 401(k)-retirement plan. Provided the eligibility requirements are met, employees will also receive a discretionary contribution to their 401(k) from Alvarez & Marsal. Additionally, employees are eligible for paid time off including vacation, personal days, seventy-two (72) hours of sick time (prorated for part time employees), ten federal holidays, one floating holiday, and parental leave. The amount of vacation and personal days available varies based on tenure and role type. Click here for more information regarding A&M's benefits programs.
The salary range is $100,000 - $120,000 annually, dependent on several variables including but not limited to education, experience, skills, and geography. In addition, A&M offers a discretionary bonus program which is based on a number of factors, including individual and firm performance. Please ask your recruiter for details.

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