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The Physician Compensation Analyst is responsible for taking input from the financial analysts and assuring that physicians are accurately paid in each payroll under the direction of the Director of Physician Compensation. This includes support for both the technology and processes. This Physician Compensation Analyst collaborates with the others in the production of clinician compensation reports to assure clinicians get paid accurately and on time, in accordance with the terms of the clinicians’ employment agreements. The Physician Compensation Analyst is also responsible for supporting the business goals and objectives of the Department and the CHRISTUS Health system. The Physician Compensation Analyst is a team player in leading Physician Compensation practices and objectives that will provide a high-performance culture that emphasizes empowerment, quality, productivity, standards, goal attainment, and the recruitment and retention of a superior workforce.
Job Responsibility:
Partnership with Payroll Processing: Enter all info from change forms into the compensation and productivity management system
Add new hires
Enter timeclock imports to draw a spreadsheet
Reconcile timekeeping errors
Add salary adjustments being paid by wRVU production
Review and request payment of Outside Income as indicated
Update and maintain an accurate draw spreadsheet
Create a folder of hourly items for individual payrolls
Record admin time on the medical director file
Create Rapid Pay Form, as necessary, and send it to payroll
Reconcile the pay process and advise when payroll is completed
Partner with payroll to identify, correct and reconcile pay errors or discrepancies
Prepare Monthly Payroll: Beginning of the month – create a new draw spreadsheet and update formulas in the import to balance section
Timely create the allowance file, generally by the 19th of the month, adjust salaries for providers on LOA and follow organizational processes to submit payment requests to payroll
Prepare Biweekly payroll: Creates requests for additional pay
Follow organizational processes to submit payment requests to payroll
Organize and maintain documentation related to payroll requests folder
Where indicated, approve, print, and maintain hourly items and add to individual payrolls
Record time worked and paid to ACT file
End-of-month procedures: Send breakdown of Critical Care providers to Accounting (providers that have split roles)
Update Texarkana billing file and send with supporting documentation to Accounting per items paid out during the individual month
Balance the medical director file withdraw spreadsheet
Send research
Update ACT true up
Send Accounting breakdown of all ER comp by location
Update payroll checklist
End of Quarter review and reconciliation: Create a change form to document payments
Add to draw spreadsheet
Add to the Medical Director file
Additional duties: Create change forms for the current month to document all compensation changes before the payroll cutoffs
Update and maintain the Outside Income file for CTC
Update and maintain the Texarkana billing file
Update and maintain Medical Director file and qtrly true-up file
Update and maintain the APC Supervision file
Update and maintain Education Loan Forgiveness Program
Handle any off-cycle payroll request
Requirements:
Attention to detail
Effective verbal and written communication skills
Effective analytical, problem-solving, and decision-making skills
Ability to prioritize and handle multiple tasks and projects concurrently
Ability to use calculators, computers, or other analytical tools to support activities
Ability to identify strategic issues/needs within compensation initiatives
3+ years of physician compensation or payroll management experience