RWJBarnabas Health

Financial Analyst Senior

RWJBarnabas Health$84K — $105K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Finance, Accounting, Economics, Business Administration or related field required
  • Master's degree strongly preferred
  • 3-5 years of experience as a financial, budget, or business analyst required
  • Familiarity with industry benchmarking data and CMS physician coding/billing guidelines preferred
  • Proficient in Microsoft Office, especially advanced Excel skills.

Responsibilities

  • Generate standard and custom financial reports
  • Verify data and maintain accurate system information
  • Provide budget and financial reporting for clinical divisions
  • Analyze monthly results vs. budget and advise departmental leadership
  • Assist with annual budgets and maintain staffing grids
  • Support benchmarking initiatives by assisting with statistical budgeting at the provider level
  • Prepare ROI analyses and assist with capital spending needs.

Benefits

  • Paid Time Off including Vacation, Holidays, and Sick Time
  • Retirement Plans
  • Medical and Prescription Drug Insurance
  • Dental and Vision Insurance
  • Disability and Life Insurance
  • Paid Parental Leave
  • Tuition Reimbursement
  • Flexible Spending Accounts
  • Wellness Programs
  • Community and Volunteer Opportunities
Full Job Description
Job Title: Financial Analyst Senior

Location: SBC Corporation

Department Name: Finance - Medical Group



Status: Salaried

Shift: Day

Pay Range: $84,022.00 - $105,028.00 per year

Pay Transparency:

The above reflects the anticipated annual salary range for this position if hired to work in New Jersey.

The compensation offered to the candidate selected for the position will depend on several factors, including the candidate's educational background, skills and professional experience.

Setting the Stage:

The Senior Financial Analyst will generate standard and custom financial and productivity reports.

They will verify data and maintain accurate system information.

They will be the primary budget and financial reporting resource for all clinical divisions/departments within the Academic and/or CINJ professional enterprise.

To Be Considered:

Education Required:
  • Bachelor s Degree in Finance, Accounting, Economics, Business Administration or related field required

Additional Education Preferred:
  • Master s degree strongly preferred

Experience Required:
  • At least 3-5 years of experience working as a financial, budget or business analyst required

Experience Preferred:
  • Prior knowledge of industry benchmarking data (MGMA, AMGA, etc.) and CMS physician coding/billing/wRVU guidelines

A Typical Day:
  • Analyze monthly results vs budget and provide feedback to clinical division/department leadership on opportunities
  • Work with Corporate Accounting to prepare adjusting journal entries as necessary for either actual or budget timeseries within the health system financial reporting systems (Strata and Peoplesoft)
  • Prepare annual budgets for the health system academic clinical enterprise
  • This includes maintaining staffing grids, position control, other expenses
  • Assist department leadership with statistical budgeting at provider level to support benchmarking initiatives
  • Assist with maintaining cFTE data points for all clinical providers within the Academic and/or RCI practices
  • Verify accuracy of data on a regular basis in conjunction with physician compensation and clinical leadership
  • Preparation of proforma analysis in conjunction with clinical leadership related to capital spending needs
  • Calculate ROI and assist with SBAR items as necessary
  • Prepare standard financial impact analysis in conjunction with division/department leadership for clinical enterprise FTE requests related to replacements, upgrades, downgrades and net new requests
  • Support PRRC and Workforce processes for assigned divisions
  • Discreet handling of confidential information
  • May perform other duties as assigned or directed by management

This Role Might Be For You If You Have:
  • Demonstrated proven ability to take on increasing responsibility in a fast-paced environment
  • Progressive experience working as part of a team and as an individual
  • Proficient in Microsoft Office with advanced skills in excel (Pivot tables, conditional statements and v-lookups required)
  • Excellent written and oral communication skills
  • Demonstrated ability to understand internal and external financial reports to develop meaningful analysis for leadership
  • Ability to communicate and work effectively with a diverse group of business professionals at all levels of the organization including management, physicians, operations, and business development
  • Ability to prioritize and meet multiple deadlines effectively
  • Must have strong attention to details
  • Maintaining strict confidentiality of files and reports

Benefits and Perks:

Paid Time Off including Vacation, Holidays, and Sick Time
Retirement Plans
Medical and Prescription Drug Insurance
Dental and Vision Insurance
Disability and Life Insurance
Paid Parental Leave
Tuition Reimbursement
Student Loan Planning Support
Flexible Spending Accounts
Wellness Programs
Voluntary Benefits (e.g., Pet Insurance)
Community and Volunteer Opportunities
Discounts Through our Partners such as NJ Devils, NJ PAC, and Verizon
....and more!

About RWJBarnabas Health

RWJBarnabas Health is the largest integrated healthcare delivery system in New Jersey, with hospitals, ambulatory care centers, and clinics throughout the state. The system includes eleven acute care hospitals, three children's hospitals, a pediatric rehabilitation hospital, a behavioral health center, and numerous other clinical facilities. RWJBarnabas Health is committed to providing high-quality, compassionate care to patients and their families, and to advancing medical research and education.
Learn more about RWJBarnabas Health
Size
35,000 employees
Industry

Similar Jobs

More Jobs at RWJBarnabas Health

  • RWJBarnabas Health
    HR Specialist, Employee Experience
    $68K — $97K *
    Oceanport, NJ 07757 (Monmouth County)
    Healthcare
    Hybrid
  • RWJBarnabas Health
    Application Analyst I
    $83K — $117K *
    West Orange, NJ 07052 (Essex County)
    Healthcare
    In-Person
  • RWJBarnabas Health
    Application Analyst I
    $83K — $117K *
    Orange, NJ 07050 (Essex County)
    Healthcare
    In-Person
  • RWJBarnabas Health
    Director
    $153K — $233K *
    Orange, NJ 07050 (Essex County)
    Business Services
    In-Person
  • RWJBarnabas Health
    Director
    $153K — $233K *
    West Orange, NJ 07052 (Essex County)
    Business Services
    In-Person

More Finance & Insurance Jobs

Find similar Financial Analyst Senior jobs: