Job Title: Lead Financial AnalystLocation: System Business OfficeDepartment Name: Revenue AnalyticsStatus: SalariedShift: DayPay Range: $83,156.00 - $117,458.00 per yearPay 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.
Job Overview:The Lead Financial Analyst serves as the primary supervisor, strategic coordinator, and technical mentor for the Revenue Analytics team. This role oversees the Financial Analyst and the Senior Financial Analyst. The Lead Analyst ensures the integrity of the health system's accounts receivable (A/R) reserves, models highly complex net revenue forecasting, and translates massive datasets into executive-level financial reports. Acting as a key bridge between the analytical staff and leadership, this position drives net revenue and reporting optimization across Managed Care, the Central Billing Office (CBO), and health system operations.
This Role Might Be for You If:- Advanced mastery of Microsoft Excel, with proven experience supervising teams using SQL databases, Tableau, or equivalent Business Intelligence (BI) tools.
- You can effectively balance strategic thinking.
- You have strong communication and relationship-management skills.
- You are highly organized and able to manage multiple priorities simultaneously.
- You enjoy using data and insights to support decision-making and improve outcomes.
- You thrive in a fast-paced environment and can adapt to changing business needs.
- You are comfortable making independent decisions while exercising sound judgment and discretion.
As a Lead Financial Analyst, a Typical Day Might Include:- Team Supervision: Manage, mentor, and review the daily work of the Revenue Analytics team, ensuring the accuracy of all deliverables from junior and senior analysts.
- Workforce Development: Establish data validation protocols and cross-train team members on advanced billing system methodologies.
- Workflow Automation: Oversee information system change control processes and spearhead data standardization to streamline the team's reporting pipeline.
- A/R Reserve Governance: Finalize and approve complex monthly A/R reserve calculations and contractual adjustments across all health system billing platforms.
- Executive Communication: Synthesize data from the analytics team to deliver high-level net revenue variance analysis for interim and annual corporate financial statements.
- Regulatory & Contractual Modeling: Lead the predictive financial modeling of large-scale
- Strategic Budgeting & Planning: Spearhead the creation of long-range corporate financial plans and the annual net revenue operating budget..
- System-Wide Consultation: Act as the senior financial resource and subject matter expert for leadership across the entire RWJBarnabas Health system.
To Be Considered for These OpportunitiesRequired Qualifications:
- Bachelor's degree in Finance, Accounting, or a highly quantitative field required
- 7+ years of progressive financial analysis experience strictly within the Healthcare Industry, featuring a proven track record of managing complex hospital revenue cycles
Preferred Qualifications:
- 1-2 years of formal supervisory, team-lead, or project-management experience is highly preferred
Benefits and PerksAt RWJBarnabas Health, our employees are at the heart of everything we do. Driven by our Total Wellbeing Promise, we offer comprehensive benefits and resources designed to support your physical, emotional, financial, personal, career, and community wellbeing, including:
- Paid Time Off, including Vacation, Holidays, and Sick Time
- Medical, Dental, and Vision Insurance
- Prescription Drug Coverage
- Retirement Plans
- Disability and Life Insurance
- Paid Parental Leave
- Tuition Reimbursement
- Student Loan Planning Support
- Flexible Spending Accounts
- Wellness Programs
- Voluntary Benefits, including Pet Insurance
- Community and Volunteer Opportunities
- Employee Discounts through partners such as Verizon, NJ Devils, and NJPAC
- And more!
