OverviewResponsibilities
The Senior Financial Analyst manages the budget and instated cost reports as well as:
- Schedules, organizes and implements the annual hospital budget process, guidelines and worksheets for departments.
- Provides technical assistance to departments for budget preparations, and when appropriate, assists in the financial evaluation/assessment of new programs/services.
- Analyzes hospital revenue in relation to Volume Indicators and Payor Mix.
- Assist in the preparation, completion and filing of third party cost reports, regulatory agency reports and internal reports.
- Assist in ensure maximum third party reimbursement through strategic financial planning, familiarity with payor allowances/disallowances of costs and aggressive pursuit of cost reimbursement through settlement mechanisms.
- Prepares for and responds to year-end audits by third party auditors.
- Assist in audits by third party payors.
- Assist in preparing various surveys for outside agencies.
- Assist in preparing and monitoring state and local grants.
Qualifications
- Bachelor’s degree in Accounting or Business Administration.
- Minimum of 2 years hospital reimbursement experience.
- Ability to work independently
- Microsoft Excel knowledge required
