Responsibilities
Conducts moderate to complex financial analysis and modeling projects using various financial systems. Proficient at extracting, manipulating, and analyzing information from all financial tools to complete ad hoc projects and develop recurring financial reports that executive leadership utilizes to drive tactical and strategic business decisions. Performs such analyses with limited supervision. On path to becoming subject matter expert (SME) for designated service line(s). On path to becoming primary financial point of contact for operational leaders within designated service line(s).
PRIMARY DUTIES AND RESPONSIBILITIES
Functions as a key member of a dynamic, cross-functional team that serves as the liaison between various Corporate financial departments and healthcare operational leadership, working to develop and implement financial strategies.
Data Mining: Extensively utilizes SQL and other methods to extract and abstract data from various financial systems, including data warehouses and Axiom. Develops and maintains comprehensive knowledge of data warehouses and other system resources.
Advanced Data Analysis: Conducts complex data analyses to identify financial trends and patterns utilizing financial software, Excel, and data visualization tools, such as Power BI and Spotfire. Findings will inform business decisions made by key stakeholders.
Report and Dashboard Development: Creates recurring reports and dashboards to support decision-making processes. Distills complex, disparate financial data into clear and concise reports that are presented by team leadership directly to executive financial and operational leadership.
Operational Support: Serves as a point of contact for tier II or tier III service line operational leadership. Develops into subject matter expert for assigned service line(s) while building relationships with key operational leaders to support strategic initiatives.
Ad Hoc Tasking: Performs ad hoc projects that directly impact operational and financial decision-making at the request of team leadership, as needed. Develops financial models and forward projections to support strategic planning processes.
Automation Support: Assists in automating routine financial reporting processes.
Best Practice Research: Stays current on industry best practices and technologies within the healthcare industry to support assigned service line(s).
National Market Awareness: Monitors national trends, including regulatory changes, reimbursement patterns, and emerging financial opportunities.
Identifies Efficiencies: Supports efforts to identify opportunities for cost savings, revenue optimization, and process improvement. Leverages data processing automation to generate recurring reports in various software platforms, such as Axiom, to streamline report generation processes
Healthcare Knowledge Development: Develops an understanding of many healthcare financial topics. Examples include hospital reimbursement, cost accounting, capital and operating budgets, capital investment analysis, profitability statements, accounting principles, and revenue cycle management and performance development.
Practices proper safety techniques in accordance with hospital and department policies and procedures. Immediately reports any mechanical or electrical equipment malfunctions, unsafe conditions, or employee/patient/visitor injury-accident to Manager.
Qualifications
REQUIRED
B.S. degree in finance, accounting, economics, or a related field; Master’s preferred.
Minimum of Two (2) years of experience in financial analysis, preferably in healthcare.
Advanced proficiency in financial software, Excel, Microsoft Office, and data visualization tools.
In-depth knowledge of financial statements and key drivers.
Excellent critical thinking and problem-solving skills, with the ability to apply knowledge and expertise to support decision-making.
Strong analytical skills with the ability to collect, organize, and analyze significant amount of information with attention to detail and accuracy.
Strong communication and interpersonal skills, with the ability to present complex information to stakeholders in a clear and concise manner.
PREFERRED
Designation as Certified Public Accountant (CPA) or other intensive financial credential.
Experience in audit, financial consulting, or related role with a financial services firm.
Prior exposure to healthcare finance or operations.
Strong knowledge of and experience with databases using SQL or other advance system languages. Adept at creating and managing complex queries.
Prior experience utilizing decision support applications.
Work Hours:9:00-5:00
Weekend Requirements:No
On-Call Requirements:No
