Senior Financial Analyst

Overview

This role focuses on performing a variety of financial activities—including accounting, financial analysis, audit, tax, and collections—while ensuring compliance with regulatory standards. The position also supports Financial Planning & Analysis duties such as short- and long-term financial planning and/or financial analysis of business operations to measure and forecast future performance.

This is a senior-level individual contributor role that may direct the work of lower-level professionals and/or manage processes and programs. The majority of time is spent overseeing the design, implementation, and delivery of processes, programs, and policies using specialized knowledge and skills.

Responsibilities

• Maintain the budget and forecasting system and related database, including loading data, auditing data, and running checks to ensure accuracy before the database is used by others.
• Use the budget and forecasting system, general ledger financial reporting, and the patient billing system to produce assigned management reports at weekly, monthly, quarterly, and ad hoc intervals.
• Assist in developing financial analysis to support new business proposals and potential service line expansion and/or business planning processes.
• Assist with profitability analysis across varied organizational/operational cross sections to support operations and management decisions.
• Cull, interpret, and present information in succinct, easily understandable formats for senior leaders and others; partner with department managers to understand reports and data and to formulate action plans, including timelines and data needs for monitoring progress.
• Report key volume statistics and metrics for the system.
• Oversee, train, and mentor junior team members in budget/planning functions and special projects.
• Train budget system users on budget entry and reporting functionality.
• Lead system improvements and/or implementation of new technology.
• Respond to ad hoc financial analyses and special projects as required or directed.
• Work with department managers on financial analysis for new and existing programs, including compensation and productivity benchmarking, revenue and expense forecasting, and staffing analyses to develop proforma and ROI analyses.
• Document workflows and processes to support standardization and process improvement.
• Provide accounting support as needed, including general ledger entry posting and general ledger account reconciliations.
• Partner with the Accounting department to generate and present monthly actual-to-budget variance analysis.
• Maintain general ledger financial reports, including balance sheets, trial balances, income statements, and chart of accounts; update reports for new accounts and cost centers; verify report accuracy; create and test custom reports as requested.
• Maintain collaborative relationships with peers and colleagues to support the working group’s goals and help foster a positive work environment.
• May assist in development of the five-year financial plan updated annually and tied to the Corporate Strategic plan.
• May assist in maintaining the Decision Support System (DSS) and ensuring data integrity.

Minimum Qualifications

• Bachelor’s degree in Accounting or Finance
• Three (3) years of experience in Financial Planning and Analysis

Preferred Qualifications

• Five (5) years of experience in healthcare Financial Planning and Analysis
• Healthcare experience, including Physician Group Finance

Skills & Abilities

• Apply financial management concepts and methodologies to projects
• Work effectively and communicate with individuals across backgrounds, disciplines, and expertise levels; strong facilitation and presentation skills
• Analytical thinking with the ability to gather, understand, integrate, and synthesize complex information to develop solutions, make recommendations, or propose action plans
• Knowledge of hospital financial analyses and decision support systems, along with statistical and analytic software (e.g., Tsi, Access, Excel, AMS)
• Strong computer skills, including MS Office (Word, Excel, Power Point) and familiarity with databases (e.g., MS Access) and Meditech systems
• Strong attention to detail and organizational skills; ability to anticipate programmatic needs
• Professional confidence, credibility, and communication skills to work effectively with leadership teams
• Ability to coordinate across disciplines and departments; work independently and with stakeholders
• Professional, confidential, and tactful approach
• Excellent writing skills to draft and present program materials
• Ability to work through ambiguity, define a process to resolve open questions, and adapt when plans change
• Concise and effective verbal and written communication skills for diverse audiences

Physical Requirements

• Professional office environment with typical office equipment (computers, phones, photocopiers, filing cabinets, etc.)
• Largely sedentary; sitting most of the time, with occasional walking, standing, reaching, ascending/descending stairs, and operating office equipment
• Frequently required to speak, hear, communicate, and exchange information
• Ability to see and read computer displays and fine print, and distinguish letters, numbers, and symbols
• Occasionally lift and/or move up to 25 pounds
• Requires manual dexterity to operate a computer keyboard

Compensation & Benefits

Pay Range (based on full-time equivalent): $72,371.94 - $90,464.92

Individual offers are determined using a comprehensive approach that considers relevant experience, certifications, education, skills, and internal equity to help ensure compensation is fair, consistent, and aligned with business goals.

Beyond base pay, a comprehensive Total Rewards package is provided to support health, financial security, and career growth.