Financial Analyst

Top 3 Must-Have Skillsets:

• 3 Years Experience in Medical Group Setting under Financial Services
• Bachelor's degree in Accounting or Finance
• 3 Years of progressive management experience

Job Description:

• Administers general accounting, financial, and statistical reporting functions of the Medical Group in accordance with established policies and accounting procedures.
• Administers the physician compensation program in accordance with contract parameters.
• Develops the annual budget for the Medical Group in accordance with short and long-range plans of the Medical Group and Health System.
• Continuously reviews internal controls in the Medical Group and implements enhancements where indicated.
• Trains subordinates in the above areas and monitors performance to ensure fiscal responsibilities are fulfilled.
• Assists the VP of Physician Services and Hospital CFO in developing long and short-range operations plans that may include service demand analyses, resources availability analyses, and cost-benefit analyses.
• Prepares cash flow analyses and budget variance analyses.
• Assists with month-end closing as needed.
• Monitors, interprets, and analyzes Medical Group financial performance in realizing established plans and objectives of the hospital.
• Identifies and reports undesirable trends and potential business opportunities and makes recommendations for action.
• Directs the preparation of internal financial reports including work papers for the annual financial audit.
• Assures the timely and accurate preparation of financial reports and assures that the reports reliably reflect the financial position of the hospital.
• Assumes a lead role in analyzing and exploring means of reducing Medical Group operating costs and increasing revenues based on knowledge of market trends, financial reports, and operating procedures.
• Responsible for the direction and submission on a timely basis of all financial data and associated reports required by government and other regulated agencies, public disclosure reports, and third-party payor cost reports.
• Analyzes, assesses, and implements cost accounting rules utilizing appropriate methodologies to accurately capture and maintain procedural costs for Medical Group operations.
• Educates internal and external customers on the methodologies behind cost accounting data and appropriate usage.
• Directs financial reporting and analysis utilizing decision support data.
• Responsible for monthly operating report summary working with VP Physician Services and practice operations team.

Job Type: Full-time

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Paid time off
• Vision insurance

Experience:

• Finance: 3 years (Required)

Work Location: In person