Senior Financial Analyst

The Senior Financial Analyst is a financial accounting generalist position that requires heavy experience in the multi facets of finance and accounting as it relates to health care operations and financial accounting. Provides large-scale analysis on internal control and financial accounting processes. Provides a data source and interface between the traditional back office Finance/IT areas and the departments as related to operations and back office financial accounting.

This position must be fluid and knowledgeable of processes and systems of each.

• Business Process Planning as related to Patient Financial Services and Back-Office Accounting Business process development (existing, new and expansion assessments)
• Develop financial and internal control process plans and documents as related to the Controller's Office and Patient Financial Services
• Serve as a resource for the Controller's Office and Patient Financial Services in the development of business processes including: documentation of procedures; internal control review, documentation and compliance with ARMICS; analysis of current operational processes; collaboration with revenue cycle; reimbursement; and cost accounting elements.
• Assist in communications about process development, status and implementation to assure clear understanding
• Assure complete preparation for process implementation of procedures within the Controller's Office, Cashiering and Patient Financial Services functions and associated information systems
• Decision Support and Financial Accounting Data Management
  • Working knowledge of Hyperion and People Soft in order to have the ability to analyze, create and interpret the data and related financial reports
  • Possess familiarity and ability to utilize and communicate limitation and strength of data and reports as it relates to operations and financial accounting
  • Communicate effectively with Administrators and Managers regarding financial accounting data and metrics used to evaluate financial performance
  • Complete ad hoc analytical reports
• Tailor data queries to obtain information appropriate to specific issue/concern
• Formulate analysis to reflect accurately the information available
• Utilize standard reporting formats or customize reports for specific purpose
• Examine processes for elimination, consolidation, improvement, or other changes that will enhance financial performance, internal controls, and analytics
• Budgeting Support – Controller's Office, Patient Financial Services – Operating and Capital
  • Assist Administrators in the development of operating and capital budgets as related to the Controller's Office and Patient Financial Services
  • Communicate to and assist Administrators and Managers responsible for Operating and Capital budget preparation to meet budget process schedules, goals and objectives
  • Assist Budget Office in:
    • Design of budget process and tools
    • Meeting timetable for budget development
    • Layout of data requirements, reporting format for budget preparation, and analysis
    • Assessment of budget processes for improvement
    • Research and prepare analysis as necessary. Prepare capital budget requests for submission to Capital Approval Committee and/or designated Chief Officer, including:
      • Analysis of lease versus purchase scenarios
      • New versus replacement capital investments
      • Coordination with asset management
• Operating Performance Measures/Analysis
  • Develop systematic review of internal financial accounting and performance reports to insure revenue and expense data integrity and recognition
  • Perform necessary General Ledger account reconciliations by the 10th working day of the succeeding month
  • Preparation of journal entries assuring performance reports accurately reflect statistical and expense data
  • Complete research and documentation on variance analysis used for financial reporting purposes at the Health system level, to include UPG and SOM at a global financial reporting level
  • Lead the Controller's Office and Decision Support in:
    • Continuing analysis of existing reports, their possible improvements and benefits
    • Account maintenance to assure accurate capture and reporting of cost and revenue data
    • Trend performance as requested by Administrators,…