Sr. Financial Analyst

Job Description Essential Functions

• Maintain up-to-date knowledge of Medicare / Medicaid rules and regulations
• Working alongside staff in general accounting, assist with new reporting and modeling tools, budget preparation and reimbursement analysis for new product lines
• Coordinates the reimbursement section’s input into the annual financial audit performed by the health care facilities outside audit firm
• Liaison with OHA on Reimbursement matters
• Resource to Government Relations for review of proposed regulations impacting the hospital
• Resource relating to appeals, prior year issues, current year reports needed for the cost report and general historical information
• Under limited supervision, performs Calculation of Net Revenue Reimbursement for the Health System, including allocations. Maintains cost accounting methodologies (RVU, RCC, Variable Charge, ABC), including overhead allocations and statistical drivers
• Monitors and recommends enhancements to data extracts from source systems. Ensures integrity and validity of data are intact
• Works closely with IT on system upgrades and testing (beta development, functionality testing, and movement into production environment)
• Develops reporting solutions and analyses for management and senior leadership. Works with Finance and Administrative Leadership to build custom reporting solutions including monthly/weekly/daily reporting, in a repeatable fashion
• Special projects as assigned (e.g., Product Line Reporting, Profitability Reporting, Physician Based Reporting, business planning data requests, system enhancements). Ad-hoc reporting requests with varying time sensitivity and criticality

• Bachelor's Degree in Accounting or Finance required

• 1 year experience in accounting required, 5+ years accounting experience preferred
• Experience with supplemental revenue reimbursement experience and knowledge of UPL and HCAP and payment rates strongly preferred
• Medicare and Medicaid Cost Reporting experience required
• Health care accounting experience preferred

• Must possess strong analytical and problem-solving skills (Required)
• Knowledge of financial systems including decision support systems, cost accounting, and Oracle Financials/general ledger systems (Preferred)
• Knowledge of MS Office Excel intermediate to advanced skills (Required)
• MS Office Access knowledge (Preferred)
• Demonstrates a professional demeanor when responding to internal and external customers (Required)
• Strong interpersonal and communication skills both verbal and written (Required)
• Strong work ethic and good organizational skills (Required)
• Team player with ability to multi-task in a fast-paced environment is essential to success (Required)
• Special project oriented (Required)
• Familiar with healthcare operations and budget process extremely beneficial (Preferred)
• Self-Motivated (Required)
• Enjoys being challenged (Required)
• Willingness to learn and grow within current role (Required)
• Understanding of charge master and hospital billing is (Preferred)
• Knowledge of reimbursement and managed care contracts (Preferred)