Financial Analyst On Site

The Financial Analyst I participates in improving the operational and financial effectiveness and efficiencies of the organization via budget preparation, variance report analysis, pro formas, cost-benefit analysis, sensitivity analysis, and cost accounting. Extracts financial data from various accounting and information systems and manipulates, interprets, and presents data in a format that is useful and meaningful for decision-making purposes. Complies with Generally Accepted Accounting Principles (GAAP), state, national, Medicare, and other payer rules and regulations.

Strong experience in accounting theory and practice required.

• Prepares annual budget, working closely with Assistant Chief Financial Officer.
• Provides ongoing budget analysis and variance explanations.
• Administers, updates, troubleshoots budgeting software.
• Conducts budget software training sessions during the year and for budget season.
• Conducts quarterly variance report meetings with department managers.
• Prepares financial reviews for economic and/or business decisions (including pro formas, cost-benefit analysis, sensitivity analysis, forecasting, trending, results analysis, "what-if" scenarios, financial performance reviews, and breakeven analysis).
• Compiles and reports monthly statistics, including payor mix, accounts receivable (AR) analysis, insurance lag reports, investment analysis reports, capital additions, daily revenue reporting and other analysis type reports.
• Creates tools for tracking, trending, compiling, and/or reporting data.
• Complies with state reporting requirements (including unusual activity report, community benefits reports, and databank).
• Complies with Medicare reporting requirements (including cost report, wage, and occupational mix surveys) and oversees report audits.
• Prepares cost report and wage and occupational mix audits.
• Assists with labor management and benchmarking as needed.
• Assists with annual audit including occasional reconciliations, fixed asset roll forward, investment roll-forward as needed.
• Maintains and disseminates cost accounting system information.
• Provides technical solutions to a wide range of difficult problems. Solutions are imaginative, thorough, practicable, and consistent with organizational objectives.

• Participates and/or leads teams, groups, and committees.
• Contributes to strategic planning.
• Provides support and assistance to Accounts Payable and Payroll staff.
• Extra duties during the peak period (fourth quarter of the year) include: budget, and multiple new projects, procedures, equipment, and services needing to be reviewed for the New Year.
• Informally makes recommendations concerning long-range operational and strategic planning.
• Participates in departmental and association-wide informational meetings and in-services, including staff meetings, association-wide forums, and seminars.
• Reviews department and association-wide policies and procedures annually. Develops and maintains new policies and procedures as needed.

Duties, responsibilities and activities may change or new ones may be assigned at any time with or without notice.

• Proficiency in general office equipment (including fax, printer, copy machine, phone systems, and 10-key) and computer programs (including all Hospital Information Systems, Microsoft Office, internet, and e-mail).
• Advanced abilities in Microsoft Excel including use of complex formulas.
• Strong analysis and modeling skills.
• A complete understanding and wide application of technical principles, theories, and concepts in financial analysis and forecasting.
• Ability to manage multiple projects and changing priorities.