Senior Financial Analyst

Financial Analyst Sr

At Multi Care, we strive to offer a true sense of belonging for all our employees. Across our health care network, you will find a dynamic range of meaningful careers, opportunities for growth, safe workplaces, and flexible schedules. We are connected by our mission - partnering and healing for a healthy future - and dedicated to the health and well-being of the communities we serve.

The Senior Financial Analyst is responsible for advanced and objective analytical support and independently organizing, and presenting data to support the organization's Finance, Operations and Strategic Planning functions, serving as support to the Manager/Director. Included in these projects are ongoing and special financial analysis and support to Finance, Administrators, Directors and Managers throughout the health system, as well as other special projects as assigned.

Work situations require complex data analysis, strong computer skills, initiative, independent judgment in decision-making, a professional work ethic and effective interpersonal skills.

The Senior Analyst Finance is responsible for providing strategic analytical support to multiple business units within Multi Care's Inland Northwest (INW) Region. The position primarily supports senior leadership aiding in decision making, planning, expense reduction and revenue enhancement. Responsibilities are focused on providing leadership and expertise to the finance team; data acquisition, data sourcing, performing data analysis and providing business intelligence, and modeling changes to support the growth of Multi Care's INW Region.

This position is responsible for a wide range of analytics and reporting associated with the organization's financial, operational, and clinical performance. The incumbent leverages detailed general ledger, patient account, or procedure level detail to report, explain, or analyze operational performance on a daily, monthly, quarterly or annual basis dependent upon the system/region's need. The senior financial analyst coordinates, performs, the budgeting, forecasting, financial reporting and other financial activities related to the INW region, the organization, the business unit and more.

Analyzes cost center and financial data and develops complex reports for forecasting and results analysis. The senior financial analyst assists in financial studies and analysis regarding projected and unexpected changes in revenues and expenditures, and ensure compliance with appropriate regulations. Assists with the growth and development of junior analysts on the team through mentoring and coaching.

Duties may include, but are not limited to, the following:

• Ensure successful prioritization and completion of projects
• Big data mining
• Data sourcing including SQL data sourcing
• Data validation
• Prepare data/reports and analysis to help business make decisions
• Accountable for the material accuracy of the business unit's financial statements during the monthly close process
• Accountable for mid-month forecasts, quarterly roll forward forecasts, and analytics for the year
• Provide profit and loss reports, ROI support on business ventures and related analytics on an ad-hoc basis
• Provide labor target variance reports to senior leaders and cost center leaders on a per pay period basis
• Provide budget variance reports to Senior leaders and department heads monthly
• Evaluates and synthesizes in-depth monthly budget performance reviews for business units, cost centers, clinics, and/or service lines with full understanding of performance variances and concerns presented in a concrete/understandable manner and identify opportunities for improvement
• Conducts ad-hoc analyses on topics as dictated by general business trends or at the request of leadership
• Assists in monthly close processes
• Responsible for integrity of month end close
• Provide oversite to expense categorization in the general ledger with a focus on consistency, budgeted expense cost center and accuracy of costs within certain cost centers
• Perform analysis or assist in performing mid month forecasts
• Perform "look back" analytics at intervals throughout the lifecycle of services provided to assure performance is on track form a revenue, expense, market share and margin perspective. As well as confirming that newer business ventures are achieving the milestones expected in their original ROI's and proformas.
• Supplements financial analysis with operational and/or clinical data and insights in order to provide relevant context and a holistic point of view
• Utilizes rate/volume calculations to quantify the impact of changes in patient mix, procedure mix, payor mix, or other business shifts
• Lead efforts in continuing improvement of policies and processes, work products, performance, efficiency and financial performance
• Work with IT, Finance, Decision Support and other staff to understand data limitations, develop custom reports, and validate data used across organization
• Creates and presents executive-level summaries of…