Financial Analyst Healthcare Compensation (Hybrid)

Financial Analyst

This role is a hybrid of financial analysis, payroll, and compensation modeling, supporting physician and provider pay programs across the organization. We are seeking a Financial Analyst to support provider compensation through data analysis, financial modeling, and reporting. This role will work closely with operational and clinical leaders to ensure compensation programs are accurate, scalable, and aligned with business performance.

The Provider Compensation Analyst serves as the organization's subject matter expert for all physician and advanced practice provider (APP) compensation. This role combines payroll administration and financial analysis: administering the Ludi compensation platform, owning the provider compensation budget, and delivering analytics and forecasting that inform operational and strategic decisions. The Analyst partners closely with HR, clinical leadership, Finance, and Regional Finance Managers, and communicates compensation matters directly to physicians and the Executive Leadership Team (ELT).

Hybrid position: Monday-Wednesday will be in office at our Corporate Support Center in Owings Mills, MD.

Founded 50+ years ago with a mission to provide the highest quality and full spectrum of medical, surgical, and esthetic skin care services to each and every one of its patients, Anne Arundel Dermatology has assembled the finest group of dermatologists in the Mid-Atlantic and Southeastern states. With 300+ clinicians and 110+ locations in 7 states, we're thriving, growing, and looking to add talented individuals to our team!

Responsibilities

• Administer end-to-end provider payroll processing through the Ludi platform including data entry, verification, and approval workflows and serve as the primary point of contact with Ludi for system optimization, issue resolution, and ongoing data integration.
• Interpret and apply provider compensation agreements including base salary, productivity incentives, bonuses, and other supplemental elements and maintain comprehensive, up-to-date tracking of all compensation components across the provider population.
• Audit provider compensation statements against individual employment agreements to ensure accuracy and contractual compliance; analyze variances, assess financial risk, and recommend corrective actions to Regional Finance Managers and senior leadership.
• Develop and own the Provider Compensation budget as part of the annual operating plan (AOP), including forecasting compensation expense under various productivity and growth scenarios.
• Conduct financial analysis to assess company performance and labor cost trends; prepare recurring and ad hoc reports, analyses, and forecasts for the CFO, Finance leadership, and senior management.
• Develop, implement, and maintain a standardized process for supplemental provider expense reimbursement including CME and malpractice insurance ensuring consistency, compliance, and timely processing across all locations.
• Reconcile provider payroll to the general ledger and support month-end and year-end close activities.
• Support internal and external audits by maintaining organized, audit-ready payroll records and documentation.
• Partner with Compliance to stay current on regulatory requirements governing provider compensation, including Stark Law and Anti-Kickback considerations as they relate to pay plan structure.
• Communicate compensation findings, discrepancies, and recommendations clearly and diplomatically to physicians and the ELT; respond promptly to provider inquiries regarding pay, deductions, and compensation plan details.
• Continuously improve provider compensation processes, financial models, and tracking tools to enhance accuracy and efficiency.
• Other duties as assigned.

Qualifications

• Deep understanding of provider compensation structures, including productivity-based base + bonus models, supplemental pay, and contractual compensation elements.
• Demonstrated ability to audit compensation statements against employment agreements and identify discrepancies with precision; strong attention to detail and commitment to accuracy.
• Excellent analytical and problem-solving skills with the ability to interpret complex data and deliver clear, actionable insights to both financial and non-financial audiences.
• Proficiency in financial modeling and forecasting; advanced Microsoft Excel skills required. Familiarity with ERP systems, SQL, and Power BI is a plus.
• Experience with payroll platforms or vendor-managed compensation systems; familiarity with Ludi or similar physician compensation tools is a strong plus.
• Exceptional interpersonal and communication skills able to present complex compensation and financial information to physicians and executive leaders with confidence, clarity, and diplomacy.
• Ability to handle sensitive and confidential compensation information with discretion.
• Strong organizational skills and the ability to manage multiple competing deadlines in a fast-paced, dynamic environment.
• Knowledge of applicable federal and state payroll regulations, physician compensation regulations, and Stark Law considerations.

Licensure/Certifications/Education

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field required.
• 46 years of progressive experience in financial planning and analysis and/or payroll analysis, preferably in multi-site healthcare organizations, dermatology practices, or medical groups.
• Direct experience with provider/physician compensation analysis strongly preferred.
• Experience with Ludi or similar provider compensation management platforms preferred.
• Familiarity with physician/APP compensation plan structures required.
• Experience in private equity-backed companies is favored.

Working Conditions

This position is primarily office-based with a hybrid schedule after 90 days. Occasional extended hours may be required around payroll processing deadlines. Requires prolonged periods of sitting at a desk and working on a computer. Must be able to lift up to 15 pounds at times.

Full time employees (defined as regularly working at least 30 hours per week) are eligible for the following benefits:

• Compensation: $90,000-$115,000
• Medical, Dental & Vision insurance effective 1st of the month after date of start
• Short-term and long-term disability, Voluntary life (employee, spouse, and child), Critical Illness, and Hospital Indemnity Effective the 1st of the month following date of hire
• Company provided Basic Life/AD&D insurance
• Paid time off
• Paid holidays
• Retirement Savings account
• Employee discount on cosmetic services and products