Financial Analyst

Role Description

Remote position. Open to recent college graduates.

Provides financial and statistical information to management, staff, and external customers in compliance with internal and external requirements by efficiently accessing the organization's financial and decision support systems and through effectively analyzing and verifying the inputs and outputs from those systems. Maintains financial records and systems in accordance with GAAP, Hospital policies and the Healthcare Audit Guide.

Job Duties

• Assists and prepares accurate, complete, and understandable financial information for timely distribution to internal and external users.
• Financial information includes, but is not limited to:
  • Inpatient, OBV, AO, and outpatient service line/business unit financial performance reports
  • Payer financial performance reports
  • Extensive use of decision support systems, including appropriate interpretation and presentation of data
  • Net revenue/reimbursement computations
  • Payer contract supporting computations
  • Budget proposals and development
  • Monthly actual/budget analysis
  • Business plans and look-back reviews
• Assists in annual operating budget preparation of the hospitals and LVHS activities and monthly actual/budget analysis under direction of the Budget Manager.
• Maintains financial systems, decision support systems, and certain financial or statistical elements of related systems supporting budgeting, financial analysis, net revenue, and reimbursement.
• Participates in applying software and hardware upgrades to the systems as appropriate.
• Participates and assists in the monthly financial statement close and preparation of monthly financial statements as assigned under the direction of the Assistant Controller.
• Reports, budgets, projects/forecasts volume utilization by program, physician, and clinical department as required.
• Serves as a resource to Finance management to assist in ad hoc projects and other duties as assigned.
• Analyses and other information that is provided to the customer is prepared in a concise, easy-to-understand manner.
• Responds to customer inquiries ideally on the day they are received, but never later than the following day.

Qualifications

• Bachelor’s Degree in Accounting or Finance
• 3 years experience as an accountant, financial analyst or the equivalent
• Experience in budgeting, capital project financial analysis, net revenue and reimbursement computations, decision support, and financial reporting is desirable
• Knowledge of hospital and physician payment methodologies
• Proficiency in the use of personal computers operated in a Windows environment
• Ability to use various mainframe and PC-based software applications
• Proficiency in Excel and Word is required
• Must function cooperatively as part of the finance team and exhibit flexibility in response to changing demands and priorities
• Effective written and oral communication skills

Requirements

• Lift and carry 25 lbs.
• Frequent sitting/standing
• Frequent keyboard use
• Patient care providers may be required to perform activities specific to their role including kneeling, bending, squatting and performing CPR

Benefits

• Comprehensive package of benefits for full-time and part-time colleagues, including:
  • Medical (including prescription)
  • Supplemental insurance
  • Dental and vision insurance
  • Life and AD&D insurance
  • Short- and long-term disability
  • Flexible spending accounts
  • Retirement plans
  • Tuition assistance
  • Access to group rates on insurance and discounts
• Tuition discounts at Thomas Jefferson University after one year of full-time service or two years of part-time service
• Access to medical (including prescription) insurance for all colleagues, including those who work less than part-time