Senior Financial Analyst - Decision Support - Full Time - Onsite
Jupiter Medical Center
Senior Finance Analyst
Ranked #1 for Safety, Quality and Patient Satisfaction, Jupiter Medical Center is the leading destination for world-class health care in Palm Beach County and the greater Treasure Coast.
Outstanding physicians, state-of-the-art facilities, innovative techniques and a commitment to serving the community enables Jupiter Medical Center to meet a broad range of patient needs. Jupiter Medical Center is the only hospital in Palm Beach, Martin, St. Lucie and Indian River counties to receive a 4-star quality and safety rating from the Centers for Medicare & Medicaid Services (CMS).
Education
- Bachelor's degree in finance, accounting, economics or related field required; Master's degree or CPA designation preferred.
Experience / Qualifications
- Minimum of 5 years of experience in financial analysis or accounting.
- Healthcare finance experience strongly preferred.
- Strong analytical skills with the ability to work independently, produce and interpret complex financial data, and generate actionable insights.
- Proficiency in financial modeling and forecasting techniques, with advanced proficiency in Microsoft Excel.
- Experience using healthcare decision support tools strongly preferred (Ex: Axiom, Kaufman Hall, Strata, EPSi, Trendstar, TSI).
- Excellent communication and interpersonal skills, with the ability to effectively collaborate with cross-functional teams and senior leadership.
- Demonstrated leadership abilities, including experience supervising or mentoring junior staff members.
- Detail-oriented with a commitment to accuracy and precision in financial reporting and analysis.
- Knowledge of healthcare finance principles, including reimbursement methodologies and regulatory requirements, preferred.
- Ability to prioritize and manage multiple tasks in a fast-paced environment, with a proactive and results-oriented approach.
- Advanced proficiency in Microsoft Excel required.
- Computer proficiency required.
Position Summary
The Senior Finance Analyst reports to the Director of Decision Support and is responsible for providing support to the Finance Division and operational leadership.
- Conduct in-depth analysis of financial data, including revenue, expenses, and trends, to provide insights and recommendations for improving financial performance.
- Support the development and maintenance of annual budgets and forecasts, working closely with department heads to ensure alignment with organizational goals and objectives.
- Prepare accurate and timely financial reports for internal stakeholders, board members, and external regulatory agencies, ensuring compliance with all reporting requirements.
- Monitor budget variances and investigate discrepancies, identifying potential areas for cost savings or revenue enhancement.
- Assist in long-term financial planning and strategic decision-making, providing analysis and recommendations to support organizational growth and sustainability.
- Performs complex financial evaluations of new programs/ventures, including assessment of volume, reimbursement, payor mix, operating costs, and capital needs.
- Identify opportunities to streamline financial processes and improve efficiency, implementing best practices to optimize financial operations.
- Stay current with industry regulations and guidelines, ensuring compliance with all financial reporting standards and legal requirements.
- Supervise and mentor junior finance analysts, providing guidance and support to help them develop their skills and expertise.
- Collaborate with other departments, including accounting, revenue cycle, and operations, to support financial goals and objectives across the organization.
- Lead or participate in special projects as assigned by senior management, contributing financial expertise to initiatives aimed at enhancing organizational performance.
- Performs other duties as assigned.
Team Member Competencies
Establishing Relationships
Builds effective networks, working relationships, and alliances in order to collaborate effectively within department and organization. Can relate to all kinds of people regardless of background; find topics and common interests that can be used to build rapport with others.
Peer Support
Provides guidance and feedback to help others strengthen knowledge/skills needed to accomplish tasks, solve problems, and perform effectively within the team.
Inspiring and Motivating Others
Fosters commitment and cohesiveness by facilitating cooperation and working as a team within the organization toward goal accomplishments. Work well with others, build consensus, and ensure cooperation to complete tasks and positive workflow.
Demonstrating Emotional Intelligence
Exercises self-leadership, self-awareness, and self-regulation; manages emotions so that they are expressed appropriately; leads others by showcasing adaptability, empathy, and social skills.
Acting with Integrity
Interacts with others in a way that is seen as direct and truthful; ensures confidence in individual and organizational motives and representations. Acts in a way that is consistent with personal and organizational values by keeping confidence, promises, and commitments. Clearly states goals and beliefs; informs people of their true intentions, does what they say they will do; follows through on commitments.
Being a Champion for Change and Innovation
Supports people in their efforts to try new things. Things creatively, generates novel and valuable ideas and uses these ideas to develop new or improved processes. Accepts new ways of doing things and adapts to change.
Communicating Effectively
Speaks and writes clearly, conveys information in a concise, organized, and logical manner. Is adept at tailoring the message to fit the interests and needs of the audience. Listens attentively and exercises tact, discretion, and diplomacy when interacting with members of the department and organization.
Promoting Diversity and Inclusion
Treats all people with dignity and respect. Demonstrates an open-minded approach to understanding people regardless of their gender, age, race, national origin, religion, ethnicity, disability status, or other characteristics. Challenges bias and intolerance. Develops all-inclusive groups in the realms of social interaction and communication. Shows respect for the beliefs of others; encourages and promotes practices that support cultural diversity; discourages behaviors or practices that may be perceived as unfair, biased, or critical toward people with certain backgrounds.
Physical Requirements
Requires sitting for long periods of time, use of computer and other telecommunication devices. Must be able to work in a stressful environment, work independently, and be capable of critical thinking, making sound decisions, detail oriented, alert and self-motivated. Travel as needed.
Threshold Requirements
- These threshold requirements are required and completed yearly basis.
- Annual Joint Commission mandatory education requirements, in-service and health requirements including attendance at new employee orientation.
- TB/PPD Surveillance Program
- Maintenance of required professional licensing and/or certification(s).
$80k - $120k
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