Financial Analyst

Financial Analyst

Under the direction of the Senior Vice President of Finance, the Financial Analyst serves as a key financial resource, responsible for the preparation, analysis, and reporting of financial data. This role supports budgeting, financial planning, and operational decision-making by providing data-driven insights. The Financial Analyst collaborates with internal departments, external accounting partners, and leadership to enhance financial policies, improve internal controls, and ensure the financial health of the organization.

Key Responsibilities

Accounting Oversight

• Serve as the primary liaison with the organization's accounting firm and SVP, overseeing daily accounting operations and procedures.
• Prepare and analyze monthly supply and expense accrual entries.
• Compile and analyze financial information to be provided to the accounting firm for entry into the company's financial statements.
• Review balance sheet account reconciliations prepared by accounting firm, identifying and resolving reconciling items while escalating issues as necessary.
• Review monthly financial statements, including the Balance Sheet and Profit & Loss Statement, researching variances and providing explanations.
• Prepare monthly financial reporting packages for distribution to leadership and the Board.
• Prepare schedules and reports for internal and external audits, ensuring compliance with regulatory requirements.
• Oversee financial reporting related to USFHP subrogation cases, including preparing necessary documentation for legal and regulatory review.
• Review and process annual USFHP Capital/Medical Education reimbursement requests submitted by network facilities.
• Assist Property Manager with managing accounts receivable.
• Maintain strict confidentiality of financial records, beneficiary data, and sensitive business information.

Budgeting & Financial Planning

• Assist in the preparation and implementation of the annual budget, providing financial insights and variance analysis.
• Track and analyze major expenses (e.g., capital expenditures, legal fees) to ensure financial oversight and cost efficiency.
• Identify and implement improved expense tracking methods for enhanced financial management.
• Compile, analyze, and present monthly financial and volume statistics for key programs and cost centers.
• Conduct monthly financial reviews with department leads to analyze variances, identify trends, and support strategic decision-making.
• Other duties as assigned.

Policy & Process Improvement

• Propose financial policies and procedures to improve internal controls in collaboration with the accounting firm.
• Contribute to special projects aimed at process improvements, operational efficiencies, and financial sustainability.

Stakeholder Collaboration & Education

• Partner with internal departments to provide financial guidance, supporting project management and operational decision-making.
• Educate non-financial staff on financial reports and data interpretation to enhance organizational financial literacy.
• Exhibit the values and philosophy of the organization's mission statement in all interactions and cross-functional collaborations.

Qualifications

Education & Experience

• Bachelor's degree in Accounting, Finance, or a related field required.
• 2-4 years of experience in financial analysis required, preferably in healthcare finance or managed care.
• CPA or MBA preferred.

Skills & Competencies

• Strong analytical and problem-solving skills, with the ability to interpret complex financial data and identify actionable insights.
• Ability to work independently, manage multiple priorities, and meet established deadlines in a fast-paced environment.
• Excellent communication skills, including the ability to draft reports, business correspondence, and financial policies.
• Strong interpersonal skills to collaborate effectively with internal and external stakeholders.
• High attention to detail and accuracy in financial reporting and reconciliation processes.
• Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint) and financial reporting tools.
• Knowledge of financial regulations, compliance requirements, and best practices in financial management.

Other Requirements

• Must be able to obtain and maintain U.S. Government personnel security clearance as a condition of employment.

Physical Nature of the Job

This is largely a sedentary role performed in an office setting, requiring extended periods of computer use.

Equal Opportunity Employer Statement

BrightonOne is an Equal Opportunity Employer. We prohibit discrimination and harassment of any kind based on race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), national origin, age, disability, genetic information, protected veteran status, or any other characteristic protected by federal, state, or local law. We strongly encourage applications from veterans and individuals with disabilities. Accommodations are available upon request for candidates taking part in all aspects of the selection process.

Work Authorization

Candidates must be authorized to work in the United States without sponsorship now or in the future.