Financial Analyst

Financial Analyst

Join the Lakeshore Bone & Joint Institute Team! As the region's subspecialty orthopedic group, Lakeshore Bone & Joint Institute has served the orthopedic needs of northwest Indiana since 1968. With state-of-the-art facilities conveniently located in Chesterton, Crown Point, Michigan City, Portage, and Schererville, we are dedicated to delivering the exceptional, compassionate care to our patients to keep them moving and enjoying life.

Job Summary

The financial analyst performs financial and business-related research and analysis such as the preparation of forecasts and/or analysis of financial, accounts receivable and clinical quality reports, records, and trends; develops and maintains spreadsheets and databases to facilitate analysis and reporting; and is responsible for conducting various analytical projects.

Essential Job Functions

• Advise management of expected outcomes and recommend ways to improve the outcomes.
• Analyze, evaluate, and interpret appropriate financial, statistical, and industry benchmarking data.
• Develop and/or document business policies, conduct special financial and business-related studies, and cooperate with other departments in the preparation of analyses.
• Conduct financial and business-related analyses and research including the preparation of forecasts and/or analysis of trends.
• Analyze financial reports, trends and records to optimize financial outcomes in accordance with payor contracts. Develop educational materials and train providers and staff as needed.
• Maintain accurate databases/reporting to allow for timely internal and external benchmarking.
• Provide reasoning for variances and make recommendations relative to the accounting of reserves, assets, and expenditures.
• Advise management of expected outcomes and recommend ways to improve the outcomes.
• Independently pursue fundamental problem solving and documents the recommendations to management.

Qualifications

• Associate's degree in finance or related field
• 2+ years of financial analysis, budgeting, and forecasting experience
• 2+ years of experience in a healthcare setting, physician clinic preferred

Required Skills

• You have advanced knowledge of Excel, Word, and PowerPoint
• Project management experience is a plus.

Physical Requirements

While performing the duties of this job, the employee may be required to sit and/or stand for prolonged periods, work longer than eight (8) hour shifts, and to work both day/evening shifts. Work may hand dexterity as well as the need to reach, climb, balance, stoop, kneel, crouch, talk, and hear. The employee must occasionally lift and/or move up to 50 lbs. While performing the responsibilities of the job, the employee is required to talk and hear. Specific vision abilities required by the job include close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to focus.

Work Environment

Work is performed in an office environment. Involves frequent personal and telephone contact with patients, physicians, and other healthcare personnel. Work may be stressful at times. Interaction with others is constant and interruptive. Work may involve interaction with injured or sick patients. Travel between all Lakeshore Bone & Joint facilities is required for this position.