Financial Analyst I

Community Health Systems Professional Services CorporationGadsden, AL
111d

About The Position

The Financial Analyst I is responsible for analyzing financial data, preparing reports, and assisting with budgeting and forecasting processes to support decision-making within the facility. This role involves gathering and interpreting financial information, monitoring trends, and ensuring financial data integrity. The Financial Analyst I collaborates with leadership and department managers to provide insights into financial performance, cost control, and operational efficiency.

Requirements

  • Bachelor's Degree in Finance, Accounting, Economics, Business Administration, or a related field required.
  • 0-2 years of experience in financial analysis, accounting, budgeting, or a related field required.

Nice To Haves

  • Experience in healthcare finance, hospital financial operations, or revenue cycle analysis preferred.
  • Knowledge of healthcare financial regulations, reimbursement models, and cost accounting principles preferred.
  • Licenses and Certifications: Certified Healthcare Financial Professional (CHFP) preferred or Certified Public Accountant (CPA) preferred or Certified Management Accountant (CMA) preferred.

Responsibilities

  • Analyzes financial data and trends to support budgeting, forecasting, and financial planning activities.
  • Prepares financial reports and presentations, summarizing key findings and providing recommendations for decision-making.
  • Assists in developing annual budgets and financial forecasts, ensuring accuracy and alignment with organizational goals.
  • Monitors financial performance metrics, identifying variances and working with departments to address discrepancies.
  • Supports month-end and year-end financial closing activities, including journal entries, reconciliations, and variance analysis.
  • Conducts cost analysis and expense monitoring, assisting in identifying cost-saving opportunities.
  • Collaborates with various departments to gather financial data and ensure accurate reporting.
  • Ensures compliance with financial policies, procedures, and regulatory requirements.
  • Utilizes financial software and systems to maintain accurate and organized financial records.
  • Performs other duties as assigned.
  • Complies with all policies and standards.
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