Financial Analyst I

Community Health Systems Professional Services Corporation•Mountain Brook, AL

About The Position

The Financial Analyst I analyzes financial data, prepares reports, and assists with budgeting and forecasting to support decision-making within the facility. The role gathers and interprets financial information, monitors trends, and helps ensure financial data integrity. The analyst collaborates with leadership and department managers to provide insights into financial performance, cost control, and operational efficiency. The position also supports financial closing activities, cost analysis, compliance with financial policies and requirements, and the maintenance of accurate financial records using financial software and systems. Other duties may be assigned.

Requirements

Bachelor's degree in Finance, Accounting, Economics, Business Administration, or a related field, or four or more years of direct experience in lieu of a bachelor's degree.
0–2 years of experience in financial analysis, accounting, budgeting, or a related field.
Strong analytical and problem-solving skills, including the ability to interpret financial data and provide actionable insights.
Proficiency in financial modeling, data analysis, and forecasting techniques.
Knowledge of financial statements, budgeting principles, and variance analysis.
Experience with financial software, spreadsheets, databases, and enterprise resource planning (ERP) systems, such as Oracle.
Strong communication and presentation skills, including conveying financial data to non-financial stakeholders.
Attention to detail and ability to manage multiple tasks in a fast-paced environment.

Nice To Haves

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

Responsibilities

Analyze financial data and trends to support budgeting, forecasting, and financial planning.
Prepare financial reports and presentations, summarize key findings, and provide recommendations for decision-making.
Assist in developing annual budgets and financial forecasts, ensuring accuracy and alignment with organizational goals.
Monitor financial performance metrics, identify variances, and work with departments to address discrepancies.
Support month-end and year-end financial closing activities, including journal entries, reconciliations, and variance analysis.
Conduct cost analysis and expense monitoring and assist in identifying cost-saving opportunities.
Collaborate with departments to gather financial data and ensure accurate reporting.
Ensure compliance with financial policies, procedures, and regulatory requirements.
Use financial software and systems to maintain accurate and organized financial records.
Perform other duties as assigned.
Maintain regular and reliable attendance.
Comply with all policies and standards.