Financial Analyst IV

Sutter Health • Sacramento, CA

3d • $55 - $83 • Onsite

About The Position

We are so glad you are interested in joining Sutter Health! Organization: SMF-Sutter Med Foundation- Central Position Overview: Analyzes service line financials and major drivers affecting financial results, experience working closely with service line leadership on day-to-day finance and operational decision making. Analyzes ongoing financial and operating performance for the system, operating unit, affiliate and/or lines of business and ensures annual plan updates are developed. Develops strategic financial projects, including providing financial analysis, consulting and reporting. Supports system finance strategic objectives, providing long-term financial planning, operational performance analysis, financial feasibility studies, and special purpose reports to senior leadership. Develops, implements and validates new tools to track strategies and goals related to the value equation. Provides financial forecasting support and ensures annual plan updates are developed. Keeps leadership apprised of current financial activities affecting or having a potential impact on affiliates, providing performance insights and practical options and recommendations. Implements client requests into appropriate projects, taking care to confirm/ensure approach meets clients’ needs and continually monitoring objectives by gathering feedback and modifying to enhance satisfaction. Maintains capital allocations and reporting. Ensures projects are approved timely and all supporting documentation is complete and accurate. Prioritizes complex ad-hoc requests to provide timely review demonstrating critical thinking, analytical skills and attention to detail while managing existing workload. Coordination and communication with other system departments (e.g. BI, Accounting, Legal, Treasury, System Finance, Business Development, Facilities Planning) as needed and with relation to financial planning and analysis activities. Not a telecommute or remote role. Job Description:

Requirements

• Bachelor’s degree in Finance, Accounting, Economics, Business, Healthcare Administration, or a closely related field.
• 8 years of experience as a Financial Analyst or related occupation.
• 8 years of experience in the following: Financial analysis methods, practices, and procedures and financial modeling; Computerized accounting and financial systems, and facilitating budgeting and report automation; Compiling, recording, and maintaining financial transactions and sensitive information; and Translating complex financial data and analysis into reports and presentations for appropriate stakeholders.
• 4 years of experience in the following: Ambulatory budgeting and statistics, including calculating ambulatory statistics (tRVUs and wRVUs) and patient visits for each revenue center by provider type and by payor type; Healthcare administration and reimbursement practices, including CPT codes used in the ambulatory environment and EPIC modifiers; Using CMS rules on Medicare and Medicaid programs to analyze revenue and reimbursement trends; Investigating monthly EBITDA, revenue, and expense variances by working closely with operations, accounting and billing teams; SAP BPC (EPM Add-in), EPSi budgeting, Attainia, and Lawson reports for the reconciliation of monthly capital balances with subledger; Writing SQL queries and transforming data into usable healthcare reports and presentations, as well as building and maintaining Payor Mix reports and dashboards; Directing query Power BI and Tableau to retrieve data from other sources including SQL datasets; and Calculating revenue collection, write-off rates, and return on healthcare capital investments (ROI).

Responsibilities

• Analyzes service line financials and major drivers affecting financial results
• Analyzes ongoing financial and operating performance for the system, operating unit, affiliate and/or lines of business and ensures annual plan updates are developed.
• Develops strategic financial projects, including providing financial analysis, consulting and reporting.
• Supports system finance strategic objectives, providing long-term financial planning, operational performance analysis, financial feasibility studies, and special purpose reports to senior leadership.
• Develops, implements and validates new tools to track strategies and goals related to the value equation.
• Provides financial forecasting support and ensures annual plan updates are developed.
• Keeps leadership apprised of current financial activities affecting or having a potential impact on affiliates, providing performance insights and practical options and recommendations.
• Implements client requests into appropriate projects, taking care to confirm/ensure approach meets clients’ needs and continually monitoring objectives by gathering feedback and modifying to enhance satisfaction.
• Maintains capital allocations and reporting.
• Ensures projects are approved timely and all supporting documentation is complete and accurate.
• Prioritizes complex ad-hoc requests to provide timely review demonstrating critical thinking, analytical skills and attention to detail while managing existing workload.
• Coordination and communication with other system departments (e.g. BI, Accounting, Legal, Treasury, System Finance, Business Development, Facilities Planning) as needed and with relation to financial planning and analysis activities.

Benefits

• Employees of Sutter Health and its entities may handle hazardous drugs in the course of their work, including patient care, which requires them to manage, store, prepare, receive, unpack, transport, dispose of, or administer drugs identified as hazardous or potentially hazardous by the National Institute for Occupational Safety and Health (NIOSH) and in accordance with the USP 800 guidelines.
• Sutter Health is an equal opportunity employer EOE/M/F/Disability/Veterans.
• Eligible positions also include a comprehensive benefits package.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level