Financial Analyst Senior

Allina Health

17d•$41 - $57•Remote

About The Position

Supports financial analytics and works as a business partner with operational leadership. Collaborates with leaders on their finance priorities such as budgeting, forecasting, business initiatives, and ongoing performance management. Enhances financial acumen of business operators by effectively communicating complex topics and providing ongoing education and training. Develops and leads the budget process including volumes, revenue, staffing and expense development for areas assigned. Analyzes target vs. actual variances on a monthly basis and partner with leadership to recommend improvement plans. Makes recommendations for monthly expense accruals. Understands and communicates financial trends to support forecasting, budget and monthly variance analysis. Uses analytical tools to identify opportunities for improvement and communication recommendations to leaders. Understands revenue cycle trends/changes and partner with internal subject matter experts. Supports complex ad hoc analysis including staffing changes, new services or technology, new providers, drug and supply expense management. Works as a financial liaison to JV and PSA arrangements including budget, monthly financial analytics and ad hoc analysis. Partners with leadership on the development of business plans for capital and program expansion Collaborates with vendors and other business partners to design technology applications to model forecasting, cost accounting, productivity, and more. Other duties as assigned.

Requirements

Bachelor's degree in business, finance or related field
5 to 7 years of experience in finance, accounting or finance related field required in a health care setting

Nice To Haves

Master's degree

Responsibilities

Enhances financial acumen of business operators by effectively communicating complex topics and providing ongoing education and training.
Develops and leads the budget process including volumes, revenue, staffing and expense development for areas assigned.
Analyzes target vs. actual variances on a monthly basis and partner with leadership to recommend improvement plans.
Makes recommendations for monthly expense accruals.
Understands and communicates financial trends to support forecasting, budget and monthly variance analysis.
Uses analytical tools to identify opportunities for improvement and communication recommendations to leaders.
Understands revenue cycle trends/changes and partner with internal subject matter experts.
Supports complex ad hoc analysis including staffing changes, new services or technology, new providers, drug and supply expense management.
Works as a financial liaison to JV and PSA arrangements including budget, monthly financial analytics and ad hoc analysis.
Partners with leadership on the development of business plans for capital and program expansion
Collaborates with vendors and other business partners to design technology applications to model forecasting, cost accounting, productivity, and more.
Other duties as assigned.