Financial Analyst

Community First Medical Center•Chicago, IL

About The Position

The Financial Analysis are responsible for managing the hospital's financial analysis activities, collection information related to financial performance and consolidating it into complex reports. In charge of actively contribute to organizational financial decisions based on their expertise. Interpret raw financial data to recommend changed to business processes. The Financial Analysis also builds financial models to analyze possible business changes. This opportunity is full time Monday-Friday.

Requirements

Must have 3+ years of hospital/acute care experience
Bachelor's degree in finance, economics, or a related field
Excellent interpersonal skills
Proficient with Microsoft tools and and database software

Nice To Haves

Healthcare experience highly preferred

Responsibilities

Prepares financial and statistical analysis for hospital and departments.
Accumulates and reports on various financial and volume key indicators.
Participates in monthly and annual financial statement process.
Reconciles balance sheet and income statement accounts.
Prepares Pro forma for existing and anticipated service lines and procedures.
Participates in the review and establishment of charge item prices.
Performs monthly and ad-hoc review/analysis of hospital and physician receivables.
Participates accumulation of information for interim and annual cost reports.
Prepares and submits various regulatory reporting requirements related to grants, government agencies, quality reporting organizations, etc.
Develops and participates in productivity standards in conjunction with budgets, pro forma and applies them to cost accounting activities. Performs variance analysis on results.
Supports the finance department with budgeting, financial reporting, and capital budgets.
Compares actual results to benchmarks, analyzing and reporting on results.