Financial Analyst

ChesPenn Health Services•Eddystone, PA

17d•Hybrid

About The Position

Under the direction of the Chief Financial Officer, the Financial Analyst will be responsible for creating departmental budgeting, forecasting, analysis and reporting on programs’ financial results and future performance and strategy. The Financial Analyst will provide support, training, coaching, and mentoring to Program Leaders and staff on all financially related matters. The Financial Analyst will also be responsible for bridging the gap between clinical and dental billing departments ensuring accurate documentation, coding, claim submission and denial resolution in compliance with ChesPenn’s policies and procedures, GAAP standards and other regulatory requirements.

Requirements

Bachelor’s degree in business, economics or finance.
Highly experienced in accounting and program auditing, forecasting and creating budgets.
Good written and verbal communication skills in English.
Able to function independently
Strong strategic thinking and forecasting
Exceptional attention to details
Ability to communicate effectively, both verbally and in writing
Strong organizational, analytical and interpersonal skills

Nice To Haves

Previous experience as a Medical/Dental Billing Manager in an FQHC setting preferred.

Responsibilities

Develop program annual budgets and forecasts of program revenues, expenses, and key performance indicators.
Analyze trends, risks, and opportunities.
Assist in creating efficient operational models and implementing solutions and opportunities for cost reduction and increased profitability.
Assist in the preparation of budgets and forecasts including operational revenue and expenses and capital expenditures. Enter data into budget tracking software.
Assist in analyzing and reporting key performance indicators.
Track monthly expenses against budgets, identify and analyze trends, alert the Chief Financial Officer about potential issues, and provide recommendations for solutions.
Assist with providing training and education on relevant financial matters to program staff, including expense monitoring, check requisitions, cash handling and consumer funds management.
Prepare and submit invoices and other reporting for cost reimbursement contracts and grants, insuring compliance with all funders and ChesPenn guidelines.
Oversee medical and dental revenue cycle management.
Oversee fixed asset ledger and accounting for asset purchases/disposals.
Responsible for oversight of all grant reporting including developing budgets for grant proposals, providing documentation to grantors, and generating monthly grant reports in accordance with grantor specifications / timelines.
Complete monthly visit report (provider productivity and payor mix reporting).
Complete all other financial duties as assigned.