About The Position

The Financial Analyst supports assigned service lines and/or hospitals, working with Administration and Finance leaders and interacting with all levels of management to provide analysis and recommendations that support the organization’s financial goals and strategic plan. The role prepares monthly internal financial reviews and financial reports for Administration, including current-period performance, financial trends, variance analysis, and profit-and-loss analysis. It also develops and monitors the annual operating budget, supports departmental financial operations, analyzes charge capture and reimbursement trends, reviews productivity metrics, and partners with leadership on special projects. This is a non-management position.

Requirements

  • Bachelor’s degree in Finance, Business, Accounting, or a related field of study.
  • Three years of finance, accounting, or related experience.
  • Alternatively, a bachelor’s degree in a discipline other than Finance, Business, or Accounting may be accepted if the candidate has an MBA, MHA, or CPA.
  • Ability to work with minimum supervision while prioritizing workloads to meet deadlines.
  • Ability to critically review information and complete assignments with high accuracy.
  • Proficiency in MS Word, Excel, and PowerPoint.

Nice To Haves

  • CPA preferred.

Responsibilities

  • Prepare the monthly Internal Financial Review.
  • Prepare monthly financials for Administration, including current-period performance, in-depth financial trends, variance analysis, and P&L analysis.
  • Develop the annual operating budget, including volumes, revenue, FTEs, salary, supplies, and other expenses, in accordance with system profitability targets.
  • Review and monitor budget input and spread to minimize budget error.
  • Work with the Administrator/Director and departmental leadership to provide financial support and identify issues related to department financial operations.
  • Monitor charge capture and analyze reimbursement trends to determine impacts on net collections and causes of variance.
  • Analyze bi-weekly productivity metrics to ensure staffing levels are appropriate.
  • Partner with leadership on special projects, including proformas, process improvement initiatives, and strategic planning.
  • Perform other duties as assigned.
  • Remain knowledgeable about and compliant with Prisma Health’s purpose: “Inspire health. Serve with compassion. Be the difference.”
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