Financial Analyst

Lakeshore Bone & Joint Institute • Chesterton, IN

1d

About The Position

The Financial Analyst conducts financial and business-related research and analysis, including preparing forecasts and analyzing financial, accounts receivable, and clinical quality reports, records, and trends. The role develops and maintains spreadsheets and databases for analysis and reporting and leads various analytical projects. The analyst advises management on expected outcomes and improvement opportunities, evaluates financial, statistical, and industry benchmarking data, and supports analysis of financial performance in accordance with payor contracts. The position also develops business policies and educational materials, trains providers and staff as needed, explains variances, and makes recommendations concerning reserves, assets, and expenditures.

Work is performed in an office environment and involves frequent contact with patients, physicians, and other healthcare personnel. The role requires travel between Lakeshore Bone & Joint facilities. Work may be stressful and interruptive and may involve interaction with injured or sick patients.

Requirements

• Associate's degree in finance or a related field.
• At least 2 years of financial analysis, budgeting, and forecasting experience.
• At least 2 years of experience in a healthcare setting; physician clinic experience preferred.
• Advanced knowledge of Excel, Word, and PowerPoint.

Nice To Haves

• Project management experience.

Responsibilities

• Advise management of expected outcomes and recommend ways to improve them.
• Analyze, evaluate, and interpret financial, statistical, and industry benchmarking data.
• Develop and document business policies, conduct special financial and business-related studies, and cooperate with other departments in preparing analyses.
• Conduct financial and business-related analyses and research, including preparing forecasts and analyzing trends.
• Analyze financial reports, trends, and records to optimize financial outcomes in accordance with payor contracts.
• Develop educational materials and train providers and staff as needed.
• Maintain accurate databases and reporting to support timely internal and external benchmarking.
• Explain variances and make recommendations regarding accounting for reserves, assets, and expenditures.
• Independently pursue fundamental problem solving and document recommendations to management.
• Perform other duties as assigned.

What This Job Offers

• Job Type: Full-time
• Education Level: Associate degree