Financial Consultant

Henry Ford Health•Detroit, MI
•Onsite

About The Position

Responsible for assisting decision making in resource allocation and improving the financial performance of the heath system; plan and coordinate the use of resources; prepare reports and recommendations for management and coordinate implementation when possible; serve as a consultant on projects outside of specific assignments; coordinate complex projects involving multiple participants and teams; develop and refine scope of projects, assignments and objectives; develop projects and assignments work plans; provide updates to management on project progress; conceptualize ideas, develop work plans, and execute the plans; develop and determine priorities and monitor status of projects on an ongoing basis; document current systems and operations; utilize and apply knowledge of healthcare reimbursement methodologies in financial analyses; preparation and analysis of Return on Investment (ROI) assessments; preparation and analysis of financial business cases; providing financial analysis, insights, and recommendations to executives; report writing tools; extraction, analysis, and presentation of financial data; operating and capital budget preparation and monitoring; forecasting and variance analysis; large financial system dataset extraction, validation, and manipulation; ERP systems; journal entry preparation and posting; and collaboration with senior management and executive- level cross-functional teams to perform assigned tasks; analyze client systems, procedures and operations and identify opportunities for improvement; identify and test alternative methods and procedures and identify associated costs and benefits; and define requirements to modify existing procedures, and develop new system implementations of revised or new methods.

Requirements

  • Bachelors – Finance, Accounting, Business Administration, Economics, or in a related field of study (will accept equivalent foreign degree)
  • Three (3) years in the position above, as a Financial Analyst, as a Financial Specialist, as an Accounting Analyst and Financial Analyst, or in a related occupation
  • Three (3) years use of all the following: healthcare reimbursement methodologies in financial analyses; preparation and analysis of Return on Investment (ROI) assessments; preparation and analysis of financial business cases; providing financial analysis, insights, and recommendations to executives; report writing tools; extraction, analysis, and presentation of financial data; operating and capital budget preparation and monitoring; forecasting and variance analysis; large financial system dataset extraction, validation, and manipulation; ERP systems; journal entry preparation and posting; and collaboration with senior management and executive- level cross-functional teams.
  • Any suitable combination of education, training and/or experience.

Responsibilities

  • Assist decision making in resource allocation and improving the financial performance of the health system.
  • Plan and coordinate the use of resources.
  • Prepare reports and recommendations for management and coordinate implementation.
  • Serve as a consultant on projects outside of specific assignments.
  • Coordinate complex projects involving multiple participants and teams.
  • Develop and refine scope of projects, assignments and objectives.
  • Develop projects and assignments work plans.
  • Provide updates to management on project progress.
  • Conceptualize ideas, develop work plans, and execute the plans.
  • Develop and determine priorities and monitor status of projects on an ongoing basis.
  • Document current systems and operations.
  • Utilize and apply knowledge of healthcare reimbursement methodologies in financial analyses.
  • Preparation and analysis of Return on Investment (ROI) assessments.
  • Preparation and analysis of financial business cases.
  • Providing financial analysis, insights, and recommendations to executives.
  • Report writing.
  • Extraction, analysis, and presentation of financial data.
  • Operating and capital budget preparation and monitoring.
  • Forecasting and variance analysis.
  • Large financial system dataset extraction, validation, and manipulation.
  • ERP systems.
  • Journal entry preparation and posting.
  • Collaboration with senior management and executive-level cross-functional teams.
  • Analyze client systems, procedures and operations and identify opportunities for improvement.
  • Identify and test alternative methods and procedures and identify associated costs and benefits.
  • Define requirements to modify existing procedures, and develop new system implementations of revised or new methods.
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