Senior Financial Analyst - Decision Support - Full Time - Onsite

Jupiter Medical Center

3d•Onsite

About The Position

Ranked #1 for Safety, Quality and Patient Satisfaction, Jupiter Medical Center is the leading destination for world-class health care in Palm Beach County and the greater Treasure Coast. Outstanding physicians, state-of-the-art facilities, innovative techniques and a commitment to serving the community enables Jupiter Medical Center to meet a broad range of patient needs. Jupiter Medical Center is the only hospital in Palm Beach, Martin, St. Lucie and Indian River counties to receive a 4-star quality and safety rating from the Centers for Medicare & Medicaid Services (CMS). The Senior Finance Analyst reports to the Director of Decision Support and is responsible for providing support to the Finance Division and operational leadership. Conduct in-depth analysis of financial data, including revenue, expenses, and trends, to provide insights and recommendations for improving financial performance. Support the development and maintenance of annual budgets and forecasts, working closely with department heads to ensure alignment with organizational goals and objectives. Prepare accurate and timely financial reports for internal stakeholders, board members, and external regulatory agencies, ensuring compliance with all reporting requirements. Monitor budget variances and investigate discrepancies, identifying potential areas for cost savings or revenue enhancement. Assist in long-term financial planning and strategic decision-making, providing analysis and recommendations to support organizational growth and sustainability. Performs complex financial evaluations of new programs/ventures, including assessment of volume, reimbursement, payor mix, operating costs, and capital needs. Identify opportunities to streamline financial processes and improve efficiency, implementing best practices to optimize financial operations. Stay current with industry regulations and guidelines, ensuring compliance with all financial reporting standards and legal requirements. Supervise and mentor junior finance analysts, providing guidance and support to help them develop their skills and expertise. Collaborate with other departments, including accounting, revenue cycle, and operations, to support financial goals and objectives across the organization. Lead or participate in special projects as assigned by senior management, contributing financial expertise to initiatives aimed at enhancing organizational performance. Performs other duties as assigned. Our Work Experience is the combination of everything that's unique about us: our culture, our core values, our company meetings, our commitment to sustainability, our recognition programs, but most importantly, it's our people. Our employees are self-disciplined, hard working, curious, trustworthy, humble, and truthful. They make choices according to what is best for the team, they live for opportunities to collaborate and make a difference, and they make us the #1 Top Workplace in the area.

Requirements

Bachelor's degree in finance, accounting, economics or related field required
Minimum of 5 years of experience in financial analysis or accounting.
Strong analytical skills with the ability to work independently, produce and interpret complex financial data, and generate actionable insights.
Proficiency in financial modeling and forecasting techniques, with advanced proficiency in Microsoft Excel.
Excellent communication and interpersonal skills, with the ability to effectively collaborate with cross-functional teams and senior leadership.
Demonstrated leadership abilities, including experience supervising or mentoring junior staff members.
Detail-oriented with a commitment to accuracy and precision in financial reporting and analysis.
Ability to prioritize and manage multiple tasks in a fast-paced environment, with a proactive and results-oriented approach.
Advanced proficiency in Microsoft Excel required.
Computer proficiency required.
Annual Joint Commission mandatory education requirements, in-service and health requirements including attendance at new employee orientation.
TB/PPD Surveillance Program Maintenance of required professional licensing and/or certification(s).

Nice To Haves

Master's degree or CPA designation preferred.
Healthcare finance experience strongly prefered.
Experience using healthcare decision support tools strongly preferred (Ex: Axiom, Kaufman Hall, Strata, EPSi, Trendstar, TSI).
Knowledge of healthcare finance principles, including reimbursement methodologies and regulatory requirements, preferred.

Responsibilities

Conduct in-depth analysis of financial data, including revenue, expenses, and trends, to provide insights and recommendations for improving financial performance.
Support the development and maintenance of annual budgets and forecasts, working closely with department heads to ensure alignment with organizational goals and objectives.
Prepare accurate and timely financial reports for internal stakeholders, board members, and external regulatory agencies, ensuring compliance with all reporting requirements.
Monitor budget variances and investigate discrepancies, identifying potential areas for cost savings or revenue enhancement.
Assist in long-term financial planning and strategic decision-making, providing analysis and recommendations to support organizational growth and sustainability.
Performs complex financial evaluations of new programs/ventures, including assessment of volume, reimbursement, payor mix, operating costs, and capital needs.
Identify opportunities to streamline financial processes and improve efficiency, implementing best practices to optimize financial operations.
Stay current with industry regulations and guidelines, ensuring compliance with all financial reporting standards and legal requirements.
Supervise and mentor junior finance analysts, providing guidance and support to help them develop their skills and expertise.
Collaborate with other departments, including accounting, revenue cycle, and operations, to support financial goals and objectives across the organization.
Lead or participate in special projects as assigned by senior management, contributing financial expertise to initiatives aimed at enhancing organizational performance.
Performs other duties as assigned.