Senior Financial Analyst - Hybrid
About The Position
The UKP Senior Financial Analyst prepares annual operating budgets and monthly financial statements, including budget variance reports, explanations of variances from budget, and income statement reconciliations. The role develops pro forma financial information to evaluate the financial viability of programs, divisions, or providers and supports clinic administrators and physician leaders in decisions related to clinic performance. The analyst meets regularly with department administrators and Chairs to present monthly financial reports and discuss financial planning and performance. The position uses statistical and financial principles and techniques to prepare reports, evaluate financial trends and clinical performance, make recommendations, and suggest remedial measures. It also evaluates operational techniques, budgets, programs, and practices to support economical operations. The role develops and maintains models for incentive calculations and conducts incentive calculations and payments quarterly or semi-annually. It evaluates whether physician compensation is appropriate and equitable compared with national benchmarks. The analyst serves as a project leader, providing work instructions and assignments and coordinating efforts and report completion. Financial findings are presented using charts and graphs, and results are communicated internally and externally. Duties may vary by department or unit, and other duties may be assigned as required.
Requirements
- Bachelor’s degree in accounting, finance, or a related field from an accredited college or university.
- At least 5 years of experience in budget and financial planning and analysis.
- At least 5 years of experience relating to cost and/or general ledger accounting.
- Knowledge of Generally Accepted Accounting Principles, financial and statistical analysis techniques, and report design using report writers, spreadsheets, database software, and graphical presentation software.
- Demonstrated written and oral communication skills.
- Advanced proficiency in Microsoft Excel and Word.
Nice To Haves
- Master’s degree in a related field from an accredited college or university.
- At least 5 years of healthcare-related accounting or finance experience.
- At least 3 years of experience maintaining a budgetary and/or financial reporting system.
- Certified Public Accountant (CPA) credential from a State Board of Accountancy.
Responsibilities
- Prepare annual operating budgets and monthly financial statements, including budget variance reports, explanations of variances, and income statement reconciliations.
- Develop pro forma financial information to evaluate the financial viability of programs, divisions, or providers and inform clinic performance decisions.
- Meet with department administrators and Chairs to present monthly financial reports and discuss financial planning and performance.
- Use relevant software, including patient billing and accounting systems, to conduct research and analysis.
- Develop and maintain models for incentive calculations; conduct incentive calculations and payments quarterly or semi-annually.
- Evaluate whether physician compensation is appropriate and equitable compared with national benchmarks.
- Prepare reports using statistical and financial principles and techniques.
- Make recommendations related to financial trends and clinical performance, and suggest remedial measures.
- Serve as project leader by providing work instructions and assignments and coordinating efforts and report completion.
- Evaluate operational techniques, budgets, programs, and practices to support the most economical operation.
- Prepare financial reports and present findings using charts and graphs; communicate results internally and externally.
- Perform other duties as assigned.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
