Senior Financial Analyst (74822)
About The Position
Under the direction of the Controller, the Senior Financial Analyst provides advanced financial planning, reporting, and analytical support to drive strategic decision making within the organization. This role partners closely with operational leaders, clinical departments, and executive leadership to ensure accurate financial forecasting, strong cost management practices, and ongoing performance improvement across the healthcare system. Essential duties include but are not limited to: Financial Planning & Analysis Support annual budgeting, forecasting, and long range financial planning for assigned service lines or business units. Develop and maintain complex financial models to evaluate trends, operational performance, and strategic initiatives. Analyze monthly financial results, variances, and key performance indicators; provide actionable insights and recommendations to leadership. Monitor labor, supply, and operational expenses to ensure alignment with budget and organizational goals. Reporting & Decision Support Prepare and present financial reports, dashboards, and executive summaries for senior leadership and operational stakeholders. Support service line profitability analysis, cost accounting initiatives, and productivity reviews. Evaluate ROI and prepare proformas for capital requests, new programs, technology investments, or partnership opportunities. Partner with revenue cycle, operations, and clinical teams to interpret financial data and improve financial outcomes. Compliance & Process Improvement Ensure financial reporting aligns with healthcare regulatory requirements, reimbursement guidelines, and internal controls. Identify process inefficiencies and drive improvements in financial workflows, reporting tools, and data accuracy. Support audits, internal controls assessment, and policy development. Business Partnering Serve as a strategic advisor to operational and clinical leaders, translating complex financial concepts into practical business insights. Facilitate collaborative discussions around budgets, cost containment, and performance improvement initiatives. This list is not intended to be all inclusive. The employee may perform other related duties as assigned by management.
Requirements
- Bachelor’s degree in Finance, Accounting, Business, Economics, or related field required.
- 4–7+ years of progressive financial analysis experience, preferably within healthcare.
- Strong understanding of healthcare reimbursement, cost structures, and operational drivers.
- Experience with budgeting systems, ERP platforms, and healthcare financial reporting tools (e.g., EPIC, Strata, Axiom, Infor, Workday, Oracle).
- Advanced Excel modeling; strong proficiency with financial and BI tools (Power BI, Tableau, SQL a plus).
- Strong analytical, problem solving, and critical thinking skills.
- Ability to communicate financial information clearly to non financial leaders.
- High attention to detail, accuracy, and ability to manage multiple priorities.
- Successful completion of the pre-employment health screening process required.
- Must be able to attend the work site per schedule.
Nice To Haves
- CPA, CMA, HFMA certifications, or progress toward one, is a plus.
Responsibilities
- Financial Planning & Analysis Support annual budgeting, forecasting, and long range financial planning for assigned service lines or business units.
- Develop and maintain complex financial models to evaluate trends, operational performance, and strategic initiatives.
- Analyze monthly financial results, variances, and key performance indicators; provide actionable insights and recommendations to leadership.
- Monitor labor, supply, and operational expenses to ensure alignment with budget and organizational goals.
- Prepare and present financial reports, dashboards, and executive summaries for senior leadership and operational stakeholders.
- Support service line profitability analysis, cost accounting initiatives, and productivity reviews.
- Evaluate ROI and prepare proformas for capital requests, new programs, technology investments, or partnership opportunities.
- Partner with revenue cycle, operations, and clinical teams to interpret financial data and improve financial outcomes.
- Ensure financial reporting aligns with healthcare regulatory requirements, reimbursement guidelines, and internal controls.
- Identify process inefficiencies and drive improvements in financial workflows, reporting tools, and data accuracy.
- Support audits, internal controls assessment, and policy development.
- Serve as a strategic advisor to operational and clinical leaders, translating complex financial concepts into practical business insights.
- Facilitate collaborative discussions around budgets, cost containment, and performance improvement initiatives.
Benefits
- Lake Region Healthcare is pleased to offer a comprehensive benefit program designed to meet your unique needs. This includes medical and dental coverage; HSA, FSA and 401k plans; EAP, life and disability coverage; voluntary accident, critical illness and hospital indemnity coverage; pet insurance, ID theft protection and legal services. For new employees, the effective date of coverage for most plans is the first of the month, following a 30-day waiting period.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
