We are seeking a detail-oriented Financial Analyst to provide decision support to senior management through financial reporting, hospital cost accounting, revenue cycle analytics, and database management. This role will support organization-wide business and economic decision-making by delivering actionable insights, developing pro forma analyses, and identifying opportunities for process and financial improvement. The Financial Analyst will also help maintain quality standards across key areas of the revenue cycle.
Key Responsibilities
- Develop, interpret, implement, and provide ongoing support for financial reporting.
- Perform hospital cost accounting analyses and periodic updates to support program analysis and service line assessments.
- Develop and maintain assigned databases and reports using Excel, Access, SQL, and other reporting platforms.
- Pull data and generate reports with minimal supervision.
- Maintain a current working knowledge of reimbursement principles and healthcare finance trends.
- Provide decision support for financial assessments at the procedure, patient, and department levels, including preparation of financial pro forma reports.
- Collect, analyze, and maintain financial information and reporting databases.
- Develop and recommend effective business improvement initiatives.
- Track, trend, and report on key revenue cycle indicators in collaboration with the Revenue Cycle team.
- Coordinate revenue cycle analytics across key functions, quantify expected revenue impact, and support operational and financial decision-making.
- Serve as a liaison between Finance, Business Office, and Managed Care departments.
- Perform other duties as assigned by management.
- Bachelor's degree in Accounting, Finance, or other business related field
- Ability to communicate effectively verbally and in writing
- Knowledge of GAAP
- Knowledge of IFRS
- Proficient in Microsoft Office Suite (Word, Excel, PowerPoint) and Microsoft Access
- Experience writing SQL queries including joins and case statements
- Experience using business intelligence tools (e.g., Tableau, Microsoft Power BI, QlikView)
- 2+ years experience working with data, reports and/or accounting
- Knowledge of healthcare finances, including hospital expenses, labor and revenue