Senior Financial Analyst Position Available In , Louisiana

Senior Financial Analyst
Regular Full-Time
Management
Opelousas, LA, US
4 days ago

Requisition ID:

2209 The Senior Financial Analyst is responsible for advanced and objective analytical support and independently organizing, and presenting data to support the organization’s Finance, Operations and Strategic planning functions, serving as support to the CFO and Executive Team. Included in these projects are ongoing and special financial analysis and support to Executive Management, Department Directors and Managers, Joint Venture partners throughout the health system, as well as other special projects as assigned. The Sr. Financial Analyst works collaboratively with teams and may serve as a liaison with Information Technology Business Intelligence and other stakeholders, as needed. This position is actively involved in developing and advancing best practices and tools for business analysis. The Sr. Financial Analyst highlights performance issues, identifies problems and researches solutions and makes recommendations to management for continuous improvement. In addition, reports statistical information and develops trending KPI reporting across service lines. Other responsibilities will include assistance with the annual operating budgets, review of monthly financial statements and monthly Board presentations. The Senior Financial analyst may also be assigned to additional responsibilities, such as payer reimbursement analysis and financial reconciliation. People Essential Functions Interacts with all levels within the department, other institutional departments, and across the organization as well as outside companies to resolve problems/errors or questions regarding basic accounting reconciliation items or financial performance in a timely manner.
Serves as subject matter expert for assigned entity(s) (Hospital, Physician Organization), for Clinical and Financial reporting systems. Quality/Safety Essential Functions Develops, monitors and reports key system operational indicators and recommend improvements. Highlights performance issues, identifies problems and researches solutions. Make recommendations to management for improvement.
Follows all internal audit requirements for appropriate system applications.
Utilizes/enhances tools to improve the accuracy of financial analytics and enhance revenue opportunities. Submit invoices and follow-up with industry partners as needed. In addition, prepares necessary journal entries for coordinator effort and Principal Investigator (PI) oversight as appropriate. Finance Essential Functions Performs one or more of the following: Supports and develops auditing, reporting and contract modeling tools as needed for identification and analysis of rate and/or fee schedule auditing, financial performance and contract performance as well as modeling and analysis of potential opportunities. Maintains monthly dashboard of key indicators and external benchmarks as defined by management. Prepares and maintains revenue models. Compiles information needed for organization profit and loss statement as required. Reviews payer contracts, calculates provider productivity bonuses/compensation models as appropriate.
Utilizes resources effectively and efficiently, demonstrating financial stewardship. Manages own time effectively and prioritizes work to achieve maximum results in a timely manner.
Support manager in preparation of presentations for Leadership and Board of Directors, ad-hoc analysis including building, testing, and maintenance of various dashboards and data infrastructure
Collaborate with clinical operations to identify actionable and quantifiable actions to achieve financial performance.
Perform a review of financial statements, which will require an in-depth month-end review with key stakeholders to ensure financial performance. Growth/Innovation Essential Functions Maintains and monitors procedures and Standards of Practice (SOP’s) for reconciliation process. Maintain working knowledge of hospital and physician compensation methodologies and affecting government regulations, as applicable.
Identifies areas for improvement and makes recommendations to management. Seeking opportunities to grow knowledge of cost accounting systems.
Proactively manages own career development.
Identifies and recommends opportunities to employ new or enhanced functionality in support of continued performance improvement. Develops and advances best practices and tools for business analysis. Core Competencies, Knowledge/Skills/Abilities Analysis & Critical Thinking Strong interpersonal skills to include effective verbal and written communication
Solid time management with the ability to prioritize multiple tasks
Ability to collaborate across various levels of management, departments and teams
Comfortable negotiating problems and exploring solutions with physician population
Ability to define problems, collect data, establish facts, and draw valid conclusions.
Knowledge of Accounting software, Internet software, Excel Spreadsheet software and Word Processing Software.
Excellent attention to detail. This job description is not intended to be all-inclusive; the employee will also perform other reasonably related business/job duties as assigned. Opelousas General Health System reserves the right to revise job duties and responsibilities as the need arises.

EDUCATION

& Requirements Bachelor’s degree in finance or accounting

MBA/MHA/CPA

preferred
Certified Health Financial Professional (CFHP) preferred but not required Work Experience Five years of financial, budget or cost accounting analysis experience required; experience in a health care environment preferred
System experience and proficiency with Microsoft Excel, Word, Outlook, Power Point

KNOWLEDGE, SKILLS, AND ABILITIES

Demonstrates the skills and competencies necessary to safely perform the assigned job, determined through on-going skills, competency assessments, and performance evaluations.
Sufficient proficiency in speaking, reading, and writing the English language necessary to perform the essential functions of this job, especially with regard to activities impacting patient or employee safety or security.
Ability to effectively communicate with patients, physicians, family members and co-workers in a manner consistent with a customer service focus and application of positive language principles.
Advanced analytical thinking and creative problem solving and ability to define a variety of approaches to business problems.
Advanced knowledge of business process analysis, system requirements, data modeling and functional design.
Strong project management skills.
Strong statistical analysis and data reductions skills.
Familiarity with hospital patient data bases and relationship to other financial and non-financial systems preferred.
Working knowledge of cost accounting system(s).

Work Environment:

Subject to many interruptions. Pressure due to multiple calls and inquiries. It can be high paced and stressful; must be able to cope mentally and physically to atmosphere.