Financial Analyst - Fiscal Services Department, FT

JOB SUMMARY

Responsible for converting and analyzing patient data into information for decision-making, and assisting in the development of financial and statistical analyses. Provide analytical support to the Finance Division to assist in profitability analysis, cost/benefit analysis, reimbursement analysis and return on investment.

NOWLEDGE AND SKILLS

• Strong quantitative, analytical, and computer skills.
• Working knowledge of financial reporting requirements, financing arrangements, and cost/benefit analysis.
• Working knowledge of Cost Accounting principles.
• Strong skills in extraction and manipulation of electronic data across various disparate servers and operating system environments.
• Exceptional written and oral communication skills.
• Understanding of Generally Accepted Accounting Principles (GAAP).
• Experience with database applications, data retrieval, and analysis.
• Strong knowledge and experience with Microsoft Access, Microsoft Excel, Crystal, and Monarch software.
• Successful completion of mandatory requirements including proficiencies/competencies.
• Demonstration of effective problem solving, decision-making, interpersonal, and team work skills.
• Use tact, discretion, initiative and independent judgment within established guidelines.
• Research, compile, and summarize a variety of informational materials both hard copy and electronic.

EQUIPMENT/TOOLS/SOFTWARE

• Strong knowledge and skill in computer software programs (Microsoft Word, Microsoft Excel, Microsoft Access, Microsoft Power Point, Crystal, Monarch and other Windows-based programs) and databases for reports, spreadsheets, presentations, and other documents.
• Knowledge and skill in the operation and troubleshooting of office printers, fax, copiers, and other equipment.
• Hospital Information System.

PRIMARY JOB RESPONSIBILITIES

• Provide analytical support to the Finance Division, including various financial/quantitative analyses.
• Responsible for maintaining Hospital Cost Accounting system.
• Responsible for maintaining Hospital Dashboard product.
• Prepare financial/quantitative schedules and reports to support business decision making.
• Develop and/or coordinate Finance projects to their conclusion and ensure ongoing financial reporting needs are met; develop financial impact statements for strategic programs and track actual results to projections.
• Assist in developing hospital operating and capital budgets.
• Prepare analyses for presentation to key decision makers.
• Investigate consolidation and/or expansion of services.
• Gather, compile, and analyze data for cost/benefit analyses.
• Assist in the preparation of profitability studies.
• Provide automated solutions and tools to assist management in analyzing results of operations.
• Assist in the preparation of schedules and support for financing initiatives.
• Assist in the evaluation of managed care contracts with respect to reimbursement.
• Troubleshoot complex problems.
• Respond to and resolve verbal and written inquiries.
• Organizes own work, sets priorities, and meet critical deadlines.
• Assist in the development and management of special projects as assigned.

ADDITIONAL RESPONSIBILITIES

• Demonstrate knowledge of disaster/emergency procedures and respond appropriately.
• Assume responsibility and accountability for individual knowledge, skills, performance and behavior in accordance with hospital, division, and department standards of care and policies and procedures.
• Demonstrate willingness to perform cross-functional duties to insure optimal utilization of departmental resources.
• Maintain confidentiality of employees, patients, physicians, and all matters related to hospital operations.
• Maintain confidentiality in accordance with HIPPA regulations.
• Present a professional image.
• Demonstrate initiative in personal/professional development.
• Assist with control of costs through the judicious use of human and material resources.
• Comply with all safety and infection control policies and procedures.
• Participate in hospital activities and represent the hospital in delegated functions.
• Participate in staff meetings, educational programs, committees, QI activities and mandatory in-services.
• Other duties as assigned.