What are the responsibilities and job description for the Sr Financial Analyst I position at Spartanburg Regional Healthcare System?
Position Summary
This Sr Financial Analyst I apply generally accepted accounting principles and applicable regulatory guidance to perform assigned general accounting duties related to the creation and completion of accurate accounting analysis and transactions necessary for the development of timely and accurate financial reporting. This position will develop, edit, update, and maintain workpapers for assigned areas of responsibility. Understands business processes and procedures and identifies areas of improvement. Prepares financial schedules and analysis, adjusting journal entries, account reconciliations, completion of regulatory required processes as required by specific job role. Gathers, analyzes, and documents business requirements to fulfill processes. Occasionally works over the standard required work hours to accomplish job tasks and to propel area forward. This position includes but is not limited to accounting processes related to the third-party reimbursement function of departments of Spartanburg Regional Healthcare System. Performs other duties as assigned.
Minimum Requirements
Education
- Bachelor’s degree Accounting, Finance, or related field
Experience
- At least 5 years of relevant accounting experience required
Preferred Requirements
Preferred Education
- Master’s degree Accounting or related field (Masters in Accountancy or MBA)
Preferred Experience
- 5 to 10 years of relevant accounting experience, health care accounting strongly preferred.
Preferred License/Registration/Certifications
- CPA or related certification
Core Job Responsibilities
To support the reimbursement function, this position will participate in the following activities:
- Preparation of Medicare and other Third-Party cost reports
- Preparation of any other rereporting required by Medicare, Medicaid or other governmental agency
- All reporting is in compliance with Hospital policies and applicable rules and regulations
- Preparation of workpapers required for cost reports and other reimbursement reporting
- Preparation of financial and statistical analysis
- Prepare journal entries as needed and perform account reconciliations
- Prepares impact analysis of reimbursement changes
- Assist departments in resolving and addressing reimbursement issues
- Provides support to associates, department directors/managers
- Performs other duties as assigned
