Demo

Financial Analyst I

Summit Healthcare Association
Show Low, AZ Full Time
POSTED ON 4/4/2025
AVAILABLE BEFORE 6/4/2025

The Financial Analyst I participates in improving the operational and financial effectiveness and efficiencies of the organization via budget preparation, variance report analysis, pro formas, cost-benefit analysis, sensitivity analysis, and cost accounting. Extracts financial data from various accounting and information systems and manipulates, interprets, and presents data in a format that is useful and meaningful for decision-making purposes. Complies with Generally Accepted Accounting Principles (GAAP), state, national, Medicare, and other payor rules and regulations. Strong experience in accounting theory and practice required.


Essential Functions


  • Prepares annual budget, working closely with Assistant Chief Financial Officer.
  • Provides ongoing budget analysis and variance explanations.
  • Administers, updates, troubleshoots budgeting software.
  • Conducts budget software training sessions during the year and for budget season.
  • Conducts quarterly variance report meetings with department managers.
  • Prepares financial reviews for economic and/or business decisions (including pro formas, cost-benefit analysis, sensitivity analysis, forecasting, trending, results analysis, “what-if” scenarios, financial performance reviews, and breakeven analysis).
  • Compiles and reports monthly statistics, including payor mix, accounts receivable (AR) analysis, insurance lag reports, investment analysis reports, capital additions, daily revenue reporting and other analysis type reports.
  • Creates tools for tracking, trending, compiling, and/or reporting data.
  • Complies with state reporting requirements (including unusual activity report, community benefits reports, and databank).
  • Complies with Medicare reporting requirements (including cost report, wage, and occupational mix surveys) amd oversees report audits.
  • Prepares cost report and wage and occupational mix audits.
  • Assists with labor management and benchmarking as needed.
  • Assists with annual audit including occasional reconciliations, fixed asset roll forward, investment roll-forward as needed.
  • Maintains and disseminates cost accounting system information.
  • Provides technical solutions to a wide range of difficult problems. Solutions are imaginative, thorough, practicable, and consistent with organizational objectives.

Other Duties


  • Participates and/or leads teams, groups, and committees.
  • Contributes to strategic planning.
  • Provides support and assistance to Accounts Payable and Payroll staff.
  • Extra duties during the peak period (fourth quarter of the year) include: budget, and multiple new projects, procedures, equipment, and services needing to be reviewed for the New Year.
  • Informally makes recommendations concerning long-range operational and strategic planning.
  • Participates in departmental and association wide informational meetings and inservices, including staff meetings, association wide forums, and seminars.
  • Reviews department and association wide policies and procedures annually. Develops and maintains new policies and procedures as needed.

Duties, responsibilities and activities may change or new ones may be assigned at any time with or without notice.


Abilities


  • Proficiency in general office equipment (including fax, printer, copy machine, phone systems, and 10-key) and computer programs (including all Hospital Information Systems, Microsoft Office, internet, and e-mail).
  • Advanced abilities in Microsoft Excel including use of complex formulas.
  • Strong analysis and modeling skills.
  • A complete understanding and wide application of technical principles, theories, and concepts in financial analysis and forecasting.
  • Ability to manage multiple projects and changing priorities.
  • Attention to detail.
  • Commitment to process improvement.
  • Ability to clearly communicate results of analysis and provide recommendations.
  • Ability to work with integrity and build trust.
  • Ability to establish and maintain effective working relationships with co-workers.
  • Must read, write, speak, and understand English.

Supervisory Responsibilities


  • Position is considered at a professional level and requires proper understanding and guidance to other positions in the department.

Work Environment


At Summit Healthcare, our mission statement is that we are trusted to provide exceptional, compassionate care close to home. Our vision is to be the healthcare system of choice.


To uphold our mission and vision statements, we expect all employees to practice SHINE Behavioral standards:

  • Always SHINE – show respect and be kind.
  • Always work together – we are on the same team.
  • Always serve others – no job is beneath you.
  • Always maintain high standards of quality and safety – best practice every time.
  • Always communicate clearly – be compassionate.
  • Always practice integrity – maintain confidentiality.
  • Always be accountable – take responsibility.
  • Always empower – create an environment of success.
  • Always excel – don’t settle for mediocrity.
  • Always promote wellness – make choices for a healthy lifestyle.

Physical Demands


Exerts up to 10 lbs. of force occasionally and/or a negligible amount of force frequently or constantly to lift, carry, push, pull, or otherwise move objects, including the human body. Involves sitting most of the time, but may involve walking or standing for brief periods of time.

Required Education and Experience


  • Bachelor’s Degree in accounting or related field.
  • 0 – 2 years of experience in healthcare operations.
  • Proven understanding and application of accounting methods and theories.

Preferred Education and Experience


  • Certified Public Accountant and/or Certified Management Accountant.

Involves no regular exposure to blood, body fluids, or tissues, and tasks that involve exposure to blood, body fluids, or tissues and are not a condition of employment.


This is a safety sensitive position.

Education

Required
  • Bachelors or better in Accounting

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Job openings at Summit Healthcare Association

Summit Healthcare Association
Hired Organization Address Show Low, AZ Full Time
The following information is designed to outline the functions and position requirements of this job. It does not identi...
Summit Healthcare Association
Hired Organization Address Show Low, AZ Full Time
The following information is designed to outline the functions and position requirements of this job. It does not identi...
Summit Healthcare Association
Hired Organization Address Show Low, AZ Full Time
The following information is designed to outline the functions and position requirements of this job. It does not identi...
Summit Healthcare Association
Hired Organization Address Show Low, AZ Full Time
The following information is designed to outline the functions and position requirements of this job. It does not identi...

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