What are the responsibilities and job description for the Financial Specialist position at Tanner Memorial Clinic?
Job Description
Job Description
Description :
Tanner Clinic has an immediate opening for a Financial Specialist.
Location : Layton, Utah
Hours : Full-time; Monday-Friday
Overview :
A nonexempt position responsible for assisting the Supervisor with analytical and decision-making functions, including reporting of financial operations, cost-accounting expenses to physicians, and maintaining spreadsheets related to physician compensation.
This is an entry-level role with no professional work experience required.
Essential Job Responsibilities :
Perform specifically defined tasks related to several routine functions (e.g. physician compensation, cost accounting cost of goods sold, invoice approval, and other month-end reporting duties). Non-routine tasks are closely supervised. Accountable for timely and accurate completion of assigned tasks.
Maintain CPT code modality assignment to ensure facility is compliant with Stark Law.
Assist with analysis and various ad hoc reports.
Prepare and analyze monthly cost allocations for products utilized by providers.
Evaluate reimbursement rates and associated costs to ensure profitability.
Perform pooling calculations while adhering to Stark Law compliance requirements.
Review invoices and collaborate with the purchasing department to ensure cost lists are accurate and up-to-date.
Monitor and track rebate eligibility for specialty pharmaceuticals.
Conduct detailed cost analyses on medical procedures to properly cost account expenses.
Requirements : Education :
Bachelor's degree in Accounting, Finance, Business, or other related fields preferred
Associate's degree in Accounting or 1-2 years of relevant experience
Experience :
Excellent analytical and math skills.
Experience using word processing, spreadsheet, database, internet and e-mail.
Good communication skills.
Skill in dealing with multiple projects and interruptions.
Strong organizational skills; attention to detail.
No prior experience is necessary, and we welcome individuals with a keen interest in entering the dynamic field of accounting.
Other Requirements :
Strong Excel spreadsheet software skills
Strong Analytical Skills
Ability to work independently with minimum supervision
Excellent communication skills
Organized, detail oriented and professional
Regular and reliable attendance is an essential function of the job
Performance Requirements :
Knowledge :
Excellent analytical and mathematical skills for financial analysis.
Proficiency in using word processing, spreadsheet, and database software.
Strong organizational skills with attention to detail.
Effective communication skills for collaboration within the Finance Department.
Problem-solving skills to address non-routine tasks
Knowledge of accounting systems and the generally accepted accounting principles
Knowledge of basic mathematics
Competency with EMR practice management systems
Skills :
Excellent analytical and mathematical skills for financial analysis.
Proficiency in using word processing, spreadsheet, and database software.
Strong organizational skills with attention to detail.
Effective communication skills for collaboration within the Finance Department.
Problem-solving skills to address non-routine tasks.
Abilities :
Excellent analytical and mathematical skills for financial analysis.
Proficiency in using word processing, spreadsheet, and database software.
Strong organizational skills with attention to detail.
Effective communication skills for collaboration within the Finance Department.
Problem-solving skills to address non-routine tasks.
Equipment Operated :
Standard office equipment including computers, fax machines, copiers, printers, telephones, etc.
Work Environment :
Primarily within an office setting, indicating the need for desk-based tasks and computer use.
Mental / Physical Requirements :
Involves sitting approximately 90 percent of the day, walking or standing the remainder.
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