Financial Analyst

Job Location US-NC-Charlotte
Job Opening ID
2022-129244
Facility
Presbyterian Medical Center
Department
Operational Finance - GCM
Work Schedule
8:00am-5:00pm
Category
Financial Services
Job Status
Full-Time

Overview

The team member’s Number One job responsibility is to deliver the most remarkable patient experience, in every dimension, every time, and understands how to contribute to the health system’s vision of achieving that commitment to patients and families. At Novant Health, people are our business. We treat each other with respect and compassion. We embrace the differences in our strengths while fostering an environment of inclusion, empowerment, inspiration and courage. The team member will use Novant Health’s First Do No Harm (NHFDNH) safety behaviors/error prevention tools and high reliability strategies as appropriate to ensure a safe, remarkable patient experience.

  • The role will develop and maintain analysis related to the operational activities of the Greater Charlotte Market (GCM), including (but not limited to) functioning as a liaison to a particular subset of clinics, departments or service line(s), preparation of financial statements, review of department or provider productivity, proforma or benchmarking analyses related to new providers, services, efficiencies or capital expenditures, facilitation of annual budgets and various month end close responsibilities.
  •  The items below represent many of the most common processes associated with this position. Other duties may be performed, both major and minor, which are not mentioned below:
  • ¨ Development, maintenance and improvement of financial analysis identifying areas for optimization related to clinical/departmental productivity, often through the use of reporting and benchmarking to gauge performance.
  • ¨ Review, interpretation, analysis, and presentation of analysis to constituents (executives, administrators, department/service line leaders, physicians, clinic administrators etc.). Strong organizational and commutation skill are essential given the need to often convey financial concepts
  • and data to end users outside of finance.
  • ¨ Identification, quantification, and assistance in prioritizing initiatives for financial, utilization, and/or resource management improvement. Creation of ad hoc financial/benchmark analysis to assist executive and departmental decision making related to cost containment or incremental revenue generation.
  • ¨ Collaboration with and training of departmental managers and executive management in order to maximize data analysis findings.
  • ¨ Analysis of new business development opportunities (JVs, acquisitions, etc.).
  • ¨ Preparation of annual budget as needed.
  • ¨ Administer physician compensation models.

 

Qualifications

  • Education: 4 year Degree Required. Accounting or Finance Degree preferred. 
  • Experience: 2 years preferred in healthcare.
  • Additional Skills/Requirements (required): Excel experience. Strong oral and written communication skills. Strong analytical and research skills.
  • Preferred Skills: Experience with interim and annual financial reporting. Lawson experience highly desirable.
  • Essential Functions:
    • Process: Performs with guidance: Conducts financial analyses. Develops and produces ad hoc
      reports for users throughout the organization. Ability to manage multiple/conflicting priorities.
      Decipher/Translate advanced materials for non-technical users. Complete given tasks, considering
      appropriate scope with guidance.
    •  Research and Analysis: Performs independently with guidance as needed: Performs clerical duties
      (i.e. processing payments/claims/invoices/mailings). Research accounting/ reporting/ compliance
      issues as needed. Apply financial accounting standards to specific transactions/situations/scenarios.
      Evaluate/Assess/Comply with Internal Controls. Evaluate conclusions for reasonableness by thinking
      about explanations prior to discussion with manager.
    • Collaboration: Identifies a problem and brings it to the attention of manager or lead. Develops
      possible solutions for discussion with manager or lead. Collaborate across departments by seeking
      assistance from Manager or lead prior to reaching out.
    • Quality Improvement: Review work product for accuracy of inputs prior to sending to manager or
      other client. When possible, identify process improvements and bring to the attention of
      management. Understand role and responsibilities; have a basic understanding of how everything fits
      together

Responsibilities

  • Analytical skills: must be able to absorb large amounts of data, reaching sound business conclusions without getting “analysis paralysis”;
  • Advanced data manipulation and Microsoft Excel skills: comfort and competency working with complex/integrated financial models;
  • General business knowledge and resourcefulness; candidate must possess aptitude and acumen necessary to leverage resources across functions of an organization to collect information or develop solutions to problems where definitive answers may not exist;
  • Excellent communication skills: must be adept at presenting his/her ideas or recommendations orally and in writing;
  • Strong interpersonal skills, highly professional demeanor and proven ability to develop and foster strong working relationships;
  • High energy level: someone who understands the urgency of meeting the organization’s needs; a sleeve-up style that is comfortable doing and delegating
  • Responsible to: Manager of Finance, Operational Finance
  • Assignments received from: Department or Clinic Administrators, Physicians or Administrators within Service Lines, Manager of Operational Finance, Director of Finance, VP of Operational Finance, SVP of Operational Finance

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