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Financial Analyst - Budgeting & Reimbursement

White Plains, NY 10601

Department: Finance Job Number: 6173 Pay Rate: $90000-120000 Employment Type: Full Time

Job Description

Our client, a leading community HOSPITAL that has been widely recognized for their exceptional culture, world-class physicians, magnet-designated nurses and passionate employees who make a real difference in their community, is hiring a HEALTHCARE Financial Analyst – Budgeting & Reimbursement (hospital experience). They offer tremendous growth opportunities, great benefits, and flexible work schedules, which is why they are consistently recognized as a Great Place To Work. Join this growing team, reporting to the Budget Manager, the Financial Analyst performs a variety of duties associated with the preparation, monitoring and reporting of the operating and capital budgets. Responsible for the monthly review and analysis of operating results of assigned operational areas. Provides client focused financial and technical support to operations. The ideal candidate will have refined analytical skills and be comfortable manipulating and summarizing observations from large data sets. As well as be extremely well-organized and have excellent time management skills to handle multiple tasks simultaneously, under sometimes tight deadlines. Must be able to work independently on complex projects and act as a finance department liaison across all levels of the organization. 

Responsibilities:

  • Develop an in-depth knowledge of operations and acts in capacity of financial liaison to assigned operational areas.
  • Assist in the preparation, monitoring, and reporting of operating and capital budgets.
  • Analyze and explain expense variances, providing insights and recommendations to improve financial performance.
  • Work with operational teams to identify corrective actions plans and track implementation.
  • Analyze general ledger expense accruals and adjustments for accuracy.
  • Conduct in-depth analysis of expense trends, highlighting key drivers and potential areas for cost optimization.
  • Work closely with cross-functional teams to gather relevant financial information and contribute to strategic decision-making.
  • Support the forecasting process by providing accurate and timely financial data and insights.
  • Develop expertise in various reporting systems and provide simple to complex reports to Management (Syntellis, Infor, Strata).
  • Maintain financial models and reporting tools to improve efficiency and accuracy.
  • Assist in the administration of the performance reporting system and provide support to end users.
  • Collaborate with senior financial planning and budget staff on improving and streamlining departmental processes and reporting.
  • Participate in the development of training materials and presentations for new finance staff as well as operational clients.

Requirements:
  • 2-5 years’ experience in Accounting, Finance, or related field. Hospital/Healthcare experience preferred.
  • Demonstrated knowledge of reporting systems (Syntellis), cost accounting (Strata), and financial systems (Infor), medical record systems (EPIC)
  • Excellent skills in MS Office Suite (Excel, PowerPoint, Word etc.)
  • Knowledge of healthcare systems and business practices.
  • Ability to work independently and collaboratively in a fast-paced environment.
  • Excellent skills in reading, analyzing, and interpreting hospital volume and financial data.
  • Bachelor’s degree in business/Hospital Administration required, Masters preferred.
  • Ability to maintain positive relationships with peers, supervisors, department heads and senior staff.
  • Understand organizational dynamics and ability to lead others toward goal achievement.
  • Ability to understand key issues and synthesize large data sets of complex information to communicate to various audiences.
  • Self-motivated and dynamic individual with the ability to think creatively and work independently on complex projects and complete analysis/projects in a timely manner to meet internal and external deadlines.
  • Strong organizational and prioritization skills; ability to work under pressure to meet multiple deadlines simultaneously, as well as flexible enough to change direction with responsibilities beyond the normal scope as assigned.
  • Exhibit integrity and confidentiality in dealing with information which can be sensitive in nature, including information which may fall under HIPAA regulations.
Salary: $80,000-$119,500. This salary range is not a guarantee. The actual salary will be based on qualifications, experience, and education and could fall outside of this range.  
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Meet Your Recruiter

Nancy Bookchin
Director, Healthcare Recruitment

Nancy is a dedicated recruiter who prioritizes the success of her clients and the career aspirations of her candidates.
Learn more about Nancy, Tal Healthcare Employee Biography

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