drjobs Sr Financial Analyst SJMG

Sr Financial Analyst SJMG

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1 Vacancy
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Job Location drjobs

Towson, MD - USA

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Hybrid Position Monday through Friday In office first 90 days

Support the development of the Medical Groups annual budget conduct variance analysis and prepare monthly financial reports. Work is performed under limited supervision. Direct report to the Vice President of Finance.

The following statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all job responsibilities performed.

  1. Prepare and analyze monthly financial statements including necessary journal entries.
  2. Monitor billing activity develop the annual budget and track revenue and expense variances.
  3. Participate in physician meetings with the Vice President of Finance to include the presentation of financial information. Continuously identify opportunities to optimize revenue and reduce costs.
  4. Calculate monthly and/or quarterly physician incentive compensation using billing/encounter reports.
  5. Assess the costeffectiveness of new services and procedures evaluating thirdparty payments against incremental costs.
  6. Develop financial justifications for staffing changes office expansions and capital equipment acquisitions including lease vs. purchase evaluations.
  7. Generate and distribute monthly dashboards for physicians and practices and maintain data visualizations tracking patient volume.
  8. Benchmark provider productivity compensation and overhead against national regional and internal standards.
  9. Collaborate with senior leadership on business plans and due diligence for practice acquisitions.
  10. Perform other duties as assigned.

Qualifications :

Education & Experience Required

Bachelors degree in Business Administration Finance or related field or the equivalent combination of education training and experience.

3 years of financial analysis experience within a healthcare setting (e.g. hospitals physician groups and incentive compensation.

Experience in budget preparation variance analysis and financial reporting.

Education & Experience Preferred

Masters degree in Business Administration Finance or related field.

Knowledge Skills & Abilities

Familiarity with applicable federal and state laws rules and regulations (e.g. HIPPA etc..

Advanced skill analyzing physician group financials including revenue cycle management cost analysis and incentive compensation calculations.

Advanced skill using data analysis tools (Power BI Tableau etc..

Advanced analytical critical thinking quantitative planning organizational and problemsolving skills.

Effective skill presenting findings conclusions alternatives and information clearly and concisely at all levels within the organization.

Effective skill managing multiple initiatives and meeting changing requirements and priorities to accomplish objectives.

Strong customer service skills.

High level of integrity in handling confidential information.

Exhibit high selfmotivation and ability to work and plan independently as well as in a team environment.

Ability to analyze compare contrast and validate work with keen attention to detail.

Advanced skill in the use of Microsoft Office Suite (e.g. Excel Word PowerPoint).

Advanced verbal written and interpersonal communication skills.


Additional Information :

All your information will be kept confidential according to EEO guidelines.

 Compensation


Remote Work :

Yes


Employment Type :

Fulltime

Employment Type

Remote

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