Senior FINANCIAL ANALYST

ROLE AND RESPONSIBILITIES

The Senior Financial Analyst will support clients in a variety of financial initiatives, working under the direction of the President or other Finance & Accounting Management. 

CORE FUNCTIONS

  • Evaluates key performance metrics to support value-based contracts, quality measures, gap of care opportunities, patient engagement metrics, and other quality programs and initiatives

  • Produces ongoing financial models to outline the cost of care for clinical networks based on utilization of Healthcare Services by patient population

  • Develop, implement and deliver standardized reports, dashboards, executive-level summary reports and presentations to effectively communicate program performance to operational leaders and stakeholders

  • Works in client-facing roles, providing visibility and recommendations to clients to optimize financial performance

  • Reviews complex financial information and reports to provide accurate and timely financial recommendations to management for decision making purposes

  • Conducts recurring financial reviews with clients to include current trends relative to historical performance, variance analysis & industry benchmarks

  • Develops compensation models based on the inputs provided by clients’ senior management

  • Evaluates managed care agreements and fee schedule analysis to provide recommendations to improve client revenue

  • Creates proformas and financial forecasts to outline future profitability

  • Client support related to various practice management systems and accounting inquiries

  • Ad hoc analysis to provide clients margin analysis, staffing models, and budgeting

  • Completes due diligence for Mergers and Acquisitions

  • Ability to define problems and identify solutions; possess strong time management skills

  • Track and record time spent on client projects

  • Developing and/or improving preliminary deliverables for client engagements

  • Supports the team in producing quality and cost reporting

  • Supports other team members when needed

  • Plan and organize individual/team projects and responsibilities

  • Coordinates with other business owners to plan and complete projects

  • Monitor individual schedule, work priorities and tasks

  • Ability to gain confidence of client personnel

  • Have the ability to collect and organize data to draw valid conclusions with attention to detail

  • Able to collaborate and contribute as a strong team member, and have good communication skills, orally and in writing

  • Ability to communicate the financial performance and recommendations to client senior level leadership

  • Follow guidelines on engagement as established by other team members who are leading the project effort

QUALIFICATIONS AND EDUCATION REQUIREMENTS

  • Bachelor’s Degree required

  • Industry experience is required

  • Minimum 3-4 years prior financial analysis work experience

  • Strong knowledge of Excel & relational databases

PREFERRED SKILLS

  • Knowledge of medical reimbursement methodology

  • Previous experience working with an insurance payer

  • Ability to model recommendations in Tableau or other Business Intelligence Tool


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