Lead Financial Analyst

2 weeks ago

Mobile, Alabama, United States USA Health Full time

Position Overview:

USA Health is dedicated to advancing healthcare along the Gulf Coast, addressing the distinct needs of our community.

At USA Health, we are transforming the landscape of medical care, education, and research to enhance the health of individuals in Mobile and its surrounding areas. Our multidisciplinary team, comprising physicians, advanced care providers, nurses, therapists, and researchers, delivers the region's most sophisticated medical services across various facilities, campuses, clinics, and educational settings. We ensure patients have convenient access to innovative treatments and advancements that foster improved health and overall well-being in our community.

Key Responsibilities:

  • Conduct comprehensive cost-benefit analyses for prospective initiatives, assessing the financial implications of new healthcare programs.
  • Participate in financial audits to ensure compliance and accuracy.
  • Drive data-informed decision-making throughout the healthcare system, leveraging exceptional analytical capabilities and specialized financial knowledge.
  • Support department leadership in adhering to financial objectives and addressing unique fiscal challenges.
  • Perform detailed cost analyses of healthcare services and procedures, identifying direct and indirect costs, allocating overheads, and evaluating cost drivers.
  • Collaborate with finance teams to formulate precise budgets for healthcare services.
  • Forecast future costs and financial performance based on historical data and anticipated changes.
  • Monitor and analyze discrepancies between budgeted and actual costs, providing insights to management for corrective actions.
  • Prepare and present financial reports, summaries, and performance metrics to key stakeholders within the healthcare system.
  • Collaborate with various stakeholders to understand their data requirements and deliver decision support insights to facilitate strategic planning and operational enhancements.
  • Analyze and interpret complex datasets to uncover trends, patterns, and opportunities for process optimization and cost efficiencies.
  • Ensure data accuracy, integrity, and consistency across databases and reporting systems.
  • Develop and maintain standardized reporting templates and financial models for departmental use.
  • Monitor key performance indicators (KPIs) to evaluate departmental performance, generating timely and accurate reports.
  • Identify opportunities to enhance financial processes, contributing to increased efficiency in data analysis and financial management.
  • Serve as the financial expert for specific departments, understanding their unique fiscal challenges and objectives.
  • Work closely with department managers to establish and maintain departmental budgets, financial forecasts, and performance metrics.
  • Conduct financial analyses and variance assessments to identify areas for financial improvement or cost containment.
  • Provide ongoing financial training and support to managers to enhance their financial acumen and decision-making capabilities.
  • Stay informed about industry trends, best practices, and advancements in data analytics and financial management.
  • Engage in project management, particularly in data integration and optimization projects.
  • Utilize data manipulation and analysis tools such as Strata, Excel, SQL, or other analytics software.
  • Exhibit excellent communication skills to convey complex data-driven insights to non-technical stakeholders.
  • Demonstrate strong problem-solving abilities and critical thinking to identify process improvements and operational efficiencies.
  • Work independently and collaboratively within a team environment.
  • Manage training and application of financial tools for all managers as the department expands.

Qualifications:

A Bachelor's degree in finance, accounting, business administration, health informatics, or a related field, accompanied by three years of progressively responsible experience in accounting, financial analysis, or project management. Experience in data analysis and financial decision support within a healthcare context is preferred. A Master's degree in a related field is also preferred.

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