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Senior Financial Analyst
2 months ago
The Senior Financial Analyst will be responsible for analyzing and providing summary and detail analysis regarding the revenue and expenses of all private clients as well as EngageMED Inc. and be able to help develop budgets, pro formas, forecasts, and projections for these and other entities.
Key Responsibilities- Financial Analysis: Perform revenue and expense analysis and create charts, tables, graphs that explain the relationship between selected items.
- Comparison and Benchmarking: Compare results across providers, clinics, and clients as well as MGMA and HFMA metrics.
- Balance Sheet Reconciliation: Understand the importance of balance sheet reconciliation and tracking open items for proper resolution.
- Financial Reporting: Review financial reports for accuracy.
- Invoice Management: Be able to use digitized invoice storage and retrieval products.
- Client Balance Management: Monitor balances due from clients for proper application of interest and late fees.
- Contract Review: Review client contracts and EngageMED Inc.'s administration of those contracts for compliance.
- Bank Balance Monitoring: Monitor daily bank balances to ensure adequate funds are available.
- Bank Reconciliation: Be able to review bank reconciliations for large or aged outstanding items and suggest appropriate resolution.
- Financial Expertise: The Senior Financial Analyst will have strong Excel skills, including but not limited to the ability to successfully organize, summarize, and present analysis using large data sets, strong written and oral communication skills while maintaining a high level of professional skepticism. Also needs the ability to utilize reporting tools such as Power BI and/or Tableau to design and generate various financial reports.
Bachelor's degree in accounting or finance is required. 5 years' experience in healthcare is desired.
Physical Requirements- Prolonged Sitting: Prolonged periods sitting at a desk and working on a computer.
- Lifting: Must be able to lift up to 15 pounds at times.
- Teamwork: Team player - possess a positive attitude and demonstrates honesty and integrity in all endeavors.
- Financial Acumen: Ability to understand, apply, and analyze financial data.
- Work Ethic: Strong work ethic with the ability to self-start and work independently or as part of a diverse team.
- Attention to Detail: Detail-oriented and organized with the ability to easily identify areas that require improvement.