Financial Analyst- Onsite Position

1 month ago

VALHALLA New York, Westchester County, NY, United States WMCHealth Full time


Job Summary: The Onsite Financial Analyst applies principles of accounting to analyze and record financial information and prepare reports by compiling information and utilizing accounting control procedures.





Responsibilities:



· Interact with internal and external parties to produce, distribute, and present both regular reports at fixed calendar intervals and ad-hoc analyzes related but not limited to:



o Medical practice financial.



o Professional billing revenue cycle reporting for historical and projected payments, billed charges, AR, payor mix, billing throughput and other performance statistics.



o Physician and Mid-level provider productivity, utilization, patient referrals, Benchmarking.



o Routine revenue integrity audits.



o Inter-WMC Health Network entity related expense and revenue allocation.



· Serve as a subject matter expert for all financial, EMR/Billing and other decision support systems, including maintenance and delivery of current data download routines, report writing/query procedures, and knowledge of all data elements available.



· Recommend, develop and maintain financial databases, computer software systems and data filing systems and processes.



· Prepare and review budget, revenue, expense, payroll entries, invoices and other accounting documents.



· Review invoices and coordinate payment through Accounts Payable.



· Develop the annual operating budget and consult with departmental management on the fiscal aspects of program planning, salary recommendations and other administrative actions.





· Assist in due diligence and onboarding process for new provider / practice acquisitions.



o Perform productivity and financial analyzes on new groups to determine appropriate compensation and forecast financial performance.



o Coordinate with practice operations and physician leaders to develop and oversee transition plan for capital assets, existing leases, service contracts and vendors.





· Maintain existing portfolio of Inter-WMC Health Entity agreements and develop models for new agreements in order to forecast, track and reconcile financial impact of agreements and communicate with appropriate network finance parties.



· Other regular duties and projects as assigned.a‹a‹a‹a‹a‹a‹





**No remote, no hybrid**







Qualifications/Requirements:



Experience: Healthcare finance experience is highly preferred. **No remote, no hyrbrid**



Education: Bachelors degree, required. Master's degree, preferred.





Licenses / Certifications: N/A







Other:





Special Requirements: Intangibles – The ideal candidate:



· Displays industry specific knowledge and has experience with healthcare finance, medical practice operations and professional billing.



· Knowledge of finance, accounting, budgeting and cost control principles including Generally Accepted Accounting Principles.



· Has demonstrated proficiency in Microsoft Excel. Preferred experience with Access/SQL Databases, Cerner Millennium or other EMR/Billing system, ERP/Finance systems



· Exhibits independent decision making within the scope of job duties.



· Displays critical thinking to proactively diagnose root cause of issues and develop solutions.



· Has the ability to independently obtain, vet, analyze, and accurately summarize data using all tools available.



· Clearly and accurately communicate data, report results, and other findings both in writing and verbally.



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