We are seeking a detail-oriented and highly analytical Financial Analyst with experience in the healthcare or medical industry. The successful candidate will play a critical role in supporting financial planning, analysis, and decision-making processes to drive business success. This role requires a strong understanding of the healthcare sector's unique financial challenges, regulations, and market dynamics.
Key Responsibilities:
Financial Planning & Analysis:
Develop and maintain financial models, forecasts, and budgets tailored to the healthcare industry.
Analyze financial performance and key metrics, identifying trends and areas for improvement.
Reporting & Presentation:
Prepare detailed financial reports, dashboards, and presentations for senior management.
Translate complex financial data into actionable insights to guide strategic decisions.
Healthcare-Specific Financial Tasks:
Evaluate the financial impact of payer contracts, reimbursement rates, and regulatory changes.
Monitor and assess operational costs, including clinical and administrative expenditures.
Support revenue cycle management initiatives, optimizing billing and collections processes.
Market & Industry Analysis:
Conduct research on industry trends, competitor performance, and market opportunities.
Provide insights into the financial implications of emerging healthcare regulations and innovations.
Collaboration:
Work closely with cross-functional teams, including operations, clinical staff, and executive leadership, to align financial goals with organizational strategy.
Partner with stakeholders to streamline processes and ensure efficient resource allocation.
Qualifications and Requirements:
Education: Bachelor's degree in Finance, Accounting, Economics, or a related field. MBA or relevant certifications (e.g., CFA, CPA) preferred.
Experience:
Minimum 3-5 years of experience as a Financial Analyst, with at least 2 years in the healthcare/medical industry.
Familiarity with healthcare-specific financial processes, including payer contracts, regulatory compliance, and revenue cycle management.
Technical Skills:
Advanced proficiency in Microsoft Excel and financial modeling.
Experience with financial software and healthcare-specific systems (e.g., Epic, Cerner, or similar platforms).
Knowledge of healthcare regulations, reimbursement methodologies, and cost structures.
Analytical Skills: Strong problem-solving, data analysis, and critical thinking abilities.
Communication Skills: Excellent written and verbal communication, with the ability to present complex data clearly to diverse audiences.
Attention to Detail: High level of accuracy in financial reporting and analysis.
Preferred Attributes:
Understanding of Medicare/Medicaid reimbursement policies.
Experience with value-based care models or healthcare mergers and acquisitions.
Demonstrated ability to manage multiple projects in a fast-paced environment.
All qualified applicants will receive consideration for employment without regard to race, color, national origin, age, ancestry, religion, sex, sexual orientation, gender identity, gender expression, marital status, disability, medical condition, genetic information, pregnancy, or military or veteran status. We consider all qualif
