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Financial Analyst (Research and Sponsored Programs Accounting and Reporting)
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$65k-81k (estimate)
Full Time | Ancillary Healthcare 5 Months Ago
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Allegheny Health Network is Hiring a Financial Analyst (Research and Sponsored Programs Accounting and Reporting) Near Pittsburgh, PA

Company :

Allegheny Health Network

Job Description :

GENERAL OVERVIEW:

Responsible for material accuracy of hospital financial statements. Analyzes financial results, trends, performance metrics and provides root cause analysis to support business decisions. Recommends budget adjustments, and other cost improvement measures.

ESSENTIAL RESPONSIBILITIES:

  • Records, classifies, and summarizes financial transactions and events in accordance with generally accepted accounting principles. Interprets financial transactions and events for users who must make economic or business decisions. (20%)
  • Maintains processes and performs calculations to support the monthly close process and the generation of the monthly financial statements. Provides expertise and education related to budgeting, revenue recognition, and reimbursement. Correlates Revenue/Expense to volumes and prepares reports to assist financial management in assessing financial performance. (20%)
  • Evaluates, updates, and maintains processes in support of regulatory and third party changes, quarterly work papers, annual audits, cost accounting, and third party cost reporting. (20%)
  • Performs detailed variance analysis against budget, forecast, prior periods, or other benchmarks. (20%)
  • Stays abreast of issues impacting the healthcare industry, especially those that have a financial impact to WPAHS. Makes recommendations to Decision Support Management for financial and performance improvement. (20%)
  • Performs all other duties as assigned or required.

QUALIFICATIONS:

Minimum

  • Bachelor's Degree in Accounting, Finance, Business Administration or related field OR 6 years of relevant experience in lieu of a Bachelor's Degree
  • Accounting and budgeting experience

Preferred

  • 1 year in financial analysis
  • Proficiency with spreadsheet applications and database management

Disclaimer: The job description has been designed to indicate the general nature and essential duties and responsibilities of work performed by employees within this job title. It may not contain a comprehensive inventory of all duties, responsibilities, and qualifications required of employees to do this job.

Compliance Requirement : This job adheres to the ethical and legal standards and behavioral expectations as set forth in the code of business conduct and company policies.

As a component of job responsibilities, employees may have access to covered information, cardholder data, or other confidential customer information that must be protected at all times. In connection with this, all employees must comply with both the Health Insurance Portability Accountability Act of 1996 (HIPAA) as described in the Notice of Privacy Practices and Privacy Policies and Procedures as well as all data security guidelines established within the Company’s Handbook of Privacy Policies and Practices and Information Security Policy.

Furthermore, it is every employee’s responsibility to comply with the company’s Code of Business Conduct. This includes but is not limited to adherence to applicable federal and state laws, rules, and regulations as well as company policies and training requirements.

Highmark Health and its affiliates prohibit discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities, and prohibit discrimination against all individuals based on their race, color, age, religion, sex, national origin, sexual orientation/gender identity or any other category protected by applicable federal, state or local law. Highmark Health and its affiliates take affirmative action to employ and advance in employment individuals without regard to race, color, age, religion, sex, national origin, sexual orientation/gender identity, protected veteran status or disability.

EEO is The Law

Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled/Sexual Orientation/Gender Identity ( https://www.eeoc.gov/sites/default/files/migrated_files/employers/poster_screen_reader_optimized.pdf )

We endeavor to make this site accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact number below.

For accommodation requests, please contact HR Services Online at HRServices@highmarkhealth.org

California Consumer Privacy Act Employees, Contractors, and Applicants Notice

Job Summary

JOB TYPE

Full Time

INDUSTRY

Ancillary Healthcare

SALARY

$65k-81k (estimate)

POST DATE

12/24/2023

EXPIRATION DATE

05/16/2024

WEBSITE

ahn.org

HEADQUARTERS

PITTSBURGH, PA

SIZE

7,500 - 15,000

FOUNDED

1892

TYPE

Private

CEO

CYNTHIA HUNDORFEAN

REVENUE

$1B - $3B

INDUSTRY

Ancillary Healthcare

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About Allegheny Health Network

Allegheny Health Network provides health care services in Pittsburgh.

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If you are interested in becoming a Financial Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Financial Analyst for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

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Broadly speaking, a financial analyst works with financial data to help organizations make business decisions.

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They often develop and execute complex methodologies that enable them to generate useful pointers from the financial data and problem statements that their clients provide.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Financial Analyst jobs

To become a senior or junior level financial analyst, one may be required to earn a Master’s of Business Administration.

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Obtaining a finance degree (bachelor’s or MBA) and working towards becoming a financial analyst requires the development of skills, expertise, and specific abilities.

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To be a financial analyst, one should be good with numbers, comfortable presenting research, analytical, and have great ability to research large amounts of data and pay attention to small details.

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Earning a finance degree and taking the steps to become a financial analyst requires specific abilities and the development of specialized skills.

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With relevant work experience and appropriate training, finance students can become equipped to pursue the path of becoming a financial analyst.

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Step 3: View the best colleges and universities for Financial Analyst.

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