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ultraHealth Agency is recruiting for a financial analyst for a Dallas Texas hospital. This is a contract position for 3 months.
One of the primary responsibilities of a hospital financial analyst is to serve as a resource person for standard financial reporting and analysis, ensuring that the organization adheres to its fiscal policies and directives. This involves monitoring and reconciling material contractual arrangements, petty cash balances, and accounts receivable, as well as facilitating corrections to ensure accurate accounting.
Hospital financial analysts play a crucial role in the preparation of the division's annual capital and operating budgets, as well as the monitoring of actual results compared to the budget. They analyze the financial and statistical activities, such as labor costs, productivity, and overall performance, to identify variances and ensure fiscal responsibility. This proactive approach allows them to revise budgets as necessary, keeping the organization on track and responsive to changing financial conditions.
Timely maintenance and distribution of financial and statistical reports, calendars, and listings are essential tasks undertaken by hospital financial analysts. They are responsible for producing comprehensive financial analyses, both in response to specific requests and as part of ongoing monitoring and reporting. These analyses provide valuable insights to division staff, management, and Parkland leadership, enabling informed decision-making and strategic planning.
Hospital financial analysts are not merely number crunchers; they are strategic partners who leverage technology and embrace continuous improvement to enhance the organization's financial operations.
Adept at utilizing financial software and data analysis tools, hospital financial analysts are skilled in extracting, manipulating, and presenting financial data in a meaningful and actionable manner. They leverage technology to automate processes, streamline workflows, and generate insightful reports that support informed decision-making.
Driven by a desire to enhance work processes and improve customer (both internal and external) satisfaction, hospital financial analysts are proactive in identifying areas for improvement. They make recommendations to their supervisors, implement changes, and monitor the results, ensuring that the organization's financial systems and practices remain aligned with its overall goals and mission.
To maintain their position as trusted advisors and financial stewards, hospital financial analysts must continually expand their knowledge and adapt to the evolving landscape of the healthcare industry.
Staying abreast of the latest developments, advancements, and trends in finance and accounting is a top priority for hospital financial analysts. They actively participate in seminars, workshops, and professional organizations, while also reading industry journals to stay informed and integrate new knowledge into their work practices.
Hospital financial analysts must have a deep understanding of the applicable rules, regulations, policies, laws, and guidelines that impact the finance and accounting areas of the organization. They develop effective internal controls that promote adherence to state/federal laws and the program requirements of accreditation agencies, as well as federal, state, and private health plans. By seeking advice and guidance as necessary, they ensure proper understanding and compliance.
Hospital financial analysts are not isolated within their own department; rather, they function as integral members of the broader healthcare team, collaborating with various stakeholders to achieve organizational objectives.
As a resource person for Parkland management, the hospital financial analyst works closely with division staff and leadership to address fiscal and budgetary matters. They serve as a liaison, facilitating communication and providing technical and accounting expertise to ensure alignment and informed decision-making across the organization.
Hospital financial analysts possess a unique blend of financial acumen and healthcare industry knowledge. This versatility allows them to contribute to special projects, respond to ad hoc reporting requests, and provide valuable insights that support the overall goals and mission of the healthcare organization.
The Hospital Financial Analyst is a vital member of the healthcare team, responsible for safeguarding the financial integrity of the organization, ensuring compliance with regulations, and driving strategic decision-making through data-driven insights. By leveraging technology, embracing continuous improvement, and maintaining a deep understanding of the industry's complexities, these professionals play a crucial role in the success and sustainability of hospitals and healthcare systems.
COMPENSATION
Local
Salary: $28 per hour / $1,120 Per Week / $4,480per month
13 weeks contracts
Full Benefits After 60 days
SCHEDULE
SKILLS AND CERTIFICATIONS
EXPERIENCE
ultraHealth Agency Interview process
Other
$83k-101k (estimate)
05/25/2024
06/01/2024
ultrahealthagency.com
Pasadena, CA
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