What are the responsibilities and job description for the Senior Financial Analyst position at Lumexa Imaging?
The Senior Financial Analyst (SFA) serves as a key partner to the Finance team, responsible for delivering timely, accurate financial insights and analytics. This role combines traditional FP&A responsibilities with deep expertise in the physician compensation model, supporting both strategic decision-making and operational execution.
The position will perform financial reporting, budgeting, forecasting, and ad-hoc analysis while acting as the backup subject matter expert for physician compensation, including modeling, physician payroll, earnings calculations, and related accounting activities for approximately 150 physicians.
The Senior Financial Analyst will be required to sit onsite at our office in Buffalo, NY.
Key Responsibilities
Financial Reporting & Analysis
- Review monthly financial results and key operational metrics
- Perform variance and trend analysis; clearly explain drivers of changes
- Develop and maintain financial models linking operational and financial performance
- Partner with stakeholders (Operations, Revenue Cycle, Accounting, HR) to:
- Enhance benchmarking
- Build dashboards and reporting tools
- Translate financial data into actionable insights for leadership
Budgeting & Forecasting
- Support the annual budgeting & forecast processes, including revenue, labor expense, physician compensation and FTE projections
- Participate in annual budget development, aligning financial planning with strategic priorities
- Identify, quantify, and communicate:
- Risks
- Opportunities not reflected in forecasts/budgets
- Consolidate and present results to leadership
Ad-Hoc Analysis & Strategic Support
- Support Denovo activity, including:
- Financial modeling
- Financial statement review
- Prepare reporting and presentations:
- Assist with monthly business reviews
- Conduct ad-hoc analysis and special projects as needed
Physician Compensation
- Serve as the backup subject matter expert for physician compensation
- Calculate and validate monthly physician earnings for payroll processing
- Develop and maintain monthly and quarterly compensation models
- Interpret and apply physician employment contracts
- Maintain:
- FTE schedules
- Compensation structures
- Expense allowances
- Prepare compensation and fringe-related journal entries
- Review and reclass compensation-related expenses booked by other teams
- Provide documentation and support for external audits (quarterly physician comp audits)
- Respond to physician inquiries regarding compensation
Qualifications
Education
- Bachelor’s degree in Finance, Accounting, or related field
Experience
- 5–8 years in FP&A, financial analysis, or corporate finance
- Demonstrated experience with:
- Compensation modeling
- Financial planning & analysis
- Accounting and journal entries
- Experience working with large datasets, financial systems, and reporting tools
Skills & Competencies
- Advanced/expert Excel skills (modeling, large data sets, automation preferred)
- Strong financial modeling and analytical capabilities
- Exceptional attention to detail and accuracy
- Ability to interpret complex contracts and translate into financial outputs
- Strong communication skills:
- Ability to simplify complex financial information
- Comfortable presenting to senior leadership
- Experience with enterprise systems and data warehouses
- Highly organized with strong follow-through on deliverables
- Ability to manage multiple priorities in a dynamic environment
- Proven ability to handle highly confidential information with discretion
- Collaborative mindset with cross-functional partnership experience
Role Mix
- ~70–80% Traditional FP&A functions
- ~20–30% Physician Compensation
Success Profile
This role is ideal for someone who:
- Thrives in a detail-intensive, high-accountability environment
- Can operate at both: Strategic level (executive insights, modeling) & Operational level (calculations, reconciliations, journals)
- Is comfortable acting as the “owner” of a highly visible financial process (compensation)
- Can bridge finance, operations, HR, and physician stakeholders