Financial Analyst

Job Description Summary

The Financial Analyst coordinates, reconciles, and manages activities of the financial systems applications. Works with the hospital chargemaster team to develop, price and manage the hospital’s chargemaster.

Entity

Medical University Hospital Authority (MUHA)

Worker Type

Employee

Worker Sub-Type

Regular

Cost Center

CC004869 ORBG - Accounting & Finance

Pay Rate Type

Salary

Pay Grade

Health-26

Scheduled Weekly Hours

40

Work Shift

Job Description

Job Summary:

Coordinates, reconciles, and manages activities of the financial systems applications. Works with the hospital chargemaster team to develop, price and manage the hospital’s chargemaster.

Minimum Qualifications:

Bachelor's degree in accounting, MIS, finance, or equivalent required. Five years’ experience in healthcare financials, annual budget, cost accounting, report writing, and accounts receivable preferred. Solid knowledge of managed care contracts is preferred. Must be proficient in Microsoft products (Word, Excel, PowerPoint, etc.).

Job Responsibilities:

• Under general supervision, create and maintain financial reports to support market operations.

• Coordinate internal and external benchmarking data to improve productivity, reduce costs and optimize revenue to further the goals and objectives of hospital administration.

• Assist in the management of special projects, creation of staffing grids and budgets, all procurement activities, legal documents, as well as processing major capital purchases.

• Assist with analyzing business users’ needs to assess technical feasibility and solutions.

• Assist with translating business requirements into functional specifications and managing changes.

• Assist with estimating the amount of analysis and development effort needed based on requirements.

• Develop technical documentation (designs, specifications, processes, workflows) and communications.

• Prepare weekly reports, monthly reports and provide information relating to the cost accounting application.

• Assist in the training and onboarding of new leaders to ensure understanding of financial performance and management.

• Performs other and related duties as assigned or requested

Physical Requirements:

Ability to perform job functions while standing. (Continuous)

Ability to perform job functions while sitting. (Continuous)

Ability to perform job functions while walking. (Continuous)

Ability to climb stairs. (Infrequent)

Ability to work indoors. (Continuous)

Ability to work outside in temperature extremes. (Infrequent)

Ability to work from elevated areas. (Frequent)

Ability to bend at the waist. (Continuous)

Ability to twist at the waist. (Frequent)

Ability to perform gross motor activities with fingers and hands. (Continuous)

Ability to perform repetitive motions with hands/wrists/elbows and shoulders. (Continuous)

Ability to fully use both legs. (Continuous)

Ability to use lower extremities for balance and coordination. (Frequent)

Ability to reach in all directions. (Continuous)

Ability to see and recognize objects close at hand or at a distance. (Continuous)

Ability to match or discriminate between colors. (Continuous)

Ability to determine distance/relationship between objects; depth perception. (Continuous)

Good peripheral vision capabilities. (Continuous)

Ability to maintain hearing acuity, with correction. (Continuous)

Ability to deal effectively with stressful situations. (Continuous)

Ability to work overtime as required. (Frequent)

Mental Requirements:

Must possess the ability to read and interpret business or safety manuals, clinical or technical procedures or regulations. Ability to write reports, correspondence and/or manual. Ability to effectively present information and respond to questions from groups, patients, families, other employees and medical staff.

Ability to perform more complex math functions (add, subtract, multiply and divide) to include

calculating percentages, averages, volume, ratio and interpreting graphs - using numbers,

money and units of measure.

Ability to apply common sense understanding to carry out instructions furnished in written, oral or

diagram form. Ability to deal with problems involving concrete variables and standardized

situations.

Age Groups:

This position primarily interacts with all ages and does not provide direct patient care. All staff members must be able to demonstrate the knowledge and skill necessary to meet the physical, psycho/social, educational, safety, and related needs of the persons in the assigned work area.

Additional Job Description

Minimum Qualifications:

Bachelor's degree in accounting, MIS, finance, or equivalent required. Five years’ experience in healthcare financials, annual budget, cost accounting, report writing, and accounts receivable preferred. Solid knowledge of managed care contracts is preferred. Must be proficient in Microsoft products (Word, Excel, PowerPoint, etc.).

If you like working with energetic enthusiastic individuals, you will enjoy your career with us!

The Medical University of South Carolina is an Equal Opportunity Employer. MUSC does not discriminate on the basis of race, color, religion or belief, age, sex, national origin, gender identity, sexual orientation, disability, protected veteran status, family or parental status, or any other status protected by state laws and/or federal regulations. All qualified applicants are encouraged to apply and will receive consideration for employment based upon applicable qualifications, merit and business need.

Medical University of South Carolina participates in the federal E-Verify program to confirm the identity and employment authorization of all newly hired employees. For further information about the E-Verify program, please click here: http://www.uscis.gov/e-verify/employees