What are the responsibilities and job description for the Financial Analyst position at Naples Comprehensive Health - NCH?
- DEPARTMENT: 68309 - Administration NPG
- LOCATION: 1100 Immokalee Road, Naples, FL, 34110
- WORK TYPE: Full Time
- WORK SCHEDULE: 8 Hour Day
NCH is an independent, locally governed non-profit delivering premier comprehensive care. Our healthcare system is comprised of two hospitals, an alliance of 700 physicians, and medical facilities in dozens of locations throughout Southwest Florida that offer nationally recognized, quality health care.
NCH is transforming into an Advanced Community Healthcare System(TM) and we’re proud to: Provide higher acuity care and Centers of Excellence; Offer Graduate Medical Education and fellowships; Have endowed chairs; Conduct research and participate in national clinical trials; and partner with other health market leaders, like Hospital for Special Surgery, Encompass, and ProScan.
Join our mission to help everyone live a longer, happier, healthier life. We are committed to care and believe there's always more at NCH - for you and every person we serve together. Visit nchjobs.org to learn more.
Job Summary
The Financial Analyst NCH Medical Group, under limited supervision of the Director of Finance MG provides critical financial support for the Medical Group and designated clinical service lines. Responsibilities include preparation of accurate financial reports, analyzing performance metrics, and assisting with month-end close processes. This role exhibits strong analytical and communication skills, attention to detail, and the ability to work independently.
Essential Duties And Responsibilities
– Other duties may be assigned.
- Prepares monthly and annual variance analysis and reporting.
- Prepares and maintains accurate financial reports for assigned service lines.
- Analyzes revenue, expenses, physician productivity, and contribution margins to identify trends and variances.
- Assists with preparation of monthly journal entries including, but not limited to, physician compensation and contractual reserves.
- Completes monthly balance sheet reconciliations for accounts receivable and reserves.
- Supports the annual budgeting process by gathering data, preparing templates, and validating assumptions.
- Analyzes bad debt allowance, contractual allowance, and net patient revenue.
- Assists in development of dashboards and KPIs for service line monitoring.
- Assists with accounting and financial reporting for joint venture entities, as needed.
- Assists in preparation of year-end audit workpapers and facilitates the resolution of related issues.
- Works on ad-hoc requests as assigned.
- Minimum of Bachelor’s Degree in Accounting, Finance or related field required.
- Minimum of 3 years of related experience required; preferably in hospital/healthcare.
- Strong attention to detail.
- Excellent analytical skills.
- Intermediate to Advanced Excel skills.
- Proficiency in Microsoft Word, Excel, Outlook and financial systems (e.g. Infor, EPIC, Strata, etc.)