What are the responsibilities and job description for the Financial Analyst position at Park Nicollet Health Services?
Job Description
POSITION SUMMARY STATEMENT:
The Financial Analyst serves as a finance liaison for their assigned service line(s). To effectively fulfill their role, the Financial Analyst will be teamed with a Senior Financial Analyst and work with the service line leaders to identify their financial needs and opportunities. Examples of financial needs would include month end variance analysis, accounting system maintenance, analysis of growth opportunities and responding to other requests such as general analysis work, report generation, account hierarchy maintenance, and expense research. The Financial Analyst will help develop the service line’s financial knowledge base and will acquire and maintain knowledge of all systems and processes that impact financial data.
Minimum Qualifications
At HealthPartners we believe in the power of good – good deeds and good people working together. As part of our team, you’ll find an inclusive environment that encourages new ways of thinking, celebrates differences, and recognizes hard work.
We’re a nonprofit, integrated health care organization, providing health insurance in six states and high-quality care at more than 90 locations, including hospitals and clinics in Minnesota and Wisconsin. We bring together research and education through HealthPartners Institute, training medical professionals across the region and conducting innovative research that improve lives around the world.
At HealthPartners, everyone is welcome, included and valued. We’re working together to increase diversity and inclusion in our workplace, advance health equity in care and coverage, and partner with the community as advocates for change.
Benefits Designed To Support Your Total Health
As a HealthPartners colleague, we’re committed to nurturing your diverse talents, valuing your dedication, and supporting your work-life balance. We offer a comprehensive range of benefits to support every aspect of your life, including health, time off, retirement planning, and continuous learning opportunities. Our goal is to help you thrive physically, mentally, emotionally, and financially, so you can continue delivering exceptional care.
Join us in our mission to improve the health and well-being of our patients, members, and communities.
We are an Equal Opportunity Employer and do not discriminate against any employee or applicant because of race, color, sex, age, national origin, religion, sexual orientation, gender identify, status as a veteran and basis of disability or any other federal, state or local protected class.
POSITION SUMMARY STATEMENT:
The Financial Analyst serves as a finance liaison for their assigned service line(s). To effectively fulfill their role, the Financial Analyst will be teamed with a Senior Financial Analyst and work with the service line leaders to identify their financial needs and opportunities. Examples of financial needs would include month end variance analysis, accounting system maintenance, analysis of growth opportunities and responding to other requests such as general analysis work, report generation, account hierarchy maintenance, and expense research. The Financial Analyst will help develop the service line’s financial knowledge base and will acquire and maintain knowledge of all systems and processes that impact financial data.
Minimum Qualifications
- Education, Experience or Equivalent Combination:
- Bachelor’s degree in finance or accounting required.
- Other applicable degrees may be considered, determined by the leader.
- One year experience in finance, accounting, or business-related field
- Extensive experience in developing personal computer spreadsheets and models.
- Knowledge, Skills, and Abilities:
- Strong PC system background with proven proficiency in utilizing spreadsheets and relational database software.
- Education, Experience or Equivalent Combination:
- MBA or CMA is a plus.
- Strongly prefer 1-3 years’ experience in financial analysis and/or accounting, preferably in a healthcare setting.
- Previous experience utilizing Oracle.
- Knowledge, Skills, and Abilities:
- Experience in developing personal computer spreadsheets and models.
- Demonstrated communication and relationship building skills.
- Ability to interact effectively with the rest of the operational analysis team.
- Balance independent thinking with team support
- Prioritize multiple projects.
- Understand accounting methodologies.
- Strong aptitude for systems and data analysis.
- (35%) – Perform analyses:
- Proforma, including capital profitability
- Month end actual performance variance analysis
- Ad hoc analysis at customer’s request
- Data gathering and formatting/interpretation
- (25%) – Support service lines and Finance about forecast process and results.
- (15%) – Provide follow up and resolutions to customer’s requests. (Miscellaneous requests not included elsewhere)
- (15%) – Perform other projects as assigned. May include decision support, program excellence, process improvement projects, and surveys.
- (10%) – Facilitate general ledger and subsystem structure changes, process improvement and process problem identification and resolution.
- (Always) – Facilitate customers in developing their financial knowledge.
- Job description rankings/percentages are intended to reflect normal averages over an extended period of time, and are subject to daily variances. Quality and efficiency standards should at no time be compromised to meet the average expectations expressed above. Job descriptions are subject to change to accommodate organization or department needs.
- Complies with safety instructions, observe safe work practices, provides input on safety issues, and promotes a safe work environment.
- Maintains regular and timely attendance.
- Protects confidentiality.
- Demonstrates participation in and support of the organization's Corporate Integrity Program by participating in compliance-related education and training and complying with the organization's policies and procedures.
- Timely completion of all mandatory education and organizational requirements (i.e., licensure/certification, Employee Health and Wellness requirements, annual training, etc.)
At HealthPartners we believe in the power of good – good deeds and good people working together. As part of our team, you’ll find an inclusive environment that encourages new ways of thinking, celebrates differences, and recognizes hard work.
We’re a nonprofit, integrated health care organization, providing health insurance in six states and high-quality care at more than 90 locations, including hospitals and clinics in Minnesota and Wisconsin. We bring together research and education through HealthPartners Institute, training medical professionals across the region and conducting innovative research that improve lives around the world.
At HealthPartners, everyone is welcome, included and valued. We’re working together to increase diversity and inclusion in our workplace, advance health equity in care and coverage, and partner with the community as advocates for change.
Benefits Designed To Support Your Total Health
As a HealthPartners colleague, we’re committed to nurturing your diverse talents, valuing your dedication, and supporting your work-life balance. We offer a comprehensive range of benefits to support every aspect of your life, including health, time off, retirement planning, and continuous learning opportunities. Our goal is to help you thrive physically, mentally, emotionally, and financially, so you can continue delivering exceptional care.
Join us in our mission to improve the health and well-being of our patients, members, and communities.
We are an Equal Opportunity Employer and do not discriminate against any employee or applicant because of race, color, sex, age, national origin, religion, sexual orientation, gender identify, status as a veteran and basis of disability or any other federal, state or local protected class.