What are the responsibilities and job description for the Financial Analyst position at Pinehurst Medical?
Position Summary:
The Financial Analyst supports the financial information needs for Pinehurst Medical Clinic. These needs include, but are not limited to the following: review of department responsibility reports, review of productivity reports, review of statistical reports, and special financial analysis as needed.
Essential Functions and Responsibilities:
- Responsible for the preparation of departmental and provider productivity reports and related analysis of variances to actual results.
- Provides analytical and consultative support to departmental and service line management and key stakeholders through the evaluation and understanding of how departmental financial & productivity information is integrated into the day-to-day operations of the organization and its service lines.
- Assist with training various team members on the reports produced.
- Involved with the numerous ongoing projects relating to the identification of cost saving opportunities, physician resource utilization analysis, quality/cost analysis.
- Creation and maintenance of various financial and performance dashboards.
- Engage in the various benchmarking activities and other projects as needed.
- Other duties as assigned.
Qualifications:
Education (Including Licenses and Certifications):
Bachelor's degree in Business, Accounting, Finance, Analytics or a related field required or equivalent combination of education and experience.
Experience:
1-2 year's experience as a financial analyst or similar role preferably in Health Care. Proficient with Microsoft Office applications including Microsoft Excel & Microsoft SQL server.
Skills/Abilities:
- Understanding of healthcare operations, including clinical workflows, revenue cycle management, and healthcare regulations (e.g., HIPAA).
- Proficient in software tools such as Microsoft Excel, Microsoft SQL and MicroStrategy or similar.
- Solid understanding of statistical analysis and data mining techniques.
- Experience with healthcare data sources, such as EHR systems, claims data, and financial systems.
- Excellent communication and presentation skills, with the ability to convey complex analytics concepts to non-technical stakeholders.