What are the responsibilities and job description for the Financial Analyst- Full Time position at SHERIDAN COMMUNITY HOSPITAL?
Position: Financial Analyst
Reports To: Controller
Schedule: Full-time
Position Location/Department: Accounting
About Us:
Sheridan Community Hospital is a vital healthcare resource in our rural community, providing compassionate, patient-centered care in a Critical Access Hospital setting. Our dedicated staff take pride in delivering high-quality services with a personal touch, ensuring our patients receive the care they need close to home.
Job Summary:
Financial Analyst will be responsible for analyzing financial data, managing budgets, and forecasting trends, labor productivity to support decision-making, improve the financial performance, efficiency, and strategic financial planning of the SCH Hospital and Clinics.
Essential Duties and Responsibilities:
- Financial Reporting and Analysis: Prepare monthly, quarterly, and annual financial reports, variance analyses, and profitability studies.
- Budgeting and Forecasting: Assist in the development of annual operating budgets, departmental forecasts, and long-term financial plans.
- Cost Management and Efficiency: Analyze expenses, identify cost-reduction opportunities, and evaluate the financial impact of operational changes. Hospital Medicare/Medicaid Cost reporting knowledge an added advantage
- Strategic Planning and Modeling: Create financial models for growth initiatives, service line expansions.
- Benchmarking and Data Mining: Utilize tools like SQL, Excel, and BI software (e.g., Tableau, Power BI) to extract data from financial systems (e.g., EPIC, Lawson) to compare performance against industry standards.
- Compliance: Ensure financial records adhere to regulatory standards and policies, including Medicare/Medicaid requirements.
- Other duties as assigned
Qualifications:
Education, Experience and Other Requirements:
- Education: Bachelor’s/Master’s degree in finance, Accounting, or Economics
- Technical Skills: Advanced proficiency in Microsoft Excel (pivot tables, modeling), SQL for data querying, and experience with BI tools.
- Experience: 5 years’ progressive experience in healthcare financial Accounting or hospital/Healthcare operations, in a similar role. Extensive Knowledge in Healthcare reimbursement, developing trends and policy changes, preferably in Hospital setting.
- Analytical Abilities: Strong ability to interpret complex data, identify trends, and translate financial concepts for non-financial stakeholders.
- Proficient in all Microsoft Office applications
- Strong interpersonal and organizational skills.
- Strong analytic skills and detail orientated.
- The ability to work in a fast-paced environment.
Why Join Us
- Make a meaningful impact in a rural, critical access setting
- Work closely with dedicated physicians and care teams
- Full-time position with stability and purpose