Financial Analyst
Position Type : temp-to-hire | 100% in-office
Location : Valhalla, NY
Salary Range : $80K - $100K
Position Summary
The Financial Analyst applies principles of accounting to analyze and record financial information and prepare reports by compiling information and utilizing accounting control procedures.
Primary Responsibilities
Reporting & Analysis
- Produce, distribute, and present both regular reports at fixed calendar intervals and ad-hoc analyses related to medical practice financials, revenue cycle performance, and operational metrics
- Deliver professional billing revenue cycle reporting including historical and projected payments, billed charges, accounts receivable, payor mix, billing throughput, and other performance statistics
- Conduct physician and mid-level provider productivity and utilization analyses, including patient referral tracking and benchmarking activities
- Analyze inter-entity expense and revenue allocation
- Serve as a subject matter expert for financial, billing, and decision support systems
- Maintain and enhance current data download routines, report writing / query procedures, and documentation of available data elements
- Recommend, develop, and maintain financial databases, computer software systems, and data filing systems and processes
- Prepare and review budget, revenue, expense, and payroll entries, invoices, and other accounting documents
- Review invoices and coordinate payment processing through accounts payable
- Develop annual operating budgets and consult with departmental management on fiscal aspects of program planning and salary recommendations
- Assist in due diligence and onboarding processes for new provider and practice acquisitions
- Perform financial analyses on new groups to determine appropriate compensation structures and forecast financial performance
- Coordinate with operations and leadership to develop and oversee transition plans for capital assets, existing leases, service contracts, and vendor relationships
- Maintain portfolio of inter-entity agreements and develop financial models for new agreements to forecast, track, and reconcile financial impact
Required Qualifications
Bachelor's Degree (required) | Master's Degree would be a plusAccounting or financial analysis experienceHealthcare industry experience would be ideal, but not requiredAdvanced Excel skills required - pivot tables, VLOOKUPs, etc.