Job Description
You belong at St. Luke’s: Our family celebrates and supports you and encourages you to grow. Our family is there for you on the good days, the challenging days and everything in between. Join the St. Luke’s family, and see how you can be part of making life better for our patients, their families and each other. Description:
The Financial Analyst provides financial decision support information to St. Luke's management and assists with the implementation of identified opportunities. Performs duties and responsibilities in a manner consistent with our mission and values.
Principle Accountabilities: % Of Time Spent
1. Compiles and analyzes financial information. Develops integrated revenue and expense analyses, projections, reports and presentations. Creates and analyzes monthly, quarterly and annual reports and ensures financial information has been recorded accurately. Identifies trends and developments in competitive environments and presents findings to senior management. Performs financial forecasting. Familiar with standard concepts, practices and procedures within a particular field. Relies on experience and judgment to plan and accomplish goals. Performs a variety of tasks. Works under general supervision. A certain degree of creativity and latitude is required. 20%
2. Accesses and interprets appropriate financial data for purposes of identifying financial performance improvement opportunities.(cost savings and revenue enhancement opportunities) Develops information and creates timely and managerially useful reports based on relevant and accurate financial and clinical data. Produces administrative-level summaries that provide concise information for use in decision making. Provides recommendations for changes in processes or practices that optimize efficiencies and/or reduces the total cost of delivering health care services at St. Luke's. 20%
3. Performs clinical service line analysis to assist with strategic and business line planning for the organization. Produces annual clinical service line financial performance review and on-going related analysis. Performs CSL related analysis for hospital administrators and management. Takes initiative to educate management and ensure optimal use of CSL Data. 10%
4. Leads capital planning process through coordination of the capital budget, assessments of planned capital expenditures and CON reporting. 15%
5. Performs data extraction and prepares financial models to support the managed care contracting process. Performs revenue enhancement projects, including review of historical reimbursements as well as newly identified initiatives. 15%
6. Designs and implements special projects as assigned 20%
Total: 100%
Experience:
Bachelor of Science degree in business, accounting, management engineering or related field required. Minimum of three years of finance/accounting experience with emphasis in financial analyses. Must be proficient with MS Office products. Other computer applications such as EPSi or HBOC/Trendstar expertise helpful. Strong written and oral communication skills essential.
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