Compensation: $65,934.73 - $82,470.41 annual salary (based on years of experience)
Summary:
The Senior Healthcare Financial Analyst role is primarily to support the Director of Finance and CFO regarding reporting and budgeting Revenue Cycle results for the Clinic. This individual will be reconciling the information from the Business Office and the information from the Operations team to understand what is happening and recommend options for improvement. Support the Operations teams and other department heads in developing both operational and capital budgets and working with them to improve their processes. Also, the Healthcare Business Analyst will assist in developing financial and strategic plans for the organization and work to develop possible solutions to improve income and manage expenses.
Principal Responsibilities:1. Will participate and maintain a culture within The Corvallis Clinic that is consistent with the content outlined in the Service and Behavioral Standards document. To this end, employee will be expected to read, have familiarity, and embrace the principles contained within.
2. Helps to formulate long term financial and strategic plans.
3. Works with department heads to build their annual budgets and forecasts.
4. Reviews and prepares journal entries and facilitates other accounting functions as needed.
5. Acquires data from primary and secondary sources and maintain data bases / data systems.
6. Analyzes financial and operational results to better understand company performance.
7. Utilizes BI tools to deliver meaningful insights into business performance.
8. Provides detailed analysis and commentary on departmental results.
9. Prepares business cases to support new investment, strategic and other business decisions.
10. Reviews existing processes and procedures to develop recommendations for improvement efforts.
11. Evaluates previous budgets, expenditures to develop and implement future budgets.
12. Communicates results and recommendations for improvements that will lead to cost reduction, revenue generation and streamlining operations.
13. Provides insights around financial modeling, forecasts, and profitability.
14. Supports data collection, analysis, and evaluation of business metrics to drive process improvement and ensure business success.
15. Participates in all phases of the Revenue Cycle for the Clinic.
16. Works collaboratively with all groups within The Corvallis Clinic.
17. Performs additional tasks and take on additional duties as assigned or needed.
Education, Licensure and Experience:1. High school diploma or equivalent required.
2. A combination of education and experience are required:
a. Bachelor’s degree and minimum three - five (3-5) years’ experience in business administration, finance, accounting, healthcare analyst role with complex financial modeling, forecasting, and data analytics.
or
b. Master of Business Administration degree and two - four (2-4) years’ experience in business administration, finance, accounting, healthcare analyst role with complex financial modeling, forecasting, and data analytics.
Knowledge and Skills:1. Experience with analytical modeling and accounting.
2. Thorough knowledge of accounting principles, standards, and techniques, as well as calculating budgets, cost analysis and reduction
3. Significant analytical skillset, including the utilization of BI and reporting tools.
4. Ability to solve complex problems and exhibits critical thinking.
5. Excellent communication skills with ability to build relationships, be flexible and thrive in a team environment.
6. Ability to communicate with all levels of management and providers required.
7. Knowledge of CPT and ICD-9 coding, RVU’s and contract analysis
8. Advanced computer software skills, including writing macros in Excel and other accounting packages considered a plus.
9. Self-motivated and strong initiative
10. Strong organizational skills and ability to multi-task.
Perks and Benefits: Work-life balance is a top priority at The Corvallis Clinic 7 holidays + 2 floating holidays = 9 Paid Holidays! Early release on Christmas Eve and New Year's Eve Generous Personal Leave Accrual Benefits: Medical w/ HSA or HRA, Dental, Flexible Spending Acct (FSA) Employer contribution to HSA and HRA (when enrolled in Medical Plan) Employer paid Long Term Disability (LTD), Basic Life/AD&D, Employee Assistance Program (EAP) Voluntary Benefits (Vision, Life Insurance and AD&D, Pet Insurance, Aflac, Legal Shield) Retirement - 401k eligible and auto enrolled after 90 days, 100% vested from day 1, with discretionary clinic match after 1 year (w/hours requirement) and discretionary Profit Share after 2 years (w/hours requirement). Pay on Demand (up to 2x per month) Casual Fridays (with clinic approved attire) Year-round employee engagement events and festivities Team centered culture, delivering exceptional medical care with compassion and a commitment to service.