Hiresigma

Sr. Financial Analyst- Physician Services

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Job Location

Columbus, OH, United States

Job Description

TITLE-SR. FINANCIAL ANALYST- PHYSICIAN SERVICES

Location : Columbus, GA

Must-Haves

  • 3 Years Experience in Medical Group Setting under Financial Services

  • Bachelors degree in Accounting or Finance

  • 3 Years of progressive management experience

Nice-To-Haves

  • CPA and/or master’s degree strongly preferred


Job Description

 

  • Administers the general accounting, financial, and statistical reporting functions of the Medical Group in accordance with established policies and accounting procedures.

  • Administers the physician compensation program in accordance with the contract parameters.

  • Develops the annual budget for the Medical Group in accordance with short and long-range plans of the Medical Group and Health System.

  • Continuously review internal controls in the Medical Group and implement enhancements where indicated.

  • Trains subordinates in the above areas and monitors performance to ensure fiscal responsibilities are fulfilled.

  • Assists the VP of Physician Services and Hospital CFO in the development of long and short-range operations plans that may include service demand analyses, resources availability analyses and cost benefit analyses.

  • Prepares cash flow analyses and budget variance analyses.

  • Assists with month end closing as needed.

  • Monitors, interprets, and analyzes Medical Group financial performance in realizing established plans and objectives of the hospital.

  • Identifies and reports undesirable trends and potential business opportunities and makes recommendations for action.

  • Directs the preparation of internal financial reports including work papers for annual financial audit.

  • Assures the timely and accurate preparation of financial reports and assures that the reports reliably reflect the financial position of the hospital.

  • Assumes a lead role in analyzing and exploring means of reducing Medical Group operating costs and increasing revenues based on knowledge of market trends, financial reports, and operating procedures.

  • Responsible for direction and submission on a timely basis all financial data and associated reports required by government and other regulated agencies, public disclosure reports and third-party payor cost reports.

  • Analyzes, accesses, and implements cost accounting rules utilizing appropriate methodologies to accurately capture and maintain procedural costs for Medical Group operations.

  • Educates internal and external customers on the methodologies behind cost accounting data and appropriate usage.

  • Directs financial reporting and analysis utilizing decision support data.

  • Responsible for monthly operating report summary working with VP Physician Services and practice operations team.

 

 

 

Qualifications - External

 

  • A minimum of three (3) years of experience as the senior financial executive in an medical group setting.

  • Minimum of three (3) years of progressive management experience in an investor-owned healthcare organization Required

  • Must be a strong, hands-on, and approachable leader who understands the value of being a team-player and have an outgoing and friendly personality.

  • Must understand how to motivate and inspire staff to achieve optimal results, while keeping employee satisfaction high.

 



Location: Columbus, OH, US

Posted Date: 11/11/2024
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Posted

November 11, 2024

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