Job Description
Job DescriptionSenior Financial Analyst - 12-Month ContractLocation: Suffern, NY (Full-time onsite)
Duration: 12 months
Employment Type: W2 Contract via Staffing Agency
Compensation: $45/hour
Position OverviewWe are seeking an experienced Senior Financial Analyst to apply advanced accounting principles and financial analysis expertise within a large hospital system. This role involves analyzing complex financial information, preparing comprehensive reports, and serving as a subject matter expert for financial systems while supporting strategic decision-making and operational excellence in healthcare finance.
Key Responsibilities
- Financial Reporting & Analysis: Produce, distribute, and present regular reports and ad-hoc analyses including medical practice financials, revenue cycle reporting, and performance statistics
- Revenue Cycle Management: Analyze professional billing revenue cycle including historical and projected payments, billed charges, accounts receivable, payor mix, and billing throughput metrics
- Provider Analytics: Conduct physician and mid-level provider productivity analysis, utilization studies, patient referral tracking, and benchmarking assessments
- Budget Development: Lead annual operating budget development and consult with departmental management on fiscal planning, salary recommendations, and administrative decisions
- System Expertise: Serve as subject matter expert for financial, EMR/billing, and decision support systems including data maintenance, report writing, and query procedures
- Acquisition Support: Assist in due diligence and onboarding processes for new provider and practice acquisitions, including financial performance forecasting
- Database Management: Recommend, develop, and maintain financial databases, software systems, and data filing processes for optimal efficiency
- Revenue Integrity: Perform routine revenue integrity audits and inter-entity expense and revenue allocation analysis
- Contract Management: Maintain portfolio of inter-entity agreements, develop financial models, and forecast agreement impacts
- Strategic Analysis: Perform productivity and financial analyses on new groups to determine compensation structures and forecast performance
Required Qualifications
- Bachelor's degree required (Master's degree preferred)
- 5+ years of healthcare finance experience required
- Advanced Excel proficiency with demonstrated expertise in complex financial modeling
- Healthcare billing and revenue cycle knowledge including professional billing operations
- Knowledge of Generally Accepted Accounting Principles (GAAP) and healthcare finance principles
- Experience with medical practice operations and professional billing systems
- Understanding of physician productivity metrics and healthcare benchmarking
- Strong analytical and critical thinking skills for root cause analysis and solution development
- Excellent written and verbal communication skills for presenting complex financial data
- Experience with budget development and cost control principles
- Ability to work independently and make decisions within scope of responsibilities
- Experience with Access/SQL databases preferred
- Knowledge of Cerner Millennium or other EMR/billing systems preferred
- ERP/Finance systems experience preferred
- Proven ability to obtain, vet, analyze, and summarize data using multiple tools and systems
Ready to drive financial excellence and strategic decision-making in a dynamic healthcare environment? Apply today!
Note: Candidates must be local to the Tri-State area and available for W2 employment. This role requires full-time onsite presence and adherence to healthcare facility policies.
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