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Job Requirements of Senior Financial Analyst:
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Employment Type:
Full-Time
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Location:
Brentwood, TN (Onsite)
Do you meet the requirements for this job?
Senior Financial Analyst
Passionate,driven people dedicated to making a difference in healthcare.
SpecialtyCare isa leading provider of clinical services to hospitals. We partner with hospitalsto drive, sustain, and accelerate high performance. We offer a portfolio ofsolutions that include neuromonitoring, perfusion, surgical assist,autotransfusion, minimally invasive surgical support, and sterile processing.SpecialtyCare's clinicians focus their efforts to improve operationalefficiencies, improve outcomes, and maintain exceptional levels ofsatisfaction. We compete on results.
THEOPPORTUNITY
TheFinancial Analyst is responsible for preparing analysis and financial modelsfor existing and new business as well as preparing reports related to existingaccounts receivable and third party billing.
ESSENTIALJOB FUNCTIONS
- Provideall financial support for contract renegotiations and repricing for anyassigned hospitals on an as needed basis including:
- Providingfinancial history (where available) that includes contribution margin,procedure counts, equipment listings, sales analysis and staffing estimates.
- Complete"first pass" of the financial projection model based on historical information.
- Work withkey negotiator to develop pricing strategy and forecasts financial outcomesbased on pricing and cost assumptions.
- Work withkey negotiator and contract administrator to ensure contract reflectsSpecialtyCare's pricing strategy.
- Performmonthly operational reviews with key negotiators to identify the key drivers ofvariances in financials as compared to budget
- Recommendand suggest improvements in pricing, staffing, use of materials, etc that woulddrive company-wide financial improvement.
- Providefinancial analysis support for senior leaders.
- Compilebusiness reviews to Operations for presentation to hospital leadership.
- Performad hoc corporate statistical and financial analysis as required by management.
- Performfinancial analysis and financial projections for new business opportunities.
- Preparetrend analysis on cash collections and procedure counts from third partybilling (TPB).
- Preparesupporting documentation and analysis for TPB related hospital contracts.
- Performanalysis related to TPB hospital contract provisions, such as cash collectionsor revenue guarantees, and four month look-back provisions for rebillinghospitals.
- Assist incompilation of third party accruals based on knowledge of contracts with bothfacilities and payers.
- Assistwith preparation of the annual budget that meets the organization's financialtargets.
- Lives theSpecialtyCare Values - Integrity, Respect, Teamwork, Sense of Urgency,Continuous Improvement, & Accountability
- Otherduties as assigned.
QUALIFICATIONS
Bachelor'sdegree in a related field.
One (1)to two (2) years of related experience.
Experienceworking at an intermediate to advanced level in Excel.
Experienceworking with PeopleSoft helpful.
Equivalentcombination of education and experience.
SpecialtyCareis an Equal Opportunity and Affirmative Action Employer
Employmentwith SpecialtyCare is at-will
SCCorp
Recommended Skills
- Accounts Receivable
- Billing
- Business Process Improvement
- Clinical Works
- Finance
- Financial Analysis
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Job ID: l7xdisv
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