Financial Analyst

at Highmark Health in Boise, Idaho, United States

Company :

Allegheny Health Network

Job Description :

GENERAL OVERVIEW :

Responsible for material accuracy of hospital financial statements. Analyzes financial results, trends, performance metrics and provides root cause analysis to support business decisions. Recommends budget adjustments, and other cost improvement measures.

ESSENTIAL RESPONSIBILITIES :

+ Records, classifies, and summarizes financial transactions and events in accordance with generally accepted accounting principles. Interprets financial transactions and events for users who must make economic or business decisions. (20%)

+ Maintains processes and performs calculations to support the monthly close process and the generation of the monthly financial statements. Provides expertise and education related to budgeting, revenue recognition, and reimbursement. Correlates Revenue/Expense to volumes and prepares reports to assist financial management in assessing financial performance. (20%)

+ Evaluates, updates, and maintains processes in support of regulatory and third party changes, quarterly work papers, annual audits, cost accounting, and third party cost reporting. (20%)

+ Performs detailed variance analysis against budget, forecast, prior periods, or other benchmarks. (20%)

+ Stays abreast of issues impacting the healthcare industry, especially those that have a financial impact to WPAHS . Makes recommendations to Decision Support Management for financial and performance improvement. (20%)

+ Performs all other duties as assigned or required.

QUALIFICATIONS :

Minimum

+ Bachelors Degree in Accounting, Finance, Business Administration or related field OR 6 years of relevant experience in lieu of a Bachelors Degree

+ Accounting and budgeting experience

Preferred

+ 1 year in financial analysis

+ Proficiency with spreadsheet applications and database management

Disclaimer: The job description has been designed to indicate the general nature and essential duties and responsibilities of work performed by employees within this job title. It may not contain a comprehensive inventory of all duties, responsibilities, and qualifications required of employees to do this job.

Compliance Requirement : This job adheres to the ethical and legal standards and behavioral expectations as set forth in the code of business conduct and company policies.

_As a component of job responsibilities, employees may have access to covered information, cardhold