Financial Analyst II, Physician Finance
Northside Hospitalabout 1 year ago
Atlanta, Georgia, United States
On-site
Full-time
Junior Level (1-3 years)
Job Description
Position Overview
Northside Hospital is award-winning, state-of-the-art, and continually growing. Constantly expanding the quality and reach of our care to our patients and communities creates even more opportunity for the best healthcare professionals in Atlanta and beyond. Discover all the possibilities of a career at Northside today.
Key Responsibilities
- Conducts comprehensive financial analysis with a focus on physician-related metrics. This includes detailed monthly statistical reporting, budget variance analysis, clinical and volume reporting, and other sophisticated financial operational analyses.
- Prepares, analyzes, and oversees detailed physician compensation reports, ensuring the accuracy and timeliness of physician compensation payments while maintaining comprehensive records with detailed diligence on reporting.
- Develops and manages physician practice profit and loss statements, providing strategic insights into practice profitability and identifying opportunities for financial improvement.
- Constructs detailed pro forma financial statements to support new initiatives, expansions, or financial forecasting for physician practices and other healthcare services, utilizing advanced financial modeling techniques.
- Handles ad-hoc financial analysis requests with a proactive and advanced problem-solving approach, ensuring timely and accurate responses to complex financial queries and scenarios.
- Utilizes a variety of financial and analytical tools to complete projects, ensuring data accuracy and consistency, and presents findings and recommendations to management.
- Supports and enhances the finance division's core functions, including cost accounting processes, charge master management, operating and capital budgeting, month-end flexible budgeting, and physician profitability or productivity projects.
- Practices and promotes proper safety techniques in accordance with organizational and departmental policies and procedures, reporting any equipment malfunctions or unsafe conditions immediately to the Manager.
- Mentors and provides guidance to junior financial analysts, fostering a collaborative and educational environment within the finance team.
Required Qualifications
- Bachelor’s Degree in Business or Health Administration.
- Minimum one year of decision support or health care finance experience.
- Demonstrated knowledge of computers and micro computer applications.
- Proficient in using Microsoft Office suite; intermediate level ability with Excel.
- Strong analytical skills with the ability to collect, organize, and analyze significant amounts of information with attention to detail and accuracy.
- Demonstrated communication skills in written reports and oral formats.
- Self-starter with the ability to manage multiple priorities and work with only general supervision on assigned projects and activities.
- Must demonstrate tact and diplomacy in situations of conflict and controversy with excellent communication and presentation skills.
Preferred Qualifications
- Master’s in Business Administration or Health Administration.
- Designation as Certified Public Accountant (CPA).
- Strong knowledge of and experience with databases using SQL or other advanced system languages; adept at creating and managing complex queries.
Required Skills
problem-solving
financial analysis
SQL
advanced Excel
communication
physician compensation analysis
cost accounting
pro forma financial statements
mentoring
data analysis
budget variance analysis
revenue management
financial modeling