Financial Analyst (TEMPORARY) in Patient Services Finance

Patient Services Finance is looking for atemporaryemployee to assist for approximately 3-6 months. Typical hours are Mon-Fri 8am-4pm, but can be flexible with start time. The position will work in our Kasota Building at 3244 Burnet Avenue in Cincinnati OH. This is not a remote position.


Responsibilities include compiling month-end financial reportsand other reports throughout the month for Patient Service Departments like: Pharmacy and Home Care Services.


General accounting background and advanced Excel knowledge required. Ideal candidates will have 4-5 yrs of related experience.




Responsibilities:


Provide financial analysis for the business and operations functions of the specified division(s) within a department. Responsible for conducting and document complex financial analysis projects. Identifies trends and developments and presents recommendations about financial data. Conduct and serve as a resource for activities associated with external funded projects. Collaborate with organizational leadership in the execution of projects and business plans. May assist management in the functional leadership of a work team or directly manage a minimal number of support staff.

Financial Analysis
Leads in the development of comprehensive financial models/analyses to support current and proposed business transactions, service offerings, performance improvement initiatives, etc. Prepare utilization analysis and trending and provides recommendations. Identify issues that require additional analysis and develop reporting to support the analysis. Prepare/calculate benchmark statistics related to dept. operations and financial performance. Assist CCHMC leadership in identifying and evaluating opportunities to improve performance. Develop and implement annual and capital budgets. Develop and maintain reporting to provide monthly analysis of variances and to make recommendations. Determine underlying causes of variance and identify, present and implement proposed solutions. Analyze and monitor financial performance and assist in the reporting of financial results. Develop and monitor productivity metrics. Responsible for revenue cycle management including optimizing revenue, ensuring complete and accurate physician and/or hospital billing and compliant coding, monitoring associated charge capture, effective denial management and monthly revenue reporting. Research and resolve payer issues and implement solutions. Participate in projects/initiatives to reduce costs and meet revenue goals.

Skills & Competencies

Effective verbal, written and/or interpersonal communication skills. Proficient in data collection and basic analysis. Ability to compile and display data in easy-to-understand and ready-to-use formats. Using formulas, mathematics, graphs, charts, and tables to solve numerical problems; quickly and efficiently working with numbers; drawing accurate inferences from numerical data. Ability to effectively manage multiple tasks simultaneously. Demonstrates an independent work initiative, sound judgment, diplomacy, tact and professional demeanor. Strong analytical skills with the ability to make judgments and recommendations based on statistical analysis,

Required:
Degree in Accounting/Finance
5 years of relevant experience

Preferred:
Health Care background in Pharmacy Business Operations