Vaco Memphis is assisting our healthcare client in their search for a Financial Analysis Manager.
Overview of Duties: Provide physician practice financial analysis for the organization. Prepares and maintains accurate accounting records using established policies and procedures in order to properly reflect operating results and financial position. Prepares periodic reports interpreting finanical reports, income statements, and key financial and performance metrics. Creates analyses of relative impact of various courses of action. Performs other duties as assigned.
Key Responsibilities:- Provides oversight and department direction to ensure accurate and timely reporting.
- Coordinates with, and supports senior leadership with internal reporting and other operational metrics.
- Works in coordination with corporate accounting to ensure compliance with system wide reporting standards and initiatives.
- Performs oversight and review of analysis on financial and operational data.
- Performs and provides oversight of month end close processes.
- Oversees development of analytics and reporting processes, metrics and benchmark data.
- Provides oversight and prepares financial budgets/forecasts and related sensitivity analysis on the defined financial performance initiatives.
- Provides oversight and demonstrates an ability to evaluate and maintain the proper level of data integrity within the data warehouses of all available financial information systems.
- Provides oversight and demonstrates computer proficiency with all system financial information systems including core transaction systems, decision support system, data warehouse and Financial Application tools to complete internal and external work products.
- Provides oversight and demonstrates the ability to communicate the results and implications of any of the following financial management activities: 1. Monthly Close/GL Reporting 2. Service Line Profitability 3. Cost Accounting 4. Capital Projects 5. Budgets and Financial Plans 6. Special Projects 7. External Benchmarks and Market Data in both written and oral formats.
- Presents findings and recommendations to senior management, performance improvement teams, quality review teams and other stakeholders in a confident, professional manner.
- Completes assigned goals.
- Staff development.
Requirements:- Master's degree in healthcare administration, finance or management preferred.
- Bachelor's degree in finance or accounting required.
- 5 years of experience in finance or healthcare administration required.
- 7 years of experience in finance or healthcare preferred.
- Strong financial management and analytical skills.
- Leadership skills and the ability to lead teams and/or projects across departments or entities.
- Strong computer skillset with Microsoft Office programs, particularly with Excel and experience using reports from health care financial management or clinical systems and database management systems.
- Excellent communication (both written and verbal) and organizational skills.