Financial Analyst

CarePoint Health Management Associates; Golden Horseshoe; On-site; CAD 60,000 - 100,000; Part time

Job summary

An established industry player in healthcare seeks a skilled Financial Analyst to join their dynamic team. This role involves monitoring financial data, preparing forecasting reports, and conducting detailed analyses to support strategic initiatives. The ideal candidate will possess a Bachelor's degree in Finance or a related field, with at least 3 years of experience in financial analysis, preferably within a hospital setting. The organization offers a collaborative environment focused on patient care, along with competitive pay and comprehensive benefits, making it an exciting opportunity for professionals looking to advance their careers in the healthcare sector.

Benefits

Competitive pay

Medical insurance

Dental insurance

Vision insurance

401k with Company match

Generous paid time off

Paid Holidays

Tuition Reimbursement

Advancement opportunities

Qualifications

• 3+ years of experience in financial analysis, preferably in healthcare.
• Strong proficiency in financial modeling and data visualization tools.

Responsibilities

• Monitor and analyze accounting allocation and spending data for budgeting.
• Prepare forecasting reports and conduct detailed financial analyses.
• Collaborate with departments to gather data for financial reporting.

Skills

Financial Analysis

Data Analysis

Budgeting

Communication Skills

Financial Modeling

Data Visualization

Education

Bachelor's degree in Finance, Accounting, or Business Analytics

Master's degree (preferred)

Tools

Excel

SQL

Power BI

Job description

About Us

CarePoint Health is one of New Jersey’s leading health care systems comprised of three long-standing and highly-regarded hospitals – Christ Hospital in Jersey City, Hoboken University Medical Center and Bayonne Medical Center. CarePoint united three area hospitals to provide 360-degree-coordinated care by integrating the medical facilities and physician networks associated with these institutions. With over 4,500 employees, CarePoint is the largest private employer in Hudson County, New Jersey and each year provides care to over 300,000 individuals.

CarePoint prides itself on its patient-focused approach to care delivery, with an emphasis on preventative medicine, health education, and disease management. Leveraging its vast network of physicians and healthcare experts, CarePoint is quickly becoming recognized as a leader in the broader healthcare landscape as it pioneers creative solutions to address urgent population health needs.

What You'll Be Doing

• Monitors and analyzes accounting allocation and spending data to determine financial resources required to develop budgets.
• Tracks expenses, inventories, and budget balances. Measures actual performance against budget.
• Prepares forecasting reports and trend analysis. Develops recommendations for budget allocations that conform with budgetary policies and limits.
• Utilizes financial modeling and data analytics tools.
• Knowledge in KPI dashboard.
• Perform detailed financial analysis of hospital operations, including revenue and expense trends, budget vs. actual variances, and key performance indicators (KPIs).
• Utilize advanced statistical and financial modeling techniques to identify opportunities for cost reduction, revenue enhancement, and operational efficiency.
• Assist in the development and maintenance of the hospital's annual budget, ensuring alignment with strategic objectives.
• Support ongoing forecasting efforts to provide timely updates on financial performance.
• Manage financial data collection, validation, and consolidation from various sources, ensuring data accuracy and integrity.
• Create and maintain databases and data visualization tools to facilitate data-driven decision-making.
• Conduct ad hoc financial analyses and scenario modeling to support strategic initiatives.
• Collaborate with other departments, including Revenue Cycle, Operations, and IT, to gather data and insights that contribute to financial analyses and reporting.

What We're Looking For

Per Diem, Day Shift

The successful financial analyst will have at a minimum:

• Bachelor's degree in Finance, Accounting, Business Analytics, or a related field (Master's degree preferred).
• 3+ years of experience in financial analysis and reporting, preferably in a healthcare or hospital setting.
• Strong proficiency in financial modeling, data analysis, and data visualization tools (e.g., Excel, SQL, Power BI).
• Ability to get things done and work independently.
• Excellent verbal and written communication skills.

What We Offer

• Competitive pay
• Medical, dental, and vision insurance
• 401k with Company match
• Generous paid time off
• Paid Holidays
• Tuition Reimbursement
• Advancement and career development opportunities