Cash Operations Senior Financial Analyst

Commonwealth of VA Careers; Charlottesville (VA); On-site; USD 73,000 - 118,000; Full time

Job summary

A state government agency in Virginia seeks a Senior Financial Analyst for healthcare finance operations. This position involves extensive financial analysis, business process planning, and collaboration across departments. Applicants should have at least 7 years of relevant experience and a Bachelor’s degree, with CPA preferred. The role offers a salary range of $73,445 - $117,520 annually.

Qualifications

• 7 years of relevant experience in finance and accounting.
• CPA preferred.

Responsibilities

• Business process planning related to Patient Financial Services.
• Develop financial and internal control process plans.
• Serve as a resource for process documentation and analysis.
• Support budgeting processes for various departments.
• Perform account reconciliations and trend analysis.

Skills

Financial analysis

Process improvement

Relation with operational departments

Understanding of financial systems

Hyperion

PeopleSoft

Education

Bachelor’s Degree

Job description

The Sr Financial Analyst is a financial accounting generalist position that requires extensive experience in various facets of finance and accounting related to healthcare operations and financial accounting. The role involves providing large-scale analysis on internal control and financial processes, serving as a data interface between traditional back office Finance/IT areas and operational departments. The position demands a thorough understanding of processes and systems across these areas.

Responsibilities include:

1. Business process planning related to Patient Financial Services and Back-Office Accounting, including process development and assessment.
2. Developing financial and internal control process plans in collaboration with the Controller’s Office and Patient Financial Services.
3. Serving as a resource for process documentation, internal control review, compliance, and operational analysis, including collaboration with revenue cycle, reimbursement, and cost accounting teams.
4. Communicating process development, status, and implementation effectively to ensure understanding.
5. Preparing for process implementation within the Controller’s Office, Cashiering, and Patient Financial Services, including related information systems.
6. Decision support and financial data management, with working knowledge of Hyperion and PeopleSoft for analysis and reporting.
7. Customizing data queries and analysis to reflect accurate information for specific issues.
8. Reviewing and improving processes to enhance financial performance and internal controls.
9. Supporting budgeting processes for the Controller’s Office and Patient Financial Services, including development, communication, and analysis of operating and capital budgets.
10. Preparing capital budget requests, analyzing lease vs. purchase scenarios, and coordinating with asset management.
11. Developing and analyzing internal financial reports to ensure data integrity and performance tracking.
12. Performing account reconciliations and variance analysis for financial reporting at the health system level.
13. Leading ongoing analysis of reports, account maintenance, and trend performance.
14. Assessing staffing levels and identifying cost-saving opportunities in supplies and OTPS.
15. Ensuring accuracy and timeliness in revenue and expense recognition and reconciliation processes.
16. Documenting workflows between various billing and cash posting functions, ensuring internal controls.
17. Interfacing with external vendors managing accounts receivable outside of EPIC, such as Inmar and Reimbursement Concepts.
18. Supporting financial, budgeting, and reporting functions for Continuum and Pharmacy, including month-end and year-end closing processes.
19. Other duties as assigned.

Position Compensation Range: $73,444.80 - $117,520.00 Annual

MINIMUM REQUIREMENTS

• Education: Bachelor’s Degree required
• Experience: 7 years relevant experience
• Licensure: CPA preferred

PHYSICAL DEMANDS

This is primarily a sedentary job involving extensive use of desktop computers. Occasional travel may be required for meetings and programs.

The University of Virginia is an equal opportunity employer. All interested persons are encouraged to apply, including veterans and individuals with disabilities. Click here to read more about UVA’s commitment to non-discrimination and equal opportunity employment.