Financial Analysis Consultant

Banner Health; Chicago (IL); Remote; USD 150,000 - 200,000; Full time

Job summary

A leading health care organization is seeking a Finance Analyst to provide financial support for Telehealth and Medical Group teams. The role involves financial reporting, budgeting, and analysis in a remote setting. Candidates should have significant experience in financial management, excellent communication skills, and proficiency in MS Excel. This is an opportunity to impact the health care field positively.

Qualifications

• 7+ years of experience in financial management.
• Ability to work with minimal supervision and prioritize projects.
• Excellent communication skills, both verbal and written.

Responsibilities

• Provide analytical support for financial positioning.
• Lead key financial processes like budgeting and forecasting.
• Ensure regulatory compliance within assigned business units.

Skills

Communication

Analytical skills

Financial management

Team collaboration

Education

Bachelor’s degree in Accounting

Master of Business Administration (MBA)

Tools

MS Excel

Financial software

Job description

Department Name:

AZ East Admin-Region-Clinic

Work Shift:

Day

Job Category:

Finance

Estimated Pay Range:

$35.37 - $58.95 / hour, based on location, education, & experience.

In accordance with State Pay Transparency Rules.

Additional Job Description

Those who have joined the Banner mission come from all walks of life, united by the common goal: Make health care easier, so life can be better. If changing health care for the better sounds like something you want to be part of, we want to hear from you.

As a Finance Analyst, you will be helping support our Telehealth and Banner Medical Group Finance teams, responsible for all of the Banner Medical Group financial reporting for the Medical Group division, along with the annual budget preparation for those entities, monthly variance analysis of results/trend analysis, as well as incentive payment processing. Banner is seeking applicants that have previous experience within a physician/medical group or health care system setting. Knowledge of medical professional billing including an understanding of CPT codes, wRVUs, and billing systems and processes. Expert level knowledge of MS Excel.

The ideal candidate will have experience in physician compensation, finance, or accounting. This individual will be required to work collaboratively with cross-functional teams. Effective communication is essential as this position will be required to efficiently convey complex information to physicians, HR, finance, legal, and operations. The ability to effectively manage stress and prioritize assignments with shifting deadlines will be critical. This is a unique role requiring an individual who is not only analytical and a critical thinker but also comfortable communicating to physicians and medical group leadership (i.e. Senior Directors, CFO, COO, etc.).

Location: Remote

Schedule: Mon-Fri 8-5

At Banner Medical Group, you'll have the opportunity to perform a critical role in the community where you practice. Banner Medical Group provides both primary and specialty care throughout the communities in which Banner Health operates. We do this in a variety of settings - from smaller group practices like our Banner Health Clinics in Colorado and Wyoming, to large multi-specialty Banner Health Centers in the metropolitan Phoenix area. We currently have more than 1,000 physicians and more than 3,500 total employees in our group and are seeking others to enhance our ability to deliver our nonprofit mission of providing excellent patient care.

Position Summary

This position provides analytical support for the financial positioning and future growth of assigned area/region. This position leads in the development, analysis, and preparation of financial plans, reporting and key performance indicators to achieve overall system and entity strategic goals and objectives.

Core Functions

• Provides high level of financial expertise through analysis and interpretation of data gathered for decision support. Gather and challenge assumptions from various multi-disciplinary teams, develop financial proformas, and assist in preparation and presentation of business plans.
• Leads key financial processes within assigned area or region (e.g. operating budgets, forecasting, program reporting and analysis, charge management, cost accounting, decision support, contracting and reimbursement analysis) by coordinating resources and communication and leading process teams.
• Ensures regulatory compliance within the assigned business unit(s). Provides assistance, coordination and education, as necessary to internal customers for compliance within contractual and regulatory requirements.
• Initiates and directs the identification and implementation of operating improvements and efficiencies by identifying important trends and variances through the review of management reports and financial analysis.
• Implements and help guide processes to implement changes based on data. Provides strategic financial guidance based on high level analysis of various data elements.
• Provides direction to coordinate implementation and support for financial systems based software products to enhance current and future system functionality. Develops and presents ongoing financial indicators and education programs based on the needs of assigned business unit(s).
• Prepare accurate and timely management and regulatory reports by accessing information from a variety of sources and utilizing consistent reporting formats and assist in the development of meaningful performance measures.
• Assignments located at various Banner locations will have regional accountability and will provide financial analysis support for multiple facilities within Banner.
• Works on complex problems in which analysis of situations or data requires an in-depth evaluation of various factors. Proven advanced analytical and modeling skills are necessary. Must be able to work with minimal supervision and prioritize multiple projects and use of sophisticated software programs. Exercise judgment within generally defined practices and policies in selecting methods and techniques for obtaining solutions. Position interacts with Regulatory Agencies, Information Services Benefits, Finance and Human Resources ensure timely, accurate and efficient reporting of data and processes. Incumbent must be able to read and understand technical pronouncements, identify compliance issues and make independent decisions. Assignments with in the Western Region will have regional scope and accountability.
  
  

Minimum Qualifications

Requires a Bachelor’s degree in Accounting, Finance or Business Administration or equivalent experience.

Requires a proficiency level typically attained with 7+ years of experience in financial management. Must be able to work with minimal supervision and prioritize multiple projects. Requires excellent human relations skills and the ability to effectively interact and communicate both verbally and in writing with all levels staff and outside professionals.

Must be proficient in the use of sophisticated software programs. Proven advanced, analytical, and modeling skills are necessary. Must possess operational skills and knowledge in healthcare, strong leadership, and confidence.

Preferred Qualifications

Previous supervisory/team leadership experience preferred. Master of Business Administration (MBA) preferred. Experience in healthcare financial management preferred.

Additional Related Education And/or Experience Preferred.

EEO Statement:

EEO/Disabled/Veterans

Our organization supports a drug-free work environment.

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