Financial Analyst

Highmark Health; Missouri; Remote; USD 60,000 - 80,000; Full time

Job summary

A leading healthcare company is seeking a Financial Analyst to ensure the accuracy of financial statements and support business decisions through detailed analysis. The role involves maintaining financial processes, performing variance analysis, and staying updated on industry issues. Ideal candidates will have a Bachelor's degree in a relevant field or equivalent experience, along with strong accounting and budgeting skills.

Qualifications

• Bachelor's Degree in Accounting, Finance, Business Administration or 6 years relevant experience.
• Accounting and budgeting experience required.

Responsibilities

• Records and summarizes financial transactions according to accounting principles.
• Maintains processes for monthly financial statements and budgeting.
• Performs detailed variance analysis against budget and forecasts.

Skills

Accounting

Budgeting

Financial Analysis

Education

Bachelor's Degree in Accounting

Bachelor's Degree in Finance

Bachelor's Degree in Business Administration

Tools

Spreadsheet Applications

Database Management

Job description

Responsible for material accuracy of hospital financial statements. Analyzes financial results, trends, performance metrics and provides root cause analysis to support business decisions. Recommends budget adjustments, and other cost improvement measures.

ESSENTIAL RESPONSIBILITIES :

• Records, classifies, and summarizes financial transactions and events in accordance with generally accepted accounting principles. Interprets financial transactions and events for users who must make economic or business decisions. (20%)
• Maintains processes and performs calculations to support the monthly close process and the generation of the monthly financial statements. Provides expertise and education related to budgeting, revenue recognition, and reimbursement. Correlates Revenue / Expense to volumes and prepares reports to assist financial management in assessing financial performance. (20%)
• Evaluates, updates, and maintains processes in support of regulatory and third party changes, quarterly work papers, annual audits, cost accounting, and third party cost reporting. (20%)
• Performs detailed variance analysis against budget, forecast, prior periods, or other benchmarks. (20%)
• Stays abreast of issues impacting the healthcare industry, especially those that have a financial impact to WPAHS. Makes recommendations to Decision Support Management for financial and performance improvement. (20%)
• Performs all other duties as assigned or required.

QUALIFICATIONS : Minimum

• Bachelor's Degree in Accounting, Finance, Business Administration or related field OR 6 years of relevant experience in lieu of a Bachelor's Degree
• Accounting and budgeting experience

Preferred

• 1 year in financial analysis
• Proficiency with spreadsheet applications and database management

Highmark Health and its affiliates prohibit discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities and prohibit discrimination against all individuals based on any category protected by applicable federal, state, or local law.

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Financial Analyst • MO, Working at Home, Missouri