Financial Analyst

Axelon Services Corporation; New Brunswick (NJ); Hybrid; USD 60,000 - 80,000; Full time

Benefits offered by this job

Hybrid schedule: 3 days onsite, 2 days remote

Business casual dress code

Free onsite parking

Facility-provided equipment for remote work

Shared cubicle workspace when onsite

Job summary

A healthcare service provider located in New Brunswick, NJ, is seeking a Financial Analyst to support reimbursement and budgeting functions. This role involves preparing and analyzing Medicare Cost Reports, monthly financial statements, and assisting with the annual operating budget process. The ideal candidate will hold a Bachelor's degree in Accounting, Finance, or Business, with 2-3 years of experience in a hospital setting. Proficiency in advanced Excel skills is required. A hybrid work model is offered.

Qualifications

• 2-3 years of accounting experience in a hospital setting required.
• Reimbursement experience with Medicare/Medicaid cost reimbursements required.

Responsibilities

• Assist with preparation and analysis of the annual Medicare Cost Report.
• Coordinate physician time studies and maintain cost report schedules.
• Work with department managers to collect and review cost report data.
• Assist with preparation and analysis of monthly financial statements.
• Generate monthly statistical reports for leadership.
• Prepare and analyze IRIS data submissions.
• Support the annual operating and revenue budget process.
• Perform monthly variance analysis and provide budget feedback.
• Maintain the Community Benefit Inventory Social Accountability database.
• Assist with preparation of the annual Medicaid DSH report.

Skills

Advanced Excel skills

Strong analytical skills

Education

Bachelor’s degree in Accounting, Finance, or Business

Tools

Lawson

Axiom budgeting software

Job description

Job Title

Financial Analyst

Location

New Brunswick, NJ

Work Mode

Hybrid

Temp to Hire

Temp to hire

Summary

Support reimbursement and budgeting functions within the Finance Administration department. Prepare and analyze Medicare Cost Reports, budget development, IRIS submissions, monthly statistics, variance analysis, and other financial projects.

Responsibilities

• Assist with preparation and analysis of the annual Medicare Cost Report and New Jersey SHARE report, ensuring timely and accurate submission
• Coordinate physician time studies and maintain cost report schedules
• Work with department managers to collect and review required cost report data
• Assist with preparation and analysis of monthly financial statements and related reports
• Generate monthly statistical reports and prepare comparative reports for leadership and the Board
• Prepare and analyze IRIS (Intern Resident Information System) data submissions and ensure regulatory compliance
• Support the annual operating and revenue budget process, including statistical and revenue schedules
• Perform monthly variance analysis and provide budget feedback to departments
• Maintain the Community Benefit Inventory Social Accountability (CBISA) database
• Assist with preparation of the annual Medicaid DSH (Disproportionate Share Hospital) report
• Support additional financial analysis projects as needed

Requirements

• Bachelor’s degree in Accounting, Finance, or Business required
• Minimum of 2-3 years of accounting experience in a hospital setting required
• Reimbursement experience with Medicare/Medicaid cost reimbursements required

Required Skills

• Strong Excel skills required (advanced Excel skills including V lookups, Excel 365, reverse lookups, entering formulas, sumif, and using the sum function)

Preferred Skills

• Experience with Lawson preferred
• Experience with Axiom budgeting software preferred

Benefits

• Hybrid schedule: 3 days onsite, 2 days remote (possibly going back to 5 days onsite in the future)
• Business casual dress code
• Free onsite parking
• Facility-provided equipment for remote work
• Shared cubicle workspace when onsite