Financial Analyst

Socket.dev; Sugar Land (TX); On-site; USD 65,000 - 90,000; Full time

Job summary

CommonSpirit Health in Texas is seeking a Financial Analyst to support fiscal health across the organization. You will analyze financial data, communicate findings to stakeholders, and ensure accuracy and compliance in financial processes.

The role focuses on revenue optimization, expenditure control, and strategic planning. Responsibilities include month-end close support, budgeting, variance analysis, and collaboration with auditors and tax processes.

Qualifications

• Bachelor degree in Accounting, Finance, Business or closely related field.
• Five years experience in a finance or accounting position.
• Three years in a hospital setting.

Responsibilities

• Month End Close: prepare journal entries and variance analysis.
• Budgeting: forecast, department budgets, analyze actual vs budget.
• Problem resolution: analyze data and provide recommendations.
• Special projects: gather info, perform analysis, prepare reports.

Skills

Financial analysis

Variance analysis

Financial modeling

Communication

Compliance

Education

Bachelor's degree in Accounting/Finance/Business

Tools

Modeling software

Job description

Where You'll Work

Inspired by faith. Driven by innovation. Powered by humankindness. CommonSpirit Health is building a healthier future for all through its integrated health services. As one of the nation's largest nonprofit Catholic healthcare organizations, CommonSpirit Health delivers more than 20 million patient encounters annually through more than 2,300 clinics, care sites and 137 hospital-based locations, in addition to its home-based services and virtual care offerings. CommonSpirit has more than 157,000 employees, 45,000 nurses and 25,000 physicians and advanced practice providers across 24 states and contributes more than $4.2 billion annually in charity care, community benefits and unreimbursed government programs. Together with our patients, physicians, partners, and communities, we are creating a more just, equitable, and innovative healthcare delivery system.

This role will support our Brazosport, Patients Medical Center, and Sugar Land Facilities in our Texas Market.

Job Summary and Responsibilities

As our Financial Analyst you will apply your financial expertise to support strategic goals and ensure optimal fiscal health across our organization. This pivotal role is essential for maintaining robust financial processes and contributing to sound economic decision-making.

Every day you will analyze critical financial data, interpret complex information, and clearly communicate findings and recommendations to various stakeholders. You will be instrumental in ensuring accuracy and compliance in all financial processes, contributing to our overall operational efficiency and strategic planning. Your work will directly impact revenue optimization and expenditure management.

To be successful in this role, you will demonstrate strong financial analytical skills, meticulous attention to detail, and excellent communication abilities. We are seeking a proactive professional with a solid understanding of financial modeling, reporting, and compliance, capable of guiding informed financial decisions and serving as a trusted resource for financial insights.

• Month End Close Support - Assist in the month end financial close for the hospitals including preparing monthly journal entries, perform financial and variance analysis including expense analysis and revenue analysis. Prepare lead schedules monthly showing drill down on P&L accounts to provide explanation of monthly financial performance.
• Budget Preparation/Support/Monitoring - Prepare financial forecasts using modeling software. Prepare detailed department budgets. Review and analyze actual vs. budgeted performance. Work with departments to develop action plans to reduce budget variances. Prepare analysis of capital projects using modeling software.
• Problem Resolution - Demonstrates ability to see beyond own area/department to broader, total organization needs. Completely analyzes all data and takes all issues into consideration before making recommendations. Handles unanticipated events and crisis situations in a positive, constructive manner. Effectively uses verbal, nonverbal and written communication skills. Suggests new and innovative procedures and ideas on improving job and hospital services. Demonstrates the ability to recognize the practical significance of situations encountered.
• Special Projects - Performs special projects as assigned. Develops complete understanding of the purpose and scope of the project. Gathers and performs analysis of all relevant information. Prepares summary analysis, recommendations and presentation package for review. Performs any necessary follow-up or review.

• Coordination - Coordinate with auditors in performance of annual audits. Coordinate/prepare annual IRS tax returns/forms. Maintains confidentiality of hospital information.

Job Requirements

Required:

• Bachelor Degree in Accounting, Finance, Business or closely related Field

Preferred:

• Five Years experience in a Finance or Accounting Position
• 3 Years in a Hospital Setting