Financial Analyst

Medical College of Wisconsin; Tennessee; Remote; USD 69,000 - 88,000; Full time

Job summary

A leading healthcare institution is seeking a Financial Analyst. This fully remote role supports financial and operational analysis in clinical practices. Candidates must hold a Bachelor's degree with 5 years of experience in healthcare finance. Proficiency in SQL and advanced Excel skills are necessary. The position offers competitive salary and a comprehensive benefits package, including healthcare coverage and tuition reimbursement.

Benefits

Outstanding Healthcare Coverage

403B Retirement Package

Competitive Vacation and Paid Holidays

Tuition Reimbursement

Paid Parental Leave

Pet Insurance

On-campus Fitness Facility

Qualifications

• 5 years in a Healthcare Finance or Financial Environment.
• Experience in financial/business process improvement preferred.
• Prior experience in the Healthcare Industry is a plus.

Responsibilities

• Perform financial analyses and report on data trends.
• Write queries using SQL and other tools.
• Assist in analyzing aspects of clinical practice.
• Prepare timely and accurate reporting for leadership.

Skills

Analytical skills

SQL proficiency

Financial reporting

Interpersonal skills

Problem-solving

Proficiency in Excel

Creative thinking

Adaptability

Education

Bachelor's Degree

Master's in Business Administration

Tools

SQL

Microsoft Excel

Cognos

Crystal Reports

Job description

Position Description:

The role of Financial Analyst in the department of Clinical Practice Services requires a combination of business-related analytic skills to perform basic-to-complex financial analyses, programming skills, and technical and operational knowledge of health care revenue cycle. This role provides financial and operational analysis to multiple stakeholders and is part of a team responsible for the MCW CPS Data Warehouse, which is the general ledger, financial reporting, and analytic platform for clinical revenue cycle across multiple billing systems. Additionally, it supports reporting and analytics related to financial operations, provider productivity, denials management, and ad hoc financial duties as assigned.

This role is 100% remote for the following states: WI, AZ, FL, IL, IN, MD, MI, MN, MO, NC, TN, TX, & UT.

Responsibilities:

• Performs basic-to-complex financial analyses, reporting and manipulation of data, identifying and communicating trends, risks, and opportunities, and outlying variances.
• Responsible for writing queries using SQL, Cognos, Crystal, or equivalent tools to fulfill complex ad hoc requests and provide financial interpretation, analysis, and market-based information to multiple stakeholders.
• Assist in analyzing various aspects of the clinical practice, including benchmarking key indicators, billing and collection analysis, denials analytics, and revenue optimization
• Prepares timely and accurate reporting in support of practice and clinical department leadership.
• Assists management with analysis and implementation of financial/business process improvements related to clinical revenue cycle.
• Supports the development and review of practice and department clinical revenue initiatives.
• Prepare ad hoc requests as assigned.

Knowledge - Skills - Abilities:

• Clear and concise written, verbal, and interpersonal skills
• Comfortable with presenting analyses/findings to large groups and executive leadership
• Experience working with various stakeholders and various levels of management
• Strong analytical and problem-solving skills
• Ability to effectively manage large quantities of disparate information
• Intermediate-to-Advanced Microsoft Office Skills including Excel and PowerPoint and SQL, Cognos, Crystal and/or equivalent tools.
• Experience in a nimble, complex financial environment
• Experience in financial/business process improvement preferred but not required
• Positive Attitude
• Willingness to Learn
• Sees Problems as Opportunities to Grow
• Identifies as a Creative Thinker and Self Starter

Preferred Schedule:




Full-time role with expectations for coverage during core business hours and flexibility required as necessary to accommodate business needs.

Position Requirements:

Minimum Qualifications:
Appropriate experience may be substituted for education on an equivalent basis
Minimum Required Education: Bachelor's Degree
Minimum Required Experience: 5 years in a Healthcare Finance or Financial Environment

Preferred Qualifications:
Preferred Education: Master's in Business Administration
Preferred Experience: Previous Experience in the Healthcare Industry, Clinical Revenue Cycle Operations and/or Analytics, Epic reporting
Preferred Certification/Licensure(s): Epic reporting certification preferred

Target salary range for this position is between $69,400.00 and $87,800.00 annually. The final offered salary will depend on the applicant's education, experience, skills, and knowledge, as well as considerations of internal equity and market alignment.

#LI-RT1

Why MCW?

• Outstanding Healthcare Coverage, including but not limited to Health, Vision, and Dental. Along with Flexible Spending options
• 403B Retirement Package
• Competitive Vacation and Paid Holidays offered
• Tuition Reimbursement
• Paid Parental Leave
• Pet Insurance
• On campus Fitness Facility, offering onsite classes.
• Additional discounted rates on items such as: Select cell phone plans, local fitness facilities, Milwaukee recreation and entertainment etc.

For a full list of positions see: www.mcw.edu/careers

For a brief overview of our benefits see: https://www.mcw.edu/departments/human-resources/benefits

MCW as an Equal Opportunity Employer and Commitment to Non-Discrimination



The Medical College of Wisconsin (MCW) is an Equal Opportunity Employer. We are committed to fostering an inclusive community of outstanding faculty, staff, and students, as well as ensuring equal educational opportunity, employment, and access to services, programs, and activities, without regard to an individual's race, color, national origin, religion, age, disability, sex, gender identity/expression, sexual orientation, marital status, pregnancy, predisposing genetic characteristic, or military status. Employees, students, applicants, or other members of the MCW community (including but not limited to vendors, visitors, and guests) may not be subjected to harassment that is prohibited by law or treated adversely or retaliated against based upon a protected characteristic.

.