Financial Analyst

10010 Genesis HealthCare System; United States; On-site; USD 65,000 - 95,000; Full time

Job summary

Genesis HealthCare System invites applications for a Financial Analyst to provide financial analysis support across departments in a hospital setting. The role emphasizes data accuracy, management of benchmarking, and long-range financial planning.

The position involves modeling, variance analysis, payroll data preparation, and contributing to annual budgets while supporting strategic cost-saving initiatives and cross-functional coaching.

Qualifications

• Bachelor’s degree in Business Administration or related field or must obtain with 1 year.
• Strong statistical skills to pull and organize data needed for financial reporting.
• Advanced Microsoft Excel, Word, and PowerPoint skills.
• Excellent interpersonal and communication skills.
• Ability to independently prioritize and manage multiple tasks.
• Detail oriented with high accuracy.

Responsibilities

• Works in conjunction with data management team for statistical gathering, reporting and compilation of benchmarking information.
• Provides support in long range financial planning.
• Performs financial analysis, modeling, and reporting related to project/business feasibility.
• Conducts financial analysis of moderate to high complexity information to provide stakeholders with actionable data.
• Communicates analytical findings and value-added information to stakeholders at all levels.
• Performs variance analysis of budget to actual monthly reports.
• In conjunction with routine reporting, incorporates cost accounting analysis to support strategic decisions.
• Assists with quarterly bond disclosure documents.
• Maintains credit rating documents and all supporting documentation.
• Prepares, validates and assimilates reported payroll information for productivity tools.
• Maintains report tracking databases and completes recurring and ad hoc reports.
• Creates and maintains service line reports for regular distribution.
• Identifies and implements process improvement strategies to efficiently produce reports and meet organizational needs.
• Maintains data integrity to ensure data is validated prior to distribution.
• Prepares annual department operating and capital budget.
• Analyzes Lean Six Sigma projects for potential cost savings.
• Provides coaching and assists with training, promoting a team-oriented environment.
• Performs other duties as assigned.

Job description

GENESIS HEALTHCARE SYSTEM In order to fill our Mission of serving our community by helping each person achieve optimal health and well-being by providing compassionate, exceptional, and affordable healthcare services, all employees of Genesis HealthCare System must be committed to living the Genesis Mission and Genesis values of Compassion, Excellence, Integrity, Team, and Innovation. All employees must regard themselves as an ‘owner’ of Genesis and keep our patients at the center of everything we do - always.

Position Details:

Work Shift: Day Shift (United States of America) Scheduled Weekly Hours: 40 Department: Financial Planning and Analysis

Overview of Position:

The Financial Analyst provides financial analysis support to Genesis HealthCare System. The incumbent serves as a steward of financial and statistical data and information utilized by key stakeholders for making critical decisions and will interact with various departments, including management at all levels. The Financial Analyst will ensure the accuracy and integrity of reported data and information in accordance with established policies and procedures.

ESSENTIAL DUTIES

• 1. Works in conjunction with data management team for statistical gathering, reporting and compilation of benchmarking information.
• 2. Provides support in long range financial planning.
• 3. Performs financial analysis, modeling, and reporting, related to project/business feasibility.
• 4. Conducts financial analysis of moderate to high complexity information to assure key stakeholders are provided with actionable, accurate and high integrity financial data.
• 5. Communicates analytical findings and value added-information to stakeholders at all levels in the organization.
• 6. Performs variance analysis of budget to actual monthly reports
• 7. In conjunction with routine reporting incorporates cost accounting analysis to supplement the strategic decision-making process.
• 8. Assists with quarterly bond disclosure documents.
• 9. Maintains credit rating documents and all supporting documentation.
• 10. Prepares, validates and assimilates reported payroll information for productivity tool.
• 11. Maintains report tracking database and completes recurring and ad hoc reports for all areas.
• 12. Creates and maintains service line reports for regular distribution.
• 13. Identifies and implements process improvement strategies to effectively and efficiently produce reports, gather information, and meet organizational needs.
• 14. Maintains data integrity process to ensure all data received, retrieved, and processed is validated prior to distribution.
• 15. Prepares annual department operating and capital budget.
• 16. Analyzes Lean Six Sigma projects throughout process to identify potential cost savings benefit.
• 17. Provides coaching and assists with training, promoting a team-oriented environment
• 18. Performs other duties as assigned.

QUALIFICATIONS

• 1. Bachelor’s degree in Business Administration or related field or must obtain with 1 year.
• 2. Strong statistical skills to pull and organize data needed for financial reporting. a. Basic knowledge of healthcare reimbursement methodologies will be required if working within the Health Economics & Strategy department.
• 3. Strong analytical, critical thinking and problem solving skills with ability to read, categorize, comprehend and calculate information.
• 4. Proficiency in data mining and analysis.
• 5. Excellent interpersonal and communication skills.
• 6. Advanced Microsoft Excel, Word, and PowerPoint skills to effective create analysis and presentations.
• 7. Ability to independently prioritize and focus on multiple tasks concurrently.
• 8. Must be detail oriented and complete tasks with a high degree of accuracy.

PATIENT CENTERED CARE & BEHAVIORAL EXPECTATIONS

1. Living the Genesis Mission, Vision and Values Performs work in a manner that is quality focused. Treats patients, co-workers, visitors and volunteers with courtesy, compassion, empathy and respect. Results oriented and focused on achievement of objectives. Acknowledges and responds to the diversity of people and the situation. Encourages peers (others) to be owners of change. Always makes the effort to anticipate and exceed customer needs and expectations. Possesses the ability to engage others with patience and understanding. Acts in a manner that creates positive first and lasting impressions. Demonstrates the ability to own issues until they are resolved.

2. Patient Centered Care (patients/families, physicians, co-workers, all other internal/external customers) Introduces self and role…connects with everyone. Communicates effectively (i.e. advising others of actions, pertinent information, time durations, etc.) and asks for feedback. Asks for and anticipates needs and concerns of others. Maintains a positive work environment for staff and a healing environment for patients (i.e. safe, clean, quiet, etc.) Maintains the dignity and privacy of each person; manages confidential/sensitive information appropriately. Responds to requests in an appropriate and timely manner. Exits patient/customer encounters courteously, asking if there are additional needs that can be addressed.

3. Promotes Patient and Employee Safety Demonstrates safe patient handling (i.e. transfers, transport, care administration, nutrition, medication, etc.). Demonstrates safe materials handling (i.e. appropriate use and disposal of chemicals, infectious wastes, etc.). Demonstrates appropriate knowledge of Infectious Disease precautions and use of proper protective equipment. Demonstrates Slips/Trips and Falls Awareness. Actively contributes to maintaining a safe, clean and quiet environment.

WORKING CONDITIONS/PHYSICAL REQUIREMENTS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Ability to operate a personal computer for 4 to 8 hours per day and use standard office equipment. Ability to read print of various sizes. Ability to do some light lifting, stooping, and bending. Occasional prolonged standing and walking.

This description reflects in general terms the type and level of work performed. It is not intended to be all-inclusive, nor portray the specific duties of any one incumbent.

Genesis is committed to being an equal opportunity employer. Selection of applicants for employment is based only on qualifications and the requirements of a specific job.

Our mission is to provide compassionate, quality healthcare. Genesis HealthCare System is an integrated healthcare delivery system based in Zanesville, Ohio. The system includes a not-for-profit hospital, Genesis Hospital, in Zanesville, an extensive network of more than 300 physicians and multiple outpatient care centers throughout the region. Genesis is the largest healthcare provider in its six-county region of southeastern Ohio, which includes Muskingum, Morgan, Perry, Coshocton, Noble and Guernsey counties. Genesis provides a higher level of service than what is typically found in a community of its size including open-heart surgery, trauma care, a Level II special care nursery, neurosurgery and comprehensive cancer services. This level of care has established Genesis as a primary referral center for much of the region. In addition to traditional hospital services, Genesis offers a broader range of services through its affiliated organizations, which serve as Genesis' partners to extend care far out into the community. Our steadfast commitment to delivering high quality, compassionate patient care is recognized throughout the country with numerous awards and accreditations. We are proud of our rich history of serving the community and vow to continue the tradition of healing and caring with compassion, trust, innovation and excellence.