Regional Financial Analyst

101 Riverside Hospital, Inc.; United States; On-site; USD 64,000 - 88,000; Full time

Job summary

101 Riverside Hospital, Inc. in Newport News, VA is seeking a Regional Financial Analyst to support hospital operations across regions. You will prepare proformas, monthly forecasts, budgeting, and reports to help leadership make informed decisions.

Requires a Bachelor's in Accounting/Finance, 3–4 years in healthcare finance, and strong Excel (VBA preferred). You should be able to extract data from information systems and communicate findings clearly to leadership.

Qualifications

• Bachelor's degree in Accounting, AIS, or Finance is required.
• 3–4 years of healthcare finance experience required.
• Advanced Excel skills, VBA preferred.
• Ability to extract data from information systems using report writers.
• Strong analytical and communication skills.

Responsibilities

• Completes proformas, financial analysis, monthly cash and allowance forecasts, long range planning, and assists with budgeting.
• Performs monthly analytical assessments of assigned geographical locations and creates progress reports for management.
• Performs data mining of department data structures to determine themes, uncover trends in financial performance, and identify root cause areas of improvement for the regional governance committees.
• Remains current with trending topics in Healthcare Finance and Healthcare Reform.
• Educates leadership and others of impending changes and guides preparatory processes as appropriate.
• Identifies opportunities for process improvements, revenue enhancements, cost containments and business and market share growth.
• Reviews information for data integrity.

Skills

Data extraction

Excel (VBA)

Databases

Independent work

Problem solving

Communication

Education

Bachelor's degree in Accounting/Finance/ AIS

Master's degree (Preferred)

Tools

Excel

Access

SQL

Database software

Job description

Newport News, Virginia—Hiring Range $64,200.00 - $88,275.00/Annual—Actual pay is determined based on job-related factors such as relevant experience, education, credentials, skills, internal equity, and business needs. Location: Newport News, VA (local candidates).

Overview

The Regional Financial Analyst serves as the Finance representative for the acute care hospital(s) and the integration of other non‑acute services (i.e. physician practices, ambulatory surgery centers, diagnostic and imaging centers, skilled nursing facilities, home health, hospice, etc) for the geographic region. Supports the operating groups, identifying opportunities for process improvements, revenue enhancements, cost containments, and business and market share growth. Works in conjunction with Accounting, Reimbursement, Budget, Cost Accounting, Revenue Integrity, and Decision Support areas. Analyzes data from multiple sources and inputs using Excel, Access, SQL, and other technology to create meaningful information to be used by leadership for informed decision making.

What you will do

• Completes proformas, financial analysis, monthly cash and allowance forecasts, long range planning, and assists with budgeting.
• Performs monthly analytical assessments of assigned geographical locations and creates progress reports for management.
• Performs data mining of department data structures to determine themes, uncover trends in financial performance, and identify root cause areas of improvement for the regional governance committees.
• Remains current with trending topics in Healthcare Finance and Healthcare Reform.
• Educates leadership and others of impending changes and guides preparatory processes as appropriate.
• Identifies opportunities for process improvements, revenue enhancements, cost containments and business and market share growth.
• Reviews information for data integrity.

Qualifications

Education

• Bachelors Degree, Accounting, Accounting Information Systems, or Business Administration/Finance (Required)
• Masters Degree, Business Administration (Preferred)

Experience

• 3-4 years related Healthcare finance experience (Required)

Skills and Abilities

• Aptitude and ability to extract data form information systems using various report writers and software packages
• In depth knowledge of Microsoft Excel required (VBA preferred)
• Working knowledge of databases and database software required
• Ability to work independently, is flexible and has the ability to prioritize workload
• Strong problems solving, data analysis, and decision making skills
• Requires professional written and verbal communication skills

Licenses and Certifications

• Certified Healthcare Financial Professional (CHFP) - Healthcare Financial Management Association (HFMA) (Preferred)

Our Mission

Our mission is to care for others as we would care for those we love.

Why Join Us

We extend that sense of caring to every patient, resident and customer, as well as to each member of our team. We offer care at all stages of life, in hundreds of locations, giving you room to grow your career, along with great benefits and perks.

Values

At Riverside Health, your trust and safety are our top priorities.