Senior Financial Analyst - Commercial Finance

Hanger Inc; Austin (TX); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Competitive compensation

8 Paid national holidays

4 floating holidays

PTO: Vacation and Sick time

Medical, Dental, Vision benefits

401k retirement plan

Parental bonding leave

Flexible work schedules

Part-time opportunities

Relocation assistance

Travel opportunities

Job summary

Hanger, Inc. is seeking a Senior Financial Analyst - Commercial Finance to join the Finance Team.

This role will own reporting, forecasting and analytics within the Commercial Finance unit, supporting payor negotiations and revenue reporting across multiple channels. The position requires a Bachelor's in Finance or Accounting and 4–6 years in healthcare, with advanced spreadsheet skills to handle complex tables and lookups.

Qualifications

• Bachelor's Degree in Finance or Accounting or similar.
• 4-6 years of relevant work experience preferably in healthcare.
• Advanced-level experience with spreadsheets, including the ability to work with complex tables and look-ups.

Responsibilities

• Perform the annual profitability study of devices sold, develop rate increase budget and execute reimbursement rate updates
• Monthly reporting of rate increases vs. budget, Workers Comp growth, division revenue results and performance of growth devices
• Weekly tracking of rate negotiations
• Daily research, costing and pricing for exception invoices for Commercial, Government, Workers Comp and VA patients
• Ad hoc profitability analyses for Commercial, Workers Comp, Medicaid and Hospital payors to support rate increase negotiations
• Ad hoc investigation of the root causes of exception invoice requests
• Support the Director of Commercial Finance with ad hoc analyses of supply chain, manufacturing and inventory data
• Other related ad hoc duties as assigned

Skills

Analytical skills

Problem solving

Verbal communication

Written communication

Collaboration

Education

Bachelor's degree in Finance or Accounting

Tools

Excel

Job description

Why Us?

With a mantra of Empowering Human Potential, Hanger, Inc. is the world's premier provider of orthotic and prosthetic (O&P) services and products, offering the most advanced O&P solutions, clinically differentiated programs and unsurpassed customer service. Hanger's Patient Care segment is the largest owner and operator of O&P patient care clinics nationwide. Through its Products & Services segment, Hanger distributes branded and private label O&P devices, products and components, and provides rehabilitative solutions to the broader market. With 160 years of clinical excellence and innovation, Hanger's vision is to lead the orthotic and prosthetic markets by providing superior patient care, outcomes, services and value. Collectively, Hanger employees touch thousands of lives each day, helping people achieve new levels of mobility and freedom.

Why Us?

With a mantra of Empowering Human Potential, Hanger, Inc. is the world's premier provider of orthotic and prosthetic (O&P) services and products, offering the most advanced O&P solutions, clinically differentiated programs and unsurpassed customer service. Hanger's Patient Care segment is the largest owner and operator of O&P patient care clinics nationwide. Through its Products & Services segment, Hanger distributes branded and private label O&P devices, products and components, and provides rehabilitative solutions to the broader market. With 160 years of clinical excellence and innovation, Hanger's vision is to lead the orthotic and prosthetic markets by providing superior patient care, outcomes, services and value. Collectively, Hanger employees touch thousands of lives each day, helping people achieve new levels of mobility and freedom.

Could This Be For You?

We are seeking a Senior Financial Analyst - Commercial Finance who will report to the Director of Commercial Finance as part of the Hanger Clinic Finance Team. This team supports payor negotiations, device pricing and revenue reporting.

This position will own the reporting, forecasting and analysis within the business unit.

Your Impact

• Perform the annual profitability study of devices sold, develop rate increase budget and execute reimbursement rate updates
• Monthly reporting of rate increases vs. budget, Workers Comp growth, division revenue results and performance of growth devices
• Weekly tracking of rate negotiations
• Daily research, costing and pricing for exception invoices for Commercial, Government, Workers Comp and VA patients
• Ad hoc profitability analyses for Commercial, Workers Comp, Medicaid and Hospital payors to support rate increase negotiations
• Ad hoc investigation of the root causes of exception invoice requests
• Support the Director of Commercial Finance with ad hoc analyses of supply chain, manufacturing and inventory data
• Other related ad hoc duties as assigned

Minimum Qualifications

• Bachelor's Degree in Finance or Accounting or similar is required
• Minimum of 4-6 years of relevant work experience preferably in healthcare environment
• Advanced-level experience with spreadsheets, including the ability to work with complex tables and look-ups

Additional Success Factors

• Analytical and problem-solving skills
• Excellent verbal and written communication skills
• Intellectually curious with a willingness to collaborate
• Detailed oriented with exceptional organization skills and ability to meet established deadlines
• Act with integrity in all ways and at all times, remaining honest, transparent, and respectful in all relationships.
• Keep the patient at the center of everything that you do, building lifelong trust.
• Foster open collaboration and constructive dialogue with everyone around you.
• Continuously innovate new solutions, influencing and responding to change.
• Focus on superior outcomes, and calibrate work processes for outstanding results.

Our Investment in You

• Competitive Compensation Packages
• 8 Paid National Holidays & 4 additional Floating Holidays
• PTO that includes Vacation and Sick time
• Medical, Dental, and Vision Benefits
• 401k Savings and Retirement Plan
• Paid Parental Bonding Leave for New Parents
• Flexible Work Schedules and Part-time Opportunities
• Generous Employee Referral Bonus Program
• Mentorship Programs- Mentor and Mentee
• Student Loan Repayment Assistance by Location
• Relocation Assistance
• Regional & National traveling CPO/CO/CP opportunities
• Volunteering for Local and National events such as Hanger’s BAKA Bootcamp and EmpowerFest

Hanger, Inc. is committed to providing equal employment opportunity in all aspects of the employer-employee relationship. All conditions and privileges of employment are administered to all employees without discrimination or harassment because of race, religious creed, color, age, sex, sexual orientation, gender identity, national origin, religion, marital status, medical condition, physical or mental disability, military service, pregnancy, childbirth and related medical conditions, special disabled veteran status, or any other classification protected by federal, state, and local laws and ordinances. The company will comply with all applicable state or local fair employment laws that forbid discrimination or harassment on the basis of other protected characteristics. Retaliation against any employee for filing or supporting a complaint of discrimination or harassment is prohibited.

#ERF-HRC