Senior Financial Analyst

mhctn; Nashville (TN); Hybrid; USD 85,000 - 115,000; Full time

Benefits offered by this job

Hybrid work schedule

Job summary

MHC is seeking a Senior Financial Analyst to manage monthly results and analyze data from claims, budget, and operations for management and the board. The role focuses on healthcare finance in a managed-Medicaid environment and requires strong Excel, GAAP, and financial modeling skills.

The position supports budgeting, forecasting, and strategic decision-making with collaboration across Accounting, Revenue Cycle, and program leadership. Hybrid work in Nashville, TN is offered.

Qualifications

• Bachelor's Degree in Finance, Accounting, Economics, Business Administration, or a related field.
• 3+ years of progressive experience in Finance, Accounting, FP&A, business analysis, or a related financial role is required. Healthcare experience is a plus.
• Experience preparing budgets, forecasts, variance analyses, and financial reports required.
• Strong understanding of financial planning, capital tracking, operating expense management, and financial reporting required. Grant budgeting is a plus.
• Familiarity with GAAP as applied to financial reporting and month-end close.
• Advanced Excel skills (pivot tables, lookups, complex formulas) required; experience with financial reporting systems a plus.
• Experience compiling complex information, designing reports, and analyzing data.
• Strong communication and decision-making skills.
• Experience applying AI tools to streamline recurring analysis, reporting, and documentation, with appropriate validation and data protection.
• Experience developing dashboards, recurring reports, financial trackers, or process documentation preferred.
• Professional certification such as CPA, CFA, or HFMA's CHFP is a plus.

Responsibilities

• Support the monthly preparation of the financial reporting package, dashboards, and KPIs for management and the board, providing regular updates on financial and operational performance.
• Partner with Accounting through the month-end close, owning the analytical review of results - for example, program and cost-center allocations, indirect cost allocation, accrual reasonableness, and program-level P&L review.
• Interpret monthly and year-to-date financial results, identifying variances, trends, and underlying drivers to inform management's planning and operational decisions.
• Serve as a cross-functional analytical resource to Accounting, Revenue Cycle, and program leadership as needed - for example, analyzing denial trends and denial rate, days in accounts receivable, payer mix shifts, and reimbursement rate changes by payer and service line.
• Assist in the preparation, monitoring, and revision of annual budgets and financial forecasts, collaborating with department heads to ensure alignment with strategic goals.
• Partner with executive leadership to build financial models, forecasts, and business plans - including scenario and sensitivity analysis - that inform strategic direction, prioritization, and resource allocation.
• Support grant management, including developing grant budgets and tracking expenditures against awarded funds.
• Collaborate across functional areas to develop and maintain the capital budget, including assessing the financial feasibility of capital projects and tracking capital spend against budget.
• Conduct ad hoc financial analysis and pro formas, providing insight to address specific financial challenges and opportunities as they arise.
• Participate in proactive team efforts to achieve departmental and company goals.

Skills

Financial analysis

Communication skills

Decision making

Presentation skills

Strategic thinking

AI tools utilization

Education

Bachelor's Degree in Finance or related field

Tools

Excel (Pivot Tables, Lookup)

Financial reporting systems

BI dashboards

Job description

Position Summary:

The Senior Financial Analyst plays a critical role in managing MHC's monthly financial results, analyzing financial data on a routine and ad hoc basis, and preparing financial presentations and reports for management and the board. This position is responsible for analyzing and interpreting data from multiple sources (e.g., claims, budget, and operational data) to provide meaningful information that focuses and directs MHC's operational initiatives. The role requires a strong understanding of healthcare operations, data analysis, and financial management, particularly within a managed-Medicaid-driven payer environment.

Schedule : Monday to Friday, 8:00 AM - 4:30 PM, Hybrid schedule (4 days in office, 1 day WFH)

Location : 275 Cumberland Bend, Nashville, TN 37228

Position Responsibilities:

• Support the monthly preparation of the financial reporting package, dashboards, and key performance indicators (KPIs) for management and the board, providing regular updates on financial and operational performance.
• Partner with Accounting through the month-end close, owning the analytical review of results - for example, program and cost-center allocations, indirect cost allocation, accrual reasonableness, and program-level P&L review.
• Interpret monthly and year-to-date financial results, identifying variances, trends, and underlying drivers to inform management's planning and operational decisions.
• Serve as a cross-functional analytical resource to Accounting, Revenue Cycle, and program leadership as needed - for example, analyzing denial trends and denial rate, days in accounts receivable, payer mix shifts, and reimbursement rate changes by payer and service line.
• Assist in the preparation, monitoring, and revision of annual budgets and financial forecasts, collaborating with department heads to ensure alignment with strategic goals.
• Partner with executive leadership to build financial models, forecasts, and business plans - including scenario and sensitivity analysis - that inform strategic direction, prioritization, and resource allocation.
• Support grant management, including developing grant budgets and tracking expenditures against awarded funds.
• Collaborate across functional areas to develop and maintain the capital budget, including assessing the financial feasibility of capital projects and tracking capital spend against budget.
• Conduct ad hoc financial analysis and pro formas, providing insight to address specific financial challenges and opportunities as they arise.
• Participate in proactive team efforts to achieve departmental and company goals.

Essential Skills and Experience:

• Bachelor's Degree in Finance, Accounting, Economics, Business Administration, or a related field required.
• 3+ years of progressive experience in Finance, Accounting, FP&A, business analysis, or a related financial role is required. Experience in healthcare is a plus.
• Experience preparing budgets, forecasts, variance analyses, and financial reports required.
• Strong understanding of financial planning, capital tracking, operating expense management, and financial reporting required. Experience with grant budgeting a plus.
• Familiarity with Generally Accepted Accounting Principles (GAAP) as applied to financial reporting and month-end close.
• Advanced Excel skills (pivot tables, lookups, complex formulas) required; experience with financial reporting systems a plus.
• Ability to compile complex information, design reports, and analyze data.
• Strong communication and decision-making skills.
• Excellent presentation, organization, research, and analysis skills.
• Experience applying AI tools to streamline recurring analysis, reporting, and documentation, with appropriate validation of results and protection of confidential and protected health information.
• Experience developing dashboards, recurring reports, financial trackers, or process documentation preferred.
• Professional certification such as CPA, CFA, or HFMA's Certified Healthcare Financial Professional (CHFP) is a plus.

Benefits:

Mental Health Cooper