Senior Financial Analyst & Compensation Plan Administrator - Outpatient Services

Pine Rest Christian Mental Health Svc; Grand Rapids (MI); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

Medical insurance

403(b) retirement match

Generous PTO

Tuition assistance & loan forgiveness

Employee Assistance Program

Davenport University tuition discount

Job summary

Pine Rest Christian Mental Health Svc is seeking a Senior Financial Analyst & Compensation Plan Administrator to define, implement, and administer the ORS Compensation Plan for clinical staff and programs. You will analyze data, advise leadership, and ensure accurate bonus allocations aligned with CMS values and productivity metrics.

The role requires strong Excel skills, experience with financial reporting, and collaboration with multiple departments to support compensation planning and

Qualifications

• Bachelor's degree in a related field; MBA preferred.
• Experience in a professional administrative environment.
• Proficiency with Excel and business software packages.

Responsibilities

• Define, implement and administer the ORS Compensation Plan for clinical staff and programs.
• Analyze financial data and provide recommendations based on CMS values and productivity metrics.
• Prepare monthly/quarterly reports and monitor bonus payouts and reimbursements.
• Collaborate with ORS leadership to advise on compensation strategy and budgeting.
• Uphold Pine Rest values and ensure training/compliance across the program.

Skills

Excel proficiency

Business software

Education

Bachelor's Degree in a related field

MBA preferred

Tools

Excel

Other business software

Job description

• Cost Center 901 ORS Admin
• Scheduled Weekly Hours 40
• Work Shift First Shift (United States of America)
• Shift & Status

What Will you Do?

As a Senior Financial Analyst & Compensation Plan Administrator at Pine Rest, you'll be responsible for the definition, implementation and administration of the ORS Compensation Plan for all clinical staff and clinical programs within ORS. Provides recommendations for matrix placement and compensation levels for clinical staff based on an agreed set of criteria. Analyzes financial data for ORS by collecting, monitoring and studying data and making recommendations for action. The Senior Financial Analyst & Compensation Plan Administrator must demonstrate excellent customer service and have enthusiasm about the program and the Pine Rest organization.

Principal Duties and Responsibilities:

Bonus Compensation Manager Responsibilities:

• Manage the bonus plan and all pertinent data for bonus payouts including productivity and quality metrics
• Run monthly and quarterly reports tracking metrics
• Monitor actual reimbursements rates to ensure appropriate dollar amounts for RVU payouts
• Develop recommendations for productivity expectations based on changes to CMS values
• Track of 350 providers' special circumstances, extra duties, coverage, supervision roles, etc. through individual compensation sheets
• Meet individually with new providers to explain the bonus plan and all corresponding details involved with the bonus plan, including metrics, expectations, daily schedules, etc.
• Work with the ORS Clinical Director to advise on and monitor clinicians not meeting expectations
• Consult with ORS Regional Directors and Clinic Managers regarding provider issues surrounding productivity and quality metrics
• Develop tools for providers to track metrics individually
• Responsible to uphold the healing ministry of Christ through relationships that honor integrity, stewardship, empowerment, the promotion of diversity, equity, inclusion, and professional excellence.
• Must maintain annual training and demonstrate competency in the required programmatic training.
• Performs other duties or functions as assigned.

Psychiatry Program Manager Responsibilities:

• Work with outside consultants to ensure psychiatry compensation meets applicable standards and is at market value
• Develop recommendations for compensation based on data reviews of both internal and external information of productivity
• Participate in psychiatry interviews to provide understanding of how the bonus compensation plan works including expectations for daily patient face‑to‑face time, collaborations, etc.
• Provide projections and cost analysis of psychiatry to assist in advocating for increased payor reimbursements

Financial Analyst & Special Projects Responsibilities:

• Forecast future revenue and expenses for ORS as a whole and within individual cost centers
• Review previous trends regarding revenue and expenses to ensure ORS remains on track for meeting budget
• Develop business plans for areas of new business or expansions of existing business
• Analyze financial viability of new and existing business
• Audit for, investigate, and provide solutions to issues/problems related to productivity, visits, financial revenue
• Other projects as assigned by ORS Director of Operations

What Does This Role Require?

Proficiency required is normally attained through the completion of a Bachelor's Degree in a related field. MBA preferred. Demonstrated experience in a professional administrative environment. Proficiency using EXCEL and other business software packages. Additional eligibility qualifications.

Benefits:

• Medical, dental, vision & life insurance plans
• 403(b) retirement match contribution by Pine Rest
• Generous PTO for full and part time employees
• Tuition assistance & loan forgiveness
• Employee Assistance Program offering many free and discounted services for therapy, legal, accounting, gym membership, etc.
• Partnership with Davenport University provides generous discount on tuition for employees and family members.

Notice:

Pine Rest provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

All new employees are subject to a criminal background check and education verification which may include sending a copy of your high school diploma, GED, or college transcripts.

NOTICE: Successful completion of a drug screen prior to employment is also part of our background process.