Sr Financial Analyst

ScionHealth; Watertown (WI); On-site; USD 70,000 - 95,000; Full time

Job summary

ScionHealth seeks a Financial Analyst to compile, analyze, and interpret financial data to support managed care decisions, contract analysis, and strategic planning. You will collaborate with finance leadership to assess reimbursement models, monitor payments, and support financial reporting.

Responsibilities include profitability testing, contract language review with the CFO, and data-driven recommendations for executives.

Qualifications

• Requires strong analytical and problem-solving skills with attention to detail.
• Proficient in Microsoft Excel and financial modeling tools.
• Working knowledge of healthcare reimbursement methodologies and contract terms.

Responsibilities

• Develops profitability testing and reimbursement models for plans and contracts.
• Analyzes utilization and financial data for leadership presentations.
• Verifies accuracy of managed care payments and identifies variances.

Skills

Analytical thinking

Excel

Financial modeling tools

Healthcare reimbursement knowledge

Independent work

Financial reporting systems

Education

Bachelor's degree in Business/Finance/Accounting

Tools

Microsoft Excel

Financial modeling software

Job description

Description

At ScionHealth, we empower our caregivers to do what they do best. We value every voice by caring deeply for every patient and each other. We show courage by running toward the challenge and we lean into new ideas by embracing curiosity and question asking. Together, we create our culture by living our values in our day-to-day interactions with our patients and teammates.

Job Summary

• The Financial Analyst is responsible for compiling, analyzing, and interpreting financial and statistical data to support managed care decision-making, contract analysis, and strategic planning. This role works closely with finance leadership and department managers to assess reimbursement models, monitor payment accuracy, and support financial reporting.

Essential Functions

• Develops and maintains profitability testing and reimbursement models for insurance plans and contracts.
• Analyzes utilization and financial data for presentation to Medical Directors, Case Management, and department leadership.
• Verifies the accuracy of managed care payments and identifies variances or underpayments.
• Assists with the review and negotiation of managed care contract language and terms in collaboration with the CFO.
• Supports comparative data analysis using regional and severity-adjusted benchmarks (e.g. PLM or other sources).
• Provides data and recommendations to finance leadership for decision support and planning.
• Prepares financial reports and reimbursement analyses for executive leadership and department heads.
• Ensures financial data integrity and supports compliance with regulatory and contractual requirements.

Knowledge/Skills/Abilities/Expectations

• Strong analytical and problem-solving skills with attention to detail.
• Proficient in Microsoft Excel and financial modeling tools.
• Working knowledge of healthcare reimbursement methodologies and contract terms.
• Ability to work independently and communicate complex information clearly.
• Familiarity with financial reporting systems and databases.
• Capable of working in a fast-paced, high-pressure environment with minimal supervision

Qualifications

Education

• Bachelor's Degree in Business, Finance, Accounting, or a related field (Required)

Licenses/Certifications

• Certified Public Accountant (CPA) or Certified in Healthcare Finance Mgmt. Accounting (HFMA) Upon Hire (Preferred) Or
• Certified Management Accountant (CMA) Upon Hire (Preferred)

Experience

• 3+ years relevant experience in financial analysis, healthcare reimbursement, or cost accounting (Required) And
• Prior Experience in managed care contracting or payer analytics (Preferred)