Financial Analyst - Highmark Health
Trenton, NJ
About the Job
Company :
Allegheny Health Network
Job Description :
GENERAL OVERVIEW:
Responsible for material accuracy of hospital financial statements. Analyzes financial results, trends, performance metrics and provides root cause analysis to support business decisions. Recommends budget adjustments, and other cost improvement measures.
ESSENTIAL RESPONSIBILITIES:
+ Records, classifies, and summarizes financial transactions and events in accordance with generally accepted accounting principles. Interprets financial transactions and events for users who must make economic or business decisions. (20%)
+ Maintains processes and performs calculations to support the monthly close process and the generation of the monthly financial statements. Provides expertise and education related to budgeting, revenue recognition, and reimbursement. Correlates Revenue/Expense to volumes and prepares reports to assist financial management in assessing financial performance. (20%)
+ Evaluates, updates, and maintains processes in support of regulatory and third party changes, quarterly work papers, annual audits, cost accounting, and third party cost reporting. (20%)
+ Performs detailed variance analysis against budget, forecast, prior periods, or other benchmarks. (20%)
+ Stays abreast of issues impacting the healthcare industry, especially those that have a financial impact to WPAHS. Makes recommendations to Decision Support Management for financial and performance improvement. (20%)
+ Performs all other duties as assigned or required.
QUALIFICATIONS:
Minimum
+ Bachelor's Degree in Accounting, Finance, Business Administration or related field OR 6 years of relevant experience in lieu of a Bachelor's Degree
+ Accounting and budgeting experience
Preferred
+ 1 year in financial analysis
+ Proficiency with spreadsheet applications and database management
_Disclaimer:_ _The job description has been designed to indicate the general nature and essential duties and responsibilities of work performed by employees within this job title. It may not contain a comprehensive inventory of all duties, responsibilities, and qualifications required of employees to do this job._
_Compliance Requirement_ _: This job adheres to the ethical and legal standards and behavioral expectations as set forth in the code of business conduct and company policies._
_As a component of job responsibilities, employees may have access to covered information, cardholder data, or other confidential customer information that must be protected at all times. In connection with this, all employees must comply with both the Health Insurance Portability Accountability Act of 1996 (HIPAA) as described in the Notice of Privacy Practices and Privacy Policies and Procedures as well as all data security guidelines established within the Company’s Handbook of Privacy Policies and Practices and Information Security Policy._
_Furthermore, it is every employee’s responsibility to comply with the company’s Code of Business Conduct. This includes but is not limited to adherence to applicable federal and state laws, rules, and regulations as well as company policies and training requirements._
Pay Range Minimum:
$23.78
Pay Range Maximum:
$36.73
_Base pay is determined by a variety of factors including a candidate’s qualifications, experience, and expected contributions, as well as internal peer equity, market, and business considerations. The displayed salary range does not reflect any geographic differential Highmark may apply for certain locations based upon comparative markets._
Highmark Health and its affiliates prohibit discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities, and prohibit discrimination against all individuals based on their race, color, age, religion, sex, national origin, sexual orientation/gender identity or any other category protected by applicable federal, state or local law. Highmark Health and its affiliates take affirmative action to employ and advance in employment individuals without regard to race, color, age, religion, sex, national origin, sexual orientation/gender identity, protected veteran status or disability.
EEO is The Law
Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled/Sexual Orientation/Gender Identity ( _https://www.eeoc.gov/sites/default/files/migrated_files/employers/poster_screen_reader_optimized.pdf_ )
We endeavor to make this site accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact number below.
For accommodation requests, please contact HR Services Online at HRServices@highmarkhealth.org
California Consumer Privacy Act Employees, Contractors, and Applicants Notice
Req ID: J251246
Allegheny Health Network
Job Description :
GENERAL OVERVIEW:
Responsible for material accuracy of hospital financial statements. Analyzes financial results, trends, performance metrics and provides root cause analysis to support business decisions. Recommends budget adjustments, and other cost improvement measures.
ESSENTIAL RESPONSIBILITIES:
+ Records, classifies, and summarizes financial transactions and events in accordance with generally accepted accounting principles. Interprets financial transactions and events for users who must make economic or business decisions. (20%)
+ Maintains processes and performs calculations to support the monthly close process and the generation of the monthly financial statements. Provides expertise and education related to budgeting, revenue recognition, and reimbursement. Correlates Revenue/Expense to volumes and prepares reports to assist financial management in assessing financial performance. (20%)
+ Evaluates, updates, and maintains processes in support of regulatory and third party changes, quarterly work papers, annual audits, cost accounting, and third party cost reporting. (20%)
+ Performs detailed variance analysis against budget, forecast, prior periods, or other benchmarks. (20%)
+ Stays abreast of issues impacting the healthcare industry, especially those that have a financial impact to WPAHS. Makes recommendations to Decision Support Management for financial and performance improvement. (20%)
+ Performs all other duties as assigned or required.
QUALIFICATIONS:
Minimum
+ Bachelor's Degree in Accounting, Finance, Business Administration or related field OR 6 years of relevant experience in lieu of a Bachelor's Degree
+ Accounting and budgeting experience
Preferred
+ 1 year in financial analysis
+ Proficiency with spreadsheet applications and database management
_Disclaimer:_ _The job description has been designed to indicate the general nature and essential duties and responsibilities of work performed by employees within this job title. It may not contain a comprehensive inventory of all duties, responsibilities, and qualifications required of employees to do this job._
_Compliance Requirement_ _: This job adheres to the ethical and legal standards and behavioral expectations as set forth in the code of business conduct and company policies._
_As a component of job responsibilities, employees may have access to covered information, cardholder data, or other confidential customer information that must be protected at all times. In connection with this, all employees must comply with both the Health Insurance Portability Accountability Act of 1996 (HIPAA) as described in the Notice of Privacy Practices and Privacy Policies and Procedures as well as all data security guidelines established within the Company’s Handbook of Privacy Policies and Practices and Information Security Policy._
_Furthermore, it is every employee’s responsibility to comply with the company’s Code of Business Conduct. This includes but is not limited to adherence to applicable federal and state laws, rules, and regulations as well as company policies and training requirements._
Pay Range Minimum:
$23.78
Pay Range Maximum:
$36.73
_Base pay is determined by a variety of factors including a candidate’s qualifications, experience, and expected contributions, as well as internal peer equity, market, and business considerations. The displayed salary range does not reflect any geographic differential Highmark may apply for certain locations based upon comparative markets._
Highmark Health and its affiliates prohibit discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities, and prohibit discrimination against all individuals based on their race, color, age, religion, sex, national origin, sexual orientation/gender identity or any other category protected by applicable federal, state or local law. Highmark Health and its affiliates take affirmative action to employ and advance in employment individuals without regard to race, color, age, religion, sex, national origin, sexual orientation/gender identity, protected veteran status or disability.
EEO is The Law
Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled/Sexual Orientation/Gender Identity ( _https://www.eeoc.gov/sites/default/files/migrated_files/employers/poster_screen_reader_optimized.pdf_ )
We endeavor to make this site accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact number below.
For accommodation requests, please contact HR Services Online at HRServices@highmarkhealth.org
California Consumer Privacy Act Employees, Contractors, and Applicants Notice
Req ID: J251246
Source : Highmark Health