Job Description
The Senior Financial Analyst is responsible for assisting with the development, design, maintenance, coordination, and implementation of reporting systems for business operations and management. Responsibilities include but are not limited to, accessing data through a variety of databases and the creation of accurate, meaningful, and relevant reports for diverse audiences. Assisting with the administration and implementation of financial initiatives. Assisting in the interpretation of policies/procedures/practices.
Duties and Responsibilities:- Researches and writes presentations and reports.
- Prepares project reports for management, client, or others.
- Confers with other staff to provide technical advice and to resolve problems.
- Reviews various key reports generated to develop standardized reports for management.
- Research benchmarking data to evaluate current processes as they are related to operations.
- Develops standardized communication tools to alert the management of various trends impacting operations.
- Builds Excel templates for reporting information.
- Assist with the coordination and development of financial modeling of organizational strategic goals and initiatives.
- Assist with the evaluation of the reliability, consistency, and integrity of financial information.
- Provides management with information from a variety of internal and external sources regarding programmatic proposals, prepares financial analyses, and manages the interpretation of sophisticated data sets.
- Works independently with management to prioritize and define information needs, translate needs into specifications, and promote automated access to key management financial information.
- Works independently with management in all matters pertaining to financial analysis, program proposals, and project management.
- Applies knowledge of CPT codes, Dx codes, and billing data to assess and report on financial performance.
- Responsible for Physician Group RVU reporting and analysis, maintaining physician compensation database; interpretation of pay practices as stipulated in services agreements
- Responsible for the preparation and development of physician employment PL’s, health-plans PLs, ad hoc analysis and other financial reports as needed.
- Reviews, analyzes, and reports on healthcare contracts (e.g., physician agreements, payer contracts) to assess financial performance, revenue generation, and profitability. Analyzes managed care contracts for compliance and financial performance, identifying areas for optimization.
Qualifications
Education:
B.A./B.S. in Finance, Accounting, Healthcare Management or related field of study required. Master's degree preferred.
Experience:
Five (5) years of experience in financial analysis and reporting, preferably in a healthcare setting required. Seven (7) years of experience relevant work in Finance and Accounting departments (Compensation); Healthcare financial management experience preferred.
About Us
About the Team
Req ID : 9487
Working Title : Senior Financial Analyst - Accounting
Department : MNS Accounting
Business Entity : Cedars-Sinai Medical Center
Job Category : Patient Financial Services
Job Specialty : Revenue Integrity
Overtime Status : EXEMPT
Primary Shift : Day
Shift Duration : 8 hour
Base Pay : $39.36 - $61.01
Our compensation philosophy
We offer competitive total compensation that includes pay, benefits, and other recognition programs for our employees. The base pay range shown above takes into account the wide range of factors that are considered in making compensation decisions including knowledge/skills; relevant experience and training; education/certifications/licensure; and other business and organizational factors. This base pay range does not include our comprehensive benefits package and any incentive payments that may be applicable to this role. Pay Transparency Non Discrimination Provision (PDF) (opens in new window)
Diversity and Inclusion at Cedars-Sinai
We are caretakers and innovators committed to the pursuit of equitable healthcare. But health equity is not possible without representation. Our commitment to diversity goes beyond demographics or checking boxes. Our people must reflect the diverse identities, experiences and geographies of the communities and patients we serve – because that’s what our patients, colleagues and communities deserve. Quality Care and Research—For All, By All (opens in new window).
Cedars-Sinai is an Equal Employment Opportunity employer.
Cedars-Sinai does not unlawfully discriminate on the basis of the race, religion, color, national origin, citizenship, ancestry, physical or mental disability, legally protected medical condition (cancer-related or genetic characteristics or any genetic information), marital status, sex, gender, sexual orientation, gender identity, gender expression, pregnancy, age (40 or older), military and/or veteran status or any other basis protected by federal or state law. If you need a reasonable accommodation for any part of the employment process, please contact us by email at Applicant_Accommodation@cshs.org and let us know the nature of your request and your contact information. Requests for accommodation will be considered on a case-by-case basis. Please note that only inquiries concerning a request for reasonable accommodation will be responded to from this email address.
Cedars-Sinai will consider for employment qualified applicants with criminal histories, in accordance with the Los Angeles Fair Chance Initiative for Hiring.
At Cedars-Sinai, we are dedicated to the safety, health and wellbeing of our patients and employees. This includes protecting our patients from communicable diseases, such as influenza (flu). For this reason, we require that all new employees receive a flu vaccine based on the seasonal availability of flu vaccine (typically during September through April each year) as a condition of employment, and annually thereafter as a condition of continued employment, subject to medical exemption or religious accommodation. For the same reason, you may also be required to receive other vaccines as a condition of employment. Cedars-Sinai reserves the right to make modifications to its required list of vaccines as required by law and/or policy. Cedars-Sinai’s AA Policy Statement (PDF) (opens in new window)
