Senior Financial Analyst

MedStar Health · Baltimore, MD

Company

MedStar Health

Location

Baltimore, MD

Type

Full Time

Job Description

General Summary of PositionProvides support on the coordination and completion of financial and operating reporting and analysis for the Organization. This includes but is not limited to ad-hoc reporting, budgeting, forecasting, and general ledger analysis.We recruit, retain, and advance associates with diverse backgrounds, skills, and talents equitably at all levels.

Primary Duties and Responsibilities

  • Contributes to the achievement of established department goals and objectives and adheres to department policies, procedures, quality standards, and safety standards. Complies with governmental and accreditation regulations.
  • Investigates and resolves problems using the Enterprise Resource Planning (ERP) system relating to Income Performance Analysis, Labor Distribution Report, Receipts Accrual Report, and Accounts Payable Distribution.
  • Participates in meetings and on committees and represents the department and Organization, as required.
  • Participates in multi-disciplinary quality and service improvement teams.
  • Performs other duties as assigned.
  • Prepares analysis considering statistical components (hours worked, hours paid, patient days, visits per 1,000 etc.) to provide business advice, productivity improvement, performance analysis, and cost control suggestions to management.
  • Prepares and analyzes monthly operating variance reports, and cost and feasibility studies. Uses Excel, Access, and ERP system and other tools to produce as-needed reports. Prepares graphs in Excel or other tools.
  • Prepares financial figures for presentations and oversees the accurate and timely completion of the presentation.
  • Prepares the operating budget and long-range financial forecast for the assigned diversified entities. Works with the business unit management team in projecting revenue, salary, and operating expense budgets. Explains budget reports to managers. Prepares additional reports as required or requested by management.
  • Minimum Qualifications

    Education

    • Bachelor's degree in Accounting, Finance required or
    • related field. required

    Experience

    • 3-4 years Related experience in a healthcare setting required

    Licenses and Certifications

    • CPA (Certified Public Accountant) certification preferred

    Knowledge, Skills, and Abilities

    • Working knowledge of Microsoft Excel, Microsoft Word, Microsoft Teams, Access, and PowerPoint software applications.
    • SQL knowledge preferred.
    • Verbal and written communication skills.

    Why MedStar Health?

    At MedStar Health, we understand that our ability to treat others well begins with how we treat each other. We work hard to foster an inclusive and positive environment where our associates feel valued, connected, and empowered. We live up to this promise through:

    • Strong emphasis on teamwork - our associates feel connected to each other and our mission as an organization. In return, our effective team environment generates positive patient outcomes and high associate satisfaction ratings that exceed the national benchmark.
    • Strategic focus on equity, inclusion, & diversity - we are committed to equity for all people and communities. We continue to build a diverse and inclusive workplace where people feel a sense of belonging and the ability to contribute to equitable care delivery and improved community health outcomes at all levels of the organization.
    • Comprehensive total rewards package - including competitive pay, generous paid time off, great health and wellness benefits, retirement savings, education assistance, and so much more.
    • More career opportunities closer to home - as the largest healthcare provider in the Baltimore-Washington, D.C. region, there are countless opportunities to grow your career and fulfill your aspirations.

    About MedStar Health

    MedStar Health is dedicated to providing the highest quality care for people in Maryland and the Washington, D.C., region, while advancing the practice of medicine through education, innovation, and research. Our team of 32,000 includes physicians, nurses, residents, fellows, and many other clinical and non-clinical associates working in a variety of settings across our health system, including 10 hospitals and more than 300 community-based locations, the largest home health provider in the region, and highly respected institutes dedicated to research and innovation. As the medical education and clinical partner of Georgetown University for more than 20 years, MedStar Health is dedicated not only to teaching the next generation of doctors, but also to the continuing education, professional development, and personal fulfillment of our whole team. Together, we use the best of our minds and the best of our hearts to serve our patients, those who care for them, and our communities. It's how we treat people.

    MedStar Health is an Equal Opportunity (EO) Employer and assures equal opportunity for all applicants and employees. We hire people to work in different locations, and we comply with the federal, state and local laws governing each of those locations. MedStar Health makes all decisions regarding employment, including for example, hiring, transfer, promotion, compensation, benefit eligibility, discipline, and discharge without regard to any protected status, including race, color, creed, religion, national origin, citizenship status, sex, age, disability, veteran status, marital status, sexual orientation, gender identity or expression, political affiliations, or any other characteristic protected by federal, state or local EO laws. If you receive an offer of employment, it is MedStar Health's policy to hire its employees on an at-will basis, which means you or MedStar Health may terminate this relationship at any time, for any reason.

    Date Posted

    03/13/2024

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