Senior Financial Analyst
- Port Saint Lucie, FL
- Permanent
- Full-time
Department: FinanceSummary:The role of Senior Finance Analyst - RCM FP&A supporting the ABC business is to provide focused finance partnership to Revenue Cycle Management (RCM) and other order to cash functions such as Customer Service and Referral Management. This position is primarily responsible for data mining and analytics to support the Revenue Cycle Management and will partner with leadership to drive the financial reporting and analytics process and “get underneath” the numbers. They are responsible for analyzing financial data, identifying opportunities for improvement, and implementing strategies to increase payments and reduce denials. This role requires a strong understanding of healthcare finance, data analysis, and regulatory compliance. ABC operates in a hybrid work environment.Responsibilities:RCM FP&A
- Partner with RCM and Order to Cash Leadership to provide finance and analytical support
- Drive analytics across AR aging, collection rates, bad debt, and payer adjustments
- Prepare, interpret and analyze financial data, business metrics, and report on KPI's focused on Collectability (Payment, Write-offs, and recoupments), denials and audits
- Model, forecast and track impact of initiatives to improve overall collectability
- Prepare financial and statistical reports and monitor trends and variances.
- Manage and manipulate data as required to maintain financial models.
- Partner with Order to Cash team to manage SG&A and drive efficiencies
- Assist with annual budget and monthly forecasting and closing process
- Complete special projects and provide ad-hoc analyses as requested
- Prepare monthly Collectability and Write Off Reporting including Denials, Audits, etc.
- Improve and drive Monthly OPEX and Headcount reporting for Order to Cash Function
- 5-8 years of Finance Experience is required with 3 Years financial planning and analysis, Revenue Cycle, Reimbursement, Cost analysis in a healthcare related field
- Bachelor's degree in Finance/Accounting or equivalent degree. MBA and/or CPA preferred
- Ability to effectively partner and communicate with US leadership Team and think cross-functionally
- Ability to manipulate large sets of data in multiple databases is required.
- Ability to utilize Microsoft Excel and Power BI on a routine basis and will need to be an advanced user of these products.
- Ability to apply financial concepts and connect financial opportunities
- Ability to effectively prioritize multiple demands and meet deadlines
- Strong analytical skills and financial modeling skills
- Experience with Brightree
- Speak/write in English