Financial Analyst - Remote initially then onsite in Palo Alto, CA post-Covid - Georgia IT Inc.
Palo Alto, CA
About the Job
Position: Financial Analyst
Location: Remote initially then onsite in Palo Alto, CA post-Covid
Duration: 6 Months Contract to Hire
US Citizen, Green Card only No Third-party agencies corp to corp.
Required
Budget Development and Analysis:
Location: Remote initially then onsite in Palo Alto, CA post-Covid
Duration: 6 Months Contract to Hire
US Citizen, Green Card only No Third-party agencies corp to corp.
Required
Budget Development and Analysis:
- Advises and counsels SHC staff in assigned areas in budget preparation procedures and processes.
- Responsible for a group of assigned budgets by the administrator and selected service lines.
- Maintains liaison with department or service line business managers and administrative staff in the preparation and analysis of budgets and financial analysis of departmental or service line operations.
- Develops operational and capital budgets in conjunction with department managers.
- Monitors actual expenditures versus budget and prepares written reports and analyses to hospital management setting forth progress, adverse trends, and appropriate recommendations or conclusions.
- Suggests improvements to enhance the budget process.
- Provides financial support to administrators, department managers, and service line managers.
- Evaluates new programs and services for financial feasibility with respect to inpatient and outpatient clinical operations, hospital services, as well as medical group services.
- Assists service line management in the ongoing evaluation of products, programs, and/or clinical initiatives; recommends modifications and corrective actions to existing practices as appropriate.
- Coordinates collection, interpretation, and analyses of clinical and financial data to respond to proposals for new products, services, and/or programs; identify and validate sources of data to include, but not be limited to medical records, financial data, competitor data, patient volumes, benchmark data from other healthcare institutions, etc. and ensures accurate and timely submissions to external regulatory and reporting agencies as required.
- Participates in the cost data development process and validation of cost standards.
- Supports special projects and analytical activities as assigned.
- Analyzes clinical revenue programs as requested by departments, administrators, and other managers.
- Prepares reports and analyses setting forth progress, adverse trends, and appropriate recommendations or conclusions.
- Performs variance analysis for assigned cost centers and selected service lines and advises management, including department or service line business managers, in order to provide information and to resolve problems concerning variances from the approved budget.
- Assists managers in understanding variance and other financial reports distributed by the Finance Department.
- Develops or recommends improvements/enhancements to management reporting tools as needed.
- Provides information to hospital and clinic management for the development of cost allocations.
- Assists in reconciling decision support or budget data to source systems.
Source : Georgia IT Inc.