Job Description
Financial Analyst - Financial Planning & Analysis
Department: Finance / Revenue Cycle / Operations
Reports To: CFO
FLSA Status: Exempt
Job Summary:
Financial Analyst - Financial Planning & Analysis is responsible for collecting, analyzing, and reporting financial data related to healthcare operations, revenue cycle, payer performance, and patient services. This role provides actionable insights and supports decision-making for leadership through accurate financial forecasting, cost analysis, and performance benchmarking.
Key Responsibilities:
- Analyze financial data including revenue, expenses, AR aging, compensation and margin reports to support strategic initiatives
- Monitor and report on key performance indicators (KPIs), such as Days in AR, Denial Rates, Collections, and Cost per Encounter
- Develop and maintain financial models to forecast revenue, costs, and profitability for service lines or departments
- Provide monthly and quarterly financial reports and variance analysis against budget and prior periods
- Partner with clinical, operational, and revenue cycle teams to evaluate financial impacts of process changes or strategic initiatives
- Interpret payer contracts and reimbursement trends to support contract negotiations and revenue optimization
- Support budgeting and forecasting processes, including gathering data, validating assumptions, and identifying risks or opportunities
- Assist with audits, regulatory reporting, and compliance with internal controls
- Use tools like Excel, Tableau, Power BI, or EHR/ERP systems (e.g., Athena, Epic, Cerner, Meditech, Oracle, or Workday) for reporting and analysis
Qualifications:
Education:
- Bachelor’s degree in Finance, Accounting, Healthcare Administration, Economics, or related field (required)
- Master’s degree or CPA/CHFP/CMA designation (preferred)
Experience:
- 2–5 years of experience in financial analysis, preferably in a healthcare setting (hospital, clinic, or health system)
- 2-5 years of experience with forecasting, budgeting and compensation models
- Experience with healthcare revenue cycle operations and payer reimbursement models is a plus
- Advanced Excel skills with pivot tables, V-Lookup experience
- Athena and QuickBooks Online experience is a plus
Skills:
- Strong analytical, problem-solving, and communication skills
- Proficient in Excel, financial modeling, and data visualization
- Familiarity with healthcare analytics, costing, benchmarking, and industry metrics
- Familiarity with accounting and financial reporting systems
- Ability to manage multiple projects and deadlines in a fast-paced environment
Preferred Knowledge Areas:
- Revenue Cycle KPIs (e.g., DNFB, A/R Aging, Collections)
- Healthcare cost accounting and compensation analytics
- Medicare/Medicaid and commercial payer reimbursement methodologies
- Value-based care models and healthcare finance trends
Job Type: Full-time
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Employee assistance program
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Retirement plan
- Vision insurance
Education:
Experience:
- QuickBooks: 1 year (Preferred)
- Athenahealth: 1 year (Preferred)
- Budgeting: 1 year (Required)
- Forecasting: 2 years (Required)
- Healthcare: 2 years (Preferred)
Location:
- Mesa, AZ 85202 (Required)