Under the direction of the Manager of Financial Analysis. the Senior Financial Analyst is responsible for performing high level research and analysis for decision-making purposes to assist Benefis Health System Leadership in achieving the overall goals, values and strategic endeavors of the System. The Senior Financial Analyst also supports the administration of compensation and operational analysis for the Benefis Medical Group.
DUTIES AND RESPONSIBILITIES:
Organize, perform, and oversee the performance of analyses including, but not limited to, cost analysis, utilization analysis, service line analysis, payor mix analysis, statistical analysis, financial analysis, feasibility analysis and productivity analysis, and market share analysis.
Perform quantitative and qualitative analyses related to all aspects of actual performance, financial plans and capital business plans, and communicate results and recommendations effectively. This requires the development of robust models that serve as the basis for evaluating submitted plans and forecasts vs. expected results.
Support the development and presentation of long range financial plans and annual budgets including consolidation at the BHS level.
Provide support to leadership related to creating operational and capital related pro-forma statements and business plans.
Prepare information and create presentations for senior leadership, various organizational committees, along with the system and entity boards of directors.
Primary responsibility for the maintenance and use of the long-range financial forecast model (Axiom Financial Planning)
Lead major aspects of the BHS annual capital and operational financial planning process (Axiom Budget and Axiom Capital Planning)
Define, create and deploy financial reports/tools (Axiom Management Reporting and Productivity Management)
Maintains the Axiom software suite and ensures the accuracy of assigned datasets.
Validate data from the multiple systems used and ensures the integrity and accuracy of the data/analysis being provided.
Lead the maintenance of the Meditech Cost Accounting system and provides clear, accurate, and actionable reporting and analysis.
Assist with the maintenance of the physician dashboard and the administration of provider compensation, including the quarterly reconciliation process.
Use tools such as Microsoft Visual Studio and Power Pivot to query and report from Meditech, NextGen and other BHS databases
Support the effort of continuously improving existing planning systems and contribute to the conceptual development of new tools and approaches that enhance the overall planning, forecasting and budgeting processes.
Support the development and update of all finance department training manuals on a periodic basis. This includes comprehensive testing of all planning tools ensuring that the user guides correctly state process and system functionality.
Develop and maintain Financial Planning Department policies and procedures related to area of responsibility.
Educate and train BHS staff and leaders on software and processes within the scope of position responsibilities.
Review the work of other staff within the finance division.
Develop strong working relationships all levels of BHS leadership and with peers in the Information Technology Services division.
Effectively prioritizes and balances multiple tasks and activities, thus ensuring that assignments are completed on time.
Is flexible, organized and functions well under stressful situations. Maintains a good working relationship within the financial division as well as with all other BHS departments.
Consistently demonstrates initiative and a professional, self-directed approach to department responsibilities and an ability to meet deadlines.
Stays current on developments in healthcare and healthcare regulations through professional development, involvement in professional organizations, and attendance at professional meetings, conferences or workshops.
Demonstrates the ability to deal with pressure to meet deadlines, to be accurate, and to handle constantly changing situations.
Demonstrates the ability to deal with a variety of people, deal with stressful situations, and handle conflict.
Adheres to dress code.
Completes annual educational requirements.
Maintains regulatory requirements.
Wears identification while on duty.
Maintains confidentiality at all times.
Attends department staff meetings as required within the department.
Reports to work on time and as scheduled; completes work in designated time.
Represents the organization in a positive and professional manner.
Actively participates in performance improvement and continuous quality improvement (CQI) activities.
Coordinates efforts in meeting regulatory compliance, federal, state and local regulations and standards
Communicates and complies with the Benefis Health System Mission, Vision and Values as well as the focus statement of the department.
Complies with Benefis Health System Organization Policies and Procedures.
Complies with Health and Safety Standards and Guidelines.
Bachelors Degree in Accounting, Business, Finance or related field.
Minimum of 3 years of healthcare related experience
Masters Degree with emphasis in Business, Finance or Healthcare strongly preferred
As a not-for-profit community health system, Benefis is driven to provide the highest level of care. We serve nearly 230,000 residents across a 15-county region that is bigger than Connecticut, Massachusetts, New Hampshire and Vermont combined. Benefis is the largest non-governmental employer in the Great Falls area, with more than 3,000 employees. Benefis has 530 licensed beds (that includes 146 beds in long-term care, 71 in assisted living and 20 beds at Peace Hospice of Montana) and partners with over 250 area physicians.
Our hospital has been recognized for its exceptional work in quality care by providing a wide range of programs and services to help you live the best life possible. We’re here to help you “Live well.”
Benefis Health System came about when two Christian-based hospitals became one. Our founders believed in providing good care to all in need, and trusted that this would be accomplished. The Benefis name was derived using Latin root words: "Bene-" meaning good, and "fis-" for faith and trust. It’s these same root words that make up such terms as ‘be...neficial’ and ‘confidence'. Benefis has been a trusted provider of care for more than 125 years. And our name speaks to our commitment: good care one can put faith in.
Benefis is consistently ranked among America’s top hospitals by the nation’s leading healthcare ratings organizations for a range of services, including cancer care, joint replacement, stroke treatment, wound care and home health.
To learn more about our services, continue looking through our website at WWW.BENEFIS.ORG or call 406.455.5000.