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Financial Data Analyst

Finance
Status: 
Full Time
Department: 
Finance
Hours: 
Full Time
Description: 

MAJOR FUNCTION:
Under the general direction and supervision of the Finance and Revenue Cycle Manager performs the functions of the financial data analyst.  With a focus on detail and accuracy, the financial data analyst will research and analyze financial information to help the organization make well informed decisions, write reports, submit required payment applications and monitor financial movements.
 
ESSENTIAL FUNCTIONS:
• Works cooperatively with all employees to carry out the goals and objectives of Henry J. Austin Health Center, according to the established policies and procedures and current initiatives
• Works closely with Finance and Revenue Cycle Manager to establish priorities in duties/responsibilities
• Accurately collects data from a variety of sources such as financial data from the electronic medical record, Uniform Data System, Medicaid, Medicare, the state primary care office and accounting software etc.
• Assists in gathering and recording data into excel, access or other designated formats for reporting
• Providing creative alternatives and recommendations to increase revenue through contractual agreements and improve financial performance
• Assembling and summarizing data to structure sophisticated reports on financial status and risks
• Use statistical formulas to compute and also analyze data; Verify the accuracy, completeness, and reliability of data
• Compile statistics using sources such as records, reports, and surveys.
• Organize data, survey forms and supporting or source materials.
• Conduct business studies on past, future and comparative performance and develop forecast models
• Track and determine financial status by analyzing actual results in comparison with forecasts
• Search for and identify new sources and method of data collection.
• Gain and update job knowledge to remain informed about novelty in the field
• Demonstrates the ability to independently complete regular scheduled data collection, reports and work assignments
• Performs all related work as required.
 
EDUCATION:
• Bachelor's degree in related filed required – Business, Accounting, Finance, Mathematics, or Statistics. 
• Health care revenue cycle management or billing experience preferred
• Experience with MIP accounting software preferred
• Minimum of 3 years experience in reporting, consolidation and financial analysis.
• Advanced knowledge of Microsoft Office (emphasis on Excel & Access)
PREREQUISITES FOR THE JOB:
• Ability to read and comprehend instructions, correspondence and memos.  Ability to write correspondence; effectively present information in one-on-one and small group situations to, clients and other employees of the organization.
• Computer literacy including proficiency in Microsoft Word and Excel
• Skill in the application of modern office techniques and practices and the use and care of office machines and equipment.  Working knowledge of common software packages necessary to perform the functions of the position.
• Ability to use logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
 
PERSONAL CHARACTERISTICS
• Ability to work well with others and to assist the public and other staff members cooperatively and courteously.
• Must be detail oriented with strong organizational and analytical skills
• Excellent communication and interpersonal skills.
• Ability to complete projects timely and accurately critical
• Ability to convey information effectively.
• Strong initiative and ability to manage multiple projects as well as strong follow through skills
• Recognize and respect cultural diversity.
• Team work and collaboration 
• Demonstrates computer proficiency.
• Meets dress code standards; appearance in neat and clean.
• Reports to work on time and as scheduled; completes work within designated time.
• Wears identification while on duty
• Maintains patient confidentiality at all times.
• Completes in-services and returns in a timely fashion.
• Attends annual review and department in-services, as scheduled.
• Represents the organization in a positive and professional manner.
• Actively participates in performance improvement and continuous quality improvement (CQI) activities.
• Complies with all organizational policies regarding ethical business practices.
• Communicates the mission, visions and goals of the facility, as well as the focus statement of the department.
 
PHYSICAL DEMANDS:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
• While performing the duties of this job, the employee is regularly required to sit, working at a computer for extended periods of three hours or more; use hands to handle, finger or feel objects, tools or controls; and talk or hear, is frequently required to reach with hands and arms. The employee is required to stand which can be for long periods of time, walk and stoop, kneel, or crouch.  
• The employee must regularly lift and/or move up to ten (10) pounds and occasionally lift and/or move up to twenty-five (25) pounds.
• Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and the ability to adjust focus.
 
 
WORK ENVIRONMENT:
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
• The noise level in the work environment is usually moderate.