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Finance Business Analyst I

Company: Prisma Health
Location: Columbia
Posted on: November 11, 2019

Job Description:

Job Details Bachelor's Degree Required
2 years of experience required
All employees are expected to be knowledgeable and compliant with Palmetto Health USC Medical Group's values of compassion, dignity, excellence, integrity and teamwork.?Job Summary:? This job also constitutes the primary financial support staff for its designated service lines and departments.? Under direct supervision, this position will prepare financial and business related analyses, perform research on business performance, and prepare forecasts and analyze trends in finance as well as general business conditions. Utilizing PC and/or network based systems and software, this position will compile and prepare reports, graphs and charts of data.? It will assist in the development of business policies, conduct special financial and business related studies and cooperate with other departments in the preparation of analyses.? This position will know and apply fundamental concepts, practices and procedures related to departmental operations.? It will work collaboratively with Service Line Directors and Vice Presidents on an on-going basis and on projects as identified.? This position will also support managed care impact analysis and clinical pathway monitoring.? This position will work closely with finance and information systems staff to maintain technical competency.? This position must be able to advise the business unit director on financial and business matters, and be able to support requests for analysis and information by the business unit staff and leadership to meet deadlines.? Must be able to organize resources and lead projects as assigned by departmental leadership.? Interaction with managers, department directors, administrative staff and other hospital and vendor personnel is necessary.? Knowledge of Generally Accepted Accounting Principles, hospital accounting, cost accounting, principles of Medicare and Medicaid reimbursement, electronic spreadsheets, the hospital's information system, and the Trendstar decision support software are essential.? The ability to lead and manage projects from beginning to end, to concentrate upon detailed information for extended periods of time, to communicate effectively, and to effectively manage multiple tasks and projects with distinct and often competing deadlines, are critical.? Initiative, perseverance, a positive attitude, collaboration and teamwork are also characteristics that are key to successful performance. Education:Bachelor's degree required; Accounting or Finance preferredExperience: 2-5 years experience in health care / healthcare finance Number and Type of Employees Supervised:?0????Licensure, Registry or Certification Required: None required; CPA, ACHE and/or HFMA certification preferredSpecial Training: Microsoft Office Specialist core certification in Access, Excel, Powerpoint and Word, preferred?
????????????????????????????????????????????Key Responsibilities: Assists in the development of annual departmental budgets.Coordinates the capital budget process for the related areas of responsibility.Develops financial projections to support new programs or services.Supports strategic and business planning efforts.Coordinates Chargemaster changes.Performs ad hoc report writing to support information needs. Monitors and analyzes budget and staffing variances.Coordinates procedure-level cost accounting efforts.Reviews accounting and payroll summaries, including monthly reviews of the general ledger for the applicable business units.Identifies proactively and reactively revenue and expense opportunities and develops service line and multi-disciplinary solutions and recommendations.Other technical support of departmental business needs as identified.Provides effective information to supervisors and peers by telephone, in written form, e-mail or in person.Evaluates information to determine compliance with standards.Communicates effectively with hospital leadership and other personnel.

Keywords: Prisma Health, Columbia , Finance Business Analyst I, Professions , Columbia, South Carolina

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