Financial Analyst

Posted:
7/8/2024, 5:00:00 PM

Location(s):
Shelby, Montana, United States ⋅ Conrad, Montana, United States ⋅ Montana, United States

Experience Level(s):
Junior ⋅ Mid Level

Field(s):
Finance & Banking

Job Description Summary:

Logan Health is looking for a Financial Analyst to join their team! This position can be worked out of our Shelby, MT, or Conrad, MT locations.

The Financial Analyst identifies, collects, analyzes, and maintains data sources to evaluate issues that support prospective business decisions. Assists stakeholders with month-end close analysis, oversight and annual budget assistance. Prepares and reviews Provider compensation requests for payroll and prepares monthly Provider compensation accruals.

Qualifications:

  • Minimum of one (1) of the following required:

    • Bachelor's degree in Finance, Accounting or Business. 

    • Equivalent combination of education and/or experience from which comparable knowledge and abilities are acquired.

  • Minimum of two (2) years’ finance experience required. 

  • Must have strong computer application skills with demonstrated competence with Microsoft Excel and data analytic tools required. Meditech experience preferred.

  • A solid understanding of financial concepts, ratios and valuation methodologies required.

  • Excellent organizational skills, detail-oriented, a self-starter, possess critical thinking skills and be able to set priorities and function as part of a team as well as independently.

  • Commitment to working in a team environment and maintaining confidentiality as needed.

  • Excellent verbal and written communication skills including the ability to communicate effectively with various audiences.

  • Excellent interpersonal skills with the ability to manage sensitive and confidential situations with tact, professionalism, and diplomacy.

Job Specific Duties:

  • Provides decision support and financial analysis for assigned Logan Health entities/departments. Process includes, but is not limited to the following responsibilities;

  • Researches, analyzes, identifies, and evaluates data from internal systems to evaluate existing and potential trends and issues.  

  • Recommends, communicates, and implements solutions to identified problems/root cause of issues.

  • Provides financial insights and guidance to operations and corporate team as required.

  • Represents and participates in group and/or committee discussions.

  • Oversees operating budget process for assigned Logan Health entities/departments. Process includes, but is not limited to the following responsibilities;

  • Trains leadership on software and tools available for budget preparation.

  • Ensures timelines are adhered to.

  • Assists leadership in obtaining relevant data points for consideration.

  • Evaluates leadership’s proposed budget staffing, comparing productivity to prior year and benchmarks.

  • Reviews completed budget with leadership to ensure completeness and accuracy.

  • Directs variance reporting and productivity analysis process for assigned Logan Health entities/departments. Process includes, but is not limited to following responsibilities;

  • Trains leadership on software and tools available for performance reporting and productivity reviews.

  • Provides data validation, ensures data from various reporting platforms is consistent and accurate, and provides root cause analysis, communication, and solutions when issues are identified.

  • Oversees and assists leadership with the development and documentation of bi-weekly, monthly and year-to-date variance analysis.

  • Works with leadership to develop, update, and manage to daily productivity for relevant departments.

  • Assists leadership in compiling data analysis to support variance comments.

  • Assists leadership in the development and documentation of targeted Action Plans for financial / productivity improvement.

  • Facilitates review meeting between leadership and Finance and Ops Directors to report on variance analysis and action plans.

  • Processes, prepares, and/or peer reviews Provider compensation requests. Ensures supporting documentation is attached and reviews contract documentation to ensure pay request is consistent with contract language. Communicates with leadership when issues are identified. Responsible for ensuring quarterly and/or annual reconciliations are performed and any “Caps” are tracked in compliance with contracts.

  • Prepares all provider compensation accrual entries as required.

The above essential functions are representative of major duties of positions in this job classification.  Specific duties and responsibilities may vary based upon departmental needs.  Other duties may be assigned similar to the above consistent with knowledge, skills and abilities required for the job.  Not all of the duties may be assigned to a position.

Maintains regular and consistent attendance as scheduled by department leadership.

Logan Health takes great pride in offering its employees a comprehensive benefits package that includes:

  • Health, Dental, and Vison insurance

  • 401(k) with generous matching

  • Employer-provided life insurance

  • Voluntary life and disability insurance options

  • Critical Illness and Voluntary Accident options

  • Employee assistance program (EAP)

  • FSA or HSA option

  • Free parking

  • Paid time off, Holiday pay, and Illness bank

  • Employee referral program

  • Tuition Reimbursement Program

  • Employee Wellness Program that includes wellness coaching, classes, wellness incentives and more

  • Logan Health Fitness Center - Waived registration fee and 1/2 off monthly membership dues

Shift:

Day Shift - 8 Hours (United States of America)

Schedule Details:

Please know schedules and shifts are subject to change based on patient care and department/organizational needs.

Schedule:

Logan Health operates 24 hours per day, seven days per week.  Schedules are set to accommodate the requirements of the position and the needs of the organization and may be adjusted as needed.

Notice of Pre-Employment Screening Requirements

If you receive a job offer, please note all offers are contingent upon passing a pre-employment screening, which includes:

  • Criminal background check

  • Reference checks

  • Drug Screening

  • Health and Immunizations Screening

  • Physical Demand Review/Screening

Equal Opportunity Employer

Logan Health is an Equal Opportunity Employer (EOE/AA/M-F/Vet/Disability). We encourage all qualified individuals to apply for employment. We do not discriminate against any applicant or employee based on protected veteran status, race, color, gender, sexual orientation, religion, national origin, age, disability or any other basis protected by applicable law. If you require accommodation to complete the application, testing or interview process, please notify Human Resources.