Financial Analyst in Brentwood, TN at Parallon

Date Posted: 6/19/2018

Job Snapshot

Job Description

Parallon believes that organizations that continuously learn and improve will thrive. That's why, after more than a decade, Parallon remains dedicated to helping hospitals and hospital systems operate knowledgeably, intelligently, effectively and efficiently in the rapidly evolving healthcare marketplace, today and in the future. 

As one of the healthcare industry's leading providers of business and operational services, Parallon is uniquely equipped to provide a broad spectrum of customized services in the areas of revenue cycle, purchasing, supply chain, technology, workforce management and consulting. 

Parallon's purpose is simple. We serve and enable those who care for and improve human life in their communities.  Job Summary – The Financial Analyst provides operational and financial analysis to Shared Service Center (SSC) operational unit leaders and senior leadership. The Financial Analyst generates and delivers variance analysis, reports key financial statistics and assists business unit leaders in managing information effectively to optimize departmental efficiency and performance.





Financial Analyst

Supervisor – Accounting Manager

Supervises – N/A

Duties (included but not limited to):
• Works closely with operations departments to assess and report performance. 
• Coordinates scheduled and ad hoc data and analysis requests across SSC operational units
• Develop, test and deliver scheduled and ad hoc reports.
• Assists in the development of financial data collection and measurement tools within the SSC.
• Proactively review and provide data analysis and financial impact assessments to support SSC operations.
• Prepares and analyzes Monthly Operating Reports (MORs).
• Monitor defined reports and work with applicable departments to ensure financials are properly stated at month end. 
• Creates and supports exception-based report generation for all departments.
• Understands revenue cycle operations and technologies currently in place.
• Practice and adhere to the “Code of Conduct” philosophy and “Mission and Value Statement.”
• Other duties as assigned.

AR:

  • Responsible for ensuring accuracy of high volume Accounts Receivable from PPMS to General Ledger for a variety of systems (eClinicalWorks, Epic).
  • Daily reconciliation of Accounts Receivable, conducting variance analysis, and resolution of open items.
  • Maintaining and continually reducing list of outstanding Accounts Receivable issues based on pre-defined criteria
  • Coordinating with multiple departments including Financial Reporting, Treasury, Cash Receipts, Refunds, Support Services, and Practice Accounting for communication and resolution of issues.

AP:
  • Vendor setup and maintenance.
  • Processing payments for outstanding invoices.
  • Invoice tracking and trending.
  • Research and analysis of automated Accounts Payable processes

 
General Ledger:
  • Prepare monthly journal entries and analyses as required to accurately close the monthly fiscal period
  • Prepare monthly reconciliation for all Balance Sheet accounts, including documentation to support all balances



Knowledge, Skills & Abilities
• Financial analysis skills - knowledge of research techniques sufficient to collect and interpret data. Knowledge of descriptive statistics to analyze statistical data and prepare projections. Skill in interpreting and analyzing data. Skill in examining documents and quantitative/qualitative metrics for correctness and accuracy. Ability to apply business intelligence strategies to convert business cases into solutions. Knowledge of legal and fiscal requirements and regulations.
• Communication - communicates clearly and concisely, verbally and in writing. This includes utilizing proper punctuation, correct spelling and the ability to transcribe accurately.
• Organization - proactively prioritizes needs effectively. 
• Customer orientation - establishes and maintains long-term customer relationships, building trust and respect by consistently meeting and exceeding expectations.
• Interpersonal skills - able to work effectively with others.
• PC skills - demonstrates advanced proficiency in Microsoft Excel, Microsoft Office suite, and in other applications as required. Demonstrate knowledge of relational databases, including SQL queries.
• Policies & Procedures - demonstrates knowledge and understanding of organizational policies, procedures and systems.
• Basic skills - Able to perform mathematical calculations and understands basic accounting functions

Knowledge of accounting systems strongly preferred 


EDUCATION
• Bachelor’s degree with focus in Accounting, Finance, Economics or other Business-related field, required. 
• Equivalent work experience may substitute degree requirement

EXPERIENCE
• 1-2 years progressive accounting/finance experience required, preferably in healthcare revenue cycle.
• Basic SQL and/or Business Objects query writing experience preferred.

Experience with PPMS (eClinicalWorks, Epic) strongly preferred 





PHYSICAL DEMANDS/WORKING CONDITIONS – Requires prolonged sitting, some bending, stooping and stretching. Requires eye-hand coordination and manual dexterity sufficient to operate a keyboard, photocopier, telephone, calculator and other office equipment. Requires normal range of hearing and eyesight to record, prepare and communicate appropriate reports. Requires lifting papers or boxes up to 25 pounds occasionally. Work is an office environment. Work may be stressful at times. Contact may involve dealing with angry or upset people. Staff must remain flexible and available to provide staffing assistance for any/all disaster or emergency situations.

OSHA CATEGORY – The normal work routine involves no exposure to blood, body fluids, or tissues (although situations can be imagined or hypothesized under which anyone, anywhere, might encounter potential exposure to body fluids). Persons who perform these duties are not called upon as part of their employment to perform or assist in emergency care or first aid, or to be potentially exposed in some other way.