Trinity Health

Senior Financial Analyst

Saint Joseph Mercy Health System Hospital Campus - Chelsea, Mi Full time

Employment Type:

Full time

Shift:

Day Shift

Description:

Applicants for this position must be authorized to work for any employer in the U.S. We are unable to sponsor an employment visa for this position.

Department: Local Finance

Location: Trinity Health Chelsea

Minimum Salary: $73,500

Total Rewards and Benefits:

  • Competitive compensation, DAILYPAY

  • Benefits effective Day One! No waiting periods.

  • Full benefits package including Medical, Dental, Vision, PTO, Life Insurance, Short and Long-term Disability

  • Retirement savings plan with employer match and contributions

  • Opportunity for growth and advancement throughout Trinity Health

  • Tuition Reimbursement

Position Purpose:

Acts as the key financial resource/consultant on all financial related matters for SJMHS business unit(s).  Serves to communicate, resolve, manage and technically support financial issues of the business unit/Department.  Evaluates fiscal requirements and acts to establish and implement financial systems, controls, and procedures. Prepares and analyzes financial plans/new program feasibility. Coordinates, conducts, and documents special/unique financial analysis projects.

Shift Available: Days

Status Available: Full-time, 40 hours/week

Required Qualifications:

Education:

  • Bachelor’s degree in finance, accounting or economics reflecting an in-depth knowledge/understanding of financial analysis, budgeting, and cost accounting techniques.

Experience:

  • Usually, five to seven years related experience (in health care or industry with exposure to accounting systems and procedures, budgeting, forecasting techniques, financial analysis of institutional profitability).

  • Familiarity with personal computers and general software applications. 

  • Well-developed verbal/written communication, analytical and interpretative skills.

What you will do:

  • Assists Department Management in interpreting financial policies and integrating into department operations as appropriate.

  • Interfaces daily with department management to provide technical and informational assistance relative to financially related matters.

  • Establishes a plan of control in conjunction with Department management by means of a formal operating budget.  Providing a standard of measurement so that actual performance can be evaluated.  Prepares monthly variance analysis; analyze, investigate, and determine the reasons for major deviations between actual and budgeted amounts for revenues and expenses.  Provide explanations for significant variances, devises potential solutions with in conjunction with department leadership.

  • Prepares special cost study analysis; develops a wide variety of department financial plans to include pricing, reimbursement, and statistical analysis.

  • Prepares feasibility studies relative to new/expanded programs and services, monitors the financial performance of existing programs.

  • Develops and monitors cost accounting standards for TSI decision support system.  Evaluate and recommend changes when needed in Department pricing structure.

  • Performs statistical analysis developing correlations between various activity measures, cost/revenue and productivity indicators.

  • Serves as a member of various task forces/committees.

  • Reviews health care financial literature and coordinates changes in operations to comply with the current trends and/or regulation.

  • May have accountability to ensure that billing function is completed in a timely, accurate and complete manner.

  • Develop financial analytical tools to support decision-making.

  • Analyzes vendor contracts, participates in negotiations as appropriate.

Our Commitment

Rooted in our Mission and Core Values, we honor the dignity of every person and recognize the unique perspectives, experiences, and talents each colleague brings. By finding common ground and embracing our differences, we grow stronger together and deliver more compassionate, person-centered care. We are an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other status protected by federal, state, or local law.