You are applying for a position through Medix, a staffing agency. The actual posting represents a position at one of our clients.
Job Summary
Our client is seeking a Senior Finance Analyst who will be responsible for the preparation, analysis, and distribution of service line financial reports, including Monthly Financials and Productivity Graphs. The role involves close collaboration with the Director of Finance and CFO.
Key Responsibilities
- Perform financial analysis, auditing, and reporting for assigned KPN practices and service lines.
- Prepare, analyze, and distribute service line financial reports, including Monthly Financial Statements and Productivity Graphs.
- Prepare monthly financial reports for the Director of Finance and Chief Financial Officer (CFO) of KPN.
- Develop, analyze, and communicate physician compensation models to management, operations teams, and physicians.
- Monitor and analyze Revenue Cycle Key Performance Indicators (KPIs), including:
○ Charges, Payments, Adjustments
○ Net Collection Rate
○ Denial Trends
○ Days in Accounts Receivable (A/R)
○ A/R Over 90 Days
○ Bell Curves
○ Charge Lag
- Prepare and review service line practice comparison reports, bi-weekly productivity reports, and wRVU trending reports.
- Collaborate with Network Development on pro forma development for physician recruitment and practice acquisitions.
- Assist in developing the KPN Operating Budget for assigned practices and lead the KPN
- Capital Budget process.
- Preparation, analysis, and distribution of assigned service line financial reports such as Monthly Financials and Productivity Graphs.
- Prepare monthly financial reports for the Director of Finance and CFO.
- Monitor, report, and analyze Key Performance Indicators related to Revenue Cycle: Charges, Payments, Adjustments, Net Collection Rate, Denial Trends, Days in A/R, A/R over 90 Days, Bell Curves, Charge Lag, etc.
Qualifications
- Bachelor’s degree with a major in Accounting, Finance, or a business-related field.
- Ability to quickly establish rapport and working relationships with Directors of Operations for assigned service areas to diagnose trends, analyze financials, and help develop business plans to improve financial performance.
Experience
- Healthcare experience preferred.
Hours Per Week
40
Benefits
- Paid Sick Leave (Medix provides paid sick leave according to state and local sick leave ordinances).
- Health Benefits / Dental / Vision (Medix offers 6 different health plans: 3 Major Medical Plans, 2 Fixed Indemnity Plans (Standard and Preferred), and 1 Minimum Essential Coverage (MEC) Plan. Eligibility for health benefits is based on verifying that an average of 30 hours per week during the first 4 weeks of the work assignment has been met. If you meet eligibility requirements and take action to enroll, you will be covered no earlier than 60 days into your assignment, depending on plan selection(s)).
- 401k (Eligible on the first 401k open enrollment date following 6 consecutive months on assignment. 401k Open Enrollment dates are 1/1, 4/1, 7/1, and 10/1).
- Short Term Disability Insurance.
- Term Life Insurance Plan.
Required Employment / Compliance Language
*We will consider for employment all qualified Applicants, including those with criminal histories, in a manner consistent with the requirements of applicable federal, state, and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance (FCIHO), Los Angeles Fair Chance Ordinance for Employers (ULAC), The San Francisco Fair Chance Ordinance (FCO), and the California Fair Chance Act (CFCA).
Medix Overview:
With over 20 years of experience connecting organizations with highly qualified professionals, Medix is a leading provider of workforce solutions for clients and candidates across the healthcare, scientific, technology, and government industries. Through our core purpose of positively impacting lives, we’re dedicated to creating opportunities for job seekers at some of the nation's top companies. As an award-winning career partner, Medix is committed to helping talent find fulfilling and meaningful work because our mission is to help you achieve yours.
*As a job position within our Insurance division, a successful completion of a background check may be required as a condition of employment. This requirement is directly related to essential job functions including but not limited to: accessing medical and confidential records, verifying financial information, and working within departments that care for vulnerable populations, such as, minors, elderly and those with physical or mental disabilities. Due to these job duties, this position has a significant impact on the business operations and reputation, as well as the safety and well-being of individuals who may be cared for as part of the job position or who may interact with staff or clients