Sr. Financial Analyst

SCP HealthLafayette, LA
1d

About The Position

At SCP Health, what you do matters As part of the SCP Health team, you have an opportunity to make a difference. At our core, we work to bring hospitals and healers together in the pursuit of clinical effectiveness. With a portfolio of over 8 million patients, 7500 providers, 30 states, and 400 healthcare facilities, SCP Health is a leader in clinical practice management spanning the entire continuum of care, including emergency medicine, hospital medicine, wellness, telemedicine, intensive care, and ambulatory care. Why you will love working here: - Strong track record of providing excellent work/life balance. - Comprehensive benefits package and competitive compensation. - Commitment to fostering an inclusive culture of belonging and empowerment through our core values - collaboration, courage, agility, and respect. JOB PROFILE SUMMARY: The core functionality of the Senior Financial Analyst is to provide financial analysis and leadership in support of the VP of Finance, Business Development and the New Business Development Sales Team. This role is expected to provide critical analysis and communicate clearly with all stakeholders. The Senior Analyst is expected to be highly organized and manage desperate information and propose solutions for the development of New Business Proposals and Processes. To be successful in this position, the desired candidate would have strong communication skills, analytical proficiency, a strong sense of urgency, and a willingness and desire to lead. Success in this position will also be determined by vision, execution, and follow-through in all aspects of their job. The expectation is that the candidate will provide leadership in a complex, information asymmetric, and fast-paced environment where-in he/she will deliver results consistently and accurately, while helping the VP of Finance, Business Development manage the workload of the department. CORE VALUES Agility – Due to the rigorous pace set by the CFO’s office and sales team the ability to change direction without hesitation and apprehension is essential. Courage – When interacting with all levels of management it is important to ensure that all models are financially viable and aligned with the success and growth of the company, regardless of the other parties’ position within the organization. The analyst will ensure that the financial and strategic risks of proposed courses of action are clearly articulated. Respect – In all communication internally and externally the Analyst is expected to provide professional and unbiased analysis. In the event of a disagreement with the analyst’s analysis it is the analyst’s responsibility to report this to the VP of Finance, Business Development. To which the VP of Finance, Business Development can then provide guidance on the proper course of action. Collaboration – The Analyst is expected to work with all members of the finance team to help facilitate a team environment. The Analyst is also expected to provide guidance to less senior members of the team by helping train and mentor. Due to the nature of the work it is also expected that the Analyst will provide training and support to any outside departments that require assistance in understating the inputs and outputs of the financial model.

Requirements

  • Must have strong analytical, problem-solving and decision-making skills
  • Proficiency in Excel, Access, Analytical Software Suite, Billing Systems
  • Must be able to work in a team environment and communicate effectively
  • Must be able to work in a high-stress, time sensitive environment
  • Must be able to multi-task handling multiple deals at once
  • Bachelor’s degree: Finance, Economics, Accounting, Math, Data/Computer Science, Health Information Management, or Statistics is required
  • Strong analytical skills, data presentation, technical capabilities and metric management
  • Must be able to execute on analysis and recommend outcomes based on interpretation of data.
  • Excellent interpersonal skills with immediate team and other internal partners
  • Team oriented with strong Influence and negotiation skills
  • Relationship building skills - develop partnerships to drive results
  • Problem solving skills, critical thinking and decision-making skills
  • Strong organizational skills with the ability to multi-task in a fast paced environment
  • Excellent verbal and written communication skills; executive presentation skills
  • Ability to prioritize and adhere to strict deadlines
  • Self-determined with the ability to work independently and multitask in a fast paced environment
  • Ability to troubleshoot issues independently
  • Adeptness at learning proprietary software applications
  • Expert use of Microsoft, Word, Excel, and PowerPoint
  • Very detail oriented individual
  • Job requires a high level of mental awareness
  • Must be able to conduct themselves in a professional manner via phone, e-mail, business letters, etc.
  • Must be able to work under high stress and pressure while maintaining a professional attitude
  • Must have 5 or more years of financial modeling analysis

Nice To Haves

  • Prior exposure to the following is a plus: VBA; JavaScript; MicroStrategy; Oracle BI; Tableau; SASS; R; STATA; HOST Analytics; Workday; Kronos
  • Knowledge of relational / multi-dimensional databases
  • Ability to write SQL; MDX Queries a plus
  • Healthcare finance experience a plus
  • Health Information Management a plus
  • Prior management experience a plus
  • Master’s Degree in Business Administration or the above fields is preferred

Responsibilities

  • Independently provide due diligence for new business opportunities
  • Review and analyze data provided by prospective clients
  • Provide feedback and analysis to New Business Development Sales Team for prospective clients, including data and input clarifications
  • Evaluate and transform internal and external information from various systems and databases for use in proposal development to identify trends and opportunities
  • Provide Patient Collection Revenue Projections Managed Care Reimbursement Analysis
  • Provide Expense Analysis of Inputs Provided By Internal Departments Provider Compensation Analysis Facility Coverage Analysis Medical Mal Practice Analysis
  • Compile and produce financial proformas for prospective clients
  • Will exercise independent pricing authority.
  • Develop process improvements to improve inefficiencies in the proposal process
  • Able to build ad-hoc models given limited initial criteria
  • Develop budget and sales forecasting for models
  • Research current market participants and pricing
  • Effectively build and maintain relationships with executive team and strategic business stakeholders.
  • Provide decision and analytical support for New Business Development Sale Team, Deal Huddles and Executive Management.
  • Understand core business financial structure
  • Ability to articulate risks associated with model assumptions, including but not limited to: Contract Types, Risk Mitigation Techniques, and Data Inconsistency
  • Ability to articulate proposal risks to current business operations and identify solutions to mitigate those risks
  • Help manage data inputs/outputs to and from clients and internal departments.
  • Able to articulate what possible issues may exist in a given scenario.
  • Able to process large complex data sets.
  • Ability to make a decision on underlying assumptions and articulate to the team.
  • Ability to document and support model assumptions used against internal and external scrutiny
  • Contribute to making the proposal model more robust
  • Liaison between New Business Finance and Sales Team
  • Understand marketplace dynamics and competitive landscape
  • Demonstrate ability to deliver on multiple deals, meet tight deadlines, and be effective and decisive under pressure.
  • Demonstrate intellectual curiosity and the ability to identify, analyze, interpret, and deliver sound solutions.
  • Expected to carefully consider manner in which work is presented and include summarized analysis, data, and visual presentation that is most appropriate for each situation.
  • All work should be done in a way that is traceable, explainable, and with thought to how it can be easily replicated for various scenario changes.
  • Must communicate effectively with other departments including but not limited to: Business Development, Managed Care, Data Analytics, Operational Finance, Accounting, Revenue Cycle Services, Operations, and IT.
  • Expected to produce dependable and accurate work product that requires no review and or checking by VP of Finance, Business Development.
  • If applicable, expected to assist Jr. Analysts ensure dependable and accurate work product that requires limited review and or checking by VP of Finance, Business Development.
  • If applicable, will assist Jr. Analysts in the providing feedback and review of the following: Data analysis Proposal development Ad-hoc queries General healthcare industry and company knowledge

Benefits

  • Strong track record of providing excellent work/life balance.
  • Comprehensive benefits package and competitive compensation.
  • Commitment to fostering an inclusive culture of belonging and empowerment through our core values - collaboration, courage, agility, and respect.
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