Join to apply for the Financial Analyst I role at MERIT HEALTH WESLEY
Join to apply for the Financial Analyst I role at MERIT HEALTH WESLEY
Job Summary
The Financial Analyst I is responsible for analyzing financial data, preparing reports, and assisting with budgeting and forecasting processes to support decision-making within the facility. This role involves gathering and interpreting financial information, monitoring trends, and ensuring financial data integrity. The Financial Analyst I collaborates with leadership and department managers to provide insights into financial performance, cost control, and operational efficiency.
Job Summary
The Financial Analyst I is responsible for analyzing financial data, preparing reports, and assisting with budgeting and forecasting processes to support decision-making within the facility. This role involves gathering and interpreting financial information, monitoring trends, and ensuring financial data integrity. The Financial Analyst I collaborates with leadership and department managers to provide insights into financial performance, cost control, and operational efficiency.
Essential Functions
- Analyzes financial data and trends to support budgeting, forecasting, and financial planning activities.
- Prepares financial reports and presentations, summarizing key findings and providing recommendations for decision-making.
- Assists in developing annual budgets and financial forecasts, ensuring accuracy and alignment with organizational goals.
- Monitors financial performance metrics, identifying variances and working with departments to address discrepancies.
- Supports month-end and year-end financial closing activities, including journal entries, reconciliations, and variance analysis.
- Conducts cost analysis and expense monitoring, assisting in identifying cost-saving opportunities.
- Collaborates with various departments to gather financial data and ensure accurate reporting.
- Ensures compliance with financial policies, procedures, and regulatory requirements.
- Utilizes financial software and systems to maintain accurate and organized financial records.
- Performs other duties as assigned.
- Complies with all policies and standards.
- Bachelor's Degree in Finance, Accounting, Economics, Business Administration, or a related field required
- 0-2 years of experience in financial analysis, accounting, budgeting, or a related field required
- Experience in healthcare finance, hospital financial operations, or revenue cycle analysis preferred
- Strong analytical and problem-solving skills, with the ability to interpret financial data and provide actionable insights.
- Proficiency in financial modeling, data analysis, and forecasting techniques.
- Knowledge of financial statements, budgeting principles, and variance analysis.
- Experience with financial software, spreadsheets, databases, and enterprise resource planning (ERP) systems (e.g., Oracle).
- Strong communication and presentation skills, effectively conveying financial data to non-financial stakeholders.
- Attention to detail and ability to manage multiple tasks in a fast-paced environment.
- Knowledge of healthcare financial regulations, reimbursement models, and cost accounting principles (preferred).
- Certified Healthcare Financial Professional (CHFP) preferred or
- Certified Public Accountant (CPA) preferred or
- Certified Management Accountant (CMA) preferred
Seniority level
Seniority level
Entry level
Employment type
Employment type
Full-time
Job function
Job function
Finance and Sales-
Industries
Hospitals and Health Care
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