Financial Analyst
Job Description
Job Description
Salary:
About Us:
ChesPenn is a network of community health centers in Delaware County. Our mission is to provide quality, integrated, and culturally sensitive medical, dental, and behavioral healthcare to adults and children regardless of their income, insurance status, or ability to pay.
Simply put, our goal is to provide a healthcare home for every person living in the communities we serve. Be part of our mission to care for your community. This is a job that will love you back!
Position Summary:
Under the direction of the Chief Financial Officer, the Financial Analyst will be responsible for creating departmental budgeting, forecasting, analysis and reporting on programs financial results and future performance and strategy. The Financial Analyst will provide support, training, coaching, and mentoring to Program Leaders and staff on all financially related matters. The Financial Analyst will also be responsible for bridging the gap between clinical and dental billing departments ensuring accurate documentation, coding, claim submission and denial resolution in compliance with ChesPenns policies and procedures, GAAP standards and other regulatory requirements.
Qualifications:
- Bachelors degree in business, economics or finance. Highly experienced in accounting and program auditing, forecasting and creating budgets.
- Previous experience as a Medical/Dental Billing Manager in an FQHC setting preferred.
Knowledge, Skills and Abilities:
- Good written and verbal communication skills in English.
- Able to function independently
- Strong strategic thinking and forecasting
- Exceptional attention to details
- Ability to communicate effectively, both verbally and in writing
- Strong organizational, analytical and interpersonal skills
Scope of Responsibilities:
- Develop program annual budgets and forecasts of program revenues, expenses, and key performance indicators.
- Analyze trends, risks, and opportunities.
- Assist in creating efficient operational models and implementing solutions and opportunities for cost reduction and increased profitability.
- Assist in the preparation of budgets and forecasts including operational revenue and expenses and capital expenditures. Enter data into budget tracking software.
- Assist in analyzing and reporting key performance indicators.
- Track monthly expenses against budgets, identify and analyze trends, alert the Chief Financial Officer about potential issues, and provide recommendations for solutions.
- Assist with providing training and education on relevant financial matters to program staff, including expense monitoring, check requisitions, cash handling and consumer funds management.
- Prepare and submit invoices and other reporting for cost reimbursement contracts and grants, insuring compliance with all funders and ChesPenn guidelines.
- Oversee medical and dental revenue cycle management.
- Oversee fixed asset ledger and accounting for asset purchases/disposals.
- Responsible for oversight of all grant reporting including developing budgets for grant proposals, providing documentation to grantors, and generating monthly grant reports in accordance with grantor specifications / timelines.
- Complete monthly visit report (provider productivity and payor mix reporting).
- Complete all other financial duties as assigned.
Physical demands:
- Travel is required between site (s).
- Frequent and prolonged sitting, standing and/or walking may be required.
- Moderate physical effort with carrying forms, supplies and equipment.
- Climbing stairs may be required.
- Stooping and stretching may be required.
Work environment:
- The primary workplace is a busy multi-cultural ambulatory care setting. There is routine exposure to infections disease and blood borne pathogens.
What We Offer:
- Health, Dental, Vision
- 100% Employer Paid Life and LTD Insurance
- Generous Paid Leave (vacation, personal and sick leave)
- Tuition Reimbursement
- 401(k) and Roth IRA Retirement Accounts
- Employee Assistance Program
ChesPenn is an Equal Opportunity Employer:
Because employees work with families and children and due to the sensitive nature of patient medical information, we require all applicants who receive and accept employment offers to complete child abuse and criminal background checks before being hired.
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