Financial and Business Analyst - Frederick Health Medical Group

Job Summary

This individual contributor is primarily responsible for conducting and interpreting complex financial assessment and modeling, assuring financial compliance, conducting and reviewing strategic financial research, and developing reports on financial performance. In-addition, this position maintains Position Control, Productivity, and Budget Systems.

This position supports the Frederick Health mission, vision, core values and customer service philosophy and adheres to the Frederick Health Compliance Program, including following all regulatory requirements and the Frederick Health Standards of Behavior.

Examples of Essential Functions :

• Completes work assignments and supports business-specific projects by applying expertise in subject area; supporting the development of work plans to meet business priorities and deadlines; ensuring team follows all procedures and policies; coordinating resources to accomplish priorities and deadlines; collaborating cross-functionally to make effective business decisions; solving complex problems; escalating high priority issues or risks as appropriate; and recognizing and capitalizing on improvement opportunities.
• Creates budgets and / or forecasts in accordance with business strategic initiatives by analyzing and interpreting budgeting trends; reviewing results of budget and forecasting; coordinating with others to develop department budgets; and making recommendations.
• Advises business unit leaders by reviewing regular and special reports for both financial and statistical matters in order to facilitate financial management throughout the organization; participating in regular meetings with leadership to review financial results for their areas; and acting as an internal consultant to the team on reading and interpreting financial results, analyzing variances, and improving performance.
• Conducts financial modeling by developing best-practice and complex models; analyzing and optimizing risk alternatives; and developing, reviewing, and recommending what-if scenarios and forecasts using in-house models or software.
• Completes costing activities by identifying and suggesting cost avoidance and cost recovery opportunities.
• Improves financial performance by analyzing financial trends; and in partnership with the business leaders, uses results of analysis and understanding of operations to identify actions that address operational performance issues.
• Informs strategic financial planning by performing and evaluating complex financial, utilization, and benchmark analytics.
• Evaluates complex business environment by conducting financial assessments (e.g., Situational, Strengths / Weaknesses / Opportunities / Threats, Opportunity-Based Strategic Planning, system value chain analysis and revenue cycle); and interpreting reports summarizing business, financial, or economic data.
• Performs other duties as assigned.

Required Knowledge, Skills and Abilities :

Minimum Education, Training, and Experience Required :

Patient Contact

Must demonstrate and maintain current knowledge and skills in providing appropriate care / contact for patients in the following age groups :

Performance of job does not require patient contact.

Physical Demands :

Light Work - Lifting up to 20 pounds on an infrequent basis (less than one lift every three minutes and / or carrying up to 10 pounds or requiring walking or standing to a significant degree (about six [6] hours a day).

Ergonomic Risk Factors :

Repetition : Repeating the same motion over and over again places stress on the muscles and tendons. The severity of risk depends on how often the action is repeated, the speed of the movement, the required force and muscles involved.

Working Conditions :

Bloodborne Pathogens Exposure Risk : Category C - NO have exposure to blood or body fluids.

Reporting Relationship :

Reports to Director of Financial Planning and Analysis.

Caring for you as you care for the CommUNITY

Frederick Health offers a comprehensive and affordable benefits package. Health, Dental and Vision insurance are offered the 1st of the month after 30 days of employment to all employees hired to work at least 20 hours per week and offer multiple plans to best meet you and your family needs. Life insurance, Short-Term Income Replacement and Long-Term Disability are employer paid for eligible employees. Frederick Health offers a robust Paid Time Off program for eligible employees. Our 403B retirement plan helps you save for your retirement and includes an employer match to eligible employees. All employees have access to free financial planning sessions. We also offer an educational assistance program to support your education goals as well as an employer paid Employee Assistance Program.

Pay is based on experience, skills and education. Exempt positions under the Fair Labor Standard Act (FLSA) will be paid within the base salary equivalent of the stated hourly rates. The pay range may also vary within the stated range based on specialty if applicable. Non-Exempt positions may have shift differential and / or Overtime paid, if applicable.

Pay range : $92,996 - $141,356

Equal Opportunity Employer / Protected Veterans / Individuals with Disabilities

This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.