Financial Analyst Senior

Allina Health
United States, Minnesota, Minneapolis
Nov 08, 2024
Number of Job Openings Available: 1 Date Posted: November 05, 2024 Department: 16001220 Compliance Shift: Day (United States of America) Shift Length: 8 hour shift Hours Per Week: 40 Union Contract: Non-Union Weekend Rotation: None Job Summary: Allina Health is a not-for-profit health system that cares for individuals, families and communities throughout Minnesota and western Wisconsin. If you value putting patients first, consider a career at Allina Health. Our mission is to provide exceptional care as we prevent illness, restore health and provide comfort to all who entrust us with their care. This includes you and your loved ones. We are committed to providing whole person care, investing in your well-being, and enriching your career. Key Position Details: Position is remote with quarterly in-person requirements Healthcare experience preferred Job Description: Supports financial analytics and works as a business partner with operational leadership. Collaborates with leaders on their finance priorities such as budgeting, forecasting, business initiatives, and ongoing performance management. Principle Responsibilities Enhances financial acumen of business operators by effectively communicating complex topics and providing ongoing education and training. Develops and leads the budget process including volumes, revenue, staffing and expense development for areas assigned. Analyzes target vs. actual variances on a monthly basis and partner with leadership to recommend improvement plans. Makes recommendations for monthly expense accruals. Understands and communicates financial trends to support forecasting, budget and monthly variance analysis. Uses analytical tools to identify opportunities for improvement and communication recommendations to leaders. Understands revenue cycle trends/changes and partner with internal subject matter experts. Supports complex ad hoc analysis including staffing changes, new services or technology, new providers, drug and supply expense management. Works as a financial liaison to JV and PSA arrangements including budget, monthly financial analytics and ad hoc analysis. Partners with leadership on the development of business plans for capital and program expansion Collaborates with vendors and other business partners to design technology applications to model forecasting, cost accounting, productivity, and more. Other duties as assigned. Required Qualifications Bachelor's degree in business, finance or related field Preferred Qualifications Master's degree 5 to 7 years of experience in finance, accounting or finance related field required in a health care setting Physical Demands Sedentary: Lifting weight Up to 10 lbs. occasionally, negligible weight frequently