Financial Analyst

Location: 466 Lexington Avenue NY, NY 10016 9th Floor Work Mode: Local

Duration: 30 weeks

Schedule: Mon - Fri 9am - 5pm

Responsibilities: Work with hospital executives, chiefs of service, and department heads in the analysis of spending patterns and revenue performance. Develop cost center budgets and implement cost containment programs and revenue enhancement opportunities. Analyze cost center staffing levels and expenses to develop standards for resource distribution. Develop reporting systems for monitoring and controlling expenditures and revenues. Oversee the development of functional and specification systems applications to plan, monitor, and control salary and non-salary spending and revenue performance. Analyze third-party reimbursement rates and regulations related to operating and capital budget issues. Develop and prepare financial profitability analyses and business plans for new programs and capital proposals. Provide training or work direction to assigned staff, as needed. Assist in the formulation of specific department goals and objectives and monitor activities to ensure achievement. Participate in the formulation of hospital/budget policies and procedures. Develop and/or modify policies and procedures to recommend to management. Perform other job-related duties as assigned.

Education: Bachelor's degree Minimum 3 years of previous work-related experience Knowledge of Reimbursement Methodologies Knowledge of Budgeting & Cost Accounting