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Financial Analyst

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Apex Systems

2021-12-03 08:50:35

Job location Baltimore, Maryland, United States

Job type: fulltime

Job industry: Banking & Financial Services

Job description

Apex Systems currently has a remote, permanent opportunity for a Decision Support Analyst II (Financial Analyst ) to work with one of our large healthcare clients. The main focus of this role is to perform financial and clinical decision support services as well as utilize the decision support system (PDS), independently prepare various reports, surveys and special projects as requested by management in accordance with departmental procedures. Operations include: Budgeting, Cost Accounting, Clinical Resource Management, System Operations, and Financial Business Planning. If you're interested, please send your updated resume and if you're all set, please keep my information for the future. This is a fully-remote as well as a permanent role.


Location: Remote

Duration: Direct-hire

Client : Healthcare


Principal Responsibilities and Tasks:

The following statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all job duties performed by personnel so classified.

· Provides support to department staff in the day to day operations of the Department and in accordance with policies and procedures.

· Utilizing the decision support and financial systems, independently prepares various reports, surveys and special projects as requested by management in accordance with departmental procedures.

· Provide analytical and technical support regarding cost accounting analysis, budgeting analysis, clinical utilization analysis and financial planning analysis.


Specialization in Hospital Decision Support:

· Prepares and/or validates assumptions, calculations, schedules and other documentation in developing the organization's annual capital and operating budgets in accordance with generally accepted accounting principles (GAAP) and departmental procedures.

· Participates in the analyses of financial and statistical reports to ascertain trends and to isolate deviations from established plans in accordance with GAAP and report such data to management.

· Compiles financial and statistical reports of a specific nature in accordance with departmental procedures. This includes preparing monthly financial statements and other regular management reports, analyzing nominal accounts to determine the adequacy of presentations based upon accruals, calculation, estimates and general provisions.

· Monitors and investigates transactions. Reviews and verifies transactions to confirm authorization, conformity with the capital or operating budget, compliance with expenditure management policy, and the adequacy of coding to support accounting systems and management reports in accordance with departmental procedures.

· Communicates with various departments in order to resolve various budget-related financial problems and procedures. Reviews with cost center managers, on a routine basis, the financial reports for their areas. Assists manager/analyst in understanding variances from budget and assists in documenting new issues that impact the current and future budget development.

· Maintains a working knowledge of the hospital's financial and patient accounting practices and uses this information to create/modify cost accounting methodology within the decision support system.

· Prepares and/or validates assumptions, complex calculations, schedules and other documentation in developing the decision support clinical services profitability statements and other Medical Center analyses.

· Communicates with various departments on changes surrounding operational and financial charges and incorporates these changes into the cost accounting methodology.


Requirements for Financial Analyst

· Bachelor's degree in Finance, Accounting or a very close related field is required. Experience in Decision Support may be substituted for education.

· Three years progressively responsible financial planning, financial analysis, budgeting, managed care or accounting experience is required.

· Healthcare-related finance background is preferred, but not required.

· Working knowledge of financial software, financial analysis and generally accepted accounting principles (GAAP)

· Proficient knowledge of spreadsheets (Microsoft Excel), databases (Tableau, DBASE, Microsoft Access), word processing programs (Microsoft Word), graphic/specialty and other finance-related software programs.

· Ability to develop and evaluate complex financial data via use of computer analysis.

· Highly effective verbal and written communication skills are necessary in dealing with a variety of healthcare and finance professionals including senior management staff regarding cost accounting analysis, budgeting analysis, clinical utilization analysis, financial planning analysis, and managed care


EEO Employer


Apex Systems is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of race, color, religion, creed, sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), age, sexual orientation, gender identity, national origin, ancestry, citizenship, genetic information, registered domestic partner status, marital status, disability, status as a crime victim, protected veteran status, political affiliation, union membership, or any other characteristic protected by law. Apex will consider qualified applicants with criminal histories in a manner consistent with the requirements of applicable law. If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation in using our website for a search or application, please contact our Employee Services Department at or .

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