Financial Analyst Senior, Hybrid, New Brunswick
📋 Role Overview & Responsibilities
Req #: 0000149143
Category: Accounting/Finance
Status: Full-Time
Shift: Day
Facility: Rutgers University Medical Grp
Department: Financial Services
Location
Rutgers University Medical Grp, 1 Robert Wood Johnson Place, New Brunswick, NJ 08901
Job Overview
The Senior Financial Analyst will generate standard and custom financial and productivity reports. They will verify data and maintain accurate system information. They will be the primary budget and financial reporting resource for all clinical divisions/departments within the Academic and CINJ professional enterprise.
Qualifications
Required
Bachelor s Degree in Finance, Accounting, Economics, Business Administration or related field requiredAt least 3-5 years of experience working as a financial, budget or business analyst requiredDemonstrated proven ability to take on increasing responsibility in a fast pace environmentProgressive experience working as part of a team and as an individualPrior healthcare industry experience Proficient in Microsoft Office with advanced skills in excel (Pivot tables, conditional statements, and v-lookups required)
Preferred
Master s degree preferredPrior knowledge of industry benchmarking data (MGMA, AMGA, etc.) and CMS physician coding/billing/wRVU guidelines is preferred
Essential Functions
Analyze monthly results vs budget and provide feedback to clinical division/department leadership on opportunities. Prepare adjusting journal entries as necessary for either actual or budget timeseries within the health system financial reporting systems.Prepare annual budgets for the health system academic clinical enterprise. This includes maintaining staffing grids, position control, other expenses. Assist department leadership with statistical budgeting at provider level to support benchmarking initiatives.Track and review compensation data and calculate bonus reconciliations in conjunction with Physician Compensation area. Support FVS effort across the clinical departments.Prepare financial impact analysis in conjunction with division/department leadership for clinical enterprise FTE requests related to replacements, upgrades, downgrades and net new requests. Support PRRC and Workforce processes for assigned divisions.Assist with maintaining cFTE data points for all clinical providers within the academic and CINJ practices. Verify accuracy of data on a regular basis in conjunction with physician compensation and clinical leadership.Prepare proforma analysis in conjunction with clinical leadership related to capital spending needs. Calculate ROI and assist with SBAR items as necessary.Assist department leadership with revenue cycle items as necessary. This includes researching work queue issues, interacting with corporate revenue cycle team and providing impact analysis for new procedures, supplies or the like. Assist with coding/HIM inquiries as required.Discreet handling of confidential information
Other Duties
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.
Additional Information
At RWJBarnabas Health, our market-competitive Total Rewards package provides comprehensive benefits and resources to support our employees physical, emotional, social, and financial health.
Paid Time Off (PTO) Medical and Prescription Drug InsuranceDental and Vision InsuranceRetirement PlansShort & Long Term DisabilityLife & Accidental Death InsuranceTuition ReimbursementHealth Care/Dependent Care Flexible Spending AccountsWellness ProgramsVoluntary Benefits (e.g., Pet Insurance)Discounts Through our Partners such as NJ Devils, NJ PAC, Verizon, and more!
Choosing RWJBarnabas Health!
RWJBarnabas Health is the premier health care destination providing patient-centered, high-quality academic medicine in a compassionate and equitable manner, while delivering a best-in-class work experience to every member of the team. We honor and appreciate the privilege of creating and sustaining healthier communities, one person and one community at a time. As the leading academic health system in New Jersey, we advance innovative strategies in high-quality patient care, education, and research to address both the clinical and social determinants of health.
RWJBarnabas Health aims to truly make a unique impact in local communities throughout New Jersey. From vastly improving the health of local residents to creating educational and career opportunities, this combination greatly benefits the state. We understand the growing and evolving needs of residents in New Jersey whether that be enhancing the coordination for treating complex health conditions or improving community health through local programs and education.
Equal Opportunity Employer
RWJBarnabas Health is an Equal Opportunity Employer
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