Job Description
Req#: R40386 Category(s): Finance, Budget; Finance Other
Full Time / Part Time: Full-Time
Shift: First
Note: The compensation range(s) in the table below represent the base salaries for all positions at a given grade across the health system. Typically, a new hire can expect a starting salary somewhere in the lower part of the range. Actual salaries may vary by position and will be determined based on the candidate's relevant experience. No employee will be paid below the minimum of the range. Pay ranges are listed as hourly for non-exempt employees and based on assumed full time commitment for exempt employees.
Minimum – Midpoint – Maximum
$64,792.00 – $84,052.00 – $110,718.00
Summary:
Location: Corporate Office; 280 Chestnut Street; Springfield MA; Hybrid (3 onsite 2 remote)
Schedule: Monday-Friday – 8a-430p; 40hrs per week
The Senior Financial Analyst will work in close partnership with BMP management, medical leadership and operational staff to maximize the financial performance of assigned practices. The SFA serves as the business partner to assigned medical practices by coordinating the budget planning and development process and all financial analysis including analysis of net practice revenue.
The SFA serves as the primary financial liaison to the medical practices and is responsible for assessing and coordinating all financial requests from the practices. To be successful, the SFA must develop exceptional relationships with medical practice leadership.
In order to fulfill this role, the SFA must remain abreast of current issues affecting financial performance of physician practices..
Job Responsibilities: - Assist in evaluation of financial performance including developing corrective actions.
- Works collaboratively with management and PBO to assure that the revenue cycle process is optimizing revenues and collections.
- Serves as the finance resource for the analysis and interpretation Iof net practice revenue.
- Serves as the finance resource for the analysis and interpretation Iof net practice revenue.
- Works collaboratively with assigned practices to develop the budget calendar and process within the parameters established by BHS.
- Recommends and develops tools and reports to assist practice leadership to better understand and manage their practices.
- Actively participates in the development of the capital and operating budgets.
- Maintains a current working knowledge of BHS employed physician compensation plans and supports BMP management and medical leadership in monitoring current status and in assessing proposed changes to the plan.
Required Work Experience: - 5+ years progressive work experience in healthcare, finance or related field
Preferred Work Experience: Skills and Competencies: - Knowledge of physician payment systems and managed care
- Ability to work independently
- Strong interpersonal skills and a desire to provide a high level of customer services
- Excellent oral and written communications skills
- Experience using Microsoft Office including Excel, Word and other business applications
Education: Bachelors Degree (Required)
Certifications: Certified Public Accountant – Other
Equal Employment Opportunity Employer Baystate Health is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, national origin, ancestry, age, genetic information, disability, or protected veteran status.
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Job Tags
Hourly pay, Full time, Part time, Work experience placement, Work at office, Monday to Friday, Shift work,