Financial Analyst (100% Remote!) *MUST HAVE HOSPITAL SYSTEM OR HEALTHCARE PROVIDER SYSTEM EXPERIENCE!*
Job Summary: The Financial Analyst is responsible for analyzing financial data to support strategic decision-making, budgeting, forecasting, and operational planning within a healthcare organization. This role ensures financial efficiency and sustainability by identifying trends, evaluating financial performance, and providing actionable insights to leadership. Key Responsibilities: Analyze and interpret financial data related to healthcare operations, including revenue, expenses, claims, patient utilization, and service line profitability. Prepare detailed monthly, quarterly, and annual financial reports and dashboards for senior leadership. Develop and manage budgets and forecasts in collaboration with department heads. Support cost-benefit analyses for new programs, initiatives, and capital investments. Monitor key performance indicators (KPIs), financial benchmarks, and trends in healthcare finance. Assist in the development of financial models to evaluate reimbursement scenarios, payer mix, and regulatory changes. Conduct variance analyses between actuals, forecasts, and budgets, identifying root causes and recommending corrective actions. Collaborate with clinical, operational, and IT teams to streamline financial reporting and data integration. Ensure compliance with federal and state regulations, as well as healthcare-specific financial reporting standards (e.g., Medicare/Medicaid). Assist in audits, both internal and external, and support regulatory reporting as required. Qualifications: Education: Bachelor's degree in Finance, Accounting, Economics, Healthcare Administration, or related field. Experience: 2-5+ years of experience in financial analysis, preferably within the healthcare industry. Experience with healthcare data systems (e.g., Epic, Cerner, Meditech) and financial software (e.g., Oracle, SAP, Tableau, Power BI). Skills: Strong analytical and problem-solving skills. Proficiency in Excel, data visualization, and financial modeling. Understanding of healthcare finance principles, reimbursement models, and cost structures. Excellent written and verbal communication skills. Attention to detail and ability to manage multiple priorities. Work Environment: Office-based with potential for hybrid/remote work depending on organizational policy. May require occasional travel to healthcare facilities or partner sites. Covenant Health Mission Statement We are a Catholic health ministry, providing healing and care for the whole person, in service to all in our communities. Our Core Values:
- Compassion
We show respect, caring and sensitivity towards all, honoring the dignity of each person, especially the poor, vulnerable and suffering.
- Integrity
We promote justice and ethical behavior, and responsibly steward our human, financial and environmental resources.
- Collaboration
We work in partnership, dialogue and shared purpose to create healthy communities.
- Excellence
We deliver all services with the highest level of quality, while seeking creative innovation. Applicants, employees and former employees are protected from employment discrimination based on race, color, religion, sex (including pregnancy, sexual orientation, or gender identity), national origin, age (40 or older), disability, and genetic information (including family medical history). Comp Range: $63,072.68 - $86,860.91 Rate of pay displayed reflects the beginning of the pay scale. At the time of an offer, determination of your offer will reflect your skills and experience as it relates to the position.