GI Alliance · 5 hours ago
Financial Analyst, Ancillary Services
Southlake, TX
Full-time
Onsite
Senior Level
5+ years expGI Alliance is focused on supporting the financial health and long-term business strategy of ancillary services. The Financial Analyst will be responsible for budgeting, forecasting, and conducting financial analysis to evaluate performance and operational efficiency across various clinical service lines.
Health CareMedical
Responsibilities
Serve as the subject matter expert on drug, implant, and medical device margin analysis, including acquisition costs, ASP reimbursement, buy-and-bill dynamics, and payer reimbursement nuances, and how these factors impact financial performance
Budget & Forecast: Assist in the preparation of annual budgets and midyear forecasts, ensuring accuracy and alignment with strategic goals
Operational Efficiency: Evaluate operational costs and profitability of ancillary services, recommending strategies for cost reduction and revenue enhancement
Financial Compliance: Support compliance activities as it relates to regulatory requirements, financial policies, and internal controls
Financial Analysis: Conduct detailed financial analyses to assess business performance, identify trends, and forecast future financial outcomes
Reporting: Develop and maintain financial reports, dashboards, and key performance indicators (KPIs) for management, physicians, and other stakeholders
Data Management: Collect, analyze, and interpret financial data from various sources, ensuring data integrity and accuracy
Financial Results Review: Partner with accounting team for month, quarter, and year-end close review to ensure results are accurately stated. Perform general ledger and data validation to ensure accuracy and completeness for proper financial reporting. Perform monthly variance analysis in collaboration with FP&A and Accounting
Financial Operations: Review invoices and other payables to ensure compliance with budget and proper general ledger classification. Provide ongoing review of employee roster and ensure proper designation of personnel expenses. Perform review and analysis for contract service arrangements
Collaboration: Work closely with cross-functional teams, including operations and clinical staff, to understand financial impacts of business decisions
Other: Participate in ad hoc projects, analyses, and presentations as required by management
Qualification
Required
Bachelor's in Finance, Business or Accounting degree required
Solid understanding of finance and accounting
Excellent presentation, interpersonal, and communication skills, and the ability to effectively interface and build relationships with various departments and management levels and stakeholders
Strong Microsoft Office Suite proficiency, including an advanced knowledge of Excel and ability to create PowerPoint presentations
Strong financial modeling skills: ability to construct and operate a three-statement financial statement model utilizing Excel and Adaptive Planning
Ability to critically analyze financial information and communicate assumptions effectively
Excellent problem-solving and analytical skills
Ability to extract, organize and analyze large datasets and distill into executive level summaries
Ability to understand trends, drive specific analyses, and develop actionable insights from them
Ability to identify problems and discrepancies, independently perform research and analysis of causes, and recommend corrective actions
Strong attention to detail
Ability to effectively elicit / provide information to and from appropriate individuals (including, but not limited to, supervisors, co-workers) via strong communication skills
Ability to work with a high degree of autonomy as well as part of a team
Preferred
Minimum five (5) years experience in an FP&A or Finance / Accounting role within healthcare-related industry strongly preferred
Experience with multi-location physicians' practice is preferred
Experience using Adaptive Planning preferred
Company
GI Alliance
GI Alliance provides comprehensive gastrointestinal care services.
1001-5000 employees
H1B Sponsorship
GI Alliance has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2024 (1)
Funding
Current Stage
Late StageTotal Funding
$25.27M2024-11-11Acquired
2021-03-18Private Equity· $25.27M
Leadership Team
Paul Berggreen
Chief Strategy Officer
Recent News
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