This role allows for a hybrid schedule requiring weekly shifts onsite in Bellevue, Washington. Washington state residency is required.
Reporting to Overlake's AVP Strategy, this role will be responsible for a variety of Finance and Strategy related functions to include developing pro formas for existing and new services, conducting market assessments, and conducting multi-year forecast models. This role also assists the Director of Finance during the annual budget cycle. Using advanced computer techniques to retrieve and analyze data, the Sr. Financial Analyst will:
Develop and complete pro formas for new and existing programs/service lines. This will include documenting methodologies and assumptions needed to perform analysis of volumes, revenues and expenses. Incorporate demand analysis from Strategic Planning to include demographic, utilization, market share and physician referral patterns. Develop reimbursement assumptions for impact of differences in payer reimbursement methodologies. Compile and validate operating expense and capital assumptions. Prepare sensitivity analysis and calculate net present value (NPV) and internal rates of return (IRR). Review for legal, regulatory and tax implication issues and coordinate issue resolution with other departments that have expertise in those areas.
Coordinate with Strategic Planning on the development of business plans. Regularly communicates, including progress reports, with project sponsors, managers and key customers to ensure that all critical issues are identified and addressed. Works to ensure all financial analysis is completed in a timely manner. Is an active business partner on evaluating potential projects to decide if projects will meet existing strategic or financial objectives. Will present findings and financial analysis of the business plan to Executive stakeholders.
Prepare updates for the facility level multi-year model forecast on at least an annual basis; more often when required for planning purposes. An update will include detailed analysis and sub-schedules of projections for revenues, volumes and expenses for all corporations, a sensitivity analysis on various drivers, and completing a board level presentation to be submitted to the CFO for Finance Committee presentation.
Assist Financial Planning Director during the annual operating budget cycle with analysis and budgeting of global expenses and revenues. This may includ