Description
JOB SUMMARY
The Senior Financial Analyst will design and support data collection, analysis, and reporting to provide St. John’s
Health (SJH) leadership with accurate information upon which to base decisions. Functioning as an internal
consultant, will provide profitability, reimbursement, cost accounting, and productivity support as well as assisting in
preparing benchmarking and budget data and reports and long-term financial forecasts to drive quality and operational excellence,
strengthen and support our workforce, and enhance the breadth and depth of care for the community.
ESSENTIAL FUNCTIONS
Financial data analysis and reporting
• Help to establish costing methodologies, flexible budgeting and decision support. Act as a lead on analyzing
financial information to support strategic decisions and operation improvement projects, provide information to assist
senior management in making financial, operational, or policy decisions, and function as a primary finance interface
with all departments as it relates to deriving costing methods.
• Serve as a resource for internal departments requiring assistance with financial and accounting matters.
Suggest ways to improve efficiencies and work to enhance the usefulness of the data. Educate and assist with the
identification of financial issues.
• Design, prepare and maintain detail/worksheets necessary to support financial presentations and
development of other communications as necessary.
• Interpret data, analyze results using statistical techniques and provide ongoing reports. Develop and/or
implement databases, data collection systems, data analytics, and other strategies to optimize statistical efficiency
and quality.
• Develop and maintain institutional and industry knowledge to identify key business costs, target analyses,
and interpret and communicate data in a usable way.
• Ensure accuracy of units of service for each service line.
• Produce labor/ staffing metrics for each service line.
Financial forecasting and budgeting
• Own the cost accounting analysis process, including data preparation, review, and reporting.
• Assist with annual revenue budget, manage and monitor expenses, analyze budget allocation and variance
for hospital departments based on statistics.
• Analyze transactions, prepare journal entries and assist with monthly closes and audits. Help coordinate
year-end audits and assists with workpaper preparation for auditors as needed.
• Provide support for annual budget of variable revenue and expenses.
• Prepare financial proformas for product/