Financial Analyst II

Reposted Yesterday
Chelsea, MI, USA
In-Office
66K-66K Annually
Junior
Healthtech
The Role
The Financial Analyst II role involves analyzing financial data for budget planning, productivity, and economic justification in a healthcare setting, while providing insights and maintaining financial systems.
Summary Generated by Built In
Employment Type:Full timeShift:Day Shift

Description:

Applicants for this position must be authorized to work for any employer in the U.S. We are unable to sponsor an employment visa for this position.

Hybrid position

Financial Analyst II

Department: Local Finance

Location: Trinity Health Chelsea

Minimum Salary: $65,500

Total Rewards and Benefits:

  • Competitive compensation, DAILYPAY
  • Benefits effective Day One! No waiting periods.
  • Full benefits package including Medical, Dental, Vision, PTO, Life Insurance, Short and Long-term Disability
  • Retirement savings plan with employer match and contributions
  • Opportunity for growth and advancement throughout Trinity Health
  • Tuition Reimbursement

Position Purpose:

Compile and analyze data used in budget planning, decision support, productivity, variance analysis, economic justification, and special projects in accordance with established departmental standards, policies, and procedures.  Provide customer assistance and education in analyzing financial reports and utilizing various financial tools.  Perform other related duties as assigned or directed to meet the goals and objectives of the department

Shift Available: Days

Status Available: Full-time, 40 hours/week

Required Qualifications:

Education

  • Bachelor of Science in business administration, finance/accounting or other healthcare related area or an equivalent combination of education and experience.

Experience

  • Minimum of one to two years experience in finance and/or accounting analysis required. Three to four years preferred.
  • Demonstrated understanding of the principles of general accounting and theories of finance.
  • Previous experience in a hospital environment is desirable.
  • Proficiency in Microsoft application suite, particularly Excel.
  • Knowledge of healthcare nomenclature, business processes, and clinical functions. Strong analytical, logical reasoning and problem-solving skills, with excellent organizational skills and attention to detail.

What you will do:

  • Apply knowledge of financial applications/theories and analytical skills in the preparation of the operating budget, month-end financial review, and forecasting processes.
  • Perform in-depth ad hoc financial analysis with recommendation and conclusion.
  • Maintain financial application(s) integrity, through daily/monthly/quarterly maintenance and processing of data loads, reconciliations, and structure maintenance.
  • Complete reconciliations of data from feeder systems (e.g., General Ledger, Payroll, etc.) to the DSS system, Kaufman Hall, Workforce Analytics, and other systems utilized by local finance team(s). 
  • Develop in-depth knowledge of the statistics utilized in the Decision Support System, General Ledger, Kaufman Hall, Workforce Analytics, etc. Monitor the collection of statistics to ensure receipt in a timely fashion. Update statistics on a monthly/quarterly basis and ensure the accuracy of all statistics through an in-depth review procedure.
  • Recommend to management changes to RHM statistical data collection that more closely reflects Trinity standards and results and better source data.
  • Independently perform routine financial analysis (e.g., routine pricing studies, Six Sigma financial entitlements, equipment replacement financial studies) with minimal supervision.
  • Participate in special projects as instructed by senior personnel and assist in intermediate financial analysis (ex. Service line analysis, develop new department or service economic justifications) with supervision.
  • Ability to function independently with minimal oversight and direction.  Display high level of accountability and demonstrate mid-level competency of technical and troubleshooting expertise.
  • Communicate in written and oral form effectively with internal and external users, including management and administration. Ability and temperament to communicate in a tactful, pleasant, and helpful manner the results of complex analyses.
  • Ability to make presentations to interdepartmental staff members and other various management levels.
  • Ability to organize, plan and carry out functional activities.
  • Demonstrate interest and motivation to increase working knowledge of the job, hospital, and industry updates, including rules and regulations as they pertain to the hospital financial area.
  • Ability and temperament to adapt to constantly changing conditions and other various job details.
  • Ability and temperament to exercise good judgment in work related situations.
  • Other responsibilities – as requested.

Our Commitment

Rooted in our Mission and Core Values, we honor the dignity of every person and recognize the unique perspectives, experiences, and talents each colleague brings. By finding common ground and embracing our differences, we grow stronger together and deliver more compassionate, person-centered care. We are an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other status protected by federal, state, or local law.

Top Skills

Financial Applications
Excel
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The Company
HQ: Livonia, MI
6,824 Employees

What We Do

Trinity Health is one of the largest not-for-profit, Catholic health care systems in the nation. It is a family of 115,000 colleagues and nearly 26,000 physicians and clinicians caring for diverse communities across 25 states. Nationally recognized for care and experience, the Trinity Health system includes 88 hospitals, 131 continuing care locations, the second largest PACE program in the country, 125 urgent care locations and many other health and well-being services. Based in Livonia, Michigan, its annual operating revenue is $20.2 billion with $1.2 billion returned to its communities in the form of charity care and other community benefit programs.

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