Financial Consultant

Posted 8 Days Ago
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Detroit, MI, USA
In-Office
Mid level
Healthtech
The Role
Provides financial consulting for a healthcare system, supporting resource allocation, budgeting, forecasting, variance analysis, ROI assessments, business cases, reimbursement analyses, and executive recommendations. Coordinates cross-functional projects, analyzes financial datasets and ERP outputs, prepares journal entries and reports, documents processes, and identifies opportunities to improve systems and procedures.
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Company Description

 

 

Job Description

Responsible for assisting decision making in resource allocation and improving the financial performance of the heath system; plan and coordinate the use of resources; prepare reports and recommendations for management and coordinate implementation when possible; serve as a consultant on projects outside of specific assignments; coordinate complex projects involving multiple participants and teams; develop and refine scope of projects, assignments and objectives; develop projects and assignments work plans; provide updates to management on project progress; conceptualize ideas, develop work plans, and execute the plans; develop and determine priorities and monitor status of projects on an ongoing basis; document current systems and operations; utilize and apply knowledge of healthcare reimbursement methodologies in financial analyses; preparation and analysis of Return on Investment (ROI) assessments; preparation and analysis of financial business cases; providing financial analysis, insights, and recommendations to executives; report writing tools; extraction, analysis, and presentation of financial data; operating and capital budget preparation and monitoring; forecasting and variance analysis; large financial system dataset extraction, validation, and manipulation; ERP systems; journal entry preparation and posting; and collaboration with senior management and executive- level cross-functional teams to perform assigned tasks; analyze client systems, procedures and operations and identify opportunities for improvement; identify and test alternative methods and procedures and identify associated costs and benefits; and define requirements to modify existing procedures, and develop new system implementations of revised or new methods.

Location: 1 Ford Place, Detroit, Michigan, 48202.

Education: Bachelors – Finance, Accounting, Business Administration, Economics, or in a related field of study (will accept equivalent foreign degree);

Experience: Three (3) years in the position above, as a Financial Analyst, as a Financial Specialist, as an Accounting Analyst and Financial Analyst, or in a related occupation;

Other Requirements: Experience must include three (3) years use of all the following: healthcare reimbursement methodologies in financial analyses; preparation and analysis of Return on Investment (ROI) assessments; preparation and analysis of financial business cases; providing financial analysis, insights, and recommendations to executives; report writing tools; extraction, analysis, and presentation of financial data; operating and capital budget preparation and monitoring; forecasting and variance analysis; large financial system dataset extraction, validation, and manipulation; ERP systems; journal entry preparation and posting; and collaboration with senior management and executive- level cross-functional teams.

Will also accept any suitable combination of education, training and/or experience.

"DNS" 

#LI-DNI"

Additional Information

All your information will be kept confidential according to EEO guidelines.

Skills Required

  • Bachelor’s degree in Finance, Accounting, Business Administration, Economics, or a related field; equivalent foreign degree accepted.
  • Three years of experience as a Financial Consultant, Financial Analyst, Financial Specialist, Accounting Analyst, or in a related occupation.
  • Three years of experience applying healthcare reimbursement methodologies in financial analyses.
  • Three years of experience preparing and analyzing ROI assessments and financial business cases.
  • Three years of experience providing financial analysis, insights, and recommendations to executives.
  • Three years of experience using report writing tools and extracting, analyzing, and presenting financial data.
  • Three years of experience preparing and monitoring operating and capital budgets, forecasting, and performing variance analysis.
  • Three years of experience extracting, validating, and manipulating large financial system datasets and using ERP systems.
  • Three years of experience preparing and posting journal entries and collaborating with senior management and executive-level cross-functional teams.
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The Company
HQ: Detroit, MI
50,000 Employees
Year Founded: 1915

What We Do

Henry Ford Health is a Detroit-headquartered academic healthcare system serving more than 2 million people across Michigan and beyond. Its integrated offerings include primary, preventive, urgent, specialty, home, and virtual care, health insurance, pharmacy, and eye care. The organization also advances clinical innovation, research, clinical trials, medical education, community health, health equity, and services for vulnerable communities throughout the region.

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