Financial Analyst (100% Remote!) *MUST HAVE HOSPITAL SYSTEM OR HEALTHCARE PROVID

St. Joseph Hospital Bangor·Remote(United Kingdom, United States)
Finance
Excel

WFA Digital Insight

The shift to remote work has increased demand for skilled financial analysts in the healthcare sector, with a 25% growth in job postings over the past year. As the healthcare industry navigates complex financial landscapes, professionals with expertise in data analysis and budgeting are in high demand. St. Joseph Hospital Bangor stands out for its commitment to compassionate care and community service, making this role an attractive opportunity for those passionate about making a difference. Before applying, candidates should be aware of the importance of staying up-to-date with the latest financial regulations and trends in healthcare, as well as possessing strong analytical and communication skills.

Job Description

## About the Role As a Financial Analyst at St. Joseph Hospital Bangor, you will play a crucial role in supporting strategic decision-making, budgeting, and forecasting within the organization. Your expertise in analyzing financial data will help identify trends, evaluate financial performance, and provide actionable insights to leadership. The role is deeply integrated with the healthcare operations team, ensuring that financial efficiency and sustainability are maintained. Day-to-day, you will work closely with department heads to develop and manage budgets and forecasts, ensuring alignment with the organization's goals. Your ability to interpret complex financial data and communicate findings clearly will be invaluable in supporting cost-benefit analyses for new programs and initiatives. Given the evolving nature of healthcare finance, staying updated on regulatory changes and reimbursement models will be key to your success. The role is part of a dynamic team that values collaboration and innovative problem-solving. With a strong focus on delivering high-quality patient care, the organization seeks a professional who can balance financial acumen with a patient-centered approach. As a remote position, you will have the flexibility to work from anywhere, leveraging digital tools to stay connected with the team and contribute to the organization's mission. ## What You Will Do - Analyze and interpret financial data related to healthcare operations, including revenue, expenses, claims, patient utilization, and service line profitability.

  • Prepare detailed monthly, quarterly, and annual financial reports and dashboards for senior leadership, ensuring clarity and insights for strategic decisions.
  • Develop and manage budgets and forecasts in collaboration with department heads, aligning financial plans with organizational objectives.
  • Support cost-benefit analyses for new programs, initiatives, and capital investments, providing comprehensive financial evaluations.
  • Monitor key performance indicators (KPIs), financial benchmarks, and trends in healthcare finance, identifying areas for improvement and opportunities for growth.
  • Assist in the development of financial models to evaluate reimbursement scenarios, payer mix, and regulatory changes, ensuring the organization's financial preparedness.
  • Conduct variance analyses between actuals, forecasts, and budgets, identifying root causes and recommending corrective actions to maintain financial stability.
  • Collaborate with clinical, operational, and IT teams to streamline financial reporting and data integration, promoting a cohesive approach to financial management.
  • Ensure compliance with federal and state regulations, as well as healthcare-specific financial reporting standards, maintaining the highest level of integrity in financial operations.
  • Assist in audits, both internal and external, and support regulatory reporting as required, demonstrating transparency and accountability.
## What We Are Looking For - Bachelor’s degree in Finance, Accounting, Economics, Healthcare Administration, or a related field, providing a solid foundation in financial principles and healthcare operations.
  • 2–5+ years of experience in financial analysis, preferably within the healthcare industry, with a deep understanding of healthcare finance principles, reimbursement models, and cost structures.
  • Experience with healthcare data systems (e.g., Epic, Cerner, Meditech) and financial software (e.g., Oracle, SAP, Tableau, Power BI), with the ability to leverage technology for data-driven insights.
  • Strong analytical and problem-solving skills, with the capacity to interpret complex financial data and communicate findings effectively.
  • Proficiency in Excel, data visualization, and financial modeling, with a focus on presenting complex data in a clear and actionable manner.
  • Understanding of healthcare finance principles, reimbursement models, and cost structures, with the ability to apply this knowledge in strategic financial planning.
  • Excellent written and verbal communication skills, with the ability to engage stakeholders at all levels and facilitate collaborative decision-making.
  • Attention to detail and ability to manage multiple priorities, with a strong focus on delivering high-quality results under deadlines.
## Nice to Have - Certification in financial analysis or a related field, demonstrating a commitment to professional development and expertise.
  • Experience with project management tools and methodologies, with the ability to apply these skills in managing financial projects and initiatives.
  • Knowledge of regulatory requirements and standards in healthcare finance, with the ability to ensure compliance and maintain organizational integrity.
## Benefits and Perks - Competitive salary range, reflecting the organization's commitment to attracting and retaining top talent.
  • Comprehensive health insurance, providing peace of mind and support for your well-being.
  • Generous PTO policy, allowing you to recharge and pursue your passions outside of work.
  • Remote work stipend, supporting your ability to work effectively from anywhere and maintain a healthy work-life balance.
  • Opportunities for professional development and growth, with a focus on mentorship and career advancement.
  • Collaborative and dynamic work environment, with a team that values innovation, compassion, and excellence.

How to Stand Out

- To stand out in your application, make sure your resume and cover letter are tailored to the specific requirements of the Financial Analyst role, highlighting your experience with financial analysis and healthcare operations.

  • Prepare to discuss your experience with financial software and data systems, and be ready to provide examples of how you've applied these tools in previous roles.
  • Develop a portfolio that showcases your financial modeling and data visualization skills, demonstrating your ability to communicate complex financial data in a clear and actionable manner.
  • When negotiating salary, consider the competitive salary range for Financial Analyst positions in the healthcare industry, and be prepared to discuss your expectations based on your experience and qualifications.
  • Be mindful of the organization's mission and values, and be prepared to discuss how your skills and experience align with these principles, demonstrating your commitment to delivering high-quality patient care and maintaining financial integrity.

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