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CHOP EMPLOYEE? SEARCH FOR JOBS HERE.

Financial Analyst II

Philadelphia, PA, US, 19146

Job Type: 

LOC_1300_MKT-Wanamaker Building Req ID: 71061

Shift: Days

Employment Status: Regular - Full Time 

Job Summary

The Financial Analyst is responsible for analyzing and reporting the Gross Revenues for both the Hospital and the Ambulatory Network.  The Analyst, under general supervision:

 

  • Reports, analyzes, and interprets complex abstract and financial data to assist management in the preparation of the monthly executive financial package.
  • Prepares financial documentation for external auditors.
  • Distributes monthly financial reports to internal customers.
  • Assists the Reimbursement Manager with creating ad-hoc reports and financial models to interpret revenue variances.
  • Contributes to the completion of the gross revenue budget.
  • Supports Revenue Integrity, Finance Business Partners, Senior Analysts and other team members with revenue analyses to ensure that gross revenue is properly reflected.

 

In addition, the analyst will assist the Revenue and Reimbursement team in completing financial surveys and assisting with annual third party cost reporting, including data collection and entry.

Job Responsibilities

Gross Revenue

  • Routine analysis of gross revenue for the Hospital, Ambulatory Network, and other areas as necessary.
  • Identify missing charges, and potential charge issues, and partner with Revenue Integrity Department to resolve issues.
  • Identify trends and monitor variances of Hospital charges and communicate root cause to senior administration.
  • Work with individuals from the Revenue Integrity Team, Financial Analytics Team, clinical areas, and IT to ensure proper recording of gross revenue from host systems into EPIC. 
  • Partner with Business Intelligence & Analytics to validate the integrity of Gross Revenue that is represented on Dashboards and other reporting tools.
  • Reconcile the patient accounting system to the financial accounting system and identify any inconsistences.
  • Assist in the completion of the monthly closing package to be shared with Senior Leadership.
  • Review expense invoices to ensure that appropriate charges were captured for a variety of services.

 

Cost Report

  • Assist the Reimbursement Manager and the Director of Revenue and Reimbursement in the completion of the Medicaid and Medicare Cost Reports. Responsibilities include, but are not limited to, grouping of revenue, assisting with Expense Reclasses  & Adjustments, and statistics
Job Responsibilities

Reporting

  • Assist with the completion of annual audits by governmental agencies as it relates to revenue.
  • Assist in the completion of annual surveys for both internal and external sources.
  • Maintain and distribute reports necessary for monthly closing processes.
  • Provide adhoc Gross Revenue reports as requested to assist with in depth analyses, as well as Revenue Assessments, monthly closing exercises, and routine reviews of gross charges.
  • Maintain database of charges to be utilized for quick review
Required Licenses, Certifications, Registrations
None
Required Education and Experience

Required Education: Bachelors degree

 

Required Experience: Three (3) of related Financial Analytics & Planning experience required

Preferred Education, Experience & Cert/Lic
Additional Technical Requirements
  • Familiarity with large complex data sets.
  • Strong analytical skills with the ability to collect, organize, analyze, and disseminate significant amounts of information with attention to detail and accuracy.
  • Must be detail oriented and have the ability to learn quickly.
  • A working knowledge of healthcare finance and accounting.
  • This person should have knowledge of complex statistical analysis and strong problem solving skills.
  • Superb interpersonal and communication skills with the ability to explain complex finances and statistics to many different audiences.
  • Computer Skills/Systems: EPIC, Allscripts EPSi, Kronos, KREG, Microsoft Office (Particularly Excel and Access), Lawson, Qlikview, Monarch, Business Objects, Crystal, ProClarity, OLAP, Strata Jazz, Visual Basic Programming, Databases, Complex Query Language, SQL, and SMS related systems.  

All CHOP employees who work in a patient building or who provide patient care are required to receive an annual influenza vaccine unless they are granted a medical or religious exemption.

Children's Hospital of Philadelphia is committed to providing a safe and healthy environment for its patients, family members, visitors and employees. In an effort to achieve this goal, employment at Children's Hospital of Philadelphia, other than for positions with regularly scheduled hours in New Jersey, is contingent upon an attestation that the job applicant does not use tobacco products or nicotine in any form and a negative nicotine screen (the latter occurs after a job offer).

Children's Hospital of Philadelphia is an equal opportunity employer. We do not discriminate on the basis of race, color, gender, gender identity, sexual orientation, age, religion, national or ethnic origin, disability or protected veteran status.

VEVRAA Federal Contractor/Seeking priority referrals for protected veterans.  Please contact our hiring official with any referrals or questions.

CHOP Careers Contact 

Talent Acquisition

2716 South Street, 6th Floor

Philadelphia, PA 19146 

Phone: 866-820-9288 

Email:TalentAcquisition@email.chop.edu

 

 

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