Financial Analyst - Newport Beach, United States - First Responder Wellness

First Responder Wellness Newport Beach, United States

3 weeks ago

Description

Job Description

Job DescriptionWe are seeking an critical thinker and problem solver to join our growing company as our Financial Analyst The Financial Analyst plays a crucial role in supporting our financial operations and strategic decision-making processes. The financial analysts possess strong analytical skills, a solid understanding of financial principles, and a passion for making a positive impact in the behavioral health sector. This is an excellent opportunity to work alongside strong professionals while developing your own career and kickstarting your future success.What You'll Do:

Financial Planning and Analysis:
- Collaborate with management to develop annual budgets, forecasts, and financial plans.
- Conduct variance analysis to identify key drivers of financial performance and provide insights to stakeholders.
- Assist in the development of financial models to support strategic initiatives and business decisions.
Financial Reporting:
- Prepare and analyze monthly, quarterly, and annual financial reports for internal and external stakeholders.
- Ensure accuracy and compliance with regulatory requirements in financial reporting.
- Present financial findings and recommendations to senior management in a clear and concise manner.
Cost Analysis and Optimization:
- Evaluate the cost-effectiveness of various programs and services offered by the organization.
- Identify opportunities for cost savings and operational efficiency improvements.
- Work closely with department heads to monitor and control expenses while maintaining quality of care.
Revenue Analysis and Forecasting:
- Analyze revenue streams and trends to assess financial performance and identify growth opportunities.
- Develop revenue forecasts and assess the impact of potential changes in reimbursement rates or payer mix.
- Support revenue recognition processes in accordance with accounting standards and organizational policies.
Financial Systems and Process Improvement:
- Continuously assess and improve financial systems, processes, and controls to enhance efficiency and accuracy.
- Recommend and implement changes to streamline workflows and improve data integrity.
- Provide training and support to staff on financial tools and processes as needed.

Pay, Benefits And More: We are eager to attract the best, so we offer competitive compensation and benefits package, including health insurance (medical, dental and vision), 401(k), life insurance, disability and more.WHAT YOU'LL NEED:

Bachelor's degree in finance, accounting, economics, or related field.
3+ years of experience in financial analysis, preferably in healthcare or related industry.
Strong proficiency in financial modeling, data analysis, and statistical techniques.
Excellent analytical skills with the ability to interpret complex financial data and draw meaningful insights.
Solid understanding of healthcare finance, including reimbursement mechanisms and regulatory requirements.
Proficiency in Microsoft Excel and NetSuite similar ERP system.
Strong communication and presentation skills, with the ability to convey financial concepts to non-financial stakeholders.
Detail-oriented and organized, with the ability to prioritize tasks and meet deadlines in a fast-paced environment.
Ability to work both independently and collaboratively within a team.

Working Conditions: Work is performed in an office or other environmentally controlled room. Work may expose incumbent to contagious or infectious diseases, dangerous and volatile situations, or possible bodily injury. The above reflects the general duties considered necessary to describe the principal functions of the job as identified and shall not be considered as a detailed description of all the work requirements which may be inherent in the position.

Fulltime and Onsite position
Monday through Friday
40 hours per week 8 hours days

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