Financial Analyst

Company: Virginia Eye Institute
Location: Richmond
Posted on: November 15, 2024

Job Description:

The Virginia Eye Institute is hiring! VEI is a large and dynamic practice of ophthalmologists and optometrists in the Richmond, VA area, including seven locations and an ambulatory surgery center.

Learn more about the general tasks related to this opportunity below, as well as required skills.
We are looking for a Healthcare Financial Analyst to join our team! The Financial Analyst will work closely with the CFO and Director of Revenue Cycle. The incumbent will provide financial insights and projections to the finance department. They will provide reliable data and analysis to be used in decision-making and planning. They will prepare accurate monthly financial reports, assist in the preparation of presentations that provide thoughtful analysis, identify action items and effectively frame decisions that need to be made.
WHAT WILL YOU DO AS THE FINANCIAL ANALYST?
--- Preparation of Monthly Financial Package and Monthly Revenue Cycle Dashboard for executive management
--- Track KPIs against performance benchmarks and assist in forecasting and trend analysis
--- Development of departmental variances analyses using historical data and insightful prediction techniques to propose recommendations
--- Developing proformas for new services and other business relationships providing rationale and justification for positions taken
--- Designing reports that communicate performance, identify issues, and contribute to better management decisions including the identification of best practices
--- Developing profitability analyses for business using insightful, cost-driven based processes
--- Preparation of monthly provider productivity reporting
--- Analyzing overhead including staffing requirements based on activity drivers, monitoring trends, tracking variances, and developing projections
--- Initiating and leading process improvement initiatives inside the department as well as cross functionality
--- Extracting appropriate data from supporting systems and preparing ad hoc analyses and reports that serve to inform management and improve operations
--- Supporting leadership with insightful financial advice based on thorough analyses
--- Builds and maintains strong, effective working relationships with a variety of stakeholders across the organization
--- Performs other duties as assigned

WHAT ELSE ARE WE LOOKING FOR?

--- Demonstrates excellent financial and quantitative skills.
--- Communicates effectively and has strong presentation skills.
--- Works independently using project management skills.
--- Builds strong working relationships and has exceptional leadership skills.
--- Learns quickly and has strong problem-solving and critical thinking skills.

POSITION QUALIFICATIONS
Education:
--- Bachelor's degree in Business, Finance, or Accounting preferred

Related Experience, Qualifications and/or Certifications:

--- 2 - 4 years of experience working as a financial analyst specifically in healthcare
--- Proficiency in Microsoft Office products with advanced proficiency in Excel and experience with Access
--- Development experience in dashboard tools (Tableau, Power BI)
--- Experience with Sage 300 ERP financial software with emphasis on report writing
--- eClinicalWorks Practice Management software experience preferred

The Virginia Eye Institute offers an excellent benefit package and a great work environment. We were voted Best Ophthalmology and Optometry Practice in Virginia 2023 by Virginia Living. Come join us today!
If this role isn't what you're looking for, please consider other open positions.

Virginia Eye Institute is proud to be an equal opportunity employer. We do not discriminate based upon race, religion, color, national origin, sex (including pregnancy, childbirth, reproductive health decisions, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, genetic information, political views or activity, or other applicable legally protected characteristics. Our strength is our diversity and we are dedicated to continuously reflect upon, and evolve our efforts to maintain a diverse, equitable and inclusive work environment.

Keywords: Virginia Eye Institute, Washington DC , Financial Analyst, Accounting, Auditing , Richmond, DC