JOB DESCRIPTION
.B. Duties and Responsibilities .
The following are all aspects of a financial analyst’s duties:
1. Perform financial forecasting, reporting, and operational metrics tracking
2. Analyze financial data and create financial models for decision support
3. Report on financial performance and prepare for regular leadership reviews
4. Analyze past results, perform variance analysis, identify trends, and make recommendations for improvements
5. Work closely with the accounting team to ensure accurate financial reporting
6. Evaluate financial performance by comparing and analyzing actual results with plans and forecasts
7. Guide the cost analysis process by establishing and enforcing policies and procedures
8. Provide analysis of trends and forecasts and recommend actions for optimization
9. Recommend actions by analyzing and interpreting data and making comparative analyses study proposed changes in methods and materials
10. Identify and drive process improvements, including the creation of standard and ad-hoc reports, tools, and Excel dashboards
11. Increase productivity by developing automated reporting/forecasting tools
12. Perform market research, data mining, business intelligence, and valuation comps
13. Maintain a strong financial analysis foundation creating forecasts and models
Proficiency with Microsoft Excel is mentioned in virtually any financial analyst job description familiarity with data query/data management tools is extremely helpful (Access, SQL, Business Objects)
C. Basic Qualifications
BA, BS, or B.Com degree required (Bachelor’s Degree in Accounting/Finance/Economic)
3+ years of business finance or other relevant experience
High proficiency in financial modeling techniques
Strong fluency with Excel formulas and functions
Strong analytical and data gathering skills
Good business acumen
D. Preferred Qualifications
5+ years of healthcare business finance or other relevant experience
MBAs are preferred
Finance, Accounting, Economics, or Statistics are preferred major fields
Proven work experience in a healthcare
FMVA or similar designations preferred
Strong quantitative and analytical competency
Advanced knowledge of Excel
E. Personality and Interpersonal Skills
1. Ability to streamline functions and passion to learn and grow
2. Strong interpersonal skills, including written and oral communication skills
3. Comfort dealing with ambiguity and the ability to work independently
4. Experience working with, and presenting to, senior executives
5. Excellent communication and presentation skills be comfortable interacting with executive-level management
6. Strong financial modeling experience
.F. Work structure and environment .
The financial analyst will be reporting directly to the chief of strategic business development
He / She will work in an office environment and is required to fulfill 48 working hours per week
Whenever needed by the business he/she will put extra hours to finish the tasks in hand
He might also be asked to complete and grow financial performance through analysis of financial results, forecasts, variances, and trends of the hospital
Create recommendations to be presented to management and executives
Develop financial models to support valuation, planning, and forecasting
Aid in the capital budgeting and expenditure planning processes
Conduct comparable analysis and market research to support internal financial analysis
Maintain up-to-date technical knowledge of financial instruments, market conditions, and trends.
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