Reference #: 1009577
SHIFT:Day (United States of America)Seeking Breakthrough MakersChildren's Hospital of Philadelphia (CHOP) offers countless ways to change lives. Our diverse community of more than 20,000 Breakthrough Makers will inspire you to pursue passions, develop expertise, and drive innovation.At CHOP, your experience is valued; your voice is heard; and your contributions make a difference for patients and families. Join us as we build on our promise to advance pediatric care-and your career.CHOP's Commitment to Diversity, Equity, and InclusionCHOP is committed to building an inclusive culture where employees feel a sense of belonging, connection, and community within their workplace. We are a team dedicated to fostering an environment that allows for all to be their authentic selves. We are focused on attracting, cultivating, and retaining diverse talent who can help us deliver on our mission to be a world leader in the advancement of healthcare for children.We strongly encourage all candidates of diverse backgrounds and lived experiences to apply.A Brief OverviewResponsible for improving financial decision-making across the organization. Maintain financial data related to: budget, long range plan, decision support system, benchmarking & productivity tools, reporting, analytics and modeling. The primary responsibility of the Financial Data Analyst is to drive data analyses/reporting to support decision making.What you will doEssential FunctionsInvolved in the following: data analytics, financial decision support, business statistics, benchmarking, budgeting, long term strategic planning, predicative modeling, productivity, dashboard/financial reporting, financial analysis/trending, metric development, data/system quality and ad hoc analysis/projects.
Identify, analyze, and interpret trends or patterns in complex data sets.
Acquire data from primary or secondary data sources and maintain databases/data systems.
Interpret data, analyze results using statistical techniques and provide ongoing reports.
Adept at queries, report writing and presenting findings.
Leads projects and trains analysts.
Involved in the following: data analytics, financial decision support, business statistics, benchmarking, budgeting, long term strategic planning, predicative modeling, productivity, dashboard/financial reporting, financial analysis/trending, metric development, data/system quality and ad hoc analysis/projects.
Identify, analyze, and interpret trends or patterns in complex data sets.
Acquire data from primary or secondary data sources and maintain databases/data systems.
Interpret data, analyze results using statistical techniques and provide ongoing reports.
Adept at queries, report writing and presenting findings.
Leads projects and trains analysts.
The Financial Analyst is responsible for analyzing and reporting the Gross Revenues for Children's Hospital of Philadelphia - King of Prussia Campus.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.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 enior 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.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 ad hoc 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 reviewEducation Qualifications
Bachelor's Degree RequiredExperience Qualifications
At least three (3) years related Financial Analytics & Planning experience RequiredSkills and Abilities
Extensive knowledge of Microsoft Excel required.Required
Working knowledge of Microsoft Word, Microsoft Power Point, Workday, Business Objects, Microsoft Access requiredTo carry out its mission, CHOP is committed to supporting the health of our patients, families, workforce, and global community. As a condition of employment, CHOP employees who work in patient care buildings or who have patient facing responsibilities must be fully vaccinated against COVID-19 and receive an annual influenza vaccine. Learn more.Employees may request exemptions for valid religious and medical reasons. Start dates may be delayed until candidates are immunized or exemption requests are reviewed.EEO / VEVRAA Federal Contractor | Tobacco StatementChildren'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.