Follow Us On LinkedIn (Link opens in a new window)
ACM Financial Analyst
Job Ref # 15425
SHARE THIS
Location:
Houston Methodist Academic Institute
6670 Bertner Ave
Houston, TX 77030

Category: Academic Institute

Job Type: Full-Time

Posted Date: Sept. 14, 2021

JOB SUMMARY
At Houston Methodist, the Financial Analyst is responsible for maintaining and analyzing data related to the financial performance of the organization and individual departments. The Analyst is also responsible for compiling and reporting information as requested by Financial Accounting, Internal Audit and management. Other responsibilities include the assistance with annual operating budgets and maintenance of a monthly dashboard of key indicators and external benchmarks.

Requirements:

PRIMARY JOB RESPONSIBILITIES

PEOPLE - 10 %

  1. Interacts with all levels of personnel within the department, other institutional departments, as well as outside companies to resolve problems/errors or questions regarding basic accounting reconciliation items.

SERVICE - 30 %
  1. Assists department administrator and faculty members in managing the clinical/research departmental budget.
  2. For Research: Assists in preparation of grant and contract budget proposals as needed. Assists in the oversight of department's financial files for all grant and donor funding.
  3. For Research: verifies all faculty, staff and research personnel are charged to the correct grant sources.

QUALITY/SAFETY - 10 %
  1. Reviews revenue projections, budget revisions, etc., for physician practice and/or academic department.

FINANCE - 40 %
  1. Support the development of auditing, reporting and contract modedling tools as needed for identification and analysis of rate and/or fee schedule auditing, financial performance and contract performance as well as modeling and analysis of potential opportunities.
  2. Prepare and maintain revenue models.
  3. Support administrator with compilation of information needed for organization profit and loss statements required by financial accounting.
  4. Maintain monthly dashboard of key indicators and external benchmarks as defined by management.
  5. For Physician Organization: Review contracts/calculate provider productivity bonuses/compensation models.

GROWTH/INNOVATION - 10 %
  1. Maintains procedures and SOP's for reconciliation process.

This job description is not intended to be all inclusive; the employee will also perform other reasonably related business/job duties as assigned. Houston Methodist reserves the right to revise job duties and responsibilities as the need arises.

Qualifications:

EDUCATION REQUIREMENTS

  • Graduate of education program approved by the credentialing body for the required credential(s) indicated below in the Certificates, Licenses and Registrations section.
  • BBA, BS or BA with a major in Accounting, or related degree is required.

EXPERIENCE REQUIREMENTS
  • Minimum three years of financial analysis experience in health care environment.

CERTIFICATES, LICENSES AND REGISTRATIONS REQUIRED

  • N/A

KNOWLEDGE, SKILLS AND ABILITIES REQUIRED

  • Demonstrates the skills and competencies necessary to safely perform the assigned job, determined through on-going skills, competency assessments, and performance evaluations.
  • Sufficient proficiency in speaking, reading, and writing the English language necessary to perform the essential functions of this job, especially with regard to activities impacting patient or employee safety or security.
  • Ability to effectively communicate with patients, physicians, family members and co-workers in a manner consistent with a customer service focus and application of positive language principles.

SUPPLEMENTAL REQUIREMENTS

Work AttireYes/No
Uniform No
ScrubsNo
Business professionalYes
Other (dept approved) No

On-Call* No (for Non-Exempt or Exempt jobs)

*Note that employees may be required to be on-call during emergencies (ie. Disaster, Severe Weather Event, etc) regardless of selection above.

Travel**
May require travel within No
Houston Metropolitan area 

May require travel outside No
of Houston Metropolitan area 

**Travel specifications may vary by department.


Please note any other special considerations to this job: __________________________




Company Profile:

A cornerstone of Houston Methodist's strategic vision as a source for leading care, Houston Methodist Academic Institute conducts ground breaking translational and clinical research to provide the best care to patients in our community and around the world. At Houston Methodist, fostering innovations with the potential for clinical application is at the very heart of what we do. Our interdisciplinary teams of clinicians and researchers are committed to streamlining the process of translating discoveries into treatments and cures for our patients.

GO
Check Out - The Daily Dose News from the Houston Methodist Community (opens in a new window)
Houston Methodist Named Best Employer
Houston Methodist is excited to announce that Forbes and Statista have again named us a Top Employer in Texas. This is their third annual list highlighting noteworthy employers based on surveys from 80,000 Americans working for businesses with at least 500 employees. We at Houston Methodist are honored being featured …
Houston Methodist Hospital Named a ‘World’s Best Smart Hospital’
Houston Methodist is proud to announce that Houston Methodist Hospital is named a ‘World’s Best Smart Hospital 2021’. Newsweek and Statista partnered to develop a list of hospitals deemed best for integrating new technologies and data-driven opportunities as part of their delivery of health care. At Houston Methodist, we strive …
Houston Methodist Named No.1 Hospital in Texas
U.S. News & World Report has released its 2021-22 Best Hospitals list. Houston Methodist is excited to announce we’ve been ranked the No.1 Hospital in Texas for the 16th year in a row, and No.16 in the nation. We attribute this honor to the hard work of our dedicated staff, …

VISIT THE DAILY DOSE HOMEPAGE FOR MORE ARTICLES >>