Senior Financial Analyst I in Spartanburg, SC at Spartanburg Regional Healthcare System

Date Posted: 12/25/2019

Job Snapshot

  • Employee Type:
    Full-Time
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    12/25/2019

Job Description

This position applies generally accepted accounting principles and applicable regulatory guidance to perform assigned general accounting duties related to the creation and completion of accurate accounting analysis and transactions necessary for the development of timely and accurate financial reporting. This position will develop, edit, update, and maintain workpapers for assigned areas of responsibility.   Understands business processes and procedures and identifies areas of improvement.  Prepares financial schedules and analysis, adjusting journal entries, account reconciliations, completion of regulatory required processes as required by specific job role. Gathers, analyzes and documents business requirements to fulfill processes.  Occasionally works over the standard required work hours to accomplish job tasks and to propel area forward.  This position includes but is not limited to accounting processes related to the third party reimbursement function of departments of Spartanburg Regional Healthcare System.  Performs other duties as assigned.

To support the reimbursement function, this position will participate in the following activities:

  • Preparation of Medicare and other Third-Party cost reports
  • Preparation of any other rereporting required by Medicare, Medicaid or other governmental agency
  • All reporting is in compliance with Hospital policies and applicable rules and regulations
  • Preparation of workpapers required for cost reports and other reimbursement reporting
  • Preparation of financial and statistical analysis
  • Prepare journal entries as needed and perform account reconciliations
  • Prepares impact analysis of reimbursement changes
  • Assist departments in resolving and addressing reimbursement issues

 Provides support to associates, department directors/managers. Performs other duties as assigned.

Bachelor’s degree Accounting, Finance or related field required.  Master's Degree in Accounting or related field (Masters in Accountancy or MBA).  At least five years of relevant accounting experience required.  5 to 10 years of relevant accounting experience, healthcare accounting strongly preferred.  CPA or related certification preferred.

QUALIFICATIONS:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.  The requirements listed below are representative of the knowledge, skill, and /or ability required.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.



LANGUAGE SKILLS

Ability to read, analyzes, and interprets general business periodicals, professional journals, technical procedures, and governmental regulations.  Ability to write reports, business correspondence, and procedure manuals.  Ability to effectively present information and to respond to questions from groups of managers, employees, customers, and the public.



MATHEMATICAL SKILLS

Ability to add, subtracts, multiply, and divide using whole numbers, common fractions, and decimals.  Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.

REASONING ABILITY

Ability to define problems, collect data, establish facts, and draw valid conclusions.  Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.

Must be proficient in Microsoft Office applications (Word, Outlook, and PowerPoint).  Must be an advanced Excel user.