This role allows for a hybrid schedule requiring weekly shifts onsite in Bellevue, Washington. Washington state residency is required.

Responsible for a variety of Finance related functions to include developing pro forma work on existing and new services, updating the multi-year forecast model and ongoing analysis of the cost accounting system and service line reporting.  Assist the Director during the annual operating budget cycle.  Use advanced computer techniques to retrieve and analyze data and present results to management.

• Assist Financial Planning Director during the annual operating budget cycle with analysis and budgeting of global expenses and revenues.  This may include reviewing global expense, revenue and volume projections, per unit testing of revenue, and verifying overall expense levels are appropriate to trends. Coordinate efforts with the team to maintain consistency of budgeting across the organization.

• Develop and complete pro formas for new and existing programs/service lines.  This will include documenting methodologies and assumptions needed to perform analysis of volumes, revenues and expenses.  Incorporate demand analysis from Strategic Planning to include demographic, utilization, market share and physician referral patterns.  Develop reimbursement assumptions for impact of differences in payer reimbursement methodologies.  Compile and validate operating expense and capital assumptions.  Prepare sensitivity analysis and calculate net present value (NPV) and internal rates of return (IRR).  Review for legal, regulatory and tax implication issues and coordinate issue resolution with other departments that have expertise in those areas.

• Coordinate with Strategic Planning on the development of business plans.  Regularly communicates, including progress reports, with project sponsors, managers and key customers to ensure that all critical issues are identified and addressed.  Works to ensure all financial analysis is completed in a timely manner. Is an active business partner on evaluating potential projects to decide if projects will meet existing strategic or financial objectives.  Will present findings and financial analysis of the business plan to Executive stakeholders.

• Prepare updates for the facility level multi-year model forecast on at least an annual basis; more often when required for planning purposes.  An update will include detailed analysis and sub-schedules of projections for revenues, volumes and expenses for all corporations, a sensitivity analysis on various drivers, and completing a board level presentation to be submitted to the CFO for Finance Committee presentation.

• Prepare routine analysis of the cost accounting system and assist with annual system maintenance.  Demonstrate high-level of understanding for decision support systems and cost accounting.  Assist Strategic Data Resources with the annual maintenance of the cost accounting system.  Work to improve the accuracy of the cost models.  Assist in the education of leadership on the appropriate use of cost accounting information to help them when analyzing the performance of business segments.

• Develop and maintain reports to evaluate service level profitability.  Monitor and prepare periodic program and service line performance evaluations in conjunction with Strategic Planning.  Analyze actual to projected performance and offer insight in to deviations.  Provide training to financial analysts and users of service level data.

Qualifications:

• Requires Bachelor’s Degree, preferably in Accounting, Finance, or Business.  MBA preferred. 

• HFMA membership desired.

• Requires minimum of five years’ experience in financial planning, analysis, and modeling, of which at least one year is in healthcare preferred 

• Experience with Axiom also highly desirable.