Job description
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CPT- 9567 Financial Planning & Analysis (FP&A) Analyst
REQUIRED SERVICE: Business Support
REQUESTED EXPERIENCE TIER LEVEL: Junior Level
MIN. HOURS/WEEK: 40 hours
SHIFT TIME ZONE: EST
SHIFT HOURS: 8 AM- 5 PM
SHIFT DAYS: Monday to Friday
REPORTING TO/POC: To Be Determined
Number of VAs: 1
GENDER PREFERENCE: N/A
LANGUAGES SPOKEN/PREFERENCE: English
ACCENT PREFERENCE: Neutral
REGION PREFERENCES: N/A
We are seeking a Financial Planning & Analysis (FP&A) Analyst to join our hospital finance team. This role will be responsible for budgeting, forecasting, financial modeling, and performance analysis to support data-driven decision-making. The ideal candidate will have a background in healthcare finance, exceptional analytical skills, and the ability to translate complex financial data into actionable insights.
Key Responsibilities:
- Budgeting & Forecasting: Assist in developing and maintaining hospital budgets, rolling forecasts, and long-term financial plans.
- Financial Analysis: Perform variance analysis (actual vs. budget), identify trends, and provide recommendations to hospital leadership.
- Revenue & Cost Analysis: Evaluate revenue cycle metrics, patient volumes, payer mix, operating expenses, and service line profitability.
- Reporting & KPI Tracking: Create financial reports and dashboards to monitor KPIs, including operating margin, cash flow, EBITDA, and cost efficiency.
- Strategic Financial Modeling: Support modeling for capital investments, new service lines, and operational initiatives.
- Collaboration: Partner with finance, accounting, supply chain, and operational teams to align financial planning with hospital objectives.
- Ad Hoc Projects: Contribute to cost-saving initiatives, payer contract negotiations, and process improvement efforts.
- Regulatory Compliance: Ensure financial reporting adheres to healthcare regulations, Medicare/Medicaid guidelines, and internal standards
Qualifications:
- Bachelorβs degree in Finance, Accounting, Economics, or a related field.
- 2β4 years of FP&A or financial analysis experience, preferably in a hospital or healthcare environment.
- Strong understanding of healthcare finance, reimbursement models, and revenue cycle operations.
- Advanced Microsoft Excel proficiency (financial modeling, pivot tables, lookups, etc.).
- Experience with Power BI, Tableau, or similar data visualization tools.
Want to work with this amazing client? Apply now and join 20four7VA! Join the remote world, today.
What we offer:
- Competitive rates
- Weekly payments
- Annual rate increase (based on performance)
- Paid time off
- Paid holidays
- Various open roles are available
- Free training and upskilling
- Constant support and guidance from managers and mentors
- Clear schedules and guidelines
- A vibrant community always ready to support you
- And more!