Henry Ford Health System, d/b/a Henry Ford Health logo

Financial Consultant (Job Code: REF1848F)

Henry Ford Health System, d/b/a Henry Ford Health

Detroit, MIJob$92K/yrSeen 5 days agoSeen in employer's feed 5 days ago

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At a glance

Compensation
$92K/yr
Location
Detroit, MI
Work Authorization
Not specified

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Requirements

Credentials this posting asks for.

Bachelor's degree

Job overview

The Financial Consultant assists with resource-allocation decisions and financial performance improvement for the health system. The role coordinates projects and resources, prepares management reports and recommendations, and provides financial analysis to executives. It applies healthcare reimbursement knowledge to ROI assessments, business cases, budgets, forecasts, and variance analysis, while analyzing systems and procedures and identifying opportunities for improvement.

Skills & qualifications

RequiredNice to have

Skills

Resource AllocationProject CoordinationHealthcare ReimbursementFinancial AnalysisROI AnalysisBusiness Case AnalysisReport WritingFinancial Data AnalysisBudgetingForecastingVariance AnalysisERP SystemsJournal Entry PreparationSystems AnalysisProcess ImprovementRequirements Definition

Qualifications

Bachelor's in Finance, Accounting, Business Administration, Economics, or Related FieldThree Years' Experience

Full job description

Responsible for assisting decision making in resource allocation and improving the financial performance of the heath system; plan and coordinate the use of resources; prepare reports and recommendations for management and coordinate implementation when possible; serve as a consultant on projects outside of specific assignments; coordinate complex projects involving multiple participants and teams; develop and refine scope of projects, assignments and objectives; develop projects and assignments work plans; provide updates to management on project progress; conceptualize ideas, develop work plans, and execute the plans; develop and determine priorities and monitor status of projects on an ongoing basis; document current systems and operations; utilize and apply knowledge of healthcare reimbursement methodologies in financial analyses; preparation and analysis of Return on Investment (ROI) assessments; preparation and analysis of financial business cases; providing financial analysis, insights, and recommendations to executives; report writing tools; extraction, analysis, and presentation of financial data; operating and capital budget preparation and monitoring; forecasting and variance analysis; large financial system dataset extraction, validation, and manipulation; ERP systems; journal entry preparation and posting; and collaboration with senior management and executive- level cross-functional teams to perform assigned tasks; analyze client systems, procedures and operations and identify opportunities for improvement; identify and test alternative methods and procedures and identify associated costs and benefits; and define requirements to modify existing procedures, and develop new system implementations of revised or new methods. Location : 1 Ford Place, Detroit, Michigan, 48202. Salary: $91,894 per year Education: Bachelors -- Finance, Accounting, Business Administration, Economics, or in a related field of study (will accept equivalent foreign degree); Experience: Three (3) years in the position above, as a Financial Analyst, as a Financial Specialist, as an Accounting Analyst and Financial Analyst, or in a related occupation;

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