• Sr Financial Analyst I

    Location US-MA-Brookline
    Job Posted Date 4 months ago(6/3/2019 1:30 PM)
    Job ID
    Finance/Accounting/Patient Billing
    full time
  • Overview

    Located in Boston and the surrounding communities, Dana-Farber Cancer Institute brings together world renowned clinicians, innovative researchers and dedicated professionals, allies in the common mission of conquering cancer, HIV/AIDS and related diseases. Combining extremely talented people with the best technologies in a genuinely positive environment, we provide compassionate and comprehensive care to patients of all ages; we conduct research that advances treatment; we educate tomorrow's physician/researchers; we reach out to underserved members of our community; and we work with amazing partners, including other Harvard Medical School-affiliated hospitals.

    Reporting to the Director of Revenue & Reimbursement, this position is required to understand and apply knowledge of third party reimbursement regulations including Medicare, Medicaid and all other major third party payors for the Institute. The position is responsible for all aspects of cost reporting, participation in the development of net revenue forecasts and analysis, performing third party analysis and regulatory impact analysis.. Responsible for a wide range of tasks related to use, development and maintenance of computer applications in this area including MPC, PeopleSoft, Microsoft Office Products and Strata. Provides assistance to management and administrative personnel through the extrapolation, interpretation and summarization of data for strategic business purposes.


    • Prepare the annual Medicare and 403 cost reports for the Institute, other cost reports as needed. Maintain all analyses, reports and systems to complete cost reports on a timely basis and to maximize reimbursement within allowable guidelines. Includes maintaining, monitoring and collecting intern, resident and fellow FTE counts, physician time & effort reporting, etc.
    • Assist in the development of the annual net patient revenue, bad debt expense and other related accounts for operating budget for the Institute
    • Facilitate the process of monthly reporting of budget vs. actual financial and statistical data as it relates to patient revenue, bad debt expense and other related accounts.
    • Prepare analyses and journal entries as required to support the monthly general ledger closing process as it relates to patient revenue and third party liabilities.
    • Provide detailed analytics for initiatives which impact patient revenue and/or reimbursement and prepare ad hoc reports and furnish data on an as needed basis for management.
    • Collect related data and statistics for the timely completion of surveys.
    • Prepares monthly, quarterly, annual and ad hoc reports and furnishes data on an as needed basis.
    • Prepares analyses and journal entries, as required, to support the monthly general ledger closing process and annual budget development process. 
    • Assists with the development of the annual financial and statistical operating budget for the Institute, preparation of regulatory reports, and procedure cost development updates.
    • Assists with the development, implementation and operation of systems and processes to support the activities and goals of the Financial Planning (FP) department.
    • Participates in the business process redesign and improvement of key functions and tasks within the Financial Planning department.
    • Interaction with department managers and other Institute personnel at all levels to insure a complete understanding of any significant financial or statistical reporting, such as actual to budget variances and cost development. 
    • Understanding interdependences of processes and analyses and proposes ways to improve them.
    • The ability to handle complex and multi-part analyses and prepare summaries of important points. 
    • Reporting variances and potential solutions to senior management. 
    • Preparation of detailed analytics for ad hoc reports and special projects as assigned.



    • Bachelor's degree or equivalent in Accounting, Finance or related field is required.
    • Minimum of 3-5 years of related work experience, preferably in the health care industry. 
    • Requires superior computer skills in MS Office applications, automated general ledger system, etc. PeopleSoft experience strongly preferred. MPC, IDX, Harvest and/or TSI experience, along with experience with data mining, relational databases, and SQL query tools is a plus.
    • Must have superior judgment, discretion, interpersonal skills and communication skills to effectively work and communicate on sensitive political and confidential issues with clinical staff and senior management.
    • Must be able to function independently in a fast-paced environment while managing multiple priorities. 
    • Must pay particular attention to understanding the detail by performing reconciliations, implementing controls, and reviewing work completed. 
    • Must be committed to a customer service philosophy.
    • Must be committed to working closely with others in a team-oriented approach.

    Dana-Farber Cancer Institute is an equal opportunity employer and affirms the right of every qualified applicant to receive consideration for employment without regard to race, color, religion, sex, gender identity or expression, national origin, sexual orientation, genetic information, disability, age, ancestry, military service, protected veteran status, or other groups as protected by law.


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