JOB DESCRIPTION
Job Title:
Financial Analyst FP&A
FLSA Status:
Exempt
Reports To:
Chief Financial Officer
Employment Type:
Regular -Full Time
Location:
Mesa, AZ (In-Office)
EEO Class:
Administration
Department:
Accounting
Date:
August 2026
Job Summary
The Financial Analyst – Financial Planning & Analysis (FP&A) supports the organization’s financial planning, budgeting, forecasting, reporting, and decision-support activities. This position partners with finance, operations, and departmental leadership to analyze financial and operational performance, identify trends and opportunities, and provide actionable insights that support strategic and operational decision-making.
In a healthcare/medical practice environment, the Financial Analyst will have particular responsibility for analyzing revenue, provider productivity, labor costs, operating expenses, revenue cycle performance, profitability, and other key performance indicators.
Duties/Responsibilities
Financial Planning & Forecasting
- Develop and maintain annual budgets and recurring financial forecasts.
- Prepare monthly, quarterly, and annual financial projections.
- Maintain rolling forecasts for revenue, expenses, EBITDA, cash flow, and key metrics.
- Analyze actuals vs. budget, forecast, and prior-year performance.
- Prepare variance analyses and identify key financial drivers.
- Support long‑range planning, scenario modeling, and strategic financial initiatives.
- Build financial models to evaluate changes in volume, reimbursement, staffing, compensation, and operating costs.
Financial Analysis & Reporting
- Produce monthly financial and management reporting packages.
- Analyze income statement, balance sheet, cash flow, and departmental results.
- Monitor revenue, expenses, margins, and profitability trends.
- Identify unfavorable trends and recommend corrective actions.
- Develop dashboards, scorecards, and executive‑level reporting.
- Distinguish recurring vs. non‑recurring activity to clarify operating performance.
- Support month‑end and year‑end analysis in collaboration with Accounting.
- Assist with reporting for executive leadership and physician/ownership groups.
Healthcare & Medical Practice Analytics
- Analyze patient service revenue, collections, contractual adjustments, and reimbursement trends.
- Monitor revenue cycle KPIs (AR days, aging, net/gross collection rate, denials, bad debt, cost to collect, payer/insurance mix).
- Evaluate provider productivity (wRVUs, volumes, collections, compensation, revenue per provider).
- Perform provider‑level profitability and contribution‑margin analysis.
- Assess compensation expense relative to revenue and productivity.
- Evaluate departmental and service‑line profitability.
- Partner with Revenue Cycle to identify revenue leakage and collection opportunities.
Labor & Operating Expense Analysis
- Analyze patient service revenue, collections, contractual adjustments, and reimbursement trends.
- Monitor revenue cycle KPIs (AR days, aging, net/gross collection rate, denials, bad debt, cost to collect, payer/insurance mix).
- Evaluate provider productivity (wRVUs, volumes, collections, compensation, revenue per provider).
- Perform provider‑level profitability and contribution‑margin analysis.
- Assess compensation expense relative to revenue and productivity.
- Evaluate departmental and service‑line profitability.
- Partner with Revenue Cycle to identify revenue leakage and collection opportunities.
EBITDA & Profitability Analysis
- Monitor monthly and quarterly EBITDA and margin performance.
- Prepare EBITDA bridges and variance analyses.
- Identify operational drivers impacting profitability.
- Develop scenario models for revenue changes, reimbursement shifts, staffing adjustments, provider additions, and expense reductions.
- Support initiatives aimed at improving operating margin and organizational profitability.
Strategic Decision Support
- Prepare financial analyses for new providers, locations, service lines, and capital investments.
- Develop ROI, break‑even, contribution‑margin, and sensitivity analyses.
- Support physician compensation modeling and productivity analysis.
- Assist with business cases for strategic initiatives.
- Provide financial modeling for acquisitions, affiliations, and expansion.
- Translate complex financial data into clear, actionable recommendations.
Key Performance Indicators Supported
The Financial Analyst will assist leadership in monitoring key financial and operational metrics, including:
- Revenue growth
- Net patient service revenue
- Collections
- EBITDA and EBITDA margin
- Operating margin
- Revenue per provider/FTE
- Expense per provider/FTE
- Labor expense percentage
- Provider compensation percentage
- wRVUs and productivity
- AR days and AR aging
- Net collection rate
- Denial rate
- Bad debt percentage
- Cost to collect
- Cash flow
- Budget-to-actual performance
- Department and service-line profitability
Required Skills/Abilities
Technical Skills
- Advanced Microsoft Excel skills, including:
- PivotTables
- XLOOKUP/INDEX-MATCH
- SUMIFS
- Financial modeling
- Scenario and sensitivity analysis
- Data validation and reconciliation
- Strong understanding of financial statements and generally accepted financial principles.
- Experience with ERP/accounting systems such as QuickBooks, Sage Intacct, NetSuite, Oracle, or similar platforms.
- Experience with Power BI, Tableau, or other business intelligence tools preferred.
- Ability to work with practice-management, billing, payroll, and healthcare financial systems.
- Strong data visualization and executive-reporting capabilities.
Core Competencies
- Financial modeling and analytical thinking
- High attention to detail and data accuracy
- Ability to identify trends and financial risks
- Strong problem-solving skills
- Business and operational acumen
- Ability to translate data into actionable recommendations
- Strong written and verbal communication
- Ability to communicate effectively with physicians, executives, and non-financial leaders
- Ability to manage multiple priorities and deadlines
- High degree of confidentiality and professional judgment
Success Measures
Success in this position will be demonstrated through:
- Accurate and timely financial forecasts.
- Improved budget-to-actual visibility.
- Identification of meaningful revenue and expense opportunities.
- Reliable executive financial reporting.
- Improved visibility into provider and departmental profitability.
- Effective monitoring of EBITDA and operating performance.
- Actionable analysis that supports management decision-making.
- Strong partnership with Finance, Accounting, Revenue Cycle, Operations, HR, and physician leadership.
Education /Experience
Education
Required:
- Bachelor’s degree in Finance, Accounting, Economics, Business Administration, Healthcare Administration, or related field.
Preferred:
- MBA, MHA, CPA, CMA, FPAC, or similar advanced degree/certification.
Experience
- 3–5+ years of experience in FP&A, financial analysis, accounting, healthcare finance, or a related field.
- Healthcare, physician practice, medical group, or ambulatory healthcare experience strongly preferred.
- Experience with budgeting, forecasting, variance analysis, and financial modeling.
- Experience analyzing large and complex financial datasets.
- Experience presenting financial information to senior leadership preferred.
This job description is not intended to cover or contain a comprehensive list of activities, duties, or responsibilities that are required of the employee. Other duties, responsibilities and activities may change or be assigned at any time with or without notice.