Edison, New Jersey, United States
Experienced Senior Finance Leader with extensive and diverse background in FP&A, reporting, pricing/reimbursement analysis, financial planning and analysis as well as business process re-engineering. Strong Budgeting professional who is adept at interpreting complex information and translating the same to all levels of an organization and their staff.
•Prepare forecasts, budgets, analytics, and reports with sales team. Support such functional business partners. •Investigate variances between actuals, forecasts, and budget to understand trends and potential risks and opportunities. •Perform various analytics to support decision-making and strategy formulation. Interpret and provide insight to financial data. •Assist departments in staying within budget and identifying cost savings and effective uses of resources. •Develop financial models for business units to support financial planning, forecasting, and reporting processes. •Conduct ad hoc analyses for Finance and key business partners. •Drive continuous process improvements in reporting, forecasting, and budgeting activities through automation, consolidation, and quality improvement. •Proactively identify and resolve accounting and financial planning issues.
-Assists department managers and vice presidents in monthly analysis and annual preparation of unit budgets.Developing annual operating and capital budgets. Co-coordinating portion of the Long Range Financial Plan. -Analyzes data used by the Budget and Reimbursement Department on an ongoing basis for accuracy and investigates irregularities. -Coordinates Budget System interface with the General Accounting, Patient Accounts, Managed Care, and Corporate Accounting Departments on common financial matters. -P&L reporting, Monthly recording of expenses & year end reconciliation analysis for hospital units. -Analyzing financial performance, market trends and profitability of existing and proposed business operations utilizing cost accounting data. -Conducting trend analyses and comparing current year data with historical financial results. Ability to understand variances in the financial trends and communicate these to Senior Management -Utilizing financial modeling tools and cost accounting data to create financial proformas and forecasts for specific business units, product lines and the hospitals as a whole. -Analyzing financial performance, market trends, profitability of existing and proposed business operations using financial and cost accounting data. Comparing current year to historical. -Reviewing bi-weekly, monthly and year to-date Projection schedules prior to submission. Adding value by tracking key entity initiatives and events impacting the Projection information. - Creating & maintaining, and overseeing statistical reports and analyses for the administration team, including reports on metrics, cost accounting, contribution margin, and AR stratification. -Developed a labor tracking tool and labor standards to monitor each department’s productivity on a daily basis. Used the patient accounting system and payroll system to obtain statistics.