Senior Financial Analyst at BrightSpring Health Services in Louisville, Kentucky, United States

Senior Financial Analyst at BrightSpring Health ServicesLouisville, Kentucky, United States — full-time

Our Company

BrightSpring Health Services

Overview

Are you a numbers aficionado, skillful in maximizing costs and minimizing expenses? Finance and Accounting focuses on the organization's financial management strategies and execution. If this piques your interest, read more below and apply today!

Responsibilities

The Senior Financial Analyst will serve as a major finance contributor over an assigned region and/or business line, will be a key partner to the operational leader by helping to define, and drive all financial analysis and reporting for their assigned business. The successful candidate will be seen as a driver of results within the business, across disciplines (census growth, revenue rate, labor management, overhead staffing, collections and capital expenditures)
Drive Business Performance: More than reporting the numbers, the Sr. Financial Analyst is responsible for monitoring key performance metrics and recommending action to improve operational performance across many areas. Specifically:
o   Modeling of each agency's financials - Model the optimal financial performance for each agency, based on their occupancy, monitor performance against the model, so that leaders can drive change at the field level where gaps exist
o   Monthly Overhead tracking, position, and pay control - On a weekly and monthly basis, monitor overhead staffing and all position and pay control. Supports company efforts to drive an environment of fiscal management across every level of the organization and ensure all agencies have the information needed to remain in line with approved overhead staffing plans and field pay is in line with budgets
o   Weekly labor management - Each week, review worked hours compared to planned hours, capacity planning to identify areas where staffing needs to be addressed, and then recommend solutions to labor issues and implement those solutions as quickly as possible
o   Client authorizations - Optimize revenue capture by monitoring clients with expired or soon-to-expire service authorization and inform the field of the actions needed to clear those authorizations in order to avoid revenue adjustments
Accounting Focus - Review accounting for revenue and expense accruals as well as presenting gross profit. Prepare variance analysis
Deep Dive Operational / Financial reviews - Complete detailed reviews of individual locations. Each location will be reviewed regularly, with particular attention to locations with significant variances to monthly budgets /