Financial System Analyst Job Description
Financial System Analyst Duties & Responsibilities
To write an effective financial system analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included financial system analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
Financial System Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Financial System Analyst
List any licenses or certifications required by the position: CPA, PMP, MBA, CMA
Education for Financial System Analyst
Typically a job would require a certain level of education.
Employers hiring for the financial system analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Finance, Accounting, Education, Computer Science, Business, Information Systems, Business/Administration, Technical, MBA, Engineering
Skills for Financial System Analyst
Desired skills for financial system analyst include:
Desired experience for financial system analyst includes:
Financial System Analyst Examples
Financial System Analyst Job Description
- Build system and hospital-specific A/R portfolios by payer, operational divisions, and external
- Vendors in multiple reporting systems including but not limited to STAR, Epic, EPSI, and Relay
- Create payment, adjustment, and write-off analyses for specific payers, hospitals, operational
- Division, and the system as a whole
- Leads monthly analyses of account receivables by hospital and carrier plan including debits and
- Credits
- Delays, and staffing to leadership
- Validates fee schedules against contracts
- Outlines risks and gains according to contract terms
- Works with Directors on recovery efforts tied to identified variances and denials
- One plus years’ experience in a Finance related role
- Must be a logical thinker, have excellent customer service skills, have experience with system query tools, and be able to provide workflow/process improvement review, documentation, and analysis
- Demonstrates a combination of functional Financial, HR/Payroll, or Supply Chain experience and IT experience
- Participates with Information Technology (IT) management in planning, organizing, and analyzing new and current system functionality, applications, and associated processes
- Participates in implementation of new systems
- Documents functional design decisions, specifications, and workflow processes to meet user and team needs and to ensure design and integration standards are maintained
Financial System Analyst Job Description
- Prepares external expense tracking, performance assessment, and analysis
- Measures and efficiencies based on vendor performance and spend
- Collects data and prepares analysis of proposed payer-based settlements against open credits and
- Debits
- Constructs cost-to-collect model for tracking overall departmental performance
- Conducts payment analysis in conjunction with Finance to assess collection performance year over
- Conducts analysis of revenue impact associated with changes in payment models or other
- Generates reports to support overall operations, budget initiatives, and financial goals
- Conducts operational analysis for new services, lines of business, and other initiatives
- Prepares monthly analysis of hospital revenue cycle performance
- Bachelor’s degree (B.A.) from four-year college or university (preferably accounting) and at least five years related experience and/or training
- An expert in analyzing monthly, quarterly & annual financial results
- Advanced analytics, MS Excel (VBA, Macros, ) and SQL
- Financial services industry experience, knowledge of basic terms, key standards and an understanding of credit ratings
- Ability to translate business needs into software and operational requirements, document and analyze requirements and propose possible solutions
- Familiarity with wireframing tools
Financial System Analyst Job Description
- Leads the building of dashboards in STAR, Epic, EPSI, and other applications as determined by the System Director
- Position Requirements and Qualifications
- Perform other responsibilities or assignments as required
- Carry out system testing & model validation upon client's key AML & sanctions compliance and monitoring systems and provide remediation recommendations
- Collect and manage complex and large financial and operational dataset in support of financial advisory engagements, design and execute customized analytics procedures to identify inconsistencies, potential fraud behavior and other anomalies
- Work with AML team on the execution of AML compliance reviews, health checks, KYC remediation, AML and Sanctions related - gap assessments, transaction monitoring and other AML/CFT-related services
- Prepare reports, presentation decks, running sheets and visualizations outlining the work practices and outcomes
- Build rapport with external and internal stakeholders, identify FA external client's and internal professional service team's expectation and opportunities for providing analytics services that add value where possible
- University degree in preferably in computer science, engineering or accounting
- Experience with application support (preferably financial)
- Experience in facilitating effective interaction between the project team and the customer
- Participation in planning, resolving disputes and risk evaluation
- Verifying implemented products in accordance with the requirements
- End-user product training
- Experience in writing specifications and developing drafts of user interfaces
- Requirements management during development cycle, knowledge of project life cycle models
Financial System Analyst Job Description
- Effective communication, cooperation and conflict solving skills
- Team player with strong collaborative qualities, positive behavior and can-do attitude
- Experience with Oracle EBS, IntelliMatch or ReconNet
- Knowledge of Derivative Accounting and FX business
- Experience with flowchart software LucidChart or Visio
- Support and maintain existing processes within the Operations
- Become an expert in the designated department’s business processes (Financial)
- Partner with stakeholders to gather requirements for changes to systems
- Administer applications including user setup, profile/role configuration, report generation, and troubleshooting (Financial)
- Stay current on the applications current and future roadmap capabilities and consult with the Financial stakeholders and IT team to optimize the use of our systems
- Business processes modeling, knowledge of notations and methodologies
- Understanding and using the techniques for identifying requirements
- Knowledge of business analysis and requirements management theory
- Ability to convert vague and unstructured information into distinct requirements
- Ability to influence change and manage upward
- First level university degree with a focus in finance or computer science
Financial System Analyst Job Description
- Define and design reports to facilitate the planning, forecasting, and reporting of information required to support decision making
- Lead the implementation of new information systems
- Provide technical support and training for our end users
- Maintain certifications and/or training for the designated systems and serve as the subject matter expert for those systems
- Provide technical support and coordination for the design, development, implementation, and support of systems solutions for the financial functions within Southern Nuclear
- Southern Accounting Reporting Application
- Southern Financial Inquiry Application
- Southern Account Validation Inquiry / Maintenance Application
- Participate in internal customer meetings to better understand users’ requirements and challenges
- Provide support to other Finance groups to help understand processes and analyze data
- Five years Planning, Programming and Budgeting (PPBS) experience providing programmatic support for service, DoD or IC program offices
- Must possess practical and managerial knowledge of and experience in the military acquisitions process and systems life cycle management
- Minimum of seven years and demonstrated proficiency with Microsoft PowerPoint, Excel and Project
- An active TS/SCI clearance with ability to obtain & maintain a Counter-Intelligence (CI) polygraph post hire
- Working with shipyards
- Bachelor of commerce with major in business technology management or accounting