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Covenant Health · 1 month ago

FIN ANALYST II -FIN & SP

Knoxville, TN

Full-time

Hybrid

Mid Level

4+ years exp

Covenant Health is the region’s top-performing healthcare network with a commitment to improving the quality of life for patients. The Financial Analyst II – Finance & Special Projects plays a key role in supporting strategic financial initiatives, project management, and data analysis to drive informed decision-making within the organization.

Health CareHealth InsuranceHome Health Care

Responsibilities

Assists in developing, monitoring, and analyzing the operating budget to ensure alignment with organizational goals

Provides data-driven insights and recommendations to improve budget efficiency and financial performance

Collaborates with business unit leadership to identify key budget assumptions and drivers, supporting these leaders in their budget-development process

Supports the preparation and review of the capital budget to prioritize strategic investments

Analyzes spending trends and prepares reports to ensure alignment with enterprise priorities

Identifies opportunities for improvement in the budgeting process and provides recommendations to finance leadership

Assists in the development of long-term capital planning, ensuring alignment with the health system’s strategic objectives

Supports the evaluation and prioritization of capital investment proposals for financial viability and strategic fit through financial analysis, forecasting, and scenario analyses

Manages the submission, tracking, and reporting of capital requests and funding, ensuring compliance with budgets and policies

Coordinates with stakeholders to maintain transparency on approved projects and their status as well as balances against approved budgets

Serves as a main driver for the enterprise’s Performance Excellence initiative, maintaining accountability and guiding business units toward success of their individual plans

Supports the planning processes for strategic market growth, assisting in the coordination and completion of RFPs, valuations, market analysis, due diligence, etc

Coordinates and oversees integration efforts to evaluate and consolidate key initiatives and processes to ensure streamlined, effective integrations with new business units

Provides detailed financial reports and analyses to support CFO decision-making and supports other various requests from CFO and financial leadership

Supports initiatives to identify and implement process improvements across financial operations

Assists in developing and tracking key performance indicators (KPIs) to measure organizational success

Comfortable working through ambiguous situations and able to provide structure to unstructured requests

Follows policies, procedures, and safety standards. Completes required education assignments annually. Works toward achieving goals and objectives and participates in quality improvement initiatives as requested

Performs other duties as assigned

Qualification

Financial analysisBudgetingHealthcare financeData analysisPerformance ExcellenceProject managementExecutive presenceProcess improvementKey performance indicatorsStrategic mindsetCommunication skills