Financial Analyst

We are hiring this role for a portfolio company called - Ascension.

This role is going to be a member of the larger finance support function in our Hyderabad Development Center.

The Financial Analyst supports data-driven decision-making across clinical and operational departments by delivering actionable financial insights. This role enhances cost efficiency, revenue optimization, and strategic planning in a healthcare environment.

Accountabilities

• Improve financial performance

  by analyzing revenue cycles, payer mix, and reimbursement trends to identify opportunities for optimization.

• Support strategic initiatives

  by developing financial models and forecasts that guide service line expansion, capital investments, and operational improvements.

• Enhance budget accuracy

  by collaborating with department leaders to align financial plans with clinical goals and resource needs.

• Increase transparency and accountability

  by preparing dashboards and reports that track KPIs such as cost per patient, utilization rates, and margin by service line.

• Ensure regulatory compliance

  by monitoring financial data for adherence to CMS, HIPAA, and other healthcare-specific standards.

• Reduce waste and inefficiencies

  by conducting cost-benefit analyses and identifying areas for process improvement or renegotiation of vendor contracts.

• Strengthen decision-making

  by translating complex financial data into clear, actionable insights for executives and clinical leaders.

Tasks:

• Create budgets for startup expenditures for new substance use disorder treatment programs to include: Residential Treatment (RT), Partial Hospitalization (PHP), and Intensive Outpatient Programming (IOP)
• Establishing an annual budget for these various behavioral health / addiction treatment programs, to include RT, PHP, and IOP.
• Forecasting financial outcomes of the new center to include Balance Sheet, Income Statement, Statement of Cash Flows
• Develop the estimated revenue stream, through reimbursement rates, from a variety of payers (commercial insurance, Medicaid, self-pay, etc.)
• Establish budgeted operating costs for new center
• Provide insight to accounts receivable and chargebacks of the new facility (i.e. collection, billing, etc.)
• Perform Monthly Budget vs Actual Variance Analysis
• Deliver Daily Census and Monthly Key Performance Indicator Reporting
• Provide Revenue Cycle Management Assistance
• Other Ad Hoc Analysis

• Core Values

  - Promote and adhere to the workplace values of kindness, teamwork, empathy, integrity, excellence and mission

Education and Experience

• Bachelor’s degree in Finance, Accounting, Economics, or related field (Master’s or MBA preferred).
• Certification such as CFA, CPA, or HFMA credentials is a plus.
• Minimum of two years of experience in accounting and/or financial management; healthcare experience strongly preferred
• Direct experience with insurance reimbursement rates (commercial insurance and Medicaid preferred)
• Direct experience with developing and managing an annual budget
• High comfort level with financial reporting on a granular basis to a variety of internal and external constituents
• Revenue cycle experience preferred