Financial Reporting Analyst

Current Employees: If you are currently employed at SOMC please log into UKG Pro to use the internal application process. Department: Accounting Shift/schedule: Full Time (Salaried) GENERAL SUMMARY The Accounting Finance Reporting Analyst reports to the Administrative Director of General Accounting and Finance. The primary job function of the Finance Reporting Analyst is to support the organization’s financial performance through the development, analysis, and communication of accurate and meaningful financial and operational information.

This position is responsible for preparing recurring and ad hoc financial reports, analyzing trends and variances, maintaining financial reporting tools and data, and translating complex financial information into actionable insights for leaders. The Finance Reporting Analyst supports the financial operations of the hospital, and it’s associated entities by performing data analysis, journal entries, reconciliations and financial reporting.

The analyst provides insights into financial trends, variances, and ensures compliance with Generally Accepted Accounting Principles (GAAP) and healthcare-specific regulatory requirements. The Analyst is responsible for the accounting, reporting, and tracking of the hospital’s ambulatory group within the Medical Care Foundation (MCF).

Plays a key role in closing the month-end and year-end by ensuring accurate accounting and financial reporting by ambulatory group and provider for revenues, expenses, payroll allocations, and contractual modeling. Performs other duties as assigned.

QUALIFICATIONS

• High School Diploma or successful completion of an equivalent high school exam required
• Bachelor’s degree in Accounting, Finance, or related field required or equivalent experience required. Licensure:
• None Experience:
• Two years of relevant accounting experience required.
• Experience in healthcare is preferred.
• Experience with GAAP accounting and financial reporting and analysis required.
• Experience with ERP accounting systems is a plus. JOB SPECIFIC DUTIES AND PERFORMANCE EXPECTATIONS The following is a summary of the major job duties of this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

1. Prepares, analyzes, and distributes financial, operational, productivity, and performance reports, dashboards, scorecards, and presentations for leadership and key stakeholders.
2. Monitors and evaluates financial and operational performance against budgets, forecasts, benchmarks, and organizational goals; identifies, investigates, and explains variances and performance trends.
3. Develops financial models, forecasts, and ad hoc analyses to support strategic planning, operational decision-making, resource allocation, and business initiatives.
4. Partners with finance, clinical, and operational leaders to assess departmental and service line performance and provides actionable recommendations for improvement.
5. Supports cost accounting and decision-support functions, including costing methodologies, allocations, profitability analyses, contribution margin reporting, and validation of financial data.
6. Conducts financial evaluations of new programs, services, capital investments, staffing initiatives, and vendor proposals, including ROI, break-even, sensitivity, and scenario analyses.
7. Analyzes labor productivity, staffing utilization, FTEs, overtime, workload, and other workforce metrics to identify efficiency and performance improvement opportunities.
8. Supports operating budget development, forecasting processes, and long-range financial planning through analysis, modeling, reporting, and validation of key assumptions.
9. Administers financial aspects of grants and externally funded programs, including budget monitoring, reporting, reimbursement requests, compliance tracking, reconciliations, and audit support.
10. Reconciles and validates financial and operational data across multiple systems to ensure accuracy, consistency, and integrity of organizational reporting.
11. Maintains and enhances reporting tools, dashboards, and analytical models while documenting methodologies, assumptions, and reporting processes.
12. Identifies and implements process improvements, automation opportunities, and reporting efficiencies to improve data quality, reporting timeliness, and decision support.
13. Collaborates with cross-functional stakeholders to ensure accurate financial reporting, regulatory compliance, and achievement of organizational objectives. Why SOMC? You Care for Our Patients, We Care for You At Southern Ohio Medical Center, our mission is to make a difference in the community we serve. We're committed to delivering exceptional care and that starts with our team members. When you join SOMC, you're not just starting a job. You're joining a mission.

Compensation

& Benefits Competitive pay with quarterly market analysis Performance-based annual increase and bonus eligibility Up to 4% employer contributions to retirement plans (403(b) and Cash Balance Pension) Comprehensive medical, dental, and vision coverage* Medical and dependent care flexible spending accounts* Earned Wage Access - get paid before payday Paid Time Off bank with 3 annual sick days Life insurance and disability coverage* Tuition and certification assistance Club LC - discounted/free gym membership Employee discount and payroll deduct programs And many other benefit offerings!

*Available only to Full-Time and/or Part-Time Employees Compensation & benefit eligibility is determined by employment status, position type, and hours worked. Offerings are subject to change and governed by SOMC's current plan documents and policies. Specific details will be reviewed upon hire as part of the onboarding process.

Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions of the position in accordance with applicable law. A full job description is available upon request. Thank you for your interest in Southern Ohio Medical Center. Once you have applied, the most updated information on the status of your application can be found by visiting the candidate Home section of this site.

Please view your submitted applications by logging in and reviewing your status Southern Ohio Medical Center is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, ancestry, color, disability, ethnicity, gender identity, or expression, genetic information, military status, national origin, race, religion, sex, gender, sexual orientation, pregnancy, protected veteran status or any other basis under the law.