Started By
Message

Financial Analyst Position- Healthcare

Posted on 8/24/15 at 3:56 pm
Posted by Jabstep
Member since Jul 2014
2130 posts
Posted on 8/24/15 at 3:56 pm
Does any of the CPAs on this board have experience as a financial analyst? I'm considering applying for a job as a financial analyst with a large healthcare provider and was curious to see what everyone's thoughts were. Some of the responsibilities are:

Providing reports to ensure profitability
Responsible for reporting of statistical information
Other pretty basic stuff.

TIA
This post was edited on 8/24/15 at 7:56 pm
Posted by Serraneaux
South of 30a
Member since Mar 2014
19592 posts
Posted on 8/24/15 at 4:02 pm to
You could literally be doing anything. I was a financial analyst in the IT division of a large hospital network. I tracked capital expenses and hours vs. project budget and approved/assigned invoices as capital or operating and tracked all expenses. The division was a complete mess and was acquiring hospitals left and right that either needed new IT or needed to get their system on ours. It was pretty straightforward and easy after you got to know all the cost centers and coding. I worked directly with a Senior Manager who didn't know excel that well so anything I did was GOAT.
Posted by Jabstep
Member since Jul 2014
2130 posts
Posted on 8/24/15 at 4:04 pm to
You enjoy it vs public accounting? What were the hours like?
Posted by Serraneaux
South of 30a
Member since Mar 2014
19592 posts
Posted on 8/24/15 at 4:46 pm to
Hours were 8-5 or 7-4 for the most part. More hours around budget time for about 3-4 weeks per year and then as needed in case something came up. (Nothing ever came up). This was for a publicly traded company. I worked for another publicly traded company in corporate accounting and the hours were similar to cpa firm busy season hours basically year round. That one was awful. I liked it as a financial analyst but just hated the grind of busy season. If I had an equity position in a firm I am sure I could get through busy seasons better.
This post was edited on 8/24/15 at 4:48 pm
Posted by lsupride87
Member since Dec 2007
94842 posts
Posted on 8/24/15 at 4:52 pm to
I am in Healthcare as a CPA. Take the job. So much movement to be had
This post was edited on 8/24/15 at 4:53 pm
Posted by Jabstep
Member since Jul 2014
2130 posts
Posted on 8/24/15 at 4:52 pm to
Appreciate the information. It would be nice to get away from busy season and some of the audit clients I currently deal with. It would also be nice to get away from the strictly debit and credit side of accounting for a while too.

It's hard making decisions on such limited info. The whole appeal to getting out of public is no more tax seasons.
Posted by Jabstep
Member since Jul 2014
2130 posts
Posted on 8/24/15 at 4:55 pm to
This is exactly what I'm thinking. Things are moving fast and it creates opportunity.

What's your role?
Posted by lsupride87
Member since Dec 2007
94842 posts
Posted on 8/24/15 at 5:29 pm to
I'm in the internal audit department. It is just amazing though how much they need Cpa throughout our entire company
Posted by Jabstep
Member since Jul 2014
2130 posts
Posted on 8/24/15 at 5:48 pm to
The pay is good and the hours are reasonable?
Posted by lsupride87
Member since Dec 2007
94842 posts
Posted on 8/24/15 at 9:21 pm to
Pay is very respectable and the hours are very ligjt compres to what you are used to. The biggest selling point is the amounts of internal movement available. There is always somethimg opening up where you have the potential to move into. And I am talking about non accounting related positions that could lead to big pay down the road
Posted by mikelbr
Baton Rouge
Member since Apr 2008
47461 posts
Posted on 8/24/15 at 9:39 pm to
You motherfrickers are an IT DBA analyst's least favorite internal customer.
Posted by Jabstep
Member since Jul 2014
2130 posts
Posted on 8/25/15 at 6:34 am to
quote:

And I am talking about non accounting related positions that could lead to big pay down the road




This is what I'm looking for. Thanks for the info!
Posted by JOHNN
Prairieville
Member since Nov 2008
4360 posts
Posted on 8/25/15 at 6:46 am to
My wife just left this exact position.
This post was edited on 8/25/15 at 7:03 pm
Posted by Toula
504
Member since Dec 2006
35399 posts
Posted on 8/25/15 at 7:10 am to
quote:

The biggest selling point is the amounts of internal movement available. There is always somethimg opening up where you have the potential to move into. And I am talking about non accounting related positions that could lead to big pay down the road


Best advice in this thread.
Posted by Jabstep
Member since Jul 2014
2130 posts
Posted on 8/25/15 at 7:22 am to
For al I know, this was her position. What did she dislike about it?
Posted by The Spleen
Member since Dec 2010
38865 posts
Posted on 8/25/15 at 8:01 am to
quote:

It's hard making decisions on such limited info



Send your resume and hope for an interview. Interview them about the position as much as they interview you. Nothing ventured, nothing gained. Accounting in the healthcare field is booming right now, and for the foreseeable future, thanks to the ACA.
Posted by JOHNN
Prairieville
Member since Nov 2008
4360 posts
Posted on 8/25/15 at 6:25 pm to
It wasnt that she disliked anything in particular. I know she liked the company alot and the people she worked with. She was recruited for a position that just seemed like one of those "cant pass up" opportunities. I know one thing, there are def alot of opportunities to move up if it happens to be the same company she was with.
This post was edited on 8/25/15 at 7:35 pm
Posted by Jabstep
Member since Jul 2014
2130 posts
Posted on 8/25/15 at 6:35 pm to
I appreciate the information man! I heard from the recruiter today and will have a phone interview shortly. We will see how it goes. Is there anything else I should know before going into it?
Posted by JOHNN
Prairieville
Member since Nov 2008
4360 posts
Posted on 8/25/15 at 7:39 pm to
Good luck with it.
Posted by Boomshockalocka
Member since Feb 2004
59689 posts
Posted on 8/26/15 at 8:03 am to
It really depends on the company, there are a couple companies I'd definitely avoid in the New Orleans area who have offices where Causeway Blvd meets the lake.
first pageprev pagePage 1 of 2Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram