Job Title: Financial Analyst
Type of Company: My employer owns and manages nursing homes and assisted living facilities.
Education: BS, Mathematics, University of New Hampshire MBA, New Hampshire College (now Southern New Hampshire University)
Previous Experience: I worked in customer service for a health insurance company before switching to staff accountant for nursing home company.
Job Tasks: I help prepare budgets each year for nursing homes and assisted living facilities. I review their operating statements and suggest ways they could tighten and improve their operations. I support our regional vice-presidents of operations by analyzing data and producing reports for them that help them operate the nursing homes more efficiently and profitably. We also run projections on projects we are contemplating. If a nursing home wants to build an addition with more beds, for example, we try to judge whether the return on investment is sufficient to justify the expense. I meet with staff of troubled nursing homes and try to help them analyze their financial reports and see where they are spending too much money.
Best and Worst Parts of the Job: A lot of multi-tasking is required for this work. Different people need different things from me and often their timing overlaps and I have to decide what to do first. (Hint: it's usually what my boss wants!) It's a lot of work; I could work 80 hours a week, in fact, although I try to keep it down to 45-50.
The best part of the job is I feel like I make a difference in the lives of the people we care for by making the company run more efficiently. Then there is more time to focus on patient care.
1. Pay close attention in those accounting and business classes!
2. Communication skills are important. I interact with nursing home administrators, directors of nursing, vice presidents and even the regional president. Professionalism at all times is essential.
3. It's good to build strong relationships at every job you have because in the future you might need help or advice from your past contacts.
Additional Thoughts: The healthcare business is a good business to work in. There will always be sick people.
These schools offer particularly quick info upon request, and we have written detailed profiles for each (click school names to see the profiles).
Request info from multiple schools, by clicking the Request Info links.
Study online with University of Maryland at College Park.
Johns Hopkins University Carey Business School has brought the philosophy of business with humanity in mind to a part time format.
Welcome to Argosy University
Argosy University offers doctoral, master's, and bachelor's degree programs to students through its eight colleges: College of Behavioral Sciences, Graduate School of Business and Management, College of Education, College of Health Sciences, College of Arts and Sciences, College of Creative Arts and Design, College of Clinical Psychology and Western State College of Law at Argosy University as well as certificate programs in many areas.
Baker College is proud to be the largest independent college in Michigan with the most focused approach to education and training available. With one of the highest graduate employment rates in the country, our mission is to help our students find meaningful employment.
For over 35 years, Keiser University has provided student-centered, quality career education. Keiser University Online offers degree programs online to prepare students for in-demand professions.
Earn your graduate degree online with Northcentral University.
Liberty University provides a world-class education with a solid Christian foundation, equipping men and women with the values, knowledge, and skills essential for success in every aspect of life.
Since 1901, Golden Gate University (GGU) has been helping adults achieve their professional goals by providing education in accounting, law, taxation, and business-related areas.
Lower Tuition Cost Than Many Other Universities. Classes Start Soon.
Founded in 1872, Maryville University is a four-year, private university located in west St. Louis County.
The inside stories from people actually working in the field.
Click a story title to show the story, and click the title again to hide it.
Career Stories are concise, real-world career overviews written by people relating their personal career experiences and wisdom. They provide invaluable insights and mentoring advice to students and career changers.
Most stories include:
Please also see our detailed information about Financial Analysts, including: