Day-to-day support for non-standard reports, analyses, and insights for business partners. Provide forward-looking reporting and proactive analysis (including cost accounting). Perform ad hoc analysis for divisional leadership or business partners. Support, training and capability building on analytic techniques for the broader organization.
The analyst will be responsible for all functions related to University Medical Center. This includes the explanation of variances and assisting the budget team with the annual budget.
General- Provides day-to-day decision and analytic support for Division and uses financial and data analysis expertise to support various financial and clinical projects (Service line, Physician, capital, etc.) as requested by management and/or external sources - Creates and oversees standard (Division focused) reports- Provides revenue analysis to administration and department directors as requested- Assists users, enhancing their understanding and use of decision support information- Develops educational opportunities with all levels of management to promote and develop the integration of all data source systems with the financial system- performs analytics including productivity from Action O/I and Vizient
Systems and data- Responsible for the development, implementation education, promotion and maintenance of the Decision Support System and data integrity across the Division - Proposes strategies to improve data quality through data validation; understands variations between source systems and data inconsistencies- Budget (variance, tracking and #s into system)
Cost accounting Preparation- Prepares RVUs collection workbooks- Conducts RVU collector (study) meetings with each department lead at least 1x a year- Analyze and review of resulting Cost by item by Category.
Requirements: Approximately 2-4 years of healthcare experience plus Bachelor's degree in business related field with emphasis in Math/Statistics or Accounting/Finance and/or Info System. Working knowledge of computers, databases, data analysis techniques and report writing applications. Advanced skills in Microsoft apps. Strong familiarity with financial data systems such as EPSi, Hyperion, etc. Strong analytic skill set and ability to work with mathematical concepts such as probability and statistical inference. Superior problem solver - ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret and extensive variety of technical instructions in mathematical or diagram form or deal with several abstract and concrete variables. Advanced interpersonal skills. Ability to provide accurate information on a consistent basis.
The following traits are important for the financial analyst: a) be able to project a positive attitude; b) work with minimum supervision using independent judgment and problem-solving skills; c) be well organized with the ability to multi-task; d) be results oriented; e) possess good communication skills; f) be detail oriented; g) have the ability to grasp new concepts quickly, h) must exhibit high level of integrity and ethical standards
Working Relationships: The financial analyst is responsible to the Manager FP&A. Is in daily contact with co-workers, managers, and directors. May have contact with physicians, vendors, auditors, attorneys, and representatives of licensing/regulatory agencies.
Physical Requirements and Environmental Conditions: On occasion must be able to unexpectedly work past normal hours or on the weekend. Employee is frequently required to stand, walk and sit for long periods of time. The employee is often required to lift and/or move up to ten pounds. Specific vision requirements include close vision. Must also be able to walk, stand extensively, bend, stoop, squat, visually discriminate close objects, hear and distinguish normal sounds.