Financial Operations Analyst Lead

General Summary

Performs a wide variety of fiscal analysis and business counseling services working collaboratively with assigned Operations/Service Line leaders. Creates a partnership with the clinical operations by creating value through their expert counsel which includes, but is not limited to, general financial analysis, planning, budgeting, performance improvement, new business or service development feasibility analysis and development of other fiscal management processes to support operations leadership with management of their departments' fiscal performance. Ensures the overall continued financial success of the System in the continuous pursuit of the fulfillment of its Mission.

Duties and Responsibilities

Essential Functions:

• Oversees and provides financial guidance in support of the business operations and performance management for the Service Lines and Medical Group practices and/or Acute Care Operations assigned to the position with minimal supervision.
• Analyzes key financial metrics and KPIs to identify trends, assess performance and provide actionable insight for Operations Leadership.
• Provides financial guidance and support and collaborates with Operations Leadership in managing the revenue and expense functions within their areas of responsibility. Works with other corporate financial service departments and staff to assist with data analysis, reporting, budgeting and in-depth analysis of material financial performance variances.
• Develops understanding of Provider Compensation program in partnership with the Compensation team. Uses that knowledge to support Directors of Operations to be effective in their communication with Providers and management of their pay practices. Expectation is that Operations accurately compensates providers in compliance with policies.
• Collaborates with other department managers in supporting the operations of the Service Lines and Medical Group practices and/or Acute Care Operations. This includes leading Financial and Operational Meetings.
• Serves as a mentor to team members on the Operations Finance Team.
• Works with other team members on financial projects or process improvement initiatives for the organization, as appropriate.

Common Expectations:

• Provides financial orientation, training and education of both operations and finance department staff.
• Develops, prepares and presents capital and operating budgets for areas of oversight.
• Ensures compliance with all applicable federal and state regulations.
• Coordinates and integrates services within the department/service line/entity, with other departments/service lines/entities, and with the System's primary functions. Participates in the selection of outside services (if needed).
• Continuously assesses and improves work processes and develops standard work documentation. Supports effective roll out of that work and ensures compliance.
• Provides ad-hoc financial analysis and reports to Management as requested.
• Provides outstanding service to all customers; fosters teamwork; and practices fiscal responsibility through improvement and innovation.

Qualifications

Minimum Education:

• Bachelors Degree in Accounting or Finance Required
• Masters Degree Preferred

Work Experience:

• 4 years Required

Licenses:

• Certified Public Accountant Upon Hire Preferred

Courses and Training:

• CMA Certification Upon Hire Preferred

Knowledge, Skills, and Abilities:

• Minimum Field of Expertise: Healthcare or business administration; Medical Group Practice knowledge preferred
• Excellent communication, interpersonal, and computer skills
• Able to accept responsibility
• Able to work well in a team environment as a member and/or leader
• Thorough knowledge of relevant specialty areas
• Analytical and logical approach to solving problems
• Has knowledge of the various reimbursement methodologies across all continuums of healthcare

Benefits Offered:
Comprehensive health benefits
Flexible spending and health savings accounts
Retirement savings plan
Paid time off (PTO)
Short-term disability
Education assistance
Financial education and support, including DailyPay
Wellness and Wellbeing programs
Caregiver support via Wellthy
Childcare referral service via Wellthy