Financial Decision Support Analyst - Margin Optimization

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The primary focus of this position is to provide financial and statistical analyses to support organizational leaders across the WVU Medicine System in decision making. The role will compile financial and statistical data and create financial reports using techniques from various sources and systems to present financial reports as required by executive leadership and management.

MINIMUM QUALIFICATIONS:

EXPERIENCE, EDUCATION, CERTIFICATION, AND/OR LICENSURE:

1.Bachelor’s Degree in Business Administration, Accounting, Finance, Hospital Administration or related field AND Two (2) years of experience in financial analysis and reporting

OR

Master’s Degree in Business Administration, Accounting, Finance, Hospital Administration or related field

PREFERRED QUALIFICATIONS:

EXPERIENCE:

1.Experience in a healthcare industry with statistical metrics, population based proformas, forecasting, and budgeting

2.Experience with Workday, Epic, StrataJazz, and Tableau

3.Experience with financial analysis and reporting methods

CORE DUTIES AND RESPONSIBILITIES: The statements described here are intended to describe the general nature of work being performed by people assigned to this position. They are not intended to be constructed as an all-inclusive list of all responsibilities and duties. Other duties may be assigned.

1.Develops and runs financial reports that are required routinely on a daily, weekly, and monthly basis

2.Provide ad-hoc financial analysis and proforma support to assigned hospital executive and department leadership for Acute and Critical Access Hospitals

3.Prepare month end statistics for assigned Acute and Critical Access Hospitals for upload to GL System and answer any resulting questions from Leadership or Management

4.Prepare financial data reports and statistical reports for the forecasting process for assigned Acute and Critical Access Hospitals provide scenario analysis based on set of assumptions

5.Prepare statistical and gross revenue reports for the budgeting process for assigned Critical Access Hospitals, and provide financial analysis as needed to make budgetary decisions

6.Assists Hospital Leadership with evaluation of small capital or FTE investments by running base financials and creating projections on future state based on a set of assumptions

7.Serves as the expert on the stats and financials of assigned Acute and Critical Access Hospitals to provide optimal support to management in evaluating and making decisions

8.Provide quarterly signature line financial reporting and analysis for assigned signature line

9.Troubleshoot information systems issues within decision support platform to ensure the integrity of data at all times

10.Investigate systems utilized by the Financial Decision Support team, such as Strata, Epic Slicer Dicer, and Tableau to find relationships between data, and assist with continuous data optimization, and make recommendations accordingly

11.Understanding of healthcare industry knowledge, internal systems utilized, and staying abreast of all current information

12.Participates in meeting the objectives of the work unit and goals of the department

13.Promotes and contributes positively to the teamwork of the department by assisting co-workers, contributing ideas, and problem-solving with co-workers

14.Participates in performance improvement through planning and implementing change and maintaining and improving productivity through attendance and participation in staff meetings, committees, task forces, cross functional groups, projects and discussions with hospital management and staff

PHYSICAL REQUIREMENTS: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

1.Must be able to sit for extended periods of time.

WORKING ENVIRONMENT: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

1.Office environment.

2.Ability to work remotely.

SKILLS AND ABILITIES:

1.Ability to work with computer databases and spreadsheet software

2.Strong organization skills, attention to detail, and analytical aptitude

3.Ability to multi-task and work in a challenging deadline driven environment

4.Excellent written and verbal communication skills

5.Independent work and analytical thinker with the ability to conduct research, data analysis, and resolve issues.

Additional Job Description:

Scheduled Weekly Hours:

40

Shift:

Exempt/Non-Exempt:

United States of America (Exempt)

Company:

SYSTEM West Virginia University Health System

Cost Center:

675 SYSTEM Financial Planning & Analysis