Financial Operations Analyst Senior

WellSpan Health

MD

JOB DETAILS
SKILLS
Acute Care, Ad Hoc Financial Modeling, Budget Reporting, Business Operations, Business Performance Management, Capital Budgeting, Communication Skills, Compensation and Benefits, Continuous Improvement, Corporate Finance, Customer Support/Service, Data Analysis, Data Quality, Documentation Standards, Federal Laws and Regulations, Financial Analysis, Financial Management, Financial Metrics, Financial Operations, Financial Services, Healthcare, Leadership, Maintain Compliance, Materials Analysis, Operational Support, Operations Management, Performance Analysis, Performance Metrics, Process Improvement, Product/Service Launch, Profit & Loss, Standards Development, State Laws and Regulations, Support Documentation, Team Player
LOCATION
MD
POSTED
3 days ago

Duties and Responsibilities

Essential Functions:

  • Provides financial insight 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.
  • Collaborates with Operations Leadership in developing and monitoring relevant financial performance metrics and financial data to determine profitability and identify areas for improvement.
  • 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. Participates in Financial and Operational Meetings.
  • Works on process improvement initiatives, as appropriate.

Common Expectations:

  • Serves as financial liaison with operations staff.
  • Develops and prepares capital and operating budgets for areas of oversight.
  • Ensures compliance with all applicable federal and state regulations.
  • Collaborates within the department/service line/entity, with other departments/service lines/entities, and with the System's primary functions.
  • 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.
  • Enhances professional growth and development through participation in educational programs, current literature inservice meetings, and workshops.
  • Leverages knowledge of finance and healthcare operations data.
  • Validates data for reasonableness.
  • Provides outstanding service to all customers; fosters teamwork; and practices fiscal responsibility through improvement and innovation.

About the Company

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WellSpan Health