Senior Financial Analyst
Washington, District of Columbia
Employer: Medstar
Industry: Administrative & Professionals
Salary: Competitive
Job type: Full-Time
General Summary of Position
Plans and performs analysis of hospital operations to perform detailed studies in areas of hospital revenue, expenses, statistics, product lines and services. This position reports to the Budget Manager and works closely with the AVP Finance.
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Primary Duties and Responsibilities
Plans and performs analysis of hospital operations and service lines; develops verbal, written, and graphic presentations required to effectively communicate findings and recommendation concerning staffing, organization, equipment, facilities, data systems, volume, revenue, and operating expenses. Identifies potential project in specific areas, determines objectives and scope of projects, and develops plans to implement projects. Designs mechanism for collection of data regarding such topics as workload, financial performance, etc. Interacts with department management and staff to become familiar with department and clinical operations. Determines the kind of data to be collected and identifies the resources necessary with which to effectively collect the data. Interpret and explain complex data to management and other key stakeholders to make sure they understand how to make use of the data collected. Identifies data to be collected and using techniques such as data base analysis, collects required information. Conducts operational and financial analysis of department or areas through interaction with department personnel. Works with department management to develop implementation plans and coordinates changes in department to streamline and improve departmental use of financial and data systems. Develops work plan and identifies time requirements and schedule for project completion. Prepares scheduled and unscheduled reports for all current projects. Supervises department staff in multi-person projects, to include editing materials prepared by staff members prior to distribution. Organizes and documents findings and prepares recommendations for implementation of new systems, procedures, and changes; discussing and securing approval from management. Assists management with implementation of activities to ensure smooth functioning of newly implemented systems or procedures. May install new systems and train personnel in application of same. Prepares reports indicating pertinent information to management for use in policy formulation, budgeting, business plans, forecasting, long range planning, and the like. Provides technical liaison services to management, other organizations and vendors, Assists in the training and development of other financial and operational staff.
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Minimum Qualifications
Education
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Experience
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Knowledge, Skills, and Abilities
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Why MedStar Health?
At MedStar Health, we understand that our ability to treat others well begins with how we treat each other. We work hard to foster an inclusive and positive environment where our associates feel valued, connected, and empowered. We live up to this promise through:
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About MedStar Health
MedStar Health is dedicated to providing the highest quality care for people in Maryland and the Washington, D.C., region, while advancing the practice of medicine through education, innovation, and research. Our team of 32,000 includes physicians, nurses, residents, fellows, and many other clinical and non-clinical associates working in a variety of settings across our health system, including 10 hospitals and more than 300 community-based locations, the largest home health provider in the region, and highly respected institutes dedicated to research and innovation. As the medical education and clinical partner of Georgetown University for more than 20 years, MedStar Health is dedicated not only to teaching the next generation of doctors, but also to the continuing education, professional development, and personal fulfillment of our whole team. Together, we use the best of our minds and the best of our hearts to serve our patients, those who care for them, and our communities. It's how we treat people.
MedStar Health is an Equal Opportunity (EO) Employer and assures equal opportunity for all applicants and employees. We hire people to work in different locations, and we comply with the federal, state and local laws governing each of those locations. MedStar Health makes all decisions regarding employment, including for example, hiring, transfer, promotion, compensation, benefit eligibility, discipline, and discharge without regard to any protected status, including race, color, creed, religion, national origin, citizenship status, sex, age, disability, veteran status, marital status, sexual orientation, gender identity or expression, political affiliations, or any other characteristic protected by federal, state or local EO laws. If you receive an offer of employment, it is MedStar Health's policy to hire its employees on an at-will basis, which means you or MedStar Health may terminate this relationship at any time, for any reason.
Plans and performs analysis of hospital operations to perform detailed studies in areas of hospital revenue, expenses, statistics, product lines and services. This position reports to the Budget Manager and works closely with the AVP Finance.
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Primary Duties and Responsibilities
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Minimum Qualifications
Education
- Bachelor's degree Industrial or Management Engineering, Business Administration, Finance or Accounting required
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Experience
- 3-4 years of progressively more responsible including using data systems, as well as spreadsheet, work processing, and data base applications required
- Experience with Hyperion and Peoplesoft preferred
- Experience in collecting and analyzing healthcare data (cost accounting, budget, decision support, productivity, etc.), including financial and management analysis leading to quality improvement preferred
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Knowledge, Skills, and Abilities
- Strong knowledge of personal computer spreadsheets (Excel) and database management
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Why MedStar Health?
At MedStar Health, we understand that our ability to treat others well begins with how we treat each other. We work hard to foster an inclusive and positive environment where our associates feel valued, connected, and empowered. We live up to this promise through:
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- Strong emphasis on teamwork - our associates feel connected to each other and our mission as an organization. In return, our effective team environment generates positive patient outcomes and high associate satisfaction ratings that exceed the national benchmark. \r
- Strategic focus on equity, inclusion, & diversity - we are committed to equity for all people and communities. We continue to build a diverse and inclusive workplace where people feel a sense of belonging and the ability to contribute to equitable care delivery and improved community health outcomes at all levels of the organization. \r
- Comprehensive total rewards package - including competitive pay, generous paid time off, great health and wellness benefits, retirement savings, education assistance, and so much more. \r
- More career opportunities closer to home - as the largest healthcare provider in the Baltimore-Washington, D.C. region, there are countless opportunities to grow your career and fulfill your aspirations. \r
About MedStar Health
MedStar Health is dedicated to providing the highest quality care for people in Maryland and the Washington, D.C., region, while advancing the practice of medicine through education, innovation, and research. Our team of 32,000 includes physicians, nurses, residents, fellows, and many other clinical and non-clinical associates working in a variety of settings across our health system, including 10 hospitals and more than 300 community-based locations, the largest home health provider in the region, and highly respected institutes dedicated to research and innovation. As the medical education and clinical partner of Georgetown University for more than 20 years, MedStar Health is dedicated not only to teaching the next generation of doctors, but also to the continuing education, professional development, and personal fulfillment of our whole team. Together, we use the best of our minds and the best of our hearts to serve our patients, those who care for them, and our communities. It's how we treat people.
MedStar Health is an Equal Opportunity (EO) Employer and assures equal opportunity for all applicants and employees. We hire people to work in different locations, and we comply with the federal, state and local laws governing each of those locations. MedStar Health makes all decisions regarding employment, including for example, hiring, transfer, promotion, compensation, benefit eligibility, discipline, and discharge without regard to any protected status, including race, color, creed, religion, national origin, citizenship status, sex, age, disability, veteran status, marital status, sexual orientation, gender identity or expression, political affiliations, or any other characteristic protected by federal, state or local EO laws. If you receive an offer of employment, it is MedStar Health's policy to hire its employees on an at-will basis, which means you or MedStar Health may terminate this relationship at any time, for any reason.
Created: 2024-05-24
Reference: req26430
Country: United States
State: District of Columbia
City: Washington
ZIP: 20010
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