FINANCIAL ADMINISTRATOR - Scenario Planning

Summary

Position Highlights:

The Financial Administrator- Scenario Planning is responsible for critical cross-functional strategic projects and initiatives to provide financial modeling, financial metrics or data analysis. This position will expand on current financial models and build new financial models to meet strategic needs and targets to inform decision making. The individual will serve as a business partner with the requesting department(s) and work closely with impacted departments and support departments, ensuring completeness and accuracy of the financial modeling.

The Ideal Candidate

• Exceptional organizational skills with demonstrated competency of Microsoft Excel.
• Familiarity with accounting procedures.
• Strong quantitative, analytic and problem solving skills.
• Excellent communication and customer service skills and the ability to interact with management.
• Ability to react quickly to change.
• Create complex financial models with multiple variables and assumptions.
• Think independently and demonstrate appropriate professional maturity to substantiate and discuss opinions and interpretations.
• Demonstrate effective functional knowledge of departments he/she supports.
• Ability to make recommendations based on information available.
• Effectively communicate and maintain credibility with all levels within the organization.
• Effective presentation skills.
  
  

Responsibilities

Executive Reporting & Analytics

• Develops and maintains Institutional performance dashboards that report actual performance against predetermined financial, process and resource management goals.
• Fulfills complex report requests from leaders in the organization which requires problem solving and consulting skills.
• Superior analytical skills required to build and summarize a variety of simple and complex financial reports.
• Acts as a system analyst and develops new analyses, reports and dashboards to fulfill changing reporting needs.
• Performs monthly quality assurance reviews on data to ensure accuracy, identifies issues, and works with the necessary departments to resolve the data issues.
  
  

Departmental Support

• Prepares various financial modeling to develop a justification and associated proforma for the recruitment of faculty or staff when necessary.
• Develops new analyses and reports as requested by the Operational Leadership.
• Trains and educates the various end users on the reporting tools and works with IT to continue further development of dashboards or enhancements to existing reports.
• Calculates and reports productivity for customers.
• Interprets reports regarding financial performance, productivity and standards, and provides recommendations for areas of improvement.
• Produces monthly and annual complex ad-hoc requests and reports as
• requested by departments.
  
  

Forecasting & Budgeting

• Provides data, variance analysis, and consulting services for their assigned areas for the annual budget, quarterly forecast and monthly financials.
• Supports development of financial forecasts as it relates to assigned departments.
• Collaborates with operational leaders when evaluating opportunities to reduce costs or maximize revenues.
  
  

Credentials And Qualifications

• Bachelor's degree in Business, Accounting, Finance or a related field required.
• Seven (7) years' experience in financial analysis, healthcare finance, research finance or business administration.
• CPA required (will be tracked by the business); however, in lieu of CPA, a Master's degree in related field or an additional three (3) years of experience in research finance or health care financial analytics support roles, including healthcare financial analysis, decision support, planning and health care economics for a total of ten (10) may be considered.
  
  

Preferred

• Experience with planning, budgeting, productivity and forecasting systems.
• Experience in financial analysis in a healthcare setting with Practice Management, Physician productivity data, billing data and/or nursing staffing analysis.
• Experience with Laborlytics Productivity Management Software or similar system that uses analytics and productivity management to optimize labor resources and improves efficiency.