University of Maryland Medical System

Decision Support Analyst II

Healthcare
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Accounting, or related field required; equivalent experience may substitute education
  • Minimum three years of financial planning, analysis, budgeting, managed care, or accounting experience
  • Preferred background in healthcare finance
  • Familiarity with Decision Support applications, specifically the Pathways Decision Support Product
  • Proficient in financial software and GAAP principles

Responsibilities

  • Support department staff with daily operations in line with UMMS policies
  • Independently prepare reports and special projects using financial systems as directed by management
  • Conduct cost accounting analysis and budgeting analysis for financial planning
  • Provide technical support for clinical resource management and financial analysis
  • Assist in executing decision support projects with clinical and administrative personnel

Benefits

  • Access to a comprehensive benefits package as detailed in the UMMS Benefits Guide
  • Opportunities for professional development and continuing education
  • Potential for involvement in innovative finance projects within healthcare
  • Supportive work environment emphasizing communication with senior management
  • Possibility of contributing to meaningful financial decision-making impacting patient care
Full Job Description
Job Requirements

Job Description

General Summary

Under limited supervision, performs financial and clinical decision support services. Researches, design, negotiates and executes financial decision support projects with clinical and administrative staff. Utilizes the decision support system (PDS), independently prepares various reports, surveys and special projects as requested by management in accordance with departmental procedures. Operations include: Budgeting, Cost Accounting, Clinical Resource Management, System Operations, and Financial Business Planning.

Principal Responsibilities and Tasks

The following statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all job duties performed by personnel so classified.
  1. Provides support to department staff in the day to day operations of the Department and in accordance with UMMS policies and procedures.
  2. Utilizing the decision support and financial systems, independently prepares various reports, surveys and special projects as requested by management in accordance with departmental procedures.
  3. Provide analytical and technical support regarding cost accounting analysis, budgeting analysis, clinical utilization analysis and financial planning analysis.


Work Experience

Education and Experience
  1. Bachelor's degree in Finance, Accounting or a related field is required. Experience in Decision Support may be substituted for education.
  2. Three years progressively responsible financial planning, financial analysis, budgeting, managed care or accounting experience is required.
  3. Healthcare-related finance background is preferred.

Knowledge, Skills and Abilities
  1. Working knowledge of at least one Decision Support application (i.e., budgeting, cost accounting, clinical resource management) of the Pathways Decision Support Product.
  2. Working knowledge of financial software, financial analysis and generally accepted accounting principles (GAAP)
  3. Ability to judge the level of confidentiality of information / activities involved in and exhibit integrity in use of dissemination of such information.
  4. Ability to communicate regularly with various UMMS departments and senior management to provide analytical and technical support regarding cost accounting analysis, budgeting analysis, clinical utilization analysis, financial planning analysis, and managed care.
  5. Proficient knowledge of spreadsheets (i.e., Lotus, Microsoft Excel), databases (i.e., DBASE, Microsoft Access), word processing programs (i.e., Microsoft Word), graphic/specialty and other finance-related software programs.
  6. Highly effective verbal and written communication skills are necessary in dealing with a variety of healthcare and finance professionals including senior management staff.
  7. Ability to develop and evaluate complex financial data via use of computer analysis.
  8. Excellent organization and problem-solving skills and team leadership skills are required to develop and implement efficient work processes. Ability to work in a stressful environment.
  9. Ability to work effectively in a matrix work environment.

Compensation
  • Pay Range: $33.4-$50.13
  • Other Compensation (if applicable):

Review the 2024-2025 UMMS Benefits Guide

About University of Maryland Medical System

The University of Maryland Medical System (UMMS) is a university-based regional health care system focused on serving the health care needs of Maryland. It is headquartered in Baltimore, Maryland, USA. It is a private, not-for-profit organization that operates 13 hospitals and has more than 28,000 employees. The University of Maryland Medical System was created in 1984 when the state-owned University Hospital became a private, nonprofit organization. It has academic affiliations with the University of Maryland School of Medicine and the University of Maryland, Baltimore County. The system is governed by a Board of Directors, which is responsible for the system's strategic direction and oversight. The University of Maryland Medical System is committed to providing high-quality, cost-effective health care services to the people of Maryland.
Learn more about University of Maryland Medical System
Size
28,000 employees
Industry
Founded
1984
5 Year Trend
+2%
Revenue
$4.4 billion
NASDAQ

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