Senior Analyst, Financial Planning & Analysis

Employment Type:
Full timeShift:

Description:
Analyst, Financial Planning & Analysis is responsible for creation and production of timely and accurate performance analytics across multiple segments and for various levels of the organization, supporting financial planning and forecasting processes, developing insightful modeling/decision support data, identifying financial trends and opportunities, monitoring variances and root causes, and recommending appropriate improvement actions.Job Summary

The Senior Analyst, Financial Planning & Analysis is responsible for leading a broad array of analytical, consultative, and financial management functions across multiple business processes, organizational segments and consolidation points. This role leverages data, reporting tools, and financial models to identify trends, analyze variances, uncover opportunities, and provide actionable insights to leadership. Responsibilities include timely and accurate financial planning and forecasting, administration of workforce analytic systems, proforma/scenario modeling, identifying and managing financial trends and opportunities along with driving improvement in partnership with operational and financial leadership.

Key Qualifications:

• Experience with database management and SQL Server.
• Proficiency in Tableau, Business Objects, or similar BI/reporting tools.
• Strong analytical, data visualization, and financial modeling skills.
• Ability to manage large datasets and translate complex data into business insights.
• Experience automating reporting and improving data-driven decision processes.
• Experience with Workday, UKG, Oracle Planning/Capital and/or Freeform also a plus.

Job Qualifications (Knowledge, Skills, and Abilities)
• Education: Bachelors degree in Accounting or Finance required; MBA, MHA or other advanced preparation preferred.
• Licensure / Certification: CPA, CMA or equivalent certification preferred
• Experience: Minimum five years progressively challenging experience in accounting or finance; experience in financial systems/databases and healthcare preferred.
• Effective Communication Skills
• Expert level analytical and problem solving skills, with a strong understanding of accounting standards, cost accounting, general ledger, budgeting, and analytical practices.
• Strong proficiency in MS Office applications (with advanced capabilities in Excel and Powerpoint) and with various analytical and reporting tools (Smartview/Freeform, OAC, Tableau, Sharepoint, Business Objects, etc.). Experience creating reports, databases queries, and dashboards preferred.
• Expertise with project management and proven success at managing large-scale projects through to completion.
• Demonstrates ability to interpret financial and statistical results, determine analytical needs, research trends and variances, determine root causes, communicate insights/recommendations and manage performance improvement action plans.
• Advanced ability to interpret complex issues and processes, escalates issues appropriately, extrapolates knowledge to a broad range of interconnected activities.
• Detailed oriented and highly organized, with excellent data management and presentation skills.
• Able to translate technical financial terminology into terms understandable to leadership, colleagues, and external customers.
• Proficient at prioritizing effectively in a diverse, fast paced environment while working on multiple projects simultaneously.
• Capable of working independently with a high level of motivation and initiative, ensures that work is completed on time and accurately with limited direction while keeping leadership informed of issues. Understands priorities, creates/manages deadlines.
• Able to train analysts, provide guidance, review work product, and provide timely feedback.
• Demonstrates high level of trust and integrity when dealing with confidential issues and data .

Essential Responsibilities
• Exhibits each of the Mount Carmel Service Excellence Behavior Standards holding self and others accountable and role modeling excellence for all to see. For example: demonstrates friendliness and courtesy, effective communication creates a professional environment and provides first class service.
• Meets population specific and all other competencies according to department requirements.
• Promotes a Culture of Safety by adhering to policy, procedures and plans that are in place to prevent workplace injury, violence or adverse outcome to associates and patients.
• Relationship-based Care: Creates a caring and healing environment that keeps the patient and family at the center of care throughout their experience at Mount Carmel following the principles of our interdisciplinary care delivery system.
• (For patient care providers) Provides nursing care, ensures an environment of patient safety, promotes evidence-based practice and quality initiatives and exhibits professionalism in nursing practice within the model of the ANCC Magnet Recognition Program®.
• Leads key segments of financial planning and analytical functions, including annual financial plan, month end reporting and forecasting processes, capital planning/tracking, ad-hoc analytical reporting, financial, executive, and TH partner reporting, appropriate user support and data management. Specific accountabilities will vary based on business need, and will include combination of business units, financial line items, standard reports and processes.
• Responsible for gathering, interpreting, evaluating financial information and trends, drives financial planning and performance management in partnership with finance and operational leaders.
• Understands deliverable timelines, sets preparation schedule/workplan, coordinates with partners to ensure that quality work products are completed on time; raises issues and communicates updates, able to re-prioritize appropriately. Performs data reconciliations/self-audits work products to verify accuracy and functionality and develops processes to rectify any deficiencies.
• Possesses strong working knowledge of Mount Carmel Health System operations, clinical functions, volume, charges/revenue, and expense drivers; correlates these activities to financial and statistical results across various timeframes (month, year-to-date, etc.).
• Provides proactive analysis aimed at improving financial performance throughout the healthcare system by anticipating future trends, threats, and opportunities affecting financial results of the organization.
• Leads expansion and enhancement of internal reporting, leveraging knowledge of associated source systems to create reports and tools with a focus on bottom-line performance. Ensures consistent data definitions, accuracy and efficiency.
• Performs appropriate request intake steps to fully understand stakeholder needs, likely information sources, timelines and presentation requirements. Coordinates with cross-functional partners to ensure quality and completeness of end product; understands related reporting/data sources and uses available tools/content efficiently.
• Demonstrates exceptional curiosity, raises informed questions, provides constructive feedback.
• Identifies and implements creative, insightful improvements to processes, workflow, and data; creates and leads continuous improvement projects and problem solving activities. Sets goals, develops and implements strategies to meet objectives.
• Maintains accurate and current documentation of all assigned processes and any related policies and procedures; reviews documentation, provides feedback, and coordinates cross-training on key processes.
• Establishes and maintains positive relationships with leaders from Mount Carmel Health System, Trinity Health and related entities and exhibits the ability to maintain confidentiality when required.

Other Job Responsibilities
• Provides finance education for operational leaders and other stakeholders, leads evaluation of financial scenarios and department performance, provides expert guidance with financial tools and data sources.
• Maintains expert-level knowledge of planning, reporting, and source systems, serves as subject matter expert and/or project manager in a variety of projects.
• Participates in and fosters a continuous improvement approach that includes both intradepartmental and interdepartmental activities
• Responsible for compliance with Organizational Integrity through raising questions and promptly reporting actual or potential wrongdoing.
• All other duties as assigned