Fairview Health Services

Senior Financial Analyst - Academic Funds Flow

Fairview Health Services$85K — $110K *
Healthcare
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Master's degree in Finance, Business Administration, or a closely related field with 3 years of academic healthcare experience, or a Bachelor's degree with 5 years of progressive experience.
  • Experience with multi-entity operations across hospitals, clinics, and academic partnerships.
  • Expertise in developing KPI frameworks and performance scorecards for clinical networks.
  • Proficient in developing analytical frameworks supporting expense allocations and compliance with funding programs.
  • Experience in executing complex reconciliation processes for federal programs.

Responsibilities

  • Prepare detailed expense analyses to guide financial decisions.
  • Develop operational improvement plans to enhance efficiency.
  • Anticipate and define reporting and data requirements for financial activities.
  • Forecast and plan operating expenses to align with strategic goals.
  • Monitor compliance with key labor and expense metrics across systems.
  • Design and support processes for ordering clinical services effectively.
  • Provide leadership support in utilizing financial systems and tools.

Benefits

  • Generous medical, dental, and vision plans available.
  • Comprehensive life, short-term, and long-term disability insurance.
  • Accrued PTO and Sick and Safe Time for work-life balance.
  • Tuition reimbursement to support continued education.
  • Retirement benefits to secure financial future.
Full Job Description
Job Overview

Duties include: prepare expense analyses, develop operational improvement plans, anticipate reporting and data requirements, forecast and plan operating expenses, support leadership on use of financial systems and tools, monitor system compliance of key labor and expense metrics, support design and development process to order clinical services. Primary worksite Fairview Health Services (601 25th Ave S, Minneapolis, MN 55454); occasional shifts at Fairview Health Services (1700 University Ave W, St Paul, MN 55104).

Job Requirements:

Requires a Master's degree in Finance, Business Administration, or closely related field and 3 years of experience in academic healthcare setting. Alternatively, a Bachelor's degree plus 5 years of progressive experience in an academic healthcare setting will qualify.

Experience must include:

  • Experience with multi-entity operations across hospitals, clinics and academic partnerships;


  • Development of enterprise KPI frameworks, performance scorecards and benchmarking systems for large clinical networks;


  • Development of analytical frameworks and reporting processes that support expense allocations, incentive payments and compliance with academic and federally funded programs;


  • Development of automated reporting systems and continuous improvement frameworks across large enterprise environments;


  • Expertise in provider performance and quality improvement metrics and analyses and financial risk management in academic medical center programs;


  • Reconcile invoices, accruals, allocations consistent with complex multi-entity agreements;


  • Execution of complex reconciliation processes used in federal programs (e.g. CMS MIPS/QPP);


  • Interpretation and application of contractual provisions governing academic funds flow and service schedules;


  • Consolidation and analysis of large clinical, operational and financial datasets to support enterprise reporting and decision-making;


  • Integration of multi-system financial data including Epic EHR, HIE sources, SAP Business Objects and operational databases;


  • Building of financial reporting systems using Tableau, Epic reporting tools, SQL-based dashboards and related business intelligence platforms.


Benefit Overview

Fairview offers a generous benefit package including but not limited to medical, dental, vision plans, life insurance, short-term and long-term disability insurance, PTO and Sick and Safe Time, tuition reimbursement, retirement, early access to earned wages, and more! Please follow this link foradditional information: https://www.fairview.org/careers/benefits/noncontract

Compensation Disclaimer

The posted pay range is for a 40-hour workweek (1.0 FTE). The actual rate of pay offered within this range may depend on several factors, such as FTE, skills, knowledge, relevant education, experience, and market conditions. Additionally, our organization values pay equity and considers the internal equity of our team when making any offer. Hiring at the maximum of the range is not typical. If your role is eligible for a sign-on bonus, the bonus program that is approved and in place at the time of offer, is what will be honored.

About Fairview Health Services

Fairview Health Services is a nonprofit health care system headquartered in Minneapolis, Minnesota. It operates 12 hospitals and more than 100 clinics throughout Minnesota and Wisconsin. The organization was founded in 1906 as the George H. Christian Memorial Hospital, named after a local businessman who donated the land for the hospital. Today, Fairview Health Services is one of the largest health care providers in the region, offering a wide range of medical services, including primary care, specialty care, and emergency care. The organization is committed to providing high-quality, patient-centered care, and is known for its innovative programs and services.
Learn more about Fairview Health Services
Size
34,000 employees
Industry

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