Summa Health

Senior Financial Analyst, Financial Planning

Summa Health$77K — $116K *
Akron, OH 44312In-Person
Healthcare
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Accounting, Finance or Operations Management required; MBA preferred
  • Four years of professional experience in healthcare financial analysis or consulting
  • Knowledge of acute care and integrated delivery systems
  • Proficiency in modeling, spreadsheets, and presentation techniques
  • Superior analytical and project management skills
  • Strong interpersonal skills to develop relationships across departments
  • Effective public speaking and presentation skills

Responsibilities

  • Lead the development of financial analyses to support System-wide growth and re-alignment initiatives
  • Prepare financial analyses and pro forma plans for Summa Health System and affiliates
  • Coordinate with internal teams to oversee and update profitability models and projections
  • Present financial performance measurements to management
  • Conduct departmental analysis and assess revenue and costs for business opportunities
  • Provide decision support on cost/benefit analysis and budget reviews
  • Oversee special project requests as assigned

Benefits

  • Comprehensive medical, dental, and vision coverage
  • Life insurance options including supplemental and dependent coverage
  • Short-term and long-term disability benefits
  • Accident insurance and critical illness coverage
  • Retirement savings plan with company contributions
  • Flexible spending accounts for healthcare and dependent care
  • Employee assistance program for personal and professional support
  • Identity theft protection services
  • Pet insurance options for employees
  • Educational assistance for continuing education and professional development
  • Daily pay option for added financial flexibility
Full Job Description
Senior Financial Analyst, Financial Planning

Full-time / Benefits Eligible / Hybrid Schedule

Location: 1077 Gorge Blvd, Akron, OH 44310

Summary:
Assumes lead responsibilities in developing financial analyses and analytics to assess and support System-wide growth and re-alignment initiatives including Service Lines, Institutes, Business Development Council and Performance Innovation. Prepares financial analysis and pro forma plans as requests for: Summa Health System, Summa Health System-owned Hospitals, System Ventures, and affiliates. Coordinates with SHN/SIC/SummaCare; Oversees, develops and updates profitability and performance models and projections. Prepares and presents financial performance measurements and projections to all levels of management. Responsibilities include departmental analysis, profitability and performance projections, and revenue and cost assessment for existing and proposed business opportunities. Provides decision support to operating and senior management, including: cost/benefit analysis (ROI, NPV & IRR); operational, organizational, and staffing analysis; and budget and forecast reviews. Coordinates and oversees special project requests.

Minimum Qualifications:

1. Formal Education Required:
a. Bachelor's Degree in Accounting, Finance or Operations Management
b. Master's Degree in Business Administration preferred

2. Experience & Training Required:
a. Four (4) years related professional and business experience in a technical/financial healthcare analysis or consulting position

3. Other Skills, Competencies and Qualifications:
a. Knowledge of acute case and integrated delivery systems
b. Expertise in current modeling, spreadsheet and presentation techniques and applications
c. Superior analytical skills and abilities; requisite project management and interpersonal skills
d. Ability to develop and maintain relationships with medical, operational and financial departments
e. Public speaking and presentation skills; ability to communicate and present financial and operational analysis concepts to management and staff
f. Ability to work independently within management guidelines
g. Ability to maintain confidentiality based on access to proprietary financial, operational and competitive information
h. Assume personal accountability for the preparation and completion of projects and analysis
i. Ability to effectively interact with populations of patients/customers with an understanding of their needs for self-respect and dignity

4. Level of Physical Demands:
a. Sedentary: Exerts up to ten pounds of force occasionally and/or a negligible amount of force frequently.

$37.40/hr - $56.11/hr
The salary range on this job posting/advertising is base salary exclusive of any bonuses or differentials. Many factors, such as years of relevant experience and geographical location are considered when determining the starting rate of pay. We believe in the importance of pay equity and consider internal equity of our current team members when determining offers. Please keep in mind that the range that is listed is the full base salary range. Hiring at the maximum of the range would not be typical.

Summa Health offers a competitive and comprehensive benefits program to include medical, dental, vision, life, paid time off as well as many other benefits.

  • Basic Life and Accidental Death & Dismemberment (AD&D)
  • Supplemental Life and AD&D
  • Dependent Life Insurance
  • Short-Term and Long-Term Disability
  • Accident Insurance, Hospital Indemnity, and Critical Illness
  • Retirement Savings Plan
  • Flexible Spending Accounts - Healthcare and Dependent Care
  • Employee Assistance Program (EAP)
  • Identity Theft Protection
  • Pet Insurance
  • Education Assistance
  • Daily Pay

About Summa Health

Summa Health is a non-profit healthcare system based in Akron, Ohio. The system was founded in 1989 and has since grown to become one of the largest healthcare providers in the region. Summa Health operates several hospitals, outpatient centers, and other healthcare facilities throughout Northeast Ohio. The system provides a wide range of services, including primary care, specialty care, and emergency care. Summa Health is committed to providing high-quality, patient-centered care and has received numerous awards and recognitions for its clinical excellence and patient satisfaction.
Learn more about Summa Health
Size
7,000 employees
Industry
Founded
1989

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