Senior Financial Analyst

DescriptionJOB SUMMARY The Senior Financial Analyst will design and support data collection, analysis, and reporting to provide St. John’s Health (SJH) leadership with accurate information upon which to base decisions. Functioning as an internal consultant, will provide profitability, reimbursement, cost accounting, and productivity support as well as assisting in preparing benchmarking and budget data and reports and long-term financial forecasts to drive quality and operational excellence, strengthen and support our workforce, and enhance the breadth and depth of care for the community.

ESSENTIAL FUNCTIONS

Financial data analysis and reporting

• Help to establish costing methodologies, flexible budgeting and decision support. Act as a lead on analyzing

financial information to support strategic decisions and operation improvement projects, provide information to assist senior management in making financial, operational, or policy decisions, and function as a primary finance interface with all departments as it relates to deriving costing methods.

• Serve as a resource for internal departments requiring assistance with financial and accounting matters.

Suggest ways to improve efficiencies and work to enhance the usefulness of the data. Educate and assist with the identification of financial issues.

• Design, prepare and maintain detail/worksheets necessary to support financial presentations and

development of other communications as necessary.

• Interpret data, analyze results using statistical techniques and provide ongoing reports. Develop and/or

implement databases, data collection systems, data analytics, and other strategies to optimize statistical efficiency and quality.

• Develop and maintain institutional and industry knowledge to identify key business costs, target analyses,

and interpret and communicate data in a usable way.

• Ensure accuracy of units of service for each service line.
• Produce labor/ staffing metrics for each service line.

Financial forecasting and budgeting

• Own the cost accounting analysis process, including data preparation, review, and reporting.
• Assist with annual revenue budget, manage and monitor expenses, analyze budget allocation and variance

for hospital departments based on statistics.

• Analyze transactions, prepare journal entries and assist with monthly closes and audits. Help coordinate

year-end audits and assists with workpaper preparation for auditors as needed.

• Provide support for annual budget of variable revenue and expenses.
• Prepare financial proformas for product/ service analysis.

Process Improvement and project support

• Lead software implementations / conversions related to decision support.
• Work with internal customers to identify opportunities for improvement.
• Establish KPIs to measure the effectiveness of operational decisions.
• Locate and define new process improvement opportunities.
• Advise leaders on appropriate costing based on financial data.
• Train team members and clients as needed.

Collaboration, communication, and teamwork

• Communicate thoroughly and proactively with all stakeholders to ensure project success. Use superior

written and verbal communication skills to provide the Finance and Admin teams with the information needed to make decisions.

• Use graphs, infographic and other methods to visualize data. Structures large data sets to find usable

information.

• Possess the ability to self-direct and work independently in order to be a prepared collaborator in projects

and decision-making processes.

• Treat all colleagues, vendors, patients, families, and others with care and respect in accordance with the

SJH code of conduct.

• Assist other Accounting department staff with special projects.

JOB REQUIREMENTS Minimum Education Required: Bachelor’s degree in Accounting, Data Analytics, Computer Science, or equivalent. Preferred: MBA or other Finance-related Master’s degree preferred.

Minimum Work Experience Required: 2+ years working as a financial analyst in a hospital system. At least 2 years cost accounting or financial analysis experience, strong familiarity with both financial analysis and cost accounting. Experience handing data requests, running reports, validating data, and manipulating data in Excel. Preferred: Experience with SQL and/or Cerner report experience.

FUNCTIONAL DEMANDS Working Conditions Healthcare office setting. Partial or mostly remote work possible. Must be able to travel on-site for orientation, training, and at regularly scheduled times as determined by Director of Finance. Be able to work under pressure for prolonged periods, meet deadlines, and maintain accuracy of all work products.

Physical Requirements Six to eight hours of sitting per day. Six or more hours per day of computer use.

Direct Reports: None

Reports to: Director of Finance

Internal & External Contacts All employees, providers, department managers, governmental agencies, vendors and the public.

LEADERSHIP CAPABILITIES Attention to Detail

• Completes tasks in a way that ensures there are no errors
• Methodically and patiently reviews work to identify any mistakes or discrepancies
• Creates and stores documentation in a way that is thorough and easy to access

Presentation Skills

• Gives effective presentations in a variety of formal and informal settings: one-on-one, small and large groups, inside

and outside the organization, with peers, direct reports, and leaders

• Able to present complex data in an engaging and understandable manner.

Problem Solving

• Uses logic and methods to solve problems with effective solutions
• Can see hidden problems
• Looks beyond the obvious and doesn't stop at the first answers

Interpersonal Skills

• Relates well to all kinds of people, up, down and sideways, inside and outside the organization
• Builds appropriate rapport
• Uses diplomacy and tact

Systems Thinking

• Take a broad perspective to understanding how things work
• Able to see the connections, interdependencies, and relationships between departments, strategy, people, and

processes

Process Improvement

• Is committed to continuous improvement through empowerment and management by data
• creates a learning environment leading to the most efficient and effective work processes