Clinical Financial Analyst

Job Summary

About the Role

The Clinical Finance Analyst supports the growth of the clinical finance enterprise, including outreach sites, under the direction of the Director of Clinical Finance. Key responsibilities include preparing financial statements, leading the budgeting process, generating productivity reports, and performing coding audits.

Responsibilities

• Prepare financial statements, analyses, and budgets for the Department’s Clinical Enterprise and programs supported by clinical revenue.
• Lead the budgeting process and partner closely with Administrative Directors and Department leadership.
• Serve as liaison with internal and external constituents.
• Maintain a strong understanding of cFTE definitions, collaborate with division schedulers to ensure required clinical sessions are completed, and cFTE is accurately reflected in the ledger and productivity portal.
• Partner with the research team to maintain faculty's pay plan.
• Generate and monitor monthly clinical productivity reports for division chiefs, providing insights and analysis to support review.
• Identify opportunities to improve productivity and optimize clinical revenue and fund flow.
• Generate monthly DART reports, including wRVUs, visits, Tier 1 wRVU payments, and net collections for reference.
• Perform monthly internal fund flow revenue redistribution based on the DART report and providers' home departments for Tier 1 and overhead payments. Redistribute Tier 4 revenue based on Labor and Delivery shifts.
• Maintain UC Health service agreements, reconcile monthly payments, and perform year-end true-up payment calculations.
• Gather required information and prepare the annual budget within a tight timeline.
• Identify billing errors and perform monthly CPT code audits; partner closely with individual providers to ensure accurate coding and proper revenue capture.
• Review and verify clinical account expenditures across assigned divisions to ensure accuracy, budget alignment, and policy compliance; investigate and resolve discrepancies; and calculate monthly clinical revenue assessment fees to support central operations.
• Prepare ad hoc reports, including monthly MSP profit-and-loss statements, and perform financial modeling as needed.
• Develop and make recommendations on internal policy/procedural changes that affect functional area.

Qualifications

• Bachelor’s degree in related area and 5+ years of related work experience.
• Advanced knowledge of finance policies, practices, and systems.
• Ability to identify, collect, and analyze information from multiple sources.
• Advanced ability to effectively present complex finance-related information both verbally and in writing in a clear and concise manner.
• In-depth ability to use multiple spreadsheet and database software tools to gather information for specialized, complex financial analysis, fiscal management, and financial reports.
• In-depth ability to use organizational skills to multi-task in a high volume environment.
• Ability to adapt to changing priorities.
• Ability to function as a member of a team.
• Advanced knowledge and understanding of internal control practices and their impact on protecting University resources.