Financial Analyst - Surgery Research

Qualifications

• Education: Bachelor’s degree in finance, accounting, healthcare administration, business administration or related field
• Experience: One year experience of financial, budget or cost accounting preferred

Skills and Abilities

Demonstrates the skills and competencies necessary to safely perform the assigned job, determined through on-going skills, competency assessments, and performance evaluations.

Sufficient proficiency in speaking, reading, and writing the English language necessary to perform the essential functions of this job, especially with regard to activities impacting patient or employee safety or security.

Ability to effectively communicate with patients, physicians, family members and co-workers in a manner consistent with a customer service focus and application of positive language principles.

Analytical thinking and creative problem solving and ability to define a variety of approaches to business problems.

Understanding of business process analysis, system requirements, data modeling and functional design.

Project Management skills

Essential Functions

• People Essential Functions: Interacts with all levels within the department, other institutional departments, and across the organization as well as outside companies to resolve problems/errors or questions regarding basic accounting reconciliation items or financial performance.
• Service Essential Functions: Extracts actual and budget financial accounting General Ledger (G/L) data or financial data from appropriate sources to report and reconcile with appropriate leadership. Generates accurate and timely reports.
• Quality/Safety Essential Functions: Reviews revenue projections, budget revisions, etc., for physician practice, academic department or assigned hospital entity and department(s).
• Finance Essential Functions: Supports the development of auditing, reporting and contract modeling tools as needed for identification and analysis of rate and/or fee schedule auditing, financial performance and contract performance as well as modeling and analysis of potential opportunities. Maintains monthly dashboard of key indicators and external benchmarks as defined by management. Prepares and maintains revenue models. Compiles information needed for organization profit and loss statement as required. Reviews contracts/calculates provider productivity bonuses/compensation models as appropriate. Assists in the preparation of gift, grant and contract budget proposals as needed. Assists in the oversight of department’s financial files for all grants, contracts, and donor funding and verifies that all faculty, staff and research personnel are charged to the appropriate funding source via submission of a salary reallocation form as appropriate.
• Growth/Innovation Essential Functions: Maintains procedures and Standards of Practice (SOP’s) for reconciliation process. Maintains working knowledge of cost accounting system, clinical trials management systems or others and their relationship to other financial and non-financial systems. Maintains working knowledge of hospital and physician compensation methodologies and affecting government regulations, as applicable.

Supplemental Requirements

• Work Attire: Uniform: No, Scrubs: No, Business professional: Yes, Other (department approved): No
• On Call*: No
• May require travel within the Houston Metropolitan area: No
• May require travel outside Houston Metropolitan area: No

Company Profile

Houston Methodist Academic Institute oversees the Education Institute and Research Institute. The Academic Institute aligns our research and education initiatives in service to the clinical mission, providing solutions that answer the call for new technologies and skills our clinicians need for patient care. Houston Methodist Education Institute coordinates our primary academic affiliation with Weill Cornell Medicine and other joint programs, including the Engineering Medicine Program at Texas A&M University Intercollegiate School of Engineering Medicine. The Education Institute also oversees continuing medical education and graduate medical education, and supports trainees in residence for medical, nursing, allied health and research education programs. Houston Methodist Research Institute supports research programs and infrastructure that enable faculty across the system to bring new scientific discoveries to patients as rapidly as possible through the full cycle of a cure from conceptual bench research, to prototyping and development, to clinical trials and FDA approval. The Research Institute supports clinical research protocols and extramurally funded translational research programs.

Houston Methodist is an Equal Opportunity Employer.

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