Financial Planning & Analysis Analyst IV, Medical Financial Operations Onsite

About the role

This is an onsite position and requires regular in-person attendance. The Financial Planning & Analysis Analyst IV, Medical Financial Operations serves as an experienced finance leader and operational consultant for a portfolio of medical center administrative, ancillary, inpatient, primary and/or specialty care departments.

Responsibilities

• Promotes learning in others by proactively providing and/or developing information, resources, advice, and expertise with coworkers and members; builds relationships with cross-functional/external stakeholders and customers.
• Completes work assignments autonomously and supports business-specific projects by applying expertise in subject area and business knowledge to generate creative solutions; encourages team members to adapt to and follow all procedures and policies.
• Evaluates complex business environment by conducting financial assessments; interprets reports summarizing business, financial, or economic data.
• Leads internal audit process, reviews audit results, and may engage with auditors to resolve material weaknesses, implement changes to internal controls and proactively assess high risk areas.
• Creates budgets and/or forecasts in accordance with business strategic initiatives by analyzing and interpreting budgeting trends; reviews results of budget and forecasting; coordinates with others to develop department/regional budgets; and makes recommendations.
• Advises region/business unit leaders on strategic fiscal matters by reviewing regular and special reports for both financial and statistical matters in order to facilitate financial management throughout the organization; participates in regular meetings with leadership to review financial results for their areas; and acts as an internal consultant to Kaiser Management team on reading and interpreting financial results, analyzing variances, and improving performance.
• Conducts financial modeling by developing best-practice and complex models; analyzes and optimizes risk alternatives; develops, reviews, and recommends what-if scenarios and forecasts using in-house models or software.
• Affords the business vision, objectives, and strategic initiatives by conducting and/or reviewing research provided by others to assess financial impact of strategies and initiatives.
• Completes costing activities by identifying and suggesting cost avoidance and cost recovery opportunities.
• Evaluates performance/operations/financial state by using and implementing templates; conducts complex financial analyses; and completes complex variance analysis.
• Reports region/business unit financial information by evaluating and communicating financial trends, findings in data analysis reports, and forecasts of income and expense; reviews and communicates assets, liabilities, revenues, and expenses; and uses data/inputs from region/business unit systems to support analyses.
• Supports field operations by analyzing and interpreting their operational/financial performance; and determining areas of improvement.
• Conducts Financial Statement Analysis of business partners by reviewing information reported from software systems; making recommendations regarding the financial status (viability) of business partners; and assessing risk implications.
• Improves financial performance by analyzing financial trends; and in partnership with the business leaders, uses results of analysis and understanding of operations to identify actions that address operational performance issues.
• Informs strategic financial planning by performing and evaluating complex financial, utilization, and benchmark analytics.
• Assists with strategic financial planning by preparing recommendations for financial plans, acquisition activity, financial requirements, and operating forecasts; and developing and interpreting financial concepts for financial planning and control.

Requirements

• Minimum two (2) years finance experience managing a portfolio of departments, business lines, and/or functional/service areas.
• Bachelor's degree in finance, business, or related field and Minimum six (6) years Financial Planning & Analysis experience, or directly related business experience. Additional equivalent work experience in a directly related field may be substituted for the degree requirement.
• Three (3) years finance experience working in a medical center or clinical setting.
• Three (3) years experience consulting or working directly with clinical health care leadership.

Qualifications

• Minimum two (2) years finance experience managing a portfolio of departments, business lines, and/or functional/service areas.
• Bachelor's degree in finance, business, or related field and Minimum six (6) years Financial Planning & Analysis experience, or directly related business experience. Additional equivalent work experience in a directly related field may be substituted for the degree requirement.
• Three (3) years finance experience working in a medical center or clinical setting.
• Three (3) years experience consulting or working directly with clinical health care leadership.

Skills

• Understanding of health care operations and KPs integrated health care model at the clinical level.
• Interpreting large volumes of complex data (e.g., medical records, financials, etc.).
• Programming and conducting statistical analyses (e.g., SAS, SQL, etc.).
• Conducting research and/or preparing detailed business cases in partnership with department leaders.
• Leveraging a breadth of operational knowledge to assess and evaluate department operations and workflows.
• Identifying opportunities to optimize efficiencies in regard to appointment supply and demand.
• Applying data modeling concepts to financial and non-financial scenarios.
• Developing and maintaining complex staffing models used for department and medical center operations.

Benefits

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Pay

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Schedule

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