Senior Financial Analyst

Full Time
Washington, DC 20010
Posted
Job description

General Summary of Position
Plans and performs analysis of hospital operations to perform detailed studies in areas of cost accounting, cost control, product lines and services.


Minimum Qualifications
Education

  • Bachelor's degree in Business Administration, Finance, Accounting, or related field required

Experience

  • 3-4 years of progressively more responsible including using data systems, as well as spreadsheet, work processing, and data base applications required

Knowledge, Skills, and Abilities

  • Strong knowledge of personal computer spreadsheets (Excel) and database management is required.
  • Knowledge of Microsoft Power-BI, Tableau, or other data visualization and dashboarding tool may be required.
  • Experience in collecting and analyzing healthcare data (cost accounting, budget, decision support, productivity, etc.), including financial and management analysis leading to quality improvement, is preferred.


Primary Duties and Responsibilities

  • Plans and performs analysis of hospital operations and service lines as assigned; develops verbal, written, and graphic presentations required to effectively communicate findings and recommendation concerning staffing, organization, equipment, facilities, data systems, policies, and operating expenses. Identifies potential project in specific areas, determines objectives and scope of projects, and develops plans to implement projects.
  • Designs mechanism for collection of data regarding such topics as workload, financial performance, etc. Interacts with department management and staff to become familiar with department and clinical operations.
  • Works with department management to develop implementation plans and coordinates changes in department to streamline and improve entire systems. Develops work plan and identifies time requirements and schedule for project completion.
  • Prepares scheduled and unscheduled reports for all current projects. May supervise department staff in multi-person projects, to include editing materials prepared by staff members prior to distribution.
  • Identifies data to be collected and using techniques such as data base analysis, collects required information. Conducts operational and financial analysis of department or areas through interaction with department personnel.
  • Organizes and documents findings and prepares recommendations for implementation of new systems, procedures, and changes, discussing and securing approval from management.
  • Assists management with implementation of activities to ensure smooth functioning of newly implemented systems or procedures. May install new systems and train personnel in application of same.
  • Prepares reports indicating pertinent information to management for use in policy formulation, budgeting, business plans, forecasting, long range planning, and the like. Provides technical liaison services to management, other organizations, and vendors
  • Assists in the training and development of other financial, operational, and professional services staff.


Why MedStar Health?
At MedStar Health, we understand that our ability to treat others well begins with how we treat each other. We work hard to foster an inclusive and positive environment where our associates feel valued, connected, and empowered. We live up to this promise through:

  • Strong emphasis on teamwork—our associates feel connected to each other and our mission as an organization. In return, our effective team environment generates positive patient outcomes and high associate satisfaction ratings that exceed the national benchmark.
  • Comprehensive total rewards package—including competitive pay, generous paid time off, great health and wellness benefits, retirement savings, education assistance, and so much more.
  • More career opportunities closer to home—as the largest healthcare provider in the Baltimore-Washington, D.C. region, there are countless opportunities to grow your career and fulfill your aspirations.

About MedStar Health
MedStar Health is dedicated to providing the highest quality care for people in Maryland and the Washington, D.C., region, while advancing the practice of medicine through education, innovation, and research. Our team of 32,000 includes physicians, nurses, residents, fellows, and many other clinical and non-clinical associates working in a variety of settings across our health system, including 10 hospitals and more than 300 community-based locations, the largest home health provider in the region, and highly respected institutes dedicated to research and innovation. As the medical education and clinical partner of Georgetown University for more than 20 years, MedStar Health is dedicated not only to teaching the next generation of doctors, but also to the continuing education, professional development, and personal fulfillment of our whole team. Together, we use the best of our minds and the best of our hearts to serve our patients, those who care for them, and our communities. It’s how we treat people.

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