Financial Analyst

Stanford Health Care

(Stanford, California)
Full Time
Job Posting Details
About Stanford Health Care
At Stanford Health Care, we seek to provide patients with the very best in diagnosis and treatment, with outstanding quality, compassion and coordination. With an unmatched track record of scientific discovery, technological innovation and translational medicine, Stanford Medicine physicians are pioneering leading edge therapies today that will change the way health care is delivered tomorrow.
Summary
Assists departmental leadership in organizational development, benchmarking, operational reporting, management reporting, performance management, measuring trends, budgeting, analysis and other financial activities with a limited functional or organizational scope. Assist the director in managing the financial activities and services of the department as they relate to accounting, budgeting, financial reporting, productivity and other finance functions and implementing financial and operational policies (as they relate to finance), procedures and programs for the organization.
Responsibilities
* Analyzes business operations and identifies improvements; monitors and measures the trends in an operational or functional area. Assists in compiling and analyzing key performance indicators for the entity in relation to comparable organizations and annual targets. * Assists in managing the department to ensure achievement of functional and budget/financial goals. Prepares the department's annual budget requests by determining priorities among requests from reporting staff. * Develops, implements, evaluates, and redesigns (if necessary) billing processes and practices to optimize financial outcomes, ensure compliance with applicable regulations and standards, and facilitate efficient workflow. * Coordinates with Information Technology (IT), Revenue Operations (CDM), Decision Support, Controller's Office, Materials Management, Managed Care, HIMS, plus other partner departments on projects and transmission of data. * Participates in development, implementation and maintenance of policies, objectives, short-and long-range planning; develops and implements projects and programs to assist in accomplishment of established goals. * Performs supervisory functions by interviewing, selecting and providing training for new staff; by approving or disapproving recommendations from subordinate staff on personnel actions; by evaluating subordinates' performance; by hearing and resolving employee grievances; and by determining the need for and initiating disciplinary action in order to ensure adequate and competent staffing for the agency, program, division or institution. * Prepares financial transaction analysis for management review suggesting financial adjustments required to resolve outstanding financial transactions, if any; provides support in the development of financial/operational analysis of hospital/clinical programs; prepares complex financial reports and analyses. Coordinates adhoc analysis and reporting. * Provides assistance to the Strategic Operations Team in the development of business plans and provides requested financial analyses associated with business plans and/or capital requests. * Provides variance explanations for business cycle transactions. Develops and reviews trend analysis to highlight unusual transactions. * Works closely with operational personnel to understand and document operational financial issues (i.e., physical inventory counts, flow of transactions and effect on financial results). Assists in review of other departmental processes. Identifies areas of improvement across and within processes. Responds in a timely fashion to operational requests for information and issue resolution. * Assumes responsibility for professional self-development. Quality of work should reflect high professional and ethical standards All qualified applicants will receive consideration for employment without regard to race, sex, color, religion, national origin, protected veteran status or on the basis of disability.
Ideal Candidate
**Minimum Qualifications** **Education:** Bachelor's degree in a work-related field/discipline from an accredited college or university **Experience:** Five (5) years of progressively responsible and directly related work experience * Self-starter with leadership skills to independently pursue interdepartmental process redesigns and financial outcome improvements. * Excellent data manipulation, summarization, results analysis, and presentation skills. * Ability to communicate complex concepts in simple form to non-finance users to aid in understanding the appropriate use and limits of the information provided. * Ability to develop financial analyses and provide strategic direction for the organization * Ability to develop financial budgets and manage expenses * Ability to foster effective working relationships and build consensus * Ability to manage, organize, prioritize, multi-task and adapt to changing priorities * Ability to mediate and resolve complex problems and issues * Ability to provide leadership and influence others * Knowledge of accounting/financial principles and practices * Knowledge of computer systems and software used in functional area; Excel expertise required * · Knowledge of TSI/EPSI and other Stanford financial systems a plus * Knowledge of principles and practices of organization, administration, fiscal and personnel management

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