Financial Analyst III

Overview

This role involves performing highly specialized and complex financial and budget analysis for a large and diverse hospital service line or coordinating a major budget/financial analysis program within a hospital finance department. Responsibilities include financial planning, forecasting, modeling, budget development, performance monitoring, and management reporting. The position prepares complex analyses for executive-level review and provides leadership in fiscal planning and process improvement.

Responsibilities

• Advise managers on financial planning, analysis, and system development; support managers by modeling financial impacts.
• Assist in developing, implementing, and managing financial systems, cost accounting systems, and financial policies and procedures.
• Collaborate with auditors and accountants to develop and maintain internal controls ensuring compliance with state and internal audit standards.
• Provide information to internal and external auditors and management as requested.
• Coordinate and participate in preparing various financial reports, business plans, and analyses for management.
• Develop budget or fiscal reporting formats.
• Develop and revise methodologies for forecasting costs and revenues; maintain electronic systems to track deviations between budgeted forecasts and actual results.
• Develop or coordinate preparation of budgets, program narratives, and finance plans; analyze financial projections and assist managers in developing budget proposals.
• Maintain liaison with operating department managers to advise on financial results, budget variances, internal controls, and related financial matters.
• Participate in the design and implementation of budget and financial system improvements.
• Use computer software to model resource scenarios and develop automated financial systems.
• Plan, develop, and coordinate preparation of financial analyses and reports including operational and capital budgets, financial statements, statistical reports, cost analyses, and other financial information.
• Provide financial information to enable management to make informed long-term and short-term decisions.
• Recommend procedures and implement corrective actions where operations are out of compliance with hospital policy, internal controls, and accounting policies.
• Review and/or prepare federal, state, and other regulatory reports ensuring compliance with established guidelines.
• Adhere to all Joint Commission requirements including cultural sensitivity, patient care and rights, safety, emergency management, teamwork, communication, and compliance with National Patient Safety Goals.
• Perform all duties in accordance with hospital policies, procedures, service standards, and code of conduct.

Requirements

Education

• Bachelor's degree in a related field from an accredited college or university.

Experience

• Six (6) years of progressively responsible and directly related work experience.

Knowledge and Skills

• Ability to analyze and develop solutions to complex financial problems.
• Ability to analyze information, reach valid conclusions, and make sound recommendations.
• Ability to apply sound independent judgment in solving complex financial issues.
• Ability to communicate complex financial concepts clearly to non-finance users.
• Effective written and verbal communication skills, including data summarization and presentation.
• Ability to establish and maintain effective working relationships.
• Ability to evaluate business operations and assess impacts on budgets and funding.
• Strong organizational, prioritization, multitasking, and adaptability skills.
• Ability to model financial information and forecast data.
• Ability to work effectively both independently and as part of a team.
• Knowledge of computer systems and software relevant to financial functions.
• Knowledge of financial forecasting techniques.
• Knowledge of local, state, and federal regulatory requirements related to finance.
• Knowledge of budgeting and finance principles and practices, including financial data analysis and reporting.

Physical Requirements

• Physical requirements and working conditions are available from the Occupational Health Department. Reasonable accommodations will be provided to enable individuals with disabilities to perform essential functions.

Compensation & Benefits

• Salary range (hourly): $53.98 to $71.57, based on role level, education, experience, knowledge, skills, location, and internal equity.
• New hires typically start at the minimum to midpoint of the salary range.

Location

• Position is based at a large children's hospital with state-of-the-art facilities.

Equal Opportunity

The organization is committed to diversity, equal opportunity, and non-discrimination in all employment policies and practices. Applicants are considered without regard to race, color, sex, sexual orientation, gender identity, religion, age, national or ethnic origin, political beliefs, marital status, medical condition, genetic information, veteran status, disability, or perception of any of these. Qualified applicants with criminal convictions will be considered following an individualized assessment in compliance with applicable fair chance laws.