Financial Analyst II

All Children's Hospital - Saint Petersburg, FL

Full-time - Mid Level

Saint Petersburg, FL

Hospitals

About the position

The Financial Analyst II plays a crucial role in utilizing financial and operational data to develop models and analyses that support hospital management in enhancing financial performance. This position is integral to the financial health of assigned clinical and support departments within the hospital. The analyst will collaborate closely with department heads, executive staff, and finance leadership to create analytic models that leverage patient encounter data and other relevant metrics. These models are designed to provide insights that drive performance improvements and help achieve strategic goals. In addition to model development, the Financial Analyst II will contribute to the annual operating budget and assist in the capital budget development, identifying the operational cost impacts of capital projects. The role involves constructing feasibility analyses, Pro Forma statements, and A3s using both standard and advanced financial techniques. A key responsibility is the accurate calculation of volume, revenue, net revenue, and both direct and indirect costs, which are essential for comprehensive financial analysis. The analyst will also engage with customers to understand their needs, applying their skills and knowledge to research and propose viable solutions that enhance financial performance. Effective communication is vital, as the analyst must ensure that all interactions with co-workers, supervisors, and customers meet the high standards of service excellence expected at Johns Hopkins All Children's Hospital. Maintaining the integrity of financial systems and deliverables is also a critical aspect of this role, which involves using various tools to enhance data quality and credibility.

Responsibilities

• Designs analytic models using patient encounters and related data to collaborate with key leadership customers to improve performance and achieve strategic goals.
• Works in tandem with department heads, executive staff, and finance leadership in the development of the annual operating budget.
• Contributes to the capital budget development and identifies where capital projects have operating cost impacts.
• Constructs feasibility analyses, Pro Forma statements, and A3s using standard and advanced financial techniques.
• Calculates volume, revenue, net revenue, and direct and indirect costs integral to the analysis.
• Consults with customers to understand needs and applies skills and knowledge to research the best path; generates viable solutions to enable customers to improve financial performance.
• Communicates timely, effectively, and appropriately with co-workers, supervisors, and customers to ensure all iterations and collaborations meet the high standards of service excellence.
• Verifies and maintains the integrity of systems and deliverables produced by effectively using balancing, mentoring, and auditing tools to enhance data quality and credibility.

Requirements

• Bachelor's degree in Accounting, Finance, or a related field.
• Master's degree preferred.
• Three to five years of progressive experience with healthcare business analytics and budgeting, with a proven record of tangible accomplishment in building successful analytic models using clinical and financial data.
• Extensive knowledge of financial business processes in a healthcare setting; experience within a hospital is strongly preferred.
• Proficiency with Microsoft Excel including the ability to perform advanced formulas, pivot tables, and macro functions.
• Strong problem-solving skills, and the ability to take initiative.
• Excellent verbal and written communication and interpersonal skills to work effectively with leadership, management, and fellow employees.

Benefits

• Health and well-being prioritization for employees.
• Commitment to diversity and inclusion in the workplace.