Financial Planning & Analysis Analyst IV, Medical Financial Operations

$115,700 - $149,710/Yr

Kaiser Permanente - Redwood City, CA

Full-time - Mid Level

Redwood City, CA

10,001+ employees

Ambulatory Health Care Services

About the position

The Financial Planning & Analysis Analyst IV position at Kaiser Permanente is a senior individual contributor role that serves as an experienced finance leader and operational consultant for a variety of medical center departments, including administrative, ancillary, inpatient, primary, and specialty care. This role is pivotal in providing operational and financial reporting, analysis, and consultation to support the organization's strategic goals. The analyst will be responsible for resource allocation support, including business case development, and will collaborate closely with clinical department leadership to drive operational excellence through influence, analysis, interpretation, and data validation. In this role, the analyst will maintain a comprehensive understanding of healthcare operations and Kaiser Permanente's integrated healthcare model at the clinical level. This includes interpreting large volumes of complex data, such as medical records and financials, to provide detailed operational data that evaluates performance improvement initiatives. The analyst will also be tasked with programming and conducting statistical analyses using tools like SAS and SQL to facilitate data-driven decision-making. Additionally, the position involves conducting research and preparing detailed business cases in partnership with department leaders, leveraging a breadth of operational knowledge to assess and evaluate department operations and workflows. The responsibilities extend to identifying opportunities for optimizing efficiencies in appointment supply and demand, applying data modeling concepts to both financial and non-financial scenarios, and developing and maintaining complex staffing models for department and medical center operations. The analyst will play a crucial role in promoting learning among coworkers, building relationships with stakeholders, and facilitating team collaboration to support business outcomes. This position requires a proactive approach to self-development and the ability to adapt to changes and challenges in the work environment.

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.
• Listens to, seeks, and addresses performance feedback; proactively provides actionable feedback to others and to managers.
• Pursues self-development; creates and executes plans to capitalize on strengths and develop weaknesses.
• Leads by influencing others through technical explanations and examples and provides options and recommendations.
• Adopts new responsibilities; adapts to and learns from change, challenges, and feedback; demonstrates flexibility in approaches to work.
• Champions change and helps others adapt to new tasks and processes.
• Facilitates team collaboration to support a business outcome.
• 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.
• Collaborates cross-functionally and/or externally to achieve effective business decisions; provides recommendations and solves complex problems.
• Escalates high-priority issues or risks, as appropriate; monitors progress and results.
• Supports the development of work plans to meet business priorities and deadlines; identifies resources to accomplish priorities and deadlines.
• Identifies, speaks up, and capitalizes on improvement opportunities across teams; uses influence to guide others and engages stakeholders to achieve appropriate solutions.
• Evaluates complex business environment by conducting financial assessments and interpreting reports summarizing business, financial, or economic data.
• Leads internal audit process, reviews audit results, and may engage with auditors to resolve material weaknesses.
• Creates budgets and/or forecasts in accordance with business strategic initiatives by analyzing and interpreting budgeting trends.
• Advises region/business unit leaders on strategic fiscal matters by reviewing regular and special reports for both financial and statistical matters.
• Conducts financial modeling by developing best-practice and complex models; analyzing and optimizing risk alternatives.
• Assesses the business vision, objectives, and strategic initiatives by conducting and/or reviewing research provided by others.
• Completes costing activities by identifying and suggesting cost avoidance and cost recovery opportunities.
• Evaluates performance/operations/financial state by using and implementing templates and computer applications; reviewing and conducting complex financial analyses.
• Reports region/business unit financial information by evaluating and communicating financial trends, findings in data analysis reports, and forecasts of income and expense.
• Supports field operations by analyzing and interpreting their operational/financial performance; determining areas of improvement.
• Conducts Financial Statement Analysis of business partners by reviewing information reported from software systems and making recommendations regarding the financial status of business partners.
• Improves financial performance by analyzing financial trends; uses results of analysis 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.

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.
• 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.