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Financial Analyst, Uwmedicine Finance & Budget

Company

University of Washington
Address , Seattle, 98195, Wa
Employment type
Salary $6,124 - $9,186 a month
Expires 2023-07-13
Posted at 1 year ago
Job Description
Benefits:
As an employee you will enjoy generous benefits and work/life programs. For detailed information on Benefits for this position, click here.


UW Medicine’s mission is to improve the health of the public by advancing medical knowledge, providing outstanding primary and specialty care to the people of the region and preparing tomorrow’s physicians, scientists and other health professionals. UW Medicine owns or operates Harborview Medical Center, Valley Medical Center, UW Medical Center, UW Medical Center – Northwest, a network of UW Medicine Neighborhood Clinics that provide primary care, UW Physicians, UW School of Medicine, Airlift Northwest and other owned, operated or affiliated entities as appropriate. In addition, UW Medicine shares in the ownership and governance of Children’s University Medical Group and Seattle Cancer Care Alliance a partnership among UW Medicine, Fred Hutchinson Cancer Research and Seattle Children’s.
UW Medicine Finance has an outstanding opportunity for a Financial Analyst. This position supports UW Medicine’s goals for meeting reporting requirements with a number of external agencies and providing financial information used for policy decisions. Your work strives to improve the processes, structure and deliverables related to reporting and analysis. You will be an integral member of the UW Medicine Finance team. With a focus on providing accurate information to improve financial performance, you will also interact with management, Finance and Accounting colleagues. The Financial Analyst reports to the Assistant Director of UW Medicine Productivity Analytics and is directly responsible and accountable for the following areas:
Reporting and Analysis
  • Prepares and files financial reports/surveys with the Department of Health and other entities for UW Medicine hospitals. Reporting includes, but not limited to: Washington State Department of Health, Council of Teaching Hospitals and Health Systems, American Hospital Association, US Census Bureau, America's Essential Hospitals, Practice Greenhealth and Washington State Hospital Association

  • Leads efforts to submit financial data accurately and efficiently under University of Washington Finance Transformation

  • Continuously works to improve the reporting process, streamlining data collection and standardize reporting

  • Analyzes financial reports to assist management in identifying variances. Works with departments to determine causes of variances, develops and implements plans to remedy as appropriate.

    • Other
  • Establish effective, collaborative working relationships throughout the organization with staff, peers, supervisors and customers

  • Collaborates with management to develop sustainable strategies for improving financial performance.

  • Educates self through industry readings, conferences and other forums on critical financial and healthcare trends. Analyzes data, identifies potential implications, quantifies impact and provides recommendations for UW Medicine.

  • Represent UW Medicine Finance on committees or task forces as needed

  • Provides other financial analysis as required

    • Requirements
  • Bachelor's degree in finance, business, accounting or healthcare administration
  • At least five years of experience in healthcare finance/operations.
  • Progressively more finance experience preferred, specifically in financial planning and analysis.
  • An equivalent combination of education and experience may substitute for stated requirements.
    Required Competencies – Job Specific
  • Excellent interpersonal skills, effectively interacting and collaborating across multiple teams with all staff levels
  • Proven analytical, verbal and written communications skills, including effectively communicating with all levels of management/leadership
  • Ability to extract and reconcile data from multiple systems and ensure data integrity
  • Preparing complex financial/productivity analyses and interpretations with high degree of accuracy
  • Diligently tracking performance metrics and formulate actionable recommendations to leaders
  • Utilizing numerous business software applications – relational databases, data visualization tools and report writers
  • Working independently with a minimum level of supervision and managing multiple projects simultaneously
  • Adaptability to evolving demands and expectations

    • Desired
  • MBA/MHA/CMA/CPA preferred, familiarity with financial systems including general ledger, payroll and patient billing systems
  • Progressively more finance experience preferred, specifically in productivity analysis, financial planning and resource optimization
  • Experience with hospital workload units. For example: HCPCS/CPT codes, MS DRGs, APCs, census data
  • Additional experience with forecasting, predictive analysis, cost management, statistics, business intelligence tools and relational databases
  • Prior project management and leadership experience

    • Committed to attracting and retaining a diverse staff, the University of Washington will honor your experiences, perspectives and unique identity. Together, our community strives to create and maintain working and learning environments that are inclusive, equitable and welcoming.

    The University of Washington is an affirmative action and equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, age, protected veteran or disabled status, or genetic information.

    To request disability accommodation in the application process, contact the Disability Services Office at 206-543-6450 or [email protected].

    Applicants considered for this position will be required to disclose if they are the subject of any substantiated findings or current investigations related to sexual misconduct at their current employment and past employment. Disclosure is required under Washington state law.

    COVID-19 VACCINATION REQUIREMENT

    Employees of the University of Washington are required to be fully vaccinated against COVID-19 unless a medical or religious exemption is approved. Being fully vaccinated means that an individual is at least two weeks past their final dose of an authorized COVID-19 vaccine regimen. As a condition of employment, newly hired employees will be required to provide proof of their COVID-19 vaccination. View the Final candidate guide to COVID-19 vaccination requirement webpage for information about the medical or religious exemption process for final candidates.