Apply today as a Financial Analyst II for Cincinnati Children’s Hospital.

Financial Analyst

Job Description

The primary functions of the Financial Analyst II are to evaluate businesses, projects, budgets, and other finance-related transactions to determine their performance and suitability.

*This job will require you to work 100% on-site; some hybrid flexibility (2 days WFH) may be available after the first 6-12 months*

Job Responsibilities

Financial Analysis

Prepares financial models/analyses to support current and proposed business transactions, service offerings, performance improvement initiatives, etc.
Prepare utilization analysis and trending.
Identify issues that require additional analysis and develop reporting to support the analysis.
Assist in the development and implementation of the division’s annual and capital budget.
Develop and maintain reporting to provide monthly analysis of variances and to make recommendations.
Analyze and monitor financial performance and assist in the reporting of financial results.
Monitor and report productivity metrics.
Support revenue cycle management, including billing, coding, charge capture, and reporting.
Research and resolve payer issues. Participate in projects/initiatives to reduce costs and meet revenue goals.

Procurement and Operations

Responsible for purchasing activities, acquisition, and allocation of resources.
Participate in space planning.
Monitor business processes to ensure effective and efficient operations; monitor efficient patient flow patterns to maximize clinical and staff efficiency; support reviewing policies and procedures for improved utilization and operations; identify opportunities for improving cost and quality of care; and develop and provide recommendations for improvement.
Initiate departmental financial transactions with approval.

Systems and Technology

Ensure data recording and tracking accuracy in applicable clinical, human resource, financial, and supply chain systems.
Advance the use of technology for decision-making processes.

External Funding

Support activities associated with externally funded projects, including development and maintenance of grant budgets and expense tracking.
Work with Sponsored Programs and other institutional regulatory offices to support compliance with NIH and other external sponsor guidelines for the application and management of awards.
Interact with various program managers, principal investigators, and outside funding agencies to achieve maximum reimbursement of program costs and successfully satisfy the reporting requirements of outside funding agencies.

Leadership

May provide day-to-day functional leadership for a team or directly manage several support staff. Establishes team goals.
Gives input into, and performs employee performance reviews.
Oversees and guides work assignments.
Serves as the functional expert and guides the team.
Assist in the training of new employees.
Serve as a resource and mentor to coworkers.
Assist in the development and presentation of department training.
Identify training needs and provide necessary coaching.
May participate in developing and monitoring an adequate staffing and retention strategy, including hiring and terminating employees.
May collaborate with human resources business partners to meet talent management goals; support organizational programs/plans and ensure communication and adherence to human resources policies and related legal and compliance requirements.

Qualifications

Minimum

Bachelor’s degree in a related field.
2 – 5 years of work experience in a related job discipline.

Preferred

EPIC experience.
Experience with Clinical Management Systems.
MS Office – Excel- experience with Pivot table and V lookup, Access, PowerPoint.

Unique Skills

Data analysis
Project management
Presentation skills to all levels of management

Application Process

Cincinnati Children’s is proud to be an Equal Opportunity Employer that values and treasures Diversity, Equity, and Inclusion. We are committed to creating an environment of dignity and respect for all our employees, patients, and families (EEO/AA).

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