JOB SUMMARY
- The Financial Analyst II serves as the key financial resource. Provides financial analysis required to support the goals and objectives of Baylor Health Care system (BHCS).
- Prepares physician compensation modelling and ad-hoc reporting
ESSENTIAL FUNCTIONS OF THE ROLE
- PROVIDES FINANCIAL ANALYSIS SUPPORT to administrators, department directors, and others as directed or required, to assist in the efficient and cost-effective operation of Baylor Scott & White (BSW).
- Assists in the administration of physician and advanced practice provider (APP) compensation and related reporting, documentation, and analysis.
- Works on compensation projects; Provides advice and guidance to stakeholders regarding structures, models and processes.
- Ensures provider compensation models and practices are well understood, market competitive, compliant with applicable state and federal laws and regulations, and aligned with BSWH physician compensation philosophy and with strategic objectives.
- WORKS COLLABORATIVELY WITH VARIOUS TEAMS and may serve as a liaison with Information Technology as needed.
- Advises various levels of management on effective use of Physician Compensation program.
- Ensures that Access queries are monitored and maintained.
- Reviews market data reports and compiles market blended analysis.
- Highlights performance issues, identifies problems, and researches solutions and makes recommendations to management for continuous improvement.
- COORDINATES, EXAMINES, INVESTIGATES, AND ADVISES SENIOR MANAGEMENT ON DEPARTMENTAL/DIVIONSAL/INSTITUTIONAL FUNANCIAL VARIANCE REPORTS.
- Studies financial results and provides management with reports as required.
- Coordinates and investigates opportunities for improvement.
- Strives to meet deadlines on special projects and studies as assigned.
- PREPARES, MANAGES AND EXAMINES FINANCIAL INFORMATION RELATED TO THE END OF MONTH CLOSE CYCLE.
- Reviews month end data after close cycle for completeness.
- Examines complex financial information to ensure financial reports have a high degree of integrity.
- Evaluates month end process and recommends processes for improvement.
- PERFORMS OTHER POSITION APPROPRIATE DUITES AS REQUIRED IN A COMPETENT, PROFESSIONAL AND COURTEOUS MANNER.
KEY SUCCESS FACTORS
- High proficiency with MS Office Applications
- Working knowledge of word processing, spreadsheet and database applications.
- VBA/Macro experience preferred but not required.
- Independently drives and completes the projects with minimal supervision.
- Must be highly organized, accurate, and professional with excellent customer service ability.
- Excellent analytical and problem-solving skills and ability to meet deadlines.
- Strong communication skills with all levels of personnel.
- High level of objectivity and interpersonal skills.
The information contained in this job description is intended to describe the essential job functions required of those assigned to this job. It is not intended to be an exhaustive list of all responsibilities, duties, knowledge, skills, and abilities needed to perform the job. Please note that management retains the right to assign or reassign duties and responsibilities to this job at any time. The ability to competently perform all the essential duties of the position, with or without reasonable accommodation, demonstrated commitment to effective customer service delivery, integrity, and the ability to work productively as a member of a team or work group are basic requirements of all positions at Baylor Scott & White Health.
BENEFITS
Our competitive benefits package includes the following
- Immediate eligibility for health and welfare benefits
- 401(k) savings plan with dollar-for-dollar match up to 5%
- Tuition Reimbursement
- Tracking Free Time Off Policy effective July 1, 2024
Note: Benefits may vary based upon position type and/or level
QUALIFICATIONS
- EDUCATION - Bachelor's
- Degree must be completed
- In progress degrees will not pass Compliance
- EXPERIENCE - 3 Years of Experience
- Preferably in Healthcare