MyMichigan Health · 6 hours ago
Sr Financial Analyst - HYBRID
Midland, MI
Full-time
Hybrid
Mid, Senior Level
3+ years expMyMichigan Health is a technology driven organization, and they are seeking a Senior Financial Analyst to support system and hospital leadership through cost accounting and financial reporting. This role involves developing profitability analyses, supporting cost allocation methodologies, and producing financial reports to inform strategic decision-making.
Health CareHospital
Responsibilities
Maintains expense units and budgeting man-hours of assigned departments during the budgeting process
Generates FTE and productivity reports and analysis on a monthly basis, including analysis by department and Line Officer
Accurate and timely reporting of monthly performance and productivity reports
Prepares fixed and variable budget databases based on Board-approved budget
Prepares cost analysis for other departments and strategic business units as requested with the time frames stated
Demonstrates understanding of integrated system applications including relational databases
Develops and maintains required documentation of procedures in dealing with all applications under the direction of the department manager and in collaboration with financial services, Information Resources, and Quality Resource Management
Supports system-wide clinical pathway development
Collects, stores, retrieves and disseminated data, information or materials as directed
Identifies best practice for specific high volume, high risk, high cost DRG’s
Builds tables and indicators to support clinical paths
Develops standard reports to support clinical path project leaders and strategic business unit leaders
Develops/prepares reports to support medical staff inquiries during the re-credentialing process
Works with clinical path project leaders, strategic business unit leaders, and QRM staff to develop information flow to the medical staff and maintains information flow to teams and medical staff
Assists in the review and maintenance of cost standards
Functions as a resource to staff in assisting them to maximize utilization of system applications
Resource to all users
Provides ongoing clinical support and education for users
Provides ongoing support to medical and administrative leaders on their use of the decision support system particularly as it relates to patient care coordination
Participates in appropriate clinical committees ensuring that the decision support system meets system-wide analysis needs
Maintains and updates master file structures, communications with Information Resources, QRM, financial services and/or vendor representatives as required changes occur, test programming changes and/or updates to the system
Assists in efforts to provide comprehensive medical and financial data to internal users
Facilitates the collection of accurate and complete data
Assures integrity of data is developed and maintained
Audits and consults with users to ensure data integrity
Develops system to gather data to support medical staff activities such as surgical case review, infection control, blood and drug utilization, etc
Develops written procedures and routinely audits decision support subsystems to ensure data integrity
Understands the decision support system financial structure as it impacts the patient database and assists financial team members with costs standards enhancements and operational procedures
Takes initiative to take on extra assignments or to assist others during periods of increased activity
Qualification
Required
Bachelor's Degree, Accounting or Finance, Business related field required
Knowledge of cost accounting and general ledger and preparing financial statements as normally acquired through 3 years of experience working in a medical center or similar setting, required
Knowledge of data analysis interpretation, writing skills, and complete knowledge of Microsoft Suite required
Ability to work in teams in collaborative manner
Creative, flexible, open to change, results-oriented, organized
Demonstrates critical thinking and ability to resolve problems
Strong understanding of statistical methods
Excellent interpersonal and relationship-building skills
Ability to understand and apply current available databases to hospital practice patterns
Demonstrated ability of project management
Demonstrate a positive, courteous, and helpful attitude toward co-workers within and outside of the department
Tuberculosis (TB) testing must be done according to MIOSHA(Michigan Occupational Safety Health Administration) standards
Mandatory Occupational Safety and Health Administration (OSHA) training must be completed annually according to the Exposure Control Plan
Exposure to stressful situations, including those involving public contact, as well as, trauma, grief and death
Able to wear personal protective equipment that includes latex materials or appropriate substitute if required for your position
Is able to move freely about facility with or without an assisted device and must be able to perform the functions of the job as outlined in the job description
Overall vision and hearing is necessary with or without assisted device(s)
Frequently required to sit/stand/walk for long periods of time
May require frequent postural changes such as stooping, kneeling or crouching
Some exposure to blood borne pathogens and other potentially infectious material
Must follow MyMichigan Health bloodborne pathogen and TB testing as required
Ability to handle multiple tasks, get along with others, work independently, regular and predictable attendance and ability to stay awake
Overall dexterity is required including handling, reaching, grasping, fingering and feeling. May require repetition of these movements on a regular to frequent basis
Physical Demand Level: Sedentary. Must be able to occasionally (0-33% of the workday) lift or carry 0-10 lbs
Preferred
Experience with financial system, integrated financial decision support system with clinical components, strongly preferred
Certified Public Accountant (CPA) Certification preferred
Company
MyMichigan Health
MyMichigan Health is a a non-profit healthcare company.
10001+ employees
Funding
Current Stage
Late StageLeadership Team
Lydia Watson
Chief Executive Officer
Bryan Cross
Chief Operating Officer
Recent News
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