PROGRAM FINANCIAL ANALYST - UW MEDICINE FINANCE & PERFORMANCE ANALYTICS
University of Washington
Location: Seattle, Washington
Type: Full Time
Internal Number: 204950
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 FINANCE & PERFORMANCE ANALYTICS has an exciting opportunity for PROGRAM FINANCIAL ANALYST. The Program Financial Analyst will perform analysis to support the financial decision making of the organization as well as to assist in the management/reduction of operating costs of UW Medicine through reporting and analysis to ensure the long-term financial performance of the organization.
POSITION COMPLEXITIES : Frequently works independently with short turnaround times, incomplete information and complex analytics that must support effective financial decision-making. The Program Financial Analyst must frequently build sophisticated SQL queries and/or work with complex databases and challenging data structures that require thoughtful data analysis to gather and evaluate results. This position supports many entities within UW Medicine – due to legacy legal structures -- all of these have different data sources, G/L constructs and variations and yet this position must effectively present an analytic product that crosses these entities
POSITION RESPONSIBILITIES : Project based financial analyses based on programmatic requirements. To include: profit & loss reporting, break-even analyses, business planning, performance improvement. Ancillary analytics related to market data and external data sources also featured to support strategic planning, forecasting related to service line plans, capacity analysis and long-range financial plans. Development and use of Data Visualization tools to support dashboard and/or analytic products. Development of data resources to advance professional billing data that supports key initiatives within UWM Finance team related to costing analysis, population health analytics and physician attribution / analysis. Documentation of tools / reporting developed and cross-training of others on Finance team.
Bachelor's degree in Finance, Accounting, or related field AND at least five (5) years of progressively responsible experience in financial analysis.
Ability to prepare complex financial analysis and interpretations with high degree of accuracy.
Proven analytical, verbal, and written communication skills.
Ability to utilize numerous computer applications—spreadsheets, databases, report writers, PowerPoint, Access, Excel, COGNOS, BOE, HPM, HBI, etc.
Prior experience in healthcare operations, finance, accounting or healthcare consultancy required (any combination thereof)
Prior experience with healthcare industry topics from Centers for Medicare and Medicaid (CMS), regulatory guidelines, health care business legal knowledge with key terms and concepts
An equivalent combination of education and experience may substitute for stated requirements.
Master’s degree in Health Care Administration, Business Administration, or Finance preferred but not required.
Prior training or course material with coding ICD10 or CPT, APC relative to the healthcare industry.
Lean and process improvement experienced desired but not required.
CONDITIONS OF EMPLOYMENT Currently remote, but after pandemic, office workstation with travel for meetings. The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this position it is regularly required to sit; use hands to finger, handle or feel (keyboarding); talk or hear (telephone & voicemail). This position is required to stand, walk distances of 4-8 blocks; reach with hands and arms, climb 1-4 flights of stairs. Specific vision abilities required by the position include close vision, color vision, and the ability to adjust focus (computer). The position is exposed to typical office machinery such as adding machine, printers, copiers and fax machines. The noise level is usually moderate.
Founded in 1861, the University of Washington is one of the oldest public institutions in the west coast and one of the preeminent research universities in the world. The University of Washington is a multi-campus university comprised of three different campuses: Seattle, Tacoma, and Bothell. The Seattle campus is made up of sixteen schools and colleges that serve students ranging from an undergraduate level to a doctoral level. The university is home to world-class libraries, arts, music, drama, and sports, as well as the highest quality medical care in Washington State and a world-class academic medical center. The teaching and research of the University’s many professional schools provide undergraduate and graduate students the education necessary toward achieving an excellence that will serve the state, the region, and the nation. As part of a large and diverse community, the University of Washington serves more students than any other institution in the Northwest.