Manager of Financial Performance Analytics

5 hours ago

Fairfax, United States Inova Health System Full time

The Manager of Financial Performance Analytics is accountable for managing a specialized financial analytics team to develop reports and tools through advanced data analysis, modeling, decision support and insights to drive outcomes for optimizing the financial performance of our health system. Oversees how decision support systems will provide the information required to make effective and efficient business decisions and translate requirements into applications that employ appropriate decision support and reporting tools. Maintains effective and responsive relationships with and serves as department liaison to multiple customers in a matrixed environment.

Job Responsibilities:

  • Designs and develops robust analytical solutions in collaboration with the BI team to drive financial excellence and efficiency.
  • Directs the design and implementation of financial trend analyses, comparative performance and program evaluations related to improved financial outcomes, efficiency, and effectiveness.
  • Continuously develops an understanding of the systems, processes, data, and industry standards that support the Acute and Ambulatory Finance divisions and enable the transformation of Inova's data-driven culture.
  • Partners with leadership to enhance information speed and transparency to drive data fluency, and quick and accurate decision-making processes.
  • Manages the identification, planning, and execution of improvements based on the needs that directly affect enterprise key metrics for operational efficiency.
  • Coordinates with system office, ambulatory, hospital, and service line leadership to understand long-term vision and evaluate operations data to identify trends and patterns to meet and exceed client's expectations.
  • Mentors team members to be representatives and subject matter experts in the analysis, integrity, and presentation of data.
  • Ensures timely and accurate completion of work by the team and realigns priorities as needed.
  • Manages and leads how decision support systems will provide the information required to make effective business decisions and translate requirements into applications that employ appropriate decision support and reporting tools.
  • Acts as liaison and resource to system analytics, continuous improvement, project management, patient experience, quality, clinical enterprise, and service line leadership for initiatives that will directly affect strategic, financial, and operational goals.
  • Manages the use and incorporation of benchmarking tools and data sources for use in performance evaluation and improvement initiatives.
  • Oversees assigned department or functional area to ensure it is performing effectively, which may include but not be limited to, hiring and training team members, creating and implementing business strategies, managing the performance of team members, and delegating tasks.

Requirements:

  • Education: Bachelor's degree or 4 additional years of experience in lieu of degree
  • Experience: 5 years in Finance, Analytics, Informatics, or operational decision support and, 2 years in leadership role with demonstrated people and/or complex projects oversight
  • Preferred Skills and Experience:
    • Preferred experience in Ambulatory or Physician Enterprise Finance
    • Strata or other Cost Accounting experience
    • Expert level financial analysis skills
    • Expert level analytical skills, with advanced- to expert level skills in data visualization tools, Excel, and data modeling
    • Intermediate skills in Microsoft Office (Word, PowerPoint, Epic Cubes, Power BI)

This position is eligible for remote work for candidates residing in the following states - AL, AZ, DC, DE, FL, GA, KY, ME, MD, MO, NC, OH, PA, SC, TN, TX, UT, VA, WV.

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