Sr., Financial Ops Analyst

Primary Purpose

Provides advanced financial support and consultation to Parkland operational leaders. Serves as a resource to Parkland leadership in the areas of financial management and operations support.

Minimum Specifications

Education

• Must have a bachelor's degree in accounting or finance.
• Master's degree in accounting, Finance, or related field preferred.

Experience

• Six (6) years' experience in healthcare financial management.
• Experience supporting operational departments.
• Budgeting and Forecasting.
• Strategic financial analysis.
• Working knowledge of financial systems.

Equivalent Education and/or Experience

• May have an equivalent combination of education and experience in lieu of specific education and/or experience as stated above.

Skills or Special Abilities

• Must have advanced working knowledge of accounting.
• Must have advanced computer skills, including spreadsheet, database management and word processing software.
• Must have experience working with major financial applications software.
• Must have strong tact and diplomacy skills, and the ability to communicate with all levels of employees to include executive management and physicians.
• Must have good oral and written communication skills.
• Must have proven organizational and time management skills.
• Maturity, professionalism, and high level of discretion are required.
• Must have a strong work ethic with a positive, proactive attitude.
• Requires advanced working knowledge of operating and capital budget processes.
• Possess ability to train and/or mentor new employees to Finance department/function.

Responsibilities

1. Serves as a lead resource person and acts as a representative to division staff and management concerning fiscal and budgetary matters or development, review, and revision of contractual agreements to ensure compliance with Parkland fiscal policies and directives.
2. Responsible for assuring the timely maintenance and distribution of all financial and statistical reports, account and cost center changes, Board contracts, calendars, listings, etc., to facilitate workflow and communication with division personnel.
3. Performs advanced analysis and participates in complex special projects, such as responding to specific requests for ad hoc reports, to provide technical and accounting expertise.
4. Assists in preparation of division's annual capital and operating budgets. Monitors actual results as compared to budget on a monthly basis to ensure fiscal responsibility. Revises budgets, as necessary.
5. Performs quarterly forecasting for the system and assists in the maintenance of the system for the rolling forecasting and financial planning modules.
6. Supports Patient Financial Services in review and correction of lag charges through consultation with operational leaders.
7. Reviews requests for FTE resources and other operational expenses and makes recommendations for the appropriate next steps.
8. Completes proformas/financial analysis in support of our strategic business development process.
9. Reviews variance reports and general ledger transactions of division cost centers. Analyzes the financial and statistical activities and performance of the division throughout the year to ensure fiscal accountability. Reports variances to finance leadership and division executives and staff as needed. Supports operational leaders in facilitating appropriate GL adjustments to accurately reflect financial performance.
10. Monitors and reconciles various expenditures such as capital equipment, material contractual arrangements, lease agreements, dues, memberships for the division. Facilitates processing and/or corrections, as necessary.
11. Assists division management in all capital expenditure processes. Monitors the timing and appropriateness of capital spending and updates forecasts, as necessary.
12. Supports our Foundation and collection of non-operating revenue through timely review and submission of eligible expenditures.
13. Completes monthly, quarterly, and annual surveys when due. Acts as a liaison to coordinate obtaining accurate data for use in surveys, and assures consistency and accuracy in the information, to ensure timely and accurate reporting. Maintains organized documentation to support submissions.
14. Serves as a lead resource person for Parkland management for design, development, and preparation of financial analyses, as requested.
15. Identifies ways to improve work processes and improve customer (internal as well as external) satisfaction. Make recommendations to supervisor, implements, and monitors results as appropriate in support of the overall goals and mission of Parkland.
16. Maintains knowledge of applicable rules, regulations, policies, laws, and guidelines that impact the Finance and Accounting areas. Develops effective internal controls that promote adherence to applicable state/federal laws, and the program requirements of accreditation agencies and federal, state, and private health plans. Seeks advice and guidance as necessary to ensure proper understanding.
17. Stays abreast of the latest developments, advancements and trends in Finance and Accounting by attending seminars or workshops, reading professional journals, and participating in professional organizations. Integrates knowledge gained into current work practices.
18. Responsible for the training and on-boarding of new department employees. Ensures training materials and/or documentation is kept current. Completes annual budget training and financial training to new leaders.
19. Works closely with the financial planning system administrator to ensure reports are available for operator use. Enrolls and completes classes in the system for financial and budgeting reporting. May serve as a backup to the system administrator during periods of absence.

Job Accountabilities

1. Identifies ways to improve work processes and improve customer satisfaction. Makes recommendations to supervisor, implements, and monitors results as appropriate in support of the overall goals of the department and Parkland.
2. Stays abreast of the latest developments, advancements, and trends in the field by attending seminars/workshops, reading professional journals, actively participating in professional organizations, and/or maintaining certification or licensure. Integrates knowledge gained into current work practices.
3. Maintains knowledge of applicable rules, regulations, policies, laws, and guidelines that impact the area. Develops effective internal controls designed to promote adherence with applicable laws, accreditation agency requirements, and federal, state, and private health plans. Seeks advice and guidance as needed to ensure proper understanding.