Senior Financial Analyst- 50505

NYC Health + Hospitals - New York, NY

Full-time

Empower Every New Yorker — Without Exception — to Live the Healthiest Life Possible

NYC Health + Hospitals is the largest public health care system in the United States. We provide essential outpatient, inpatient and home-based services to more than one million New Yorkers every year across the city’s five boroughs. Our large health system consists of ambulatory centers, acute care centers, post-acute care/long-term care, rehabilitation programs, Home Care, and Correctional Health Services. Our diverse workforce is uniquely focused on empowering New Yorkers, without exception, to live the healthiest life possible.

Job Description

This Senior Financial Analyst position sits within Central Office Budget, and will oversee and perform essential tasks related to the financial planning, implementation and monitoring of central office and facility-based initiatives for Health + Hospitals core healthcare functions. First, s/he will be the primary point person within the division for a particular program or service area, including expense, revenue, policy and operations. Potential service areas for this position include care management, post acute care services, and behavioral health. S/he will liaise with project owners and/or various finance staff, and develop reports for senior leadership. Second, s/he will track and support budget development, implementation, and ensure appropriate follow-through steps are taken. S/he will track and trouble-shoot any financial challenges to new program development and implementation, develop and monitor appropriate metrics, and track the value of ongoing initiatives. This position will liaise with other Central Office Divisions and external oversight agencies. She/he will need to become well-versed in Health + Hospitals full breadth of operations and initiatives, including clinical growth strategies, value-based payment, revenue improvement efforts, and operational efficiencies. S/he will also be expected to support and assist facilities and other departments in the development of financial models for specific proposals and initiatives.

This position has great potential for learning and development, exposure, and advancement.

Responsibilities Include:

  • Develop and review financial models as necessary using advanced Excel functionality.
  • Gather data, conduct analysis and prepare ad hoc analytic data reports in response to requests from upper management.
  • Coordinate with various departments to track Health + Hospitals investments, reporting and tracking expenses, revenues, and operations.
  • Collaborate with different central and facility offices to track metrics and ensure H+H is achieving Financial Plan goals.
  • Gather data, conduct analysis and prepare ad hoc analytic data reports in response to requests from upper management.
  • Manage special assignments that address system growth, clinical improvements, and financial planning projects.
  • Develop an expertise of community and facility-based care management initiatives, including existing as well as proposed programs.
  • Oversee and monitor various programs, including Community Care, PACS, inpatient service lines, and Behavioral Health to ensure H+H is maximizing growth and reimbursement potential.
  • Understand and keep abreast of proposed or enacted internal policy changes, budget changes or practices that impact H+H service expenses and/or revenue.
  • Prepare reports and presentations, variance analyses, and budget modifications.
  • Develop business plans and review plans in progress to optimize program budgets.
  • Create reports that present data in a variety of ways for a variety of audiences.
  • Other related duties, as required.

Key Accountabilities:

  • Timely background and research on assigned projects, including gathering data/materials from the senior staff and/or other subject matter experts.
  • Prepare professional presentations, data graphics and other materials.
  • Maintain and report on the status of projects and initiatives. Understand delays and project gaps, recommending solutions to ensure milestones and timelines are meet.
  • Brief Finance Leadership on emerging issues and, where needed, recommend solutions.
  • Foster positive working relationships between the CFO’s office and other executive offices to ensure coordination and alignment.
  • Work cooperatively with the senior staff and promote inter-departmental coordination and communications.

Minimum Qualifications

1. A Master's degree in public administration or business administration, or in an equivalent or equally acceptable program, and four (4) years of satisfactory, full-time paid experience in a major governmental agency or large corporation or foundation in management analysis or in operational direction, planning, coordination or control of which two (2) years must have been in a supervisory, administrative or consultative capacity; or
2. A Baccalaureate degree from an accredited college or university and five (5) years of experience as stated in #1 above of which three (3) years must have been in a supervisory, administrative or consultative capacity; or
3. A satisfactory equivalent, however, all candidates must possess not less than the two (2) years of supervisory, administrative or consultative experience required. Four (4) years of appropriate general experience may be substituted for a Baccalaureate degree requirement. Appropriate full-time teaching experience in an accredited college or university may be substituted on a year-for-year basis for the required general experience and appropriate full-time teaching experience in a position of professional rank may be substituted on a year-for-year basis for the required supervisory, administrative or consultative experience.

Department Preferences

Preference will be given to qualified applicants with:

  • Advanced MS Excel skills with ability to build and maintain complex financial models.
  • Strong analytic capabilities.
  • Healthcare delivery system experience.
  • Working understanding of federal and state healthcare initiatives and regulations, including the DSRIP Program and/or value based payment methodologies.
  • Superb listening skills and ability to build trust quickly.
  • Demonstrated ability to work well with internal and external constituents, at every level of an organization.
  • Ability to prioritize responsibilities, handle multiple projects simultaneously and delegate responsibilities when appropriate.
  • Ability to work well under the pressure of deadlines and the stress of undertaking multiple projects at one time.
  • Ability to distill complex issues into simple, coherent ideas.
  • Excellent interpersonal skills, with proven ability to forge and deepen effective working relationships across a broad set of stakeholders.

Job Type: Full-time

Experience:

  • relevant: 4 years (Required)
  • Supervisor: 2 years (Required)

Education:

  • Bachelor's (Required)