Financial Planning & Analysis Analyst III (Medical Financial Operations)

This is an onsite position and requires regular in-person attendance. This individual contributor position is responsible for serving as a financial and operational consultant for a portfolio of medical center administrative, ancillary, inpatient, primary, and/or specialty care departments under the guidance of more senior staff.

This includes providing operational and financial reporting, analysis, and consultation in support of organizational strategic goals; providing resource allocation support including business case development; and collaborating with clinical department leadership to drive operational excellence through influence, analysis, interpretation, and data validation.

This position requires maintaining and leveraging an understanding of health care operations and KP's integrated health care model at the clinical level. This may include interpreting large volumes of complex data (e.g., medical records, financials); providing detailed operational data to evaluate performance improvement initiatives; programming and conducting statistical analyses (e.g., SAS, SQL) to drive data-driven decision-making; and conducting research and/or preparing detailed business cases in partnership with department leaders.

Finally, this position is responsible for leveraging a breadth of operational knowledge to assess and evaluate department operations and workflows. This includes identifying opportunities to optimize efficiencies in regard to appointment supply and demand; applying data modeling concepts to financial and non-financial scenarios; and developing and maintaining complex staffing models used for department and medical center operations.

• Pursues effective relationships with others by proactively providing resources, information, advice, and expertise with coworkers and members. Listens to, seeks, and addresses performance feedback; provides mentoring to team members.
• Pursues self-development; creates plans and takes action to capitalize on strengths and develop weaknesses; influences others through technical explanations and examples.
• Adapts to and learns from change, challenges, and feedback; demonstrates flexibility in approaches to work; helps others adapt to new tasks and processes.
• Supports and responds to the needs of others to support a business outcome.
• Completes work assignments autonomously by applying up-to-date expertise in subject area to generate creative solutions; ensures all procedures and policies are followed.
• Collaborates cross-functionally to solve business problems; escalates issues or risks as appropriate; communicates progress and information.
• Supports, identifies, and monitors priorities, deadlines, and expectations.
• Identifies, speaks up, and implements ways to address improvement opportunities for the team.
• Supports the evaluation of the business environment by conducting financial assessments and generating reports summarizing business, financial, or economic data.
• Completes costing activities by identifying cost avoidance and cost recovery opportunities.
• Supports improving financial performance by identifying financial trends; using results of analyses; and calling attention to operational issues that need to be addressed.
• Supports business modeling by developing best-practice models; analyzing risk alternatives; and developing what-if scenarios and forecasts.
• Supports reporting of region/business unit financial information by evaluating financial trends, data analysis reports, and forecasts of income and expense.
• Supports assessment of the business vision, objectives, and strategic initiatives by conducting research to assess financial impact.
• Creates budgets and/or forecasts under the guidance of others in accordance with business strategic initiatives.
• Evaluates performance/operations/financial state by using and implementing templates and computer applications; conducting complex financial analyses; and completing complex variance analysis.
• Supports internal and external audits by assisting with preparation of audit schedules and review of audit results.
• Supports field operations by analyzing their operational/financial performance.
• Supports Financial Statement Analysis of business partners by using software systems, annual reports, and/or interviews.
• Supports others in advising region/business unit leaders on strategic fiscal matters by preparing regular and special reports.
• Supports strategic financial planning by performing and evaluating financial, utilization, and benchmark analytics.
• Gathers and prepares recommendations for financial plans, acquisition activity, financial requirements, and operating forecasts.

• Bachelor's degree in finance, business, or related field and a minimum of three (3) years of Financial Planning & Analysis experience, or directly related business experience. Additional equivalent work experience in a directly related field may be substituted for the degree requirement.

• One (1) year of finance experience working in a medical center or clinical setting.
• One (1) year of experience consulting or working directly with clinical health care leadership.