Senior Analyst, Business Solutions and Operational Strategy

Department

BSD MED - Administration - Finance

About the Department

The Department of Medicine was the first department created when the medical school began over 110 years ago. It has evolved into the largest department not only in the medical school with over 300 full time faculty but is also the largest department in the University. The main missions of the Department of Medicine, scholarship, discovery, education and outstanding patient care, occur in a setting of multicultural and ethnic diversity. These missions are supported by exceptional faculty and trainees in the department.

The Department of Medicine also takes great pride in providing unparalleled, comprehensive and innovative patient care. The Department's clinical excellence is continually recognized by the highly regarded US News and World Report. Each of the Department's sub-specialty practices are recognized as programs of national, regional, and local distinction for our novel diagnostic and therapeutic patient care offerings.

The Department of Medicine has a long and proud history of research and discovery in the basic, clinical and translational sciences. Currently, the Department of Medicine is among an elite group of medical centers who are leading in the discovery and delivery of personalized medicine. Our impressive pool of talented researchers is renowned for bridging the bench to the bedside, and clinical research evaluations of new drugs and devices. The educational mission of the Department of Medicine is to train exceptional healers and the future leaders in academic medicine.

The Department is home to four top residency programs (Internal Medicine, Emergency Medicine, Dermatology and Medicine-Pediatrics) and twelve fellowship programs, including seven federally-funded training grants. Diversity of house staff and faculty is a key priority in our enterprise, both to cultivate leadership from underrepresented minorities and women and to reflect the ethnic and racial makeup of the patients we serve. Our trainees and faculty are recruited from top medical schools in the country.

Job Summary

Reporting to the Executive Administrator for the Department of Medicine (DOM) with matrix reporting to others, this person will build financial and data analytic capacity by independently learning current financial and related systems, optimizing available data/reports, independently identifying and quantifying opportunities, and developing new processes for improving the financial, productivity, quality, and other KPIs.

Conducts and directs financial research to advance decision-making and communication to critical stakeholders. Prepares statistical reports, analysis, presentations, and financial studies of the Section's financial situation. Devises approaches for improving the general level of strategic and analytical thinking in the Section. Assesses the current financial analytic capacity needed and existing and proposes plans for reducing the gap between the two.

Regularly works with a wide range of faculty and staff at all levels, including restricted and unrestricted financial and grant managers, fellowship program directors, etc., to communicate financial information and to assist with decision making. Designs and executes regular and ad hoc financial analysis, including forecasting, risk analysis, and evaluation of strategic options. Proactively identifies critical areas for attention and analysis.

Responsibilities

• Maintains and updates all recruitment data in Academic 360 through active partnership with every Section Administrator and Section Chief.
• Conducts FTE distribution, cFTE management, and template review exercises.
• Reconciles and reviews purchased service and joint venture agreements.
• Oversees management of IADF, discretionary accounts, and funds-flow reconciliation.
• Evaluates IADF and discretionary account management and funds-flow reconciliation.
• Manages purpose code and labor expense allocations and ensures proper cost attribution.
• Reviews and manages extra service pay submissions and identifies cost-saving opportunities.
• Develops and maintains data collection systems and dashboards to support the faculty compensation plan and other financial initiatives.
• Supports the development and distribution of robust financial, quality, productivity, and other key dashboards to Section Chiefs, Ambulatory Medical Directors, and Section Administrators.
• Executes quantitative and qualitative analyses to support decision-making and guide departmental initiatives.
• Analyzes financial statements, clinical and research revenue, and budget variances to identify opportunities for growth and efficiency.
• Conducts lookback and proforma analyses to evaluate recruitment and productivity assumptions.
• Evaluates