Senior Business Analyst, Purchasing Collaborative

Discover Vanderbilt University Medical Center:  Located in Nashville, Tennessee, and operating at a global crossroads of teaching, discovery, and patient care, VUMC is a community of diverse individuals who come to work each day with the simple aim of changing the world. It is a place where your expertise will be valued, your knowledge expanded, and your abilities challenged. Vanderbilt Health recognizes that diversity is essential for excellence and innovation. We are committed to an inclusive environment where everyone has the chance to thrive and where your diversity of culture, thinking, learning, and leading is sought and celebrated. It is a place where employees know they are part of something that is bigger than themselves, take exceptional pride in their work and never settle for what was good enough yesterday. Vanderbilt’s mission is to advance health and wellness through preeminent programs in patient care, education, and research.

Organization:

SC Collaborative

Job Summary:

JOB SUMMARY
Vanderbilt Health Purchasing Collaborative. Responsible for analyzing financial and business data and offering detailed analysis, solutions, savings projections, and other aggregated volumes that can be acted upon by a wide range of healthcare members. Partner with others in the organization to interpret and manage financial and business reports in an effort to identify areas for improvement and document recommended changes. Monitor and maintain both budget and process data and provide updates to senior management on current trends and projections. Understand business problems and opportunities in the context of requirements and recommend solutions that enable the organization to achieve its goals.

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KEY RESPONSIBILITIES

Vanderbilt Health Purchasing Collaborative

• Develop communications such as PowerPoint presentations, proposals, policies and procedures, and business summaries to enhance and support strategic or operational plans.
• Perform financial and business process analysis, draws conclusions, and makes recommendations to leadership.
• Apply process improvement methods applicable to the field and designs plans for implementation.
• Analyze trends affecting budget/accounting needs and recommend procedural changes as needed.
• Analyze and review financial data and prepare financial statements and reports.
• Participate in calculation, validation and updating of cost saving initiatives.
• Develop budget and forecasting models that analyze the overall business plan. Manage and prepare budgets based upon current standards and provide regular updates.
• Research current challenges and trends in the field and brings information and recommendations back to leadership for consideration.
• Researches business problems and quickly understands the issues and data challenges of organization.
• Inform and advise managers and other key stakeholders of financial issues and matters as appropriate.
• Analyze proposed plans and policies, as well as new programs, to determine costs. Makes appropriate recommendations to management in order to strengthen business controls, improve operations, and/or reduce costs.
• Develop programs or queries to retrieve and analyze data for projects, program, or reports.
• Apply statistically sound analytic methods within program and projects.
• Gather data using data mining techniques and tools, analyze information, develop conclusions, communicate recommendations clearly and work effectively with others on a team.
• Effectively translate complex data and analyses to all levels within the organization.

TECHNICAL CAPABILITIES

Our professional administrative functions include critical supporting roles in information technology and informatics, finance, administration, legal and community affairs, human resources, communications and marketing, development, facilities, and many more.

At our growing health system, we support each other and encourage excellence among all who are part of our workforce. High-achieving employees stay at Vanderbilt Health for professional growth, appreciation of benefits, and a sense of community and purpose.

Core Accountabilities:

Organizational Impact: Independently delivers on objectives with understanding of how they impact the results of own area/team and other related teams. Problem Solving/ Complexity of work: Utilizes multiple sources of data to analyze and resolve complex problems; may take a new perspective on existing solution. Breadth of Knowledge: Has advanced knowledge within a professional area and basic knowledge across related areas. Team Interaction: Acts as a "go-to" resource for colleagues with less experience; may lead small project teams.

Core Capabilities<