Financial Planning & Analysis, Senior Analyst

Job Type Full-time Description

 The Financial Planning and Analysis Senior Analyst supports Salud’s mission by examining financial data and producing relevant analysis, reports, and presentations to support the leadership team and participates in cross-departmental projects to improve operations. This position assists in identifying trends, performing statistical analysis, uncovering correlations and patterns to streamline financial operations, and supports the strategic plan of the organization. As an individual contributor, the Financial Planning and Analysis Senior Analyst reports to the Chief Financial Officer, provides strategic support to senior management, is a key member of the Finance team and works closely with the Data Analytics team. 

This position supports the organization’s mission, vision, and values through excellence and competence, collaboration, innovation, respect, commitment to our community, accountability, and ownership.

Duties and Responsibilities:

· Financial Analysis and Critical Thinking: Analyzes financial data, including income statements, balance sheets, and cash flow statements, to identify trends, variances, and potential risks. 

· Prepares financial models to support scenario analysis for union negotiations. Supports analysis and scenario planning for special projects, including cost/benefit analyses, access and productivity analyses, etc. 

· Reporting: Prepares detailed financial reports for senior management, including variance analysis, key performance indicators (KPIs), and productivity metrics; communicates and highlights important insights to inform decision-making. 

· Budgeting: Works with operational and clinical leaders to develop and monitor budgets, identifying areas for cost reduction and improvement; assists in reforecasting budgets, as needed. 

· Team Leadership: Works with the accounting, operational, clinical, and administrative teams to provide performance feedback and facilitate collaboration across the organization to improve key performance indicators (KPIs).

· Compliance: Ensures adherence to internal controls and regulatory requirements. 

· Process Improvement: Identifies opportunities to streamline reporting processes and implement efficiency improvements. Learns and leverages new technology to improve processes, as needed. 

· Data Integrity: Maintains accuracy of financial data by reviewing and reconciling accounts; learns all systems in Finance to support financial team, as needed. 

· Collaborates with Health IT, Medical, and Operations staff to develop financial reports and helps to ensure and improve validity and integrity.

· Creates financial reports using various BI tools to analyze data from existing databases, supporting strategic goals, financial stability, and trend monitoring.

· Maintains a schedule of financial reports to be run daily, weekly, monthly, quarterly, or yearly.

· Produces financial reports for UDS, HEDIS and other financial dashboards.

· Participates in a team focused on financial data optimization and quality. Duties may include auditing financial data or systems to identify defects and incomplete data, and working with staff to develop remediation paths. Audits the validity of data in the system by running other reports, checking against trends, and using other specified mechanisms.

· Works with clinic and billing management staff to maximize the quality of financial data.

· Participates in staff meetings to improve the strategic use of financial data as requested.

· In collaboration with Data Analytics, identifies and researches methods of collecting financial data to support performance improvement, and fiscal reporting that align with identified needs.

· Participates in ongoing training to stay updated with financial data analysis techniques.

· Adheres to and exceeds communication guidelines with internal and external customers.

· Communicates effectively by using welcoming words, proper tone of voice, appropriate body language, eye contact, and smiling in all interactions. Listens skillfully and displays a willingness and ability to acknowledge the needs, expectations, and values of patients and co-workers through reflective listening and empathy. Responds to co-worker and patient needs in ways that are helpful and beyond expectation.

· Performs other duties as assigned.

EMPLOYMENT STANDARDS:

Ability to: 

· Report, analyze and effectively communicate financial data to provide actionable insights to leaders. 

· Comprehend and interpret financial performance requirements and measure definitions accurately. 

· Research, prepare, and present financial reports that effectively convey key financial information.

· Work independently and as part of a team.

· Ensure the