Financial Analyst II
The Financial Analyst II is a hybrid role, serving as the key financial resource for the Labor Benchmarking Team. Provides financial research required to support the goals and goals of Baylor and Baylor Health Care System (BHCS).
Essential Functions Of The Role :
- Provides financial study support to administrators, department directors, and others as directed or required, to assist in the efficient and cost-effective operation of BHCS.
- Conducts external labor productivity benchmarking for hospital and clinic personnel to identify opportunities for optimization and cost-efficiency improvements.
- Collaborates with operational leaders to explain the benchmarking process, interpret results, and provide actionable insights to enhance productivity.
- Coordinates and manages the collection of relevant data from various sources, ensuring accuracy and completeness.
- Develops and maintains comprehensive reports and dashboards to communicate benchmarking results effectively to key stakeholders.
- Analyzes trends, patterns, and deviations in labor productivity data, highlighting areas for improvement and recommending strategies for enhancement.
- Prepares research and presents findings for any labor productivity changes.
- Provides ongoing budget vs. actual expense variance investigation through review of both standard reports and reports which have been developed specifically for the entity.
- Prepares verbal or written results of department operating efficiencies and presents / discusses them with management and others as required.
- Develops and produces ad hoc Management Reports as required / requested.
- Serves as liaison between the assigned area and Outcome Support Services and other finance areas of BHCS.
- Maintains professional growth through participation in educational programs and professional organizations and activities to maintain knowledge of current trends, practices, and developments.
- Conducts finance training / presentations for BHCS personnel as directed.
Key Success Factors :
Able to work independently and in a team environment.Able to communicate effectively.Able to collect, organize, analyze, and present data.Skilled in Microsoft Excel.Able to adapt to change and open to learn.Able to maintain a positive attitude.Skilled in problem solving.Able to prepare detailed work plans for the successful and timely completion of projects.Qualifications :
Education - Bachelor'sExperience - 3 Years of Experience