Financial Analyst - Financial Planning, Analysis & Budgets

Financial Analyst - Financial Planning, Analysis & Budgets

NYU Langone Health is a fully integrated health system that consistently achieves the best patient outcomes through a rigorous focus on quality that has resulted in some of the lowest mortality rates in the nation. Vizient Inc. has ranked NYU Langone the No. 1 comprehensive academic medical center in the country for three years in a row, and U.S. News & World Report recently placed nine of its clinical specialties among the top five in the nation. NYU Langone offers a comprehensive range of medical services with one high standard of care across 6 inpatient locations, its Perlmutter Cancer Center, and over 320 outpatient locations in the New York area and Florida. With $14.2 billion in revenue this year, the system also includes two tuition-free medical schools, in Manhattan and on Long Island, and a vast research enterprise with over $1 billion in active awards from the National Institutes of Health.

Position Summary : We have an exciting opportunity to join our team as a Financial Analyst - Financial Planning, Analysis & Budgets. In this role, the successful candidate will work closely with the Assistant Manager Data Solutions to support the department of Financial Planning, Analysis, and Budgets through model development, process enhancement, and providing other solutions to complex data-driven tasks. This position is situated within the departments central clinical budget group but will also assume responsibilities and extend support to other budget teams within the department. The analyst will assist primarily with maintaining, enhancing, and expanding a portfolio of python scripts, which perform modeling, forecasting, corporate budgeting, and operations functions. A successful analyst will have a curious, self-teaching mindset, an aptitude for breaking down problems and processes, and will be comfortable programming in an agile environment.

Job Responsibilities :

• Along with the Assistant Financial Data Manager, take ownership of the utilization and design of the teams portfolio of Python scripts.
• Translate continuously evolving business needs into precise code / model adjustments.
• Refactor code to increase clarity and sustainability.
• Assist in the annual development of the hospital patient revenue budget model, by integrating volume and payor-mix assumptions from business unit leaders, scheduled payor rate adjustments, etc.
• Monitor targets on the daily finance dashboard, to promptly identify and explain irregularities.
• Maintain the year end forecast model by refreshing inputs, updating methodology assignments, etc.
• Investigate patterns in clinical reimbursement, to understand and improve budgeted rate assumptions.
• Improve department operations by acting as a technical resource for large scale data manipulation, modeling, process design, and automation.
• Confer with Decision Support team members to leverage their knowledge of patient encounter data, to optimize its usage in budgeting, forecasting, and variance analysis.
• Work with administrators in IT to improve the speed and flexibility of team access to databases.
• Contribute to special projects, reporting, and ad hoc analyses as needed.

Minimum Qualifications : To qualify you must have a Bachelor Degree in Business, Accounting, Finance, or related field, with 1-3 years relevant work experience, or an equivalent combination of education and experience. Superior communication skills, both written and verbal. Possess strong customer service and problem solving skill sets.

Qualified candidates must be able to effectively communicate with all levels of the organization. NYU Langone Health provides its staff with far more than just a place to work. Rather, we are an institution you can be proud of, an institution where you'll feel good about devoting your time and your talents.

At NYU Langone Health, we are committed to supporting our workforce and their loved ones with a comprehensive benefits and wellness package. Our offerings provide a robust support system for any stage of life, whether it's developing your career, starting a family, or saving for retirement. The support employees receive goes beyond a standard benefit offering, where employees have access to financial security benefits, a generous time-off program and employee resources groups for peer support. Additionally, all employees have access to our holistic employee wellness program, which focuses on seven key areas of well-being : physical, mental, nutritional, sleep, social, financial, and preventive care. The benefits and wellness package is designed to allow you to focus on what truly matters. Join us and experience the extensive resources and services designed to enhance your overall quality of life for you and your family. NYU Langone Health is an equal opportunity employer and committed to inclusion in all aspects of recruiting and employment. All qualified individuals are encouraged to apply and will receive consideration. We require applications to be completed online.

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NYU Langone Health provides a salary range to comply with the New York state Law on Salary Transparency in Job Advertisements. The salary range for the role is $67,771.14 - $84,270.00 Annually. Actual salaries depend on a variety of factors, including experience, specialty, education, and hospital need. The salary range or contractual rate listed does not include bonuses / incentive, differential pay or other forms of compensation or benefits.

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