Financial Analyst

Description : Financial Advisor II

Must have experience with productivity and benchmarking.

JOB SUMMARY

The Financial Analyst II is a hybrid role and serves as the key financial resource. 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.

Conduct external labor productivity benchmarking for hospital and clinic personnel to identify opportunities for optimization and cost-efficiency improvements.

Collaborate with operational leaders to explain the benchmarking process, interpret results, and provide actionable insights to enhance productivity.

Coordinate and manage the collection of relevant data from various sources, ensuring accuracy and completeness.

Develop and maintain comprehensive reports and dashboards to communicate benchmarking results effectively to key stakeholders.

Analyze trends, patterns, and deviations in labor productivity data, highlighting areas for improvement and recommending strategies for enhancement.

Prepares research and presents and protects findings for any labor productivity changes

Provides ongoing budget vs. actual expense variance investigation through review of both standard reports and reports that have been developed specifically for the entity.

Prepares verbal or written results of study of department operating efficiencies and presents / discusses them with management and others as required.

Develops and produces Management Reports as required / requested.

Serves as a 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 for DHHA personnel as directed.

KEY SUCCESS FACTORS

The information contained in this job description is intended to describe the essential job functions required of those assigned to this job. It is not intended to be an exhaustive list of all responsibilities, duties, knowledge, skills, and abilities needed to perform the job. Please note that management retains the right to assign or reassign duties and responsibilities to this job at any time. The ability to competently perform all the essential duties of the position, with or without reasonable accommodation, demonstrated commitment to effective customer service delivery, integrity, and the ability to work productively as a member of a team or work group are basic requirements of all positions at Baylor Scott & White Health.

QUALIFICATIONS

EDUCATION - Bachelor's

EXPERIENCE - 3 Years of Experience