Sr. Budget Analyst

New London, CT
Dec 19, 2018

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Job Description

To be part of our organization, every employee should understand and share in the YNHHS Vision, support our Mission, and live our Values. These values-integrity, patient-centered, respect, accountability, and compassion - must guide what we do, as individuals and professionals, every day.

EEO/AA/Disability/Veteran

Summary:
Apply critical business analytics and financial skills in the areas of patient care outcomes, access and cost. Work collectively with clinical operations and other key business partners to drive performance improvements. Involves daily communication and close collaboration with Information Systems, Financial Management, Operational and Clinical leaders. Position requires the ability to apply strong financial discipline and analysis across a wide variety and highly impactful clinical operations.

Responsibilities:
\u2022 Design and develop financial models from data mining and analytics.
\u2022 Use various software packages and Microsoft Excel to assemble data and generate accurate reports required.
\u2022 Build and leverage strong relationships with business partners to understand business drivers, uncover improvement opportunities and support accomplishment of action plans
\u2022 Employ \u201cbig data\u201d analytics and other advanced financial modeling skills in clinical and financial systems, along with strong Microsoft Excel skills, to complete analyses, reports and presentations.
\u2022 Conduct product analyses to include service line, product, patient, physician and diagnosis level performance in efforts to advance access, quality and lower cost.
\u2022 Conduct analyses on population management; medical costs; budget preparation and variance analysis; cost allocation and analysis; internal/external benchmarking; business case and pro-forma development.
\u2022 Conduct research and analysis of data including financial, patient, and disease management to assess the cost of care.
\u2022 Perform financial analysis of business units, projects and/or programs.
\u2022 Facilitate and support departmental annual budgeting process, forecasts and trend analysis, in collaboration with specific clinical leaders and areas of operations.
\u2022 Improving financial acumen across organization and help interpret financial transactions, support information users, and influence decision makers.
\u2022 Promotes the Health System\u2019s vision, mission and values in all of their dealings

Other information:

Education
Bachelor\u2019s degree in accounting, finance, business, or related field. MBA or similar advanced analytical education preferred.
Experience
Minimum of two to three (2-3) years experience required with prior experience in a healthcare environment preferred but not required. Experience creating dashboards for financial analysis, suggesting successful business decisions based on data analysis, and working with financial systems
Other
Must have advanced experience with \u201cbig data\u201d analytics, savvy with system informatics and extraction of data, possess outstanding financial and data manipulation skills, and command of supporting software/systems (Strata, EPIC, Meditech, Excel, etc\u2026).
Experience translating data into information and effectively communicating with business partners, management and senior leaders.
Excellent problem solving skills.
Comfort in working in a fast changing environment.
Interest in medical finance and economics. Understanding of hospital service line, product, patient and physician level performance reporting and data preferred. Possess an inquisitive nature.
Physical Requirements
Must be able to lift, push, pull up to 24 Ibs. Frequent sitting standing, walking, bending, driving and reaching required.

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Job Info

Job: 4354

Department: Budget Development
Category: Finance
Status: Full Time
Shift: DAYS
Hours: 40.00