Job Details

Job Description

ECU Health

About ECU Health

ECU Health is a mission-driven, 1,708-bed academic health care system serving more than 1.4 million people in 29 eastern North Carolina counties. The not-for-profit system is comprised of 13,000 team members, nine hospitals and a physician group that encompasses over 1,100 academic and community providers practicing in over 180 primary and specialty clinics located in more than 130 locations.

The flagship ECU Health Medical Center, a Level I Trauma Center, and ECU Health Maynard Childrens Hospital serve as the primary teaching hospitals for the Brody School of Medicine at East Carolina University. ECU Health and the Brody School of Medicine share a combined academic mission to improve the health and well-being of eastern North Carolina through patient care, education and research.

Position Summary

As part of the Finance Operations team this role uses financial, operational, clinical, and strategic data to create models and analyses of an advanced and complex nature. Your primary responsibility is to create and interpret complex financial analyses and reports, aiding management in making strategic decisions. You'll handle various analytical tasks, including budgeting, business plan development, service line reporting, revenue analysis, and ad hoc projects. This role requires a solid understanding of financial and clinical data from multiple sources, along with the ability to synthesize information for effective organizational planning. You will be a bridge between Finance, Administration, and Operations, ensuring smooth communication across these departments.

Responsibilities

• Develops complex financial reports and analysis for senior management and external agencies. Presents reports to senior management or committees.
• Conduct detailed financial analyses, including service line reporting, cost/revenue assessments, business plan development and budgeting. These analyses will cover volume, reimbursement, payer mix, and operating costs.
• Assist in creating and maintaining reports for business operations and special projects to provide managers and directors with financial information to make strategic and operational decisions.
• Maintain communication with assigned department managers and administrative staff in the preparation and analysis of complex financial reports, to provide information and to resolve complex problems.
• Monitors and analyzes budget expenditures and prepares detailed reports and analysis on trends. Compiles budgetary and fiscal data received from assigned departments. Analyzes and evaluates departmental budget requests to prepare budgetary documents, reports and recommendations. Presents fiscal data of assigned departments at budget hearings. Advises senior leaders on budget trends and issues.
• Prepare and maintain monthly reports/dashboards to monitor key financial and operational metrics.
• Works in tandem with department heads, executive staff, and finance leadership in the development of the annual operating budget. Contributes to the capital budget development and identifies where capital projects have operating cost impacts.
• Serve as a liaison between Finance, Administration, and other hospital departments.
• Construct feasibility analyses, Pro Forma statements, and A3s using standard and advanced financial techniques. Proper calculation of volume, revenue, net revenue, and direct and indirect costs that are integral to the analysis. Works in concert with department leads in the development of these products.
• Present results in clear, actionable formats, often using data visualization tools. Work closely with requestors to ensure accurate interpretation of results.
• Serves as a department lead, mentoring and training lower level staff and assuming responsibility for the most complex budget and financial issues.

Minimum Requirements

• Bachelor's Degree or higher is required
• Minimum of 5 years experience in financial planning or analysis
• Excellent data analysis and computer skills particularly with Microsoft Excel
• Excellent analytical and customer problem resolution skills
• Possess strong people skills to effectively communicate with cross-functional teams including staff at all levels of the organization
• Ability to successfully negotiate and collaborate with others of different skill sets, backgrounds, and levels within and external to the organization
• Ability to effectively conduct meetings, both formal and informal
• Requires minimal direction from leadership and possesses the ability to learn quickly

Preferred Requirements

• Master's Degree Preferred.
  • If not a master's, minimum of 5 years experience in financial planning or analysis
  • If Master's, minimum of 3 years experience in financial planning or analysis

Other Information

• Hybrid role
  • Onsite every Monday, 8:00 a.m. - 5:00 p.m. ET
• Supports system's Labor Review Committee which is focused on labor optimization. Activities include program execution and continuous process improvement related to staffing to demand an achievement of productivity standards

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General Statement

It is the goal of ECU Health and its entities to employ the most qualified individual who best matches the requirements for the vacant position.

Offers of employment are subject to successful completion of all pre-employment screenings, which may include an occupational health screening, criminal record check, education, reference, and licensure verification.

We value diversity and are proud to be an equal opportunity employer. Decisions of employment are made based on business needs, job requirements and applicants qualifications without regard to race, color, religion, gender, national origin, disability status, protected veteran status, genetic information and testing, family and medical leave, sexual orientation, gender identity or expression or any other status protected by law. We prohibit retaliation against individuals who bring forth any complaint, orally or in writing, to the employer, or against any individuals who assist or participate in the investigation of any complaint.