Director Decision Support Jobs (NOW HIRING)

JOB SUMMARY

Under the direction of the CFO, the Finance/Decision Support Analyst performs at an advanced level all aspects of hospital/health care financial analysis, using knowledge of healthcare systems, data, reporting and project management to support clinical and administrative functions.

The analyst:

1. Manages multiple and simultaneous projects ranging from moderate to complex and effectively bringing projects to completion in a timely manner using a collaborative approach.

2. Works with administrative and clinical leadership to produce financial data and analyses needed for decision support

3. Exhibits a high level of attention to detail, a strong understanding of financial systems/processes and controls, and strong customer service and communication skills.

ESSENTIAL FUNCTIONS OF POSITION

Serves as liaison to hospital departments for matters related to hospital financial performance and budgets

Uses understanding of clinical operations to work with providers to build business plans for new programs

Compiles reliable data for board of trustees and foundation financial reports; works with department directors/VPs to present relevant financial data to boards on specific programs

Consistently analyzes and improves methodologies for profit/loss reporting and other decision support tools.

Works on hospital matters with UMMS corporate departments, including Accounts Payable, Revenue Advisory Services, and Compliance

Provides analysis and documentation for physician billing and contracting

Works with IT on system/operational matters to improve financial performance

Works with departments to define and produce regular and ad-hoc financial reports for decision support

Oversees internal audit processes in payroll, revenue, and other areas.

Works with clinical departments on charge master and revenue projects to assure complete and accurate billing, and compliance with state guidelines

Works with excellent customer service skills with all customers, including hospital leadership, clinicians, other employees and patients/families.

Manages annual budget process, working with department leaders and consolidating for hospital-wide review

Coordinates month-end close process, reviewing financial statements for correctness and completeness.

POSITION REQUIREMENTS

Educational Requirements

Bachelor's degree required; Master's degree preferred

Licensure, Certification and Registration

Work Orientation and Experience

Knowledge, Skills and Abilities

o Excellent oral and written communication skills

Other Requirements Specific to Assigned Area

None

Five years work experience in healthcare strongly preferred

Knowledge of health care financial environment and Maryland all-payer system and its implications for hospital revenue

Advanced knowledge of Microsoft Excel

Knowledge of operations and capital budgeting and expense tracking

Uses internet and variety of other sources for business development/market research

Knowledge of hospital information systems to provide data and analysis

Excellent customer relations skills

REPORTING RELATIONSHIPS

Supervision Received

Supervised by CFO

Supervision Exercised

None

INTERPERSONAL RELATIONSHIPS

Communicates daily in person or by telephone with hospital staff, patient families, regulatory agencies, and corporate offices

Must be able to handle sensitive situations in a professional manner

TOOLS/EQUIPMENT USED

Computer, telephone, calculator, facsimile, copier, and other office equipment

PHYSICAL ENVIRONMENT/WORKING CONDITIONS

General office setting little or no risk or exposure to bodily fluids, infectious waste, or blood borne diseases will be instructed in the proper use of personal protective equipment and specific protocols if assigned to duties where this may be of risk. Occasional local travel may be required.

This job description identifies the general nature and level of work to be performed. It is not to be considered an exhaustive list of responsibilities, duties or skills required of an incumbent. Reviewed 12/3/19 Updated 1/25/2021