General Information
Job Description | FINANCIAL ANL 3 | Working Title | Clinical Financial Analyst-UCR Health |
---|---|---|---|
Job Code | 007709 | Grade | 22 |
Department Name | Clinical Affairs Dept - D02007 | Department Head | Maria Aldana |
Supervisor | Anthony Simmons | Effective Date | 10/16/2023 |
Position(s) Directly Supervised
Job Code | Title | FTE |
---|
Generic Scope
Experienced professional who knows how to apply theory and put it into practice with in-depth understanding of the professional field; independently performs the full range of responsibilities within the function; possesses broad job knowledge; analyzes problems/issues of diverse scope and determines solutions. |
Custom Scope
Uses skills as a seasoned, experienced professional with a full understanding of industry practices and organizational policies and procedures; resolves a wide range of issues in imaginative as well as practical ways. Works on problems of diverse scope where analysis of data requires evaluation of identifiable factors. Demonstrates good judgment in selecting methods and techniques for obtaining solutions. Contacts are both internal and external to the department. |
Department Custom Scope
The Clinical Financial Analyst will provide complex administrative and financial support to the UCR School of Medicine clinical enterprise, UCR Health. Under general supervision this position conducts forecasting, works on budgeting, general ledger support, pro-formas, and financial reporting. Uses patient-level financial and clinical data and analysis to inform the clinical enterprise operational, financial and strategic decision-making. Includes the development of a case-based operating budget for patient volume, detailed utilization projections and gross revenue. Oversees the service line profitability reporting, the cost accounting system, and the decision support system integration of clinical and financial data in a patient-centric repository. Provides for the measurement and benchmarking of business operations in relation to best business practices for the healthcare industry and internal business objectives. The incumbent ensures that leadership is provided high-quality, efficient, responsive and responsible budget administration services. In addition, the incumbent will provide overall financial planning support to assigned SOM leadership. Performs complex budget/resource analysis, including retrieving data from campus information systems/electronic medical record, organizing and validating data, and preparing reports. Participates in developing annual financial plans for the school and clinical enterprise. This is a new position and the incumbent will be instrumental for developing the structure and foundation for the essential functions of the position. |
Education & Experience Requirements
Education Requirements
Degree | Requirement |
---|---|
Bachelor's degree in related area and/or equivalent experience/training. | Required |
Bachelor degree in a financial business administration, health services. | Preferred |
Master's degree in a related field. | Preferred |
Experience Requirements
Experience | Requirement |
---|---|
Experience with provider productivity when reviewing patient visits and relative value units (RVU's). | Required |
Exepreince working with an enterprise wide financial reporting system, like PeopleSoft. | Preferred |
4 - 7 years of related experience. | Required |
Directly related experience in forecasting, budgeting, analysis, general ledger, proformas, and reporting in a medical healthcare setting. | Required |
License Requirements
Certification Requirements
Certification | Requirement |
---|
Educational Condition Requirements
Condition | Requirement |
---|---|
A total of eight (8) years of directly related experience can substitute for the bachelor degree requirement. | Required |
Key Responsibilities
Description | % Time |
---|---|
Provides analytical support for complex budget, financial, or resource analysis projects.
|
30 |
Provides department support in the areas of business process analysis and design, system or procedure testing and implementation, documentation, security, workflow, and customer feedback.
|
20 |
Gathers information, analyzes, prepares and summarizes recommendations for financial and/or resource plans, including annual resource allocation approaches, trended future requirements, operating forecasts, sources and uses, etc. Examples include generating, modifying, and conceiving of new financial or other resource reports, or analyzing and forecasting staff/faculty salary budgets, contracts, grants, gifts, endowments, or user fees.
|
20 |
Coordinates and implements department budget allocations, conceives of and maintains department chart of accounts or other data management tools, and related business processes.
|
15 |
Performs complex financial or resource research and studies for a variety of internal department constituents. | 5 |
May train staff and where appropriate, creates an effective team environment. | 5 |
Ensures that the appropriate internal controls are addressed, maintained and strengthened to protect University resources. | 5 |
Knowledge, Skills & Abilities
Knowledge/Skill/Ability | Requirement |
---|---|
Proven interpersonal skills with peers throughout the organization; service orientation; critical thinking; attention to detail; ability to multi-task in a high volume environment, organizational skills. | Required |
Ability to function as a member of a team. | Required |
Must possess in depth knowledge of provider reimbursement terms and concepts. | Required |
Ability to adapt to changing priorities. | Required |
Thorough knowledge of finance policies, practices and systems. | Required |
Has ability to independently gather required information, organize, and perform financial analysis assignments. | Required |
Thorough knowledge of issues in clinical finance, planning, financial data management, and business development. Skills to effectively utilize the tools to produce meaningful findings and actionable intelligence. | Required |
Proven ability to work with senior staff and managers across departments, serving as a technical resource in decision support, and providing recommendations and advice on decision support processes, business and financial issues, and industry trends and advances. | Required |
Proven ability to use spreadsheet and database software for complex financial analysis, fiscal management and financial reports. | Required |
Strong written and verbal communications skills, with the ability to interpret and convey complex technical and financial information in a clear, concise manner, and to make cogent presentations of analyses, reports, and investigation results. | Required |
Ability to present information in a clear and concise manner both in writing and verbally. | Required |
Thorough knowledge and understanding of internal control practices and their impact on protecting University resources. | Preferred |
Special Requirements & Conditions
Special Condition | Requirement |
---|
Other Special Requirements & Conditions
|
Level of Supervision Received
General Supervision |
Environment
Working Environment
Primarily located in an office setting; on occasion may have meetings in a clinical environment. |
Other Requirements
Items Used
|
Physical Requirements
|
Mental Requirements
|
Environmental Requirements
|
Critical Position
Is Critical Position: Yes |