Financial Analyst, SMH - University of Rochester

GENERAL PURPOSE: Responsible for generating and analyzing nursing performance measures, and presenting outcomes to the executive staff. Creates tools and reports to improve ability to manage department financial and operational activities through use of programming and in depth understanding of financial and operational administration. Able to analyze complex data, understand relationships among sources of information, and make independent assessments. Assists with preparation of operating budgets, and performs financial reporting and analysis across all activities for the Nursing department. Generate overall nursing budget presentation with assistance from Director of Finance Nursing Practice and Sr. Financial Analyst. Serve as the lead contact to troubleshoot and resolve agency issues with vendors. **SPECIFIC RESPONSIBILITIES:** Under the general direction of the Finance Director Nursing Practice SMH, conforming to URMC policies but retaining latitude for independent judgment and initiative: Report Maintenance and Data Analysis: + Interpret and analyze monthly performance metric data and statistics including but not limited to: + Salary expenses such as Orientation, Overtime + Non-salary expenses such as Employee Recognition, Medical Supplies, Travel & Conference, Events, and other expense as necessary + Create, maintain, and troubleshoot monthly reports such as: + Cost per Patient Day, Nursing Scorecards, Patient Day Report, Variance Report + Prepare and distribute weekly reports such as: + Traveler FTE and Productive FTE forecasts + Manage NDNQI submission process for nursing indicators such as: + Nursing Care Hours and Patient Days + Ad hoc analysis and reporting as needed Budget Planning & Fiscal Management: + Assist in preparing Nursing Practice Operating Budget under general direction of Finance Director Nursing Practice and Sr. Financial Analyst + Generate financial reports and expense projections to support budget processes + Assist in the preparation of business plans for new nursing units and incremental staffing requests for current units and departmental programs + Analyze nursing variances for FTE’s and salary costs monthly and work with nursing management on action plans. + Oversee the monthly attestation/reconciliation process for Nursing accounts under the guidelines of Nursing Practice audit policy + Includes management of high & low risk reconciliation processes, education & gift account reconciliation, as well as review of salary, benefit, revenue, and medical supply transactions Administration: + Serve as the lead representative for managing all business processes and reporting related to nursing Outside Agency usage including but not limited to: + PO management, processing invoices, preparing monthly accrual analysis + Tracking and distributing weekly, monthly, and annual reporting metrics on usage & expense + Maintain positive relationship and resolve issues with outside agencies Resource Support & Training: + Set up and teach financial workshops to nurse management on monthly fiscal responsibilities (such as variance analysis, transaction reconciliation, employee, reimbursement process and emergency capital requisition requests) + Serve as a resource to nursing departments related to UR Financials tasks and processes + Assist with presentations to nursing leadership and/or executive groups as needed, such as: + Nursing Leadership Orientation, New Nurse Manager Development Program, Assistant Nurse Manager Development Residency **REQUIREMENTS:** + Bachelor’s degree in Accounting or Business Administration and 4 years of related experience; or equivalent combination of education and experience. Experience in a healthcare setting working with clinical faculty and staff preferred. + Expertise in advanced Excel tools and/or database or dashboard management experience, strong analytical and problem-solving skills, and keen attention to detail. + Ability to use independent judgment and manage time and priorities effectively. + Strong interpersonal skills and professionalism. Experience with presentations and staff training preferred The University of Rochester is committed to fostering, cultivating, and preserving a culture of equity, diversity, and inclusion to advance the University’s mission to Learn, Discover, Heal, Create – and Make the World Ever Better. In support of our values and those of our society, the University is committed to not discriminating on the basis of age, color, disability, ethnicity, gender identity or expression, genetic information, marital status, military/veteran status, national origin, race, religion/creed, sex, sexual orientation, citizenship status, or any other status protected by law. This commitment extends to the administration of our policies, admissions, employment, access, and recruitment of candidates from underrepresented populations, veterans, and persons with disabilities consistent with these values and government contractor Affirmative Action obligations. **How To Apply** All applicants must apply online. _EOE Minorities/Females/Protected Veterans/Disabled_ **Pay Range** Pay Range: $58,800 - $82,300 Annually _The referenced pay range represents the minimum and maximum compensation for this job. Individual annual salaries/hourly rates will be set within the job’s compensation range, and will be determined by considering factors including, but not limited to, market data, education, experience, qualifications, expertise of the individual, and internal equity considerations._ Apply for Job + Careers + Sign In + New User **Location:** Strong Memorial Hospital **Full/Part Time:** Full-Time **Opening:** **Schedule:**