Nationwide Children's Hospital

  • Sr. Financial Analyst - Budgeting & Financial Analysis

    Posted Date 4 months ago(8/10/2018 3:16 PM)
    Requisition ID
  • Overview

    The Sr. Financial Analyst is an individual who is responsible for collecting, analyzing, and summarizing the financial implications of clinical practice. The Analyst develops conclusions and recommendations regarding historical, on-going, and prospective aspects of hospital operations, with a strong, future-oriented focus on the information needs of management in carrying out decision making responsibilities. This person should possess excellent analytical skills with a clear, practical understanding of the needs of both clinical and financial users. This individual will be instrumental in the development and maintenance of accurate procedure level cost information and will apply their knowledge of cost accounting principles to budgeting and case mix reporting for management decision making purposes.



    Why Nationwide Children's?

    The moment you walk through our doors, you can feel it. When you meet one of our patient families, you believe it. And when you talk with anyone who works here, you want to be part of it, too. Welcome to Nationwide Children’s Hospital, where Passion Meets Purpose.

    Here, Everyone Matters. We’re 12,000 strong. And it takes every single one of us to improve the lives of the kids we care for, and the kids from around the world we’ll never even meet. Kids who are living healthier, fuller lives because of the knowledge we share. We know it takes a Collaborative Culture to deliver on our promise to provide the very best, innovative care and to foster new discoveries, made possible by the most groundbreaking research. Anywhere.

    Ask anyone with a Nationwide Children’s badge what they do for a living. They’ll tell you it’s More Than a Job. It’s a calling. It’s a chance to use and grow your talent to make an impact that truly matters. Because here, we exist simply to help children everywhere.

    Nationwide Children’s Hospital. A Place to Be Proud.


    1. Focus on the development and analysis of information used in the decision making process, providing effective, meaningful feedback to managers charged with directing and controlling operations in order to facilitate both short and long term strategic initiatives.

    • Develop accurate and timely information used in analyzing current operations, problem resolution, and decision making.  Gather, summarize, and report on cost benefit data that can be measured and used as input to strategic decision making.


    2. Serve as a financial resource regarding the use and development of the Allscripts EPSi Financial Decision Support System:

    • Work extensively with clinicians, educating them regarding the availability and use of case mix, budgeting, and cost accounting information.
    • Assist managers and clinicians in the planning and business development process.
    • Assist clinicians in the ongoing analysis of clinical practice patterns, including the review of cost reduction opportunities as well as clinical pathway development.


    3. Assist with the organization and coordination of the annual capital and operating budgets.

    • Develop and educate managers and on budget processes
    • Coordinate departmental support of budgeting efforts


    4. Organize the development of cost accounting and budgeting data in the Allscripts EPSi system, including:

    • File Extracts and Building? Data Validation and Enhancement
    • Data Integrity Issues


    5. Champion the development of financial structures within the Allscripts EPSi system, which includes file building, data validation, process development, and financial reporting.

    • Develop a knowledge of the content and structure of the transactional system applications that provide data to the Allscripts EPSi system. Continually review these systems for refinements.


    6. Provide guidance on the use of the Allscripts EPSi system as an 'expert-user', by promoting system benefits throughout the organization.


    7. Champion the development of Key Performance Indicators used to measure the efficiency of resource expenditures as well as the effectiveness of hospital operations.


    8. Assist with the ongoing analysis of information systems and data integrity issues and activities.


    • Bachelor's Degree in Business, Accounting, or Finance. CPA, MBA, or MHA preferred.
    • Five to seven years' experience in related functional area.
    • Experience in a healthcare environment preferred, with expertise on clinical financial analysis and cost accounting methodologies.
    • One to four years' experience in project management.
    • Demonstrated interpersonal and communication skills needed to rapidly establish credibility and rapport with all levels of hospital management and staff.
    • Must demonstrate ability to effectively manage confidential matters and exhibit diplomacy and tact in presentation of sensitive materials.
    • Highly motivated and flexible, with a clear, practical understanding of extended hours needed to meet departmental and organization objectives.




    Typing on computer Constantly (67-100%)Using phone Frequently (34-66%)

    Sitting Frequently (34-66%)

    Standing Occasionally (0-33%)

    Lifting Occasionally (0-33%)

    Walking Frequently (34-66%)


    The above list of duties is intended to describe the general nature and level of work performed by individuals assigned to this classification. It is not to be construed as an exhaustive list of duties performed by the individual so classified, nor is it intended to limit or modify the right of any supervisor to assign, direct, and control the work of employees under his/her supervision.


    EOE M/F/Disability/Vet


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