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Job Information

University of Utah Financial Analyst in Salt Lake City, Utah

Open Date 03/03/2021

Requisition Number PRN25432B

Job Title Financial Analyst

Working Title Financial Analyst

Job Grade E

FLSA Code Administrative

Patient Sensitive Job Code? No

Standard Hours per Week 40

Full Time or Part Time? Full Time

Shift Day

Work Schedule Summary

VP Area U of U Health - Academics

Department 00224 - Internal Medicine Admin

Location Campus

City Salt Lake City, UT

Type of Recruitment External Posting

Pay Rate Range 39300 to 64000

Close Date

Open Until Filled Yes

Job Summary

The Financial Analyst position is a key role in fulfilling the expansive analytic needs of the Department of Internal Medicine. Working in a collaborative team environment this position will be responsible for supporting monthly, quarterly, and ad hoc reports. Representative data types include: provider productivity, patient access to care, operational efficiency, patient volume forecasting, and some financial metrics. Duties include driving operational improvements through communication and ownership of operational processes, improving reporting processes through rigorous data validation and standardization. Excellent communication, project management, and attention to detail are required.

Responsibilities

▪Prepares and interprets management information and other financial reports.

▪Analyzes financial documents, statistical data, historical data and presents to and interprets for management.

▪Analyzes trends and possible consequences.

▪Recommends and implements improvements that affect the department, physicians, providers, and clinics.

▪Support new product development.

▪Participate within a multidisciplinary team across multiple locations. Develop and maintain effective and collaborative working relationships with a wide variety of internal colleagues and customers.

▪Work with the analytics team to devise and implement strategies.

▪Provide data and financial analysis to support department, as well as hospital and health sciences management.

▪Perform program and operations analysis.

▪Implement and potentially lead performance improvement initiatives.

▪Assume ownership for working with appropriate groups to address challenges or resolve issues as needed.

Problem Solving

This position has the authority to independently determine the type and nature of analysis to be used to obtain the desired information or results, including data to be collected, analysis methods, presentation, format, and report structure.

Representative challenges of this position include organizing and prioritizing multiple projects, determining the best course of action or appropriate resources needed to complete the project or address a problem, obtaining valid data and creating clear and understandable reports that reflect the data being sought.

This job description is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to the job.

Work Environment and Level of Frequency typically required

Nearly Continuously: Office environment.

Physical Requirements and Level of Frequency that may be required

Nearly Continuously: Sitting, hearing, listening, talking.

Often: Repetitive hand motion (such as typing), walking.

Seldom: Bending, reaching overhead.

Minimum Qualifications

Bachelor’s degree in Business, Accounting, Healthcare Administration, or a related field or equivalency; plus two years of related experience. Also required are a thorough knowledge of established accounting principles and practices; spreadsheet and database skills; knowledge of statistics and demonstrated analytical,problem solving, human relation and effective communication skills required.

An advanced degree, such as a Master’s of Business Administration, is preferred. Certain positions may require familiarity with hospital billing systems, Medicare and insurance reimbursement regulations, etc.

Applicants must demonstrate the potential ability to perform the essential functions of the job as outlined in the position description.

Preferences

Candidate exhibits a thorough knowledge of database processes and functions including basic SQL knowledge, expertise with hospital and professional billing systems, detailed knowledge of spreadsheet skills, and common statistical analysis practices. Demonstrated experience in establishing working relationships with staff, vendors, and customers. Excellent communication skills, team relations, and time management skills. Knowledge of Epic systems, and business intelligence applications preferred.

Distinguished candidates will exhibit awareness of data collection processes (the gathering of data), information analysis (transformation of data to understand its meaning), and vision (the capacity, governance, and process to do something with the information).

This position is considered Category IIA : Not required on campus and has the ability to telework remotely for the duration of the University of Utah’s response to COVID -19. An employee hired into this role will be responsible for providing space, telephone, printing, networking and/or internet capabilities at the telecommute location and agree to the terms of the University of Utah campus and Health Academics COVID -19 Telecommuting Agreement.

Type Benefited Staff

Special Instructions Summary

Additional Information

The University of Utah is an Affirmative Action/Equal Opportunity employer and is committed to diversity in its workforce. In compliance with applicable federal and state laws, University of Utah policy of equal employment opportunity prohibits discrimination on the basis of race or ethnicity, religion, color, national origin, sex, age, sexual orientation, gender identity/expression, veteran’s status, status as a qualified person with a disability, or genetic information. Individuals from historically underrepresented groups, such as minorities, women, qualified persons with disabilities, and protected veterans are strongly encouraged to apply. Veterans’ preference is extended to qualified applicants, upon request and consistent with University policy and Utah state law.

To inquire about this posting, email: employment@utah.edu or call 801-581-2300. Reasonable accommodations in the application process will be provided to qualified individuals with disabilities. To request an accommodation or for further information about University AA/EO policies, please contact the Office of Equal Opportunity and Affirmative Action, 201 S. Presidents Cr., Rm 135, (801) 581-8365 (V/ TDD ), email: oeo@umail.utah.edu .

The University is a participating employer with Utah Retirement Systems (“URS”). Eligible new hires with prior URS service, may elect to enroll in URS if they make the election before they become eligible for retirement (usually the first day of work). Contact Human Resources at (801) 581-7447 for information. Individuals who previously retired and are receiving monthly retirement benefits from URS are subject to URS’ post-retirement rules and restrictions. Please contact Utah Retirement Systems at (801) 366-7770 or (800) 695-4877 or University Human Resource Management at (801) 581-7447 if you have questions regarding the post-retirement rules.

This position may require the successful completion of a criminal background check and/or drug screen.

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