Job Description

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Summary:
The Financial Analyst- Nursing reports to the Sr. VP & CNO of Nursing. Under general supervision and within Hospital policies and procedures, provides support and consultation to the Department of Nursing in the areas of data retrieval, report generation, maintenance of statistics, and budgetary and financial analysis.

The Financial Analyst is expected to embrace Lifespan\xe2\x80\x99s mission of \xe2\x80\x9cDelivering health with care\xe2\x80\x9d and successfully role model Lifespan\xe2\x80\x99s values of Compassion, Accountability, Respect, and Excellence as these guide our everyday actions with patients, customers and one another.

Responsibilities:
Prepares financial, time and attendance, and quality data analyses for administrative and GME program directors, quality improvement staff, physicians, and other hospital managers.

Design and provide a monthly dashboard for Nursing Leadership (CNO/ACNO/Directors/CMs) to utilize in managing individual units and divisions to drive change and improve both quality and financial performance.

Partners with team members to analyze work flows design and improve processes and leverage the technology available. Identifies and understand issues, problems and opportunities. Works with senior analyst, analyst II, stakeholders and appropriate management to select and implement a course of action or develop an appropriate solution.

Serve as a consultant to nursing leaders for analyzing data, trends and best practices for driving change management. ( From email)

Prepares annual time and attendance report of all GME trainees in preparation for submission of the IRIS report to CMS.

Responsible for monthly affiliate billing for GME.

Responsible for payment of departmental invoices and other payments as appropriate.

Uses spreadsheets, relational databases, and other software which may require merging data from multiple sources, to enter, organize, and analyze data. Downloads information from a variety of sources to build and maintain databases for the department.

Analyzes financial and statistical data used in reports to determine accuracy. Investigates and resolves discrepancies or variances as appropriate.

Develops and prepares various standard and ad hoc reports for the department. Completes special analyses and projects as needed. Interprets, explains and clarifies financial and statistical data produced.

Assists in develop of standard reports for ongoing customer service needs. Helps maintain data integrity in systems by running queries and analyzing data. (From Business analyst JC 50090)

Develop a standardized reporting structure for monthly variance reporting and assisting with interpreting staffing models and identify opportunities for improvement. (From email)

In consideration of the purpose and audience, determines appropriate presentation format, develops and consolidates materials and information into graphs, charts, tables, PowerPoint slides, etc.

Provides operational analysis for the nursing division regarding staffing, census, CO use etc.

Assists Director in the creation of annual revenue and expense budgets. Provides monthly budget vs. actual expense reports and analysis.

Assist with budget development and business plan designs. (From email)

Performs other duties as assigned.

Other information:
BASIC KNOWLEDGE:

Bachelor\xe2\x80\x99s degree in finance, business, health care administration, or related field. Strong understanding of health care finance and hospital financial systems.

EXPERIENCE:

Two years\xe2\x80\x99 experience in a health care environment, with exposure to medical education and/or finance. Experience performing financial and quantitative analyses. Strong understanding of graduate medical education preferred. Proficiency in the use of microcomputers and a variety of spreadsheet and database applications, specifically Microsoft Office Word, Excel and Access. Knowledge and ability to download and merge information from a variety of sources.

WORK ENVIRONMENT AND PHYSICAL REQUIREMENTS:

Work is performed in a typical office environment requiring extended periods of sitting. Visual acuity to view computer screen for long periods of time and finger dexterity to enter data on a computer keyboard.

SUPERVISORY RESPONSIBILITY:

None.

Lifespan is an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, ethnicity, sexual orientation, ancestry, genetics, gender identity or expression, disability, protected veteran or marital status. Lifespan is a VEVRAA Federal Contractor.

Location: Rhode Island Hospital, USA:RI:Providence

Work Type: Full Time

Shift: Shift 1

Union: Non-Union

Lifespan Health System