Financial Analyst - Financial Operations

The Medical College of Wisconsin, Inc.; Wisconsin; Hybrid; USD 70,000 - 100,000; Full time

Job summary

The Medical College of Wisconsin, Inc. is seeking a Finance Analyst to perform basic-to-complex financial analyses to support departmental operating budgets, provider productivity benchmarking, and forecasting models. This role includes ad hoc financial duties and presenting results to practice leadership.

Candidates should have strong Excel/PowerPoint skills, 5 years in healthcare finance, and the ability to translate data into actionable recommendations.

Qualifications

• Bachelor’s degree is required; minimum 5 years in healthcare finance or financial environment.
• MBA preferred; healthcare industry experience preferred.
• Strong analytical and problem-solving abilities.

Responsibilities

• Perform financial analysis and reporting to support practice leadership.
• Support business development and assessment of new opportunities.
• Identify opportunities for improving financial and business processes.
• Assist management with analysis and implementation of improvements.
• Support Provider Workforce Planning analytics.
• Maintain Affiliate Support Funds Flow model.
• Develop and review department and practice-wide budget initiatives.
• Prepare ad hoc requests.
• Oversee special projects.

Skills

Financial analysis

P&L analysis

Budgeting

Forecasting

Presenting to leadership

Excel

PowerPoint

Stakeholder management

Problem solving

Communication

Education

Bachelor’s degree

MBA preferred

Tools

Excel

PowerPoint

Job description

Summary

Performs basic-to-complex financial and business-related analyses to support departmental operating budgets and financial operations, provider productivity and benchmarking processes, business plans, forecasting models, and practice leadership. Ad hoc financial duties as assigned.

Primary Responsibilities

• Performs financial analysis, analyzes P&L statements, and prepares accurate and timely reporting to enable decision-making by practice leadership
• Provides financial support in the business development and assessment of potential new business opportunities
• Identifies potential opportunities for improvement to internal financial/business processes
• Assists management with analysis and implementation of financial/business process improvements
• Support financial analysis for Provider Workforce Planning
• Assists in the maintenance of the Affiliate Support Funds Flow model
• Supports the development and review of departmental and practice-wide budget initiatives
• Prepare ad hoc requests as assigned
• Oversee special projects as assigned

Knowledge – Skills – Abilities

• Clear and concise written, verbal, and interpersonal skills
• Comfortable with presenting analyses/findings to large groups and executive leadership
• Experience working with various stakeholders and various levels of management
• Strong analytical and problem-solving skills
• Ability to effectively manage large quantities of disparate information
• Intermediate-to-Advanced Microsoft Office Skills including Excel and PowerPoint
• Experience in a nimble, complex financial environment
• Experience in financial/business process improvement preferred but not required
• Positive Attitude
• Willingness to Learn
• Sees Problems as Opportunities to Grow
• Identifies as a Creative Thinker and Self Starter

Qualifications

Appropriate experience may be substituted for education on an equivalent basis. Minimum Required Education: Bachelor’s Degree is required Minimum Required Experience: 5 years in a Healthcare Finance or Financial Environment Preferred Education: Master’s in Business Administration Preferred Experience: Previous Experience in the Healthcare Industry Sensory Acuity Ability to detect and translate speech or other communication required. May occasionally require the ability to distinguish colors and perceive relative distances between objects.

Why MCW?

• Outstanding Healthcare Coverage, including but not limited to Health, Vision, and Dental. Along with Flexible Spending options 403B Retirement Package Competitive Vacation and Paid Holidays offered Tuition Reimbursement Paid Parental Leave Employee & Family Assistance Program (EFAP) Pet Insurance On campus Fitness Facility, offering onsite classes Additional discounted rates on items such as: Select cell phone plans, local fitness facilities, Milwaukee recreation and entertainment etc.

For a brief overview of our benefits see: Benefits Overview For a full list of positions see: MCW Careers

Equal Opportunity Employer and Commitment to Non-Discrimination

The Medical College of Wisconsin (MCW) is an Equal Opportunity Employer. We are committed to fostering an inclusive community of outstanding faculty, staff, and students, as well as ensuring equal educational opportunity, employment, and access to services, programs, and activities, without regard to an individual's race, color, national origin, religion, age, disability, sex, gender identity/expression, sexual orientation, marital status, pregnancy, predisposing genetic characteristic, or military status. Employees, students, applicants or other members of the MCW community (including but not limited to vendors, visitors, and guests) may not be subjected to harassment that is prohibited by law or treated adversely or retaliated against based upon a protected characteristic.

About Us

At MCW all of our endeavors, from our internal operations to our interactions with our partners, are driven by our shared organizational values: Caring – Collaborative – Curiosity – Inclusive – Integrity – Respect. We are committed to fostering an inclusive environment that values diversity in backgrounds, experiences, and perspectives through merit-based processes and in alignment with all applicable laws. We believe that embracing human differences is critical to realize our vision of a healthier world, and we recognize that a healthy and thriving community starts from within. Our values define who we are, what we stand for and how we conduct ourselves at MCW. If you believe in embracing individuality and working together according to these principles to improve health for all, then MCW is the place for you. For more information, please visit our institutional website.

Together, we can build a healthier world. A student, an educator, a scientist and a community leader — alone, they can do many things. Together, the question isn’t what they can do, but what can’t they. The Medical College of Wisconsin (MCW) brings together the most inquisitive, passionate minds in science, medicine, education and community engagement to tackle today’s toughest challenges in health and society. Academic medicine is at the center of where scientists, physicians and students work hand-in-hand with the community to ask the most important questions and fuel the cycle of innovation that shapes the future of medicine. Medical College of Wisconsin The tireless pursuit of knowledge and the power of academic medicine is at the core of everything we do at MCW. Bringing together the world’s top scientists and clinicians, inspired students and invested communities, we are driven to solve the most complex challenges in health and society. With around 1,600 full-time and part-time faculty and approximately 3,500 full-time employees, MCW is home to a diverse group of thought leaders working in collaboration to pioneer pathways to a healthier world and drive a continuous cycle of life-changing discovery.