Financial Analyst II

Cincinnati Children's; Cincinnati (OH); On-site; USD 67,537 - 86,112; Full time

Job summary

Cincinnati Children’s is seeking a Financial Analyst to support budgeting, forecasting, and financial reporting for clinical and research activities on the Burnet Campus in Infectious Diseases. Full-time, day shift, 40 hours per week, with ongoing financial monitoring and reporting duties.

The role involves building financial models, cost analysis, revenue tracking, grant budgeting, and insightful analyses to improve efficiency and patient care.

Qualifications

• Bachelor's Degree in a related field.
• Preferred: Bachelor of Science Degree in Accounting or Finance.
• 2+ years of work experience in a related job discipline.

Responsibilities

• Financial Analysis – Prepares financial models and analyses to support current and proposed business transactions, service offerings, performance improvement initiatives, etc. Prepares utilization analysis and trending. Identifies issues that require additional analysis and develops reporting to support the analysis. Assists in the development and implementation of the division's annual and capital budget. Develops and maintains reporting to provide monthly analysis of variances and to make recommendations. Analyzes and monitors financial performance and assists in the reporting of financial results. Monitors and reports productivity metrics. Provides support for revenue cycle management including billing, coding, charge capture and reporting. Researches and resolves payer issues. Participates in projects/initiatives to reduce costs and meet revenue goals.
• Procurement and Operations – Responsible for purchasing activities, acquisition and allocation of resources. Participates in space planning. Monitors business processes to ensure effective and efficient operations; monitors efficient patient flow patterns to maximize clinical and staff efficiency; supports the review of policies and procedures for improved utilization and operations; identifies opportunities for improving cost and quality of care and develops and provides recommendations for improvement. Initiates departmental financial transactions with approval.
• Systems and Technology – Ensures accuracy of data recording and tracking in applicable clinical, human resource, financial and supply chain systems. Advances the use of technology for decision‑making processes.
• External Funding – Provides support for activities associated with external funded projects, including development and maintenance of grant budgets and expense tracking. Works with Sponsored Programs and other institutional regulatory offices to support compliance with NIH and other external sponsor guidelines for the application and management of awards. Interacts with various program managers and principal investigators, as well as outside funding agencies, to achieve maximum reimbursement of program costs and successfully satisfy reporting requirements of outside funding agencies.
• Leadership – May provide day‑to‑day functional leadership for a team or directly manage a minimal number of support staff. Establishes team goals. Gives input into, and performs employee performance reviews. Oversees and guides work assignments. Serves as the functional expert and provides guidance to the team. Assists in the training of new employees. Serves as a resource and/or mentor to coworkers. Assists in the development and presentation of department training. Identifies training needs and provides necessary coaching. May participate in the development and monitoring of an effective staffing and retention strategy, including hiring and terminating employees. May collaborate with human resources business partners to meet talent management goals; supports organizational programs/plans and ensures communication, and adherence to Human Resources policies and related legal and/or compliance requirements.

Education

Bachelor's Degree in a related field

Bachelor of Science Degree in Accounting or Finance (preferred)

Job description

Pay Range

Expected Starting Pay Range $67,537.60 - $86,112.00. Starting pay is based on experience, skills, and equity; exceptions may apply for highly qualified candidates. Additional pay (e.g., shift, on‑call, or weekend differentials) and benefits may apply. Annual pay may vary based on FTE status.

Location

Burnet Campus

Department

Infectious Diseases

Shift

Day (United States of America)

Schedule

Full time

Weekly Hours

40

FTE

1

Employee Status

Regular

Job Responsibilities

• Financial Analysis – Prepares financial models and analyses to support current and proposed business transactions, service offerings, performance improvement initiatives, etc. Prepares utilization analysis and trending. Identifies issues that require additional analysis and develops reporting to support the analysis. Assists in the development and implementation of the division's annual and capital budget. Develops and maintains reporting to provide monthly analysis of variances and to make recommendations. Analyzes and monitors financial performance and assists in the reporting of financial results. Monitors and reports productivity metrics. Provides support for revenue cycle management including billing, coding, charge capture and reporting. Researches and resolves payer issues. Participates in projects/initiatives to reduce costs and meet revenue goals.
• Procurement and Operations – Responsible for purchasing activities, acquisition and allocation of resources. Participates in space planning. Monitors business processes to ensure effective and efficient operations; monitors efficient patient flow patterns to maximize clinical and staff efficiency; supports the review of policies and procedures for improved utilization and operations; identifies opportunities for improving cost and quality of care and develops and provides recommendations for improvement. Initiates departmental financial transactions with approval.
• Systems and Technology – Ensures accuracy of data recording and tracking in applicable clinical, human resource, financial and supply chain systems. Advances the use of technology for decision‑making processes.
• External Funding – Provides support for activities associated with external funded projects, including development and maintenance of grant budgets and expense tracking. Works with Sponsored Programs and other institutional regulatory offices to support compliance with NIH and other external sponsor guidelines for the application and management of awards. Interacts with various program managers and principal investigators, as well as outside funding agencies, to achieve maximum reimbursement of program costs and successfully satisfy reporting requirements of outside funding agencies.
• Leadership – May provide day‑to‑day functional leadership for a team or directly manage a minimal number of support staff. Establishes team goals. Gives input into, and performs employee performance reviews. Oversees and guides work assignments. Serves as the functional expert and provides guidance to the team. Assists in the training of new employees. Serves as a resource and/or mentor to coworkers. Assists in the development and presentation of department training. Identifies training needs and provides necessary coaching. May participate in the development and monitoring of an effective staffing and retention strategy, including hiring and terminating employees. May collaborate with human resources business partners to meet talent management goals; supports organizational programs/plans and ensures communication, and adherence to Human Resources policies and related legal and/or compliance requirements.

Job Qualifications

• Bachelor's Degree in a related field
• Preferred: Bachelor of Science Degree in Accounting or Finance
• 2+ years of work experience in a related job discipline

Equal Opportunity Employer Statement

Cincinnati Children’s is proud to be an Equal Opportunity Employer committed to creating an environment of dignity and respect for all our employees, patients, and families. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, genetic information, national origin, sexual orientation, gender identity, disability or protected veteran status. EEO/Veteran/Disability