Lead Analyst Pharmacy Business

University of Michigan

Ann Arbor (MI)

Hybrid

USD 100,000 - 140,000

Full time

7 days ago

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Benefits offered by this job

Hybrid work

Excellent benefits

Job summary

University of Michigan is seeking a Lead BI Analyst within Michigan Medicine's Pharmacy Services to lead financial and operational analysis for a large academic pharmacy enterprise.

The role collaborates with executive leadership to translate strategic objectives into actionable work plans, supporting capital planning, budgeting, and performance reporting across departments.

Qualifications

Bachelor's degree with 8+ years of healthcare financial experience.
Ability to translate data into actionable recommendations.
Strong organizational and project management skills.
Excellent communication with faculty, staff, operational leaders, and executives.
Experience with financial reporting, budgeting, and capital planning.

Responsibilities

Lead financial planning, forecasting, and performance management with pharmacy leaders and Central Finance.
Coordinate cross-functional initiatives for Pharmacy Services and executive leadership.
Analyze operating and capital budgets and track performance and variances.
Develop business cases, reports, and executive materials to support decisions.
Support multiyear capital planning and project evaluation with stakeholders.

Skills

Financial analysis

Budgeting

Forecasting

Cross-functional

Project management

Stakeholder mgmt

Education

Bachelor's degree

Tools

M-Pathways

Wolverine Access

Job description

Mission Statement

Michigan Medicine improves the health of patients, populations and communities through excellence in education, patient care, community service, research and technology development, and through leadership activities in Michigan, nationally and internationally. Our mission is guided by our Strategic Principles and has three critical components; patient care, education and research that together enhance our contribution to society.

Job Summary

The Lead Analyst Pharmacy Business supports the financial and operational management of a large, complex academic pharmacy enterprise. This position provides financial analysis, capital planning support, complex project coordination, and operational support for departmental priorities and executive leadership.

The Lead Analyst Pharmacy Business serves as a business and financial operations resource to the Associate Chief Pharmacy Officer for Pharmacy Business Operations. The position supports the Department of Pharmacy Services' financial and operational priorities through disciplined financial analysis, capital planning, business analysis, cross-functional coordination, and project execution.

The department manages approximately $1.86 billion in annual pharmaceutical expenses and generates approximately $2.73 billion in annual revenue. The Lead Analyst Pharmacy Business assists executive pharmacy leadership in making informed decisions and evaluating the alignment of institutional resources with the pharmacy enterprise objectives.

Responsibilities*

Financial and Operational Management

Collaborate with pharmacy leaders and Central Finance on short- and long-term financial planning, forecasting, performance management, and resource stewardship.
Serve as a key operational contact between the Department of Pharmacy Services and Central Finance.
Serve as a key operational contact between the Pharmacy Enterprise and region finance services
Provide day-to-day operational analytical support for Pharmacy Business Operations.
Track and assess financial and operational trends and analyze departmental operating and capital budgets, financial performance, and resource utilization, in coordination with Central Finance
Assist in translating strategic objectives into actionable work plans, milestones, resource requirements, and performance measures.
Track progress, identify barriers, facilitate issue resolution, and communicate results to executive pharmacy leadership.
Provide analysis of the operational implications of proposed programs, service changes, workforce models, and other business decisions.
Provide pharmacy executive leadership with timely analyses and recommendations regarding performance and priorities.
Analyze results and outcomes to highlight contributing factors, trends, risks, opportunities, and areas requiring corrective action.
Develop supporting operational analyses, reports, business cases, and executive-level materials to support leadership decision-making.
Contribute to improvements in financial reporting in partnership with Central Finance.
Review, approve, and authorize departmental financial transactions, vouchers, expenditures, and capital purchases within delegated authority and in accordance with institutional policies.

Capital Planning and Program Management

Support a comprehensive, multiyear capital planning process aligned with departmental and institutional priorities.
Coordinate the identification, evaluation, prioritization, and sequencing of pharmacy capital needs.
Coordinate capital approval processes, procurement activities, project implementation, and financial tracking.
Monitor capital expenditures and project performance, identifying budget variances, implementation risks, and opportunities for improvement.
Partner with pharmacy leadership, Finance, Supply Chain, Facilities, Procurement, and other institutional stakeholders to ensure capital projects are appropriately planned and executed.

Facilities and Operational Infrastructure

Provide collaborative business, financial, and operational support for the 150,000-square-foot Joy Road Pharmacy Operations Center.
Coordinate facility-related operating and capital needs in partnership with operational leaders and institutional facilities teams.
Support long-term infrastructure planning, space utilization, business continuity, and operational readiness.
Analyze the financial and operational implications of facility investments, maintenance requirements, and infrastructure changes.
Help ensure facility resources and investments support safe, reliable, and efficient pharmacy operations.

Collaboration and Organizational Partnership

Maintain effective, consultative relationships across Pharmacy Services and with institutional partners.
Supports workforce optimization efforts for the Pharmacy enterprise by partnering with executive leadership, Central Finance, region finance, and operational leaders to analyze organizational structures, staffing models, budget assumptions, and performance reporting with departmental and health system objectives
Coordinate complex cross-functional projects and strategic initiatives for Pharmacy executive leadership, promoting alignment across operational, financial, clinical, and administrative stakeholders. Facilitates planning, tracks timelines and dependencies, synthesizes data, and supports implementation in accordance with organizational goals and governance requirements.
Partner closely with Shared Services Finance, Central Finance, Pharmacy Reimbursement, Supply Chain, 340B, Pharmacy Analytics, Pharmacy Administration, Facilities, Procurement, and other teams to coordinate business processes.
Partner with ambulatory and acute care pharmacy operations leaders to assess the financial and operational impact of business decisions.
Inform roles, responsibilities, timelines, and deliverables across functions while recognizing that operational accountability remains with the respective departments and leadership decisions remain with executive leaders.
Foster collaborative processes that align institutional resources with pharmacy priorities and promote accountability, transparency, and continuous improvement.

Required Qualifications*

Bachelor's degree with 8+ years of experience.
Progressively responsible operational experience in healthcare or a similarly complex environment.
Demonstrated knowledge of accounting, budgeting, financial analysis, forecasting, and internal control principles and their practical applications.
Demonstrated ability to analyze complex data and translate findings into clear, actionable recommendations.
Excellent organizational, project management, and problem-solving skills, with the ability to manage multiple priorities in a complex environment.
Highly developed interpersonal skills and a demonstrated ability to establish credibility, build relationships, and foster trust with diverse constituents.
Excellent written and verbal communication skills, including the ability to communicate effectively with faculty, staff, operational leaders, executives, and institutional partners.
Demonstrated discretion and sound judgment when handling sensitive financial, operational, workforce, and strategic information.

Desired Qualifications*

Experience in an academic medical center, health system, hospital, pharmacy enterprise, or other large and diverse organizations.
Experience supporting a high-volume, complex healthcare operation with significant revenue, expense, capital, and infrastructure responsibilities.
Experience leading multiyear capital planning, business case development, procurement coordination, and project evaluation.
Knowledge of financial, human resources, facilities, and operational management issues in a large organization.
Experience developing executive dashboards, performance reports, financial models, and decision-support tools.
Experience with U-M financial and administrative systems, including M-Pathways and Wolverine Access.
Familiarity with pharmacy reimbursement, pharmaceutical supply chain, inventory management, and/or the 340B Drug Pricing Program.
Demonstrated success influencing outcomes and coordinating work across teams without direct reporting authority.
Advanced proficiency with spreadsheet, reporting, visualization, and financial analysis tools.

Why Join Michigan Medicine?

Michigan Medicine is one of the largest health care complexes in the world and has been the site of many groundbreaking medical and technological advancements since the opening of the U-M Medical School in 1850. Michigan Medicine is comprised of over 30,000 employees and our vision is to attract, inspire, and develop outstanding people in medicine, sciences, and healthcare to become one of the world's most distinguished academic health systems. In some way, great or small, every person here helps to advance this world-class institution. Work at Michigan Medicine and become a victor for the greater good.

What Benefits can you Look Forward to?

Excellent medical, dental and vision coverage effective on your very first day
2:1 Match on retirement savings

Modes of Work

Positions that are eligible for hybrid or mobile/remote work mode are at the discretion of the hiring department. Work agreements are reviewed annually at a minimum and are subject to change at any time, and for any reason, throughout the course of employment. Learn more about the work modes .

Work Locations

Specialty Pharmacy Joy Road Service Center 7300 W. Joy Rd Dexter, MI

Background Screening

Michigan Medicine conducts background screening and pre-employment drug testing on job candidates upon acceptance of a contingent job offer and may use a third party administrator to conduct background screenings. Background screenings are performed in compliance with the Fair Credit Report Act. Pre-employment drug testing applies to all selected candidates, including new or additional faculty and staff appointments, as well as transfers from other U-M campuses.

Application Deadline

Job openings are posted for a minimum of seven calendar days. The review and selection process may begin as early as the eighth day after posting. This opening may be removed from posting boards and filled any time after the minimum posting period has ended.

U-M EEO Statement

The University of Michigan is an Equal Opportunity Employer. We are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants, including protected veterans and individuals with disabilities.

Job Detail

Job Opening ID

282608

Working Title

Lead Analyst Pharmacy Business

Job Title

BI Analyst Lead

Work Location

Michigan Medicine - Ann Arbor

Ann Arbor, MI

Modes of Work

Hybrid