Houston Methodist Financial Analyst- Heart Center Research Administration in Houston, Texas
At Houston Methodist, the Financial Analyst is responsible for maintaining and analyzing data related to the financial performance of the organization and individual departments. The Analyst is also responsible for compiling and reporting information as requested by Financial Accounting, Internal Audit and management. Other responsibilities include the assistance with annual operating budgets and maintenance of a monthly dashboard of key indicators and external benchmarks. Previous financial analyst experience in a healthcare setting is preferred.
PATIENT AGE GROUP(S) AND POPULATION(S) SERVED
Refer to departmental "Scope of Service" and "Provision of Care" plans, as applicable, for description of primary age groups and populations served by this job for the respective HM entity.
HOUSTON METHODIST EXPERIENCE EXPECTATIONS
Provide personalized care and service by consistently demonstrating our I CARE values:
INTEGRITY: We are honest and ethical in all we say and do.
COMPASSION: We embrace the whole person including emotional, ethical, physical, and spiritual needs.
ACCOUNTABILITY: We hold ourselves accountable for all our actions.
RESPECT: We treat every individual as a person of worth, dignity, and value.
EXCELLENCE: We strive to be the best at what we do and a model for others to emulate.
Focuses on patient/customer safety
Delivers personalized service using HM Service Standards
Provides for exceptional patient/customer experiences by following our Standards of Practice of always using Positive Language (AIDET, Managing Up, Key Words)
Intentionally rounds with patients/customers to ensure their needs are being met
Involves patients (customers) in shift/handoff reports byenabling their participation in their plan of care as applicable to the given job
PRIMARY JOB RESPONSIBILITIES
PEOPLE - 10 %
- Interacts with all levels of personnel within the department, other institutional departments, as well as outside companies to resolve problems/errors or questions regarding basic accounting reconciliation items.
SERVICE - 30 %
Assists department administrator and faculty members in managing the clinical/research departmental budget.
For Research: Assists in preparation of grant and contract budget proposals as needed. Assists in the oversight of department's financial files for all grant and donor funding.
For Research: verifies all faculty, staff and research personnel are charged to the correct grant sources.
QUALITY/SAFETY - 10 %
- Reviews revenue projections, budget revisions, etc., for physician practice and/or academic department.
FINANCE - 40 %
Support the development of auditing, reporting and contract modedling tools as needed for identification and analysis of rate and/or fee schedule auditing, financial performance and contract performance as well as modeling and analysis of potential opportunities.
Prepare and maintain revenue models.
Support administrator with compilation of information needed for organization profit and loss statements required by financial accounting.
Maintain monthly dashboard of key indicators and external benchmarks as defined by management.
For Physician Organization: Review contracts/calculate provider productivity bonuses/compensation models.
GROWTH/INNOVATION - 10 %
- Maintains procedures and SOP's for reconciliation process.
This job description is not intended to be all inclusive; the employee will also perform other reasonably related business/job duties as assigned. Houston Methodist reserves the right to revise job duties and responsibilities as the need arises.
Graduate of education program approved by the credentialing body for the required credential(s) indicated below in the Certificates, Licenses and Registrations section.
BBA, BS or BA with a major in Accounting, or related degree is required.
- Minimum three years of financial analysis experience in health care environment.
CERTIFICATES, LICENSES AND REGISTRATIONS REQUIRED
KNOWLEDGE, SKILLS AND ABILITIES REQUIRED
Demonstrates the skills and competencies necessary to safely perform the assigned job, determined through on-going skills, competency assessments, and performance evaluations.
Sufficient proficiency in speaking, reading, and writing the English language necessary to perform the essential functions of this job, especially with regard to activities impacting patient or employee safety or security.
Ability to effectively communicate with patients, physicians, family members and co-workers in a manner consistent with a customer service focus and application of positive language principles.
Other (dept approved)No
On-Call* No (for Non-Exempt or Exempt jobs)
*Note that employees may be required to be on-call during emergencies (ie. Disaster, Severe Weather Event, etc) regardless of selection above.
May require travel withinNo
Houston Metropolitan area
May require travel outsideNo
of Houston Metropolitan area
**Travel specifications may vary by department.
Please note any other special considerations to this job: ________
Houston Methodist Research Institute was formed in 2004 to rapidly and efficiently translate discoveries made in the laboratory and the clinic into new diagnostics, therapies, and treatments. The research institute was created to provide the infrastructure and support for these endeavors, and to house the technology and resources needed to make innovative breakthroughs in important areas of human disease. A 540,000 square foot building dedicated to research, the research institute houses over 1,500 staff and trainees, 284 principal investigators and has more than 570 ongoing clinical trials.
Street: 6565 Fannin St.
Name: Heart Center Research Admin
Regular Shift: 1st - Day