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Full-time
bachelor degree
Posted 12d ago
Apply by Aug 31
~40 hrs/week
Responsibilities
The Director of Financial Analysis will lead advanced financial modeling, forecasting, and reporting to support strategic healthcare planning and resource allocation. They will collaborate across departments to provide insights on revenue, expenses, and performance metrics while ensuring financial processes adhere to industry best practices.
Requirements
Candidates must hold a bachelor's degree in Finance, Economics, or a related quantitative discipline. A minimum of 5 years of experience in healthcare, public health, or research is required, with expertise in financial modeling and statistical analysis.
Full job description
Overview
JOB SUMMARY
Under the general supervision of the Chief Financial Officer and the Chief Strategy & Planning Officer, the Director of Financial Analysis will conduct advanced financial analysis, including modeling, forecasting, and reporting of various healthcare service lines that supports Central Health’s data-driven strategic plans. The Director will organize, analyze, and report on large datasets including claims, financial, actuarial, and enrollment data to develop annual budgets, key performance indicators, financial forecasts, and return-on-investment analyses. The director will also play a critical role in conducting economic evaluation and financial modeling to generate recommendations that support value-based care, cost optimization, facilities planning, capital investments, and strategic health care operations. This position will work within Central Health’s finance and strategy departments and collaborate with the operational, clinical, government relations, and communications departments, as well as the CEO’s office and Central Health System Partners, to ensure financial data processes adhere to best practices.
Responsibilities
Essential Functions
-Serve as subject matter expert (SME) to guide strategic resource allocation-Provide strategic financial support such as performing economic impact evaluation, forecasting, ROI analysis, and building robust financial models/scenarios to inform critical decisions by Central Health leadership-Provide management with insights into drivers of revenue and expenses, as well as risks and opportunities-Evaluate growth opportunities, such as new services lines, new channel development, state and federal funding opportunities, and business model changes; and advise executives on sustainability and trade-offs-Assist in preparation of annual capital and operating budgets, monitor actual results as compared to budget, and propose budget revisions, as necessary-Analyze the financial and statistical activities and performance of the Central Health System through developing and monitoring key performance metrics, including reporting to executive leadership as needed-Assist leadership in capital expenditure processes, monitoring the timing and appropriateness of capital spending and updating financial forecasts-Serve as SME to Central Health leadership regarding the design, development, and preparation of financial and economic analyses, as requested. Participate in complex special projects, such as responding to specific requests for ad hoc reports, to provide technical and financial expertise as needed-Maintain knowledge of applicable rules, regulations, policies, laws, and guidelines that impact health care finance and accounting (e.g., eligibility, Federally Qualified Health Center Prospective Payment System reimbursement, 340B, and Medicaid supplemental funding programs) and develop associated policy and reimbursement forecasting, economic models, and cost-benefit analyses-Perform descriptive, predictive, and prescriptive analytics to support value-based contracting, forecasting, utilization modeling, and cost-benefit analyses-Serve as lead on cross-functional projects, including reimbursement modeling, rate setting, and budget impact assessments-Analyze health care cost trends, utilization, population risk stratification, and service line profitability-Conduct sensitivity analyses, cohort comparisons, time-series and other forecasting analyses, and scenario planning, using statistical and financial modeling techniques-Collaborate with finance, analytics, strategy, operations, planning, and provider teams to provide insights for financial planning, revenue cycle, and payment integrity-Support Central Health leadership at public events, conferences, and Central Health Board of Managers meetings as requested
Qualifications
REQUIRED EDUCATION: Bachelors Degree (or higher degree) with a Concentration in Finance, Economics, or a related quantitative discipline
REQUIRED EXPERIENCE:
-5 years experience in a health care, public health, government, research, or other related industries, with demonstrated ability to support business development. Relevant work experience in economics or finance that involves research and interpretation, analysis, and developing strategies supported by quantitative evidence and scenario modeling.
PREFERRED EXPERIENCE:
-Relevant work experience in health care and finance that involves research and interpretation, analysis, and developing strategies supported by quantitative evidence and scenario modeling.
-5 years Advanced MS Excel experience with expertise and knowledge of econometrics and other advanced statistical methods, data visualization and presentation best practices
-5 years experience with health care reimbursement models, ROI models, population risk, and rate setting
Strengthening the health and well-being of the communities we serve.
Industry
Hospitals and Health Care
Company size
1,001-5,000 employees
Founded
1971
Headquarters
Austin, TX
LinkedIn followers
5,887
CommUnityCare Health Centers is a not-for-profit 501(c) (3) corporation providing primary care health services to the medically underserved. For over 30 years, we served as the Community Health Centers, operating as a department of the City of Austin. In March 2009, we became CommUnityCare, operating independently from the City. CommUnityCare is proud of its past history of service to the community and looks forward to continuing to provide great care. Our vision as CommUnityCare is to increase access to care and to expand our range of services.
CommUnityCare operates 25+ health center locations in Travis County and central Texas. We offer comprehensive primary care services for the entire family including: family medicine, internal medicine, pediatrics, women's health services, behavioral health services, nutrition education, pregnancy and parenting centering programs, specialty services such as cardiology, dermatology, pulmonology and dental care.
Offices: 2115 Kramer Lane, Ste 100, Austin, TX 78758, US
How many Government & Public Sector jobs are open in Austin, TX right now?
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Which companies are hiring for Government & Public Sector roles in Austin, TX?
Companies currently hiring include Texas Department of State Health Services, UT Health Austin, City of Austin, Texas Health and Human Services, Central Health, among others. Browse the listings above to see every active employer.
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