Financial Analyst
Job Summary We are looking for a Marin Health Medical Network (MHMN) finance analyst who will play a key role in supporting the strategic financial planning & analysis for Marin Health within UCSF Health Network Ambulatory (outside of the City of San Francisco.) The position will assist in developing Marin Health Medical Network (MHMN) analytics for reporting, support sustainable and scalable finance processes, support month-end close activities, manage annual budgeting for MHMN, conduct financial performance management and variance analysis of results, and assist in the financial insight of outputs. The candidate builds trusted relationships with key stakeholders in Finance, UCSF senior leadership, and the UCSF-Marin Health Alliance. Applies extensive knowledge of industry practices in health care decision support and advanced financial analysis concepts, typically at high degrees of complexity in collaboration with their direct supervisor.
The analyst brings deep analytic, and financial management skills to focus on Marin Health Medical Network (MHMN) to guide decision-making and develop insights on where and how to focus organizational efforts/resources. The role will work closely with leadership, IT, Finance, and operations to understand the overarching goals in conjunction with other stakeholders and then address day-to-day challenges to accomplish that work. With that in mind, the financial analyst will consider all of the data points currently or potentially available, create and build models such that valuable insights can be gleaned, and consequently analyze those models to discern actionable insights and help curate plus deliver data-driven recommendations/analysis to leadership.
This individual is recognized as a health care decision support expert. Applies comprehensive knowledge of financial analysis concepts and industry practices to lead complex project analytics of large size and scope that have critical impact across the Marin Health Medical Network (MHMN). Will prepare large data summary reports and analyses to help business decision-making. Works as a liaison across business units, implementing and monitoring changes by working with Accounting, Finance, Funds Flow Finance, and Decision Support Systems (UCSF Academic Medical Centers downstream and faculty practice organization) to understand reporting requirements and data limitations to help develop custom reports and validate data across the organization as it relates to Marin Health Medical Network (MHMN).
Responsibilities will include gathering data and producing analysis of utilization, clinic's financial performance, market trends as appropriate, financial analysis in support of proforma due diligence, and financial forecast modeling of Marin Health Medical Network (MHMN). Evaluate schedules and the data for completeness and accuracy. Ensures details gathered to comply with finance policies and procedures. Gathers data and information from the managerial financial accounting reporting system (GL System), Axiom Kaufman Hall, IBM COGNOS (DART), EPSI, EssBase, and other applications to integrate into aggregated financial performance reports at a cost center, division, and other hierarchal levels. Develops and maintains key relationships with organizational functional areas to meet the Marin Health Medical Network (MHMN) needs for effective financial analysis and ad-hoc analysis.
The successful candidate will work closely with finance leadership across "UCSF Academic Medical Centers and Faculty Practice Organization" finance teams, decision support professionals (on the costing team), department leadership in clinical administration or SOM administration, and outside consultants to create proformas that drive strategic growth and to help plan MHMN budgeting. The candidate must be able to thrive and succeed in a changing environment and not be hindered by ambiguity or competing priorities. The candidate will anticipate bottlenecks make trade-offs, and balance the business needs versus other priorities in collaboration with their supervisor via weekly check-ins. The ability to take sparse information and successfully break down projects, initiatives, and strategic priorities is expected in collaboration with their supervisor. Maturity, high judgment, negotiation skills, ability to influence, and analytical talent and leadership are essential to succeed in the role.
The analyst closely collaborates with Accounting to ensure timely and accurate reporting of monthly financial statements, supporting analysis, annual operating budgets for MHMN, monthly 4 payments to MHMN (MD Comp, Pass Thru Administrative Comp., and Meduit Collection Services Expense), preparing relevant financial packets and board presentations for Marin Health Medical Network (MHMN).
The position is responsible for supporting leadership in the following areas:
- Supports the monthly close process by reviewing financial statements and supporting analysis for accuracy, trend, and consistency. Prepares additional analysis to explain material actual versus budget variances. Proposes correcting journal entries by closely collaborating with accounting staff and the role's supervisor. Summarizes financial results by evaluating areas of concern and recommending solutions to Senior Leadership in collaboration with the supervisor.
- Coordinates with Accounting, Strategy, and Funds Flow Finance to estimate and monitor performance trends per management agreement terms, estimated budget ranges, and organizational (UCSF Health-MHMN) expectations. Plus communicates variances, monitors and helps review/resolve issues in collaboration with the supervisor.
- Implements new agreement amendments in collaboration with the accounting team, funds flow finance, and supervisor to achieve operational efficiency and contractual compliance with the MHMN executed agreement(s).
- Prepares the annual operating budget for MHMN and SFMGP's strategic long-range plan by collaborating with the external finance staff stakeholders at MHMN and the COO (or CSO) of UCSF Health Network.
- Prepares ad-hoc analysis to facilitate executive decision making e.g. productivity benchmarking, profitability analysis, proformas, etc. for Marin Health Medical Network (MHMN).
The final salary and offer components are subject to additional approvals based on UC policy. To see the salary range for this position (we recommend that you make a note of the job code and use that to look it up): TCS Non-Academic Titles Search (https://tcs.ucop.edu/non-academic-titles) Please note: An offer will take into consideration the experience of the final candidate AND the current salary level of individuals working at UCSF in a similar role. For roles covered by a bargaining unit agreement, there will be specific rules about where a new hire would be placed on the range. To learn more about the benefits of working at UCSF, including total compensation, please visit: https://ucnet.universityofcalifornia.edu/compensation-and-benefits/index.html.
The salary range is $98,300-$210,300 and the target entry point is $129,120+ depending on experience. Department Description UCSF Health Network (formerly known as UCSF Health Joint Ventures) is a set of partnership arrangements between UCSF Health and other regional medical groups and centers. The specifics of a member's participation in the network may vary. Marin Health & UCSF Health partner in the deployment of Marin Health Medical Network with clinics dotted across Marin, Sonoma, and Napa counties, we're delivering the care that gets you closer to your best, healthiest you. Required Qualifications
- Bachelor's degree in a related area or four years of equivalent experience/training AND Five years or more of experience in decision support/financial analysis, preferably in a Faculty Practice Organization, Academic Medical Center or Private Hospital setting.
- In-depth Knowledge of clinical, financial, and business information technology software and systems. (e.g. MS Word, PowerPoint, Project, Excel, Access, Tableau and EssBase)
- Advanced proficiency in the use of integrated financial reporting tools and underlying data warehouse and cost accounting methodologies (e.g. PeopleSoft GL, EPSI or Strat Jazz).
- Advanced Financial Management, Analysis and Modeling with strong problem-solving and analytical skills.
- Ability to analyze data utilizing defined or new with methodolgies.
- Demonstrated advanced ability to analyze, interpret and document trends and variances timely (on an ad hoc, monthly, quarterly, and annual basis).
- Functional knowledge of large-scale integrated client-server / ERP financial systems (e.g., PeopleSoft GL System).
- Deep financial data knowledge and ability to use advanced business analysis skills to work on issues where analysis of situations or data requires an in-depth evaluation of variable factors.
- Excellent interpersonal and communication skills.
- Excellent ability to motivate, influence, and persuade others, and cultivate a strong commitment to efficiency, functionality, and quality customer service.
- Excellent leadership skills, with the ability to create and maintain a goal-oriented climate of teamwork and collaboration across departments for effective problem-solving, conflict resolution, support for organizational values, and consistently high achievement.
- Excellent critical thinking and business process skills, with the ability to implement effective solutions.
- Advanced skills to educate management and tailor decision support objectives and goals to meet a broad variety of needs.
Preferred Qualifications
- Cost Accounting Knowledge, interpreting Cost Accounting results (Direct both Fixed & Variable Clinic Operation Costs) and presenting recommendations to Senior Leadership. Interpreting Financial Results and presenting recommendations to Senior Leadership.
- Thorough understanding of engaging healthcare decision support systems and best practices, as well as clinical finance and cost accounting principles (Direct both Fixed & Variable Clinic Operation Costs).
- Excellent skills in developing the finance portion of strategic plans, evaluating and developing team members' competencies, and organizing operations as it pertains to financial management.
- Industry knowledge with academic medical centers, faculty practice organizations, or private hospitals.
- Ability to work well in a collegial environment.
About UCSF At UCSF Health, our mission of innovative patient care, advanced technology and pioneering research is redefining what's possible for the patients we serve - a promise we share with the professionals who make up our team.
Consistently ranked among the top 10 hospitals nationwide by U.S. News & World Report - UCSF Health is committed to providing the most rewarding work experience while delivering the best care available anywhere. In an environment that allows for continuous learning and opportunities for professional growth, UCSF Health offers the ideal atmosphere in which to best use your skills and talents. Pride Values UCSF is a diverse community made of people with many skills and talents. We seek candidates whose work experience or community service has prepared them to contribute to our commitment to professionalism, respect, integrity, diversity and excellence - also known as our PRIDE values.
In addition to our PRIDE values, UCSF is committed to equity - both in how we deliver care as well as our workforce. We are committed to building a broadly diverse community, nurturing a culture that is welcoming and supportive, and engaging diverse ideas for the provision of culturally competent education, discovery, and patient care. Additional information about UCSF is available at diversity.ucsf.edu
Join us to find a rewarding career contributing to improving healthcare worldwide. Equal Employment Opportunity The University of California San Francisco is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information. Job Code and Payroll Title 005747 DECISION SUPP SPEC 4 Job Category Accounting / Finance, Financial, Professional (Non-Clinical) Bargaining Unit 99 - Policy-Covered (No Bargaining Unit) Additional Shift Details M-F |
University of California - San Francisco Campus and Health
Jan 31, 2025