Senior Financial Analyst Job at LCMC Health

LCMC Health New Orleans, LA 70163

LCMC Health


We are a New Orleans-based, non-profit health system on a mission: to provide the best possible care for every person and parish in Louisiana and beyond, and to put a little more heart and soul into healthcare along the way. And that means we do things a little differently around here.


Treating people like family is the LCMC Health way, and it always has been. Founded by Louisiana's first freestanding children's hospital, we have grown into a healthcare system that is built to serve the unique needs of our communities and families.

Today, we offer six hospital locations: Children's Hospital New Orleans, East Jefferson General Hospital, New Orleans East Hospital, Touro, University Medical Center New Orleans, and West Jefferson Medical Center. We also offer a network of urgent care centers across the greater New Orleans area. With over 2,800 physicians specializing in everything from head to toe, our community can count on us to provide the right care, right where they need it.

JOB DESCRIPTION:

Why a Great Place to Work

You’re more than your job. Everyone is. And that’s what makes you great at your job—all the little extras you bring to work every day, the things that make you you. At LCMC Health we value those things about you, because we know that all those little extras add up to extraordinary. And we’ve built a culture that supports and celebrates the extraordinary. You’ll see it when you come to work here, in the spirit of our places and the faces of our people. And every patient we heal, every family we comfort, every life we improve is the outcome of countless little extras adding up to an extraordinary result. Join LCMC Health, and you’ll find that our everyday makes it easy to live your extraordinary.

Position Summary

The Financial Analyst Senior will be responsible for LCMC's IT financial forecast, annual budgeting process, product costing, operating plan variance analysis, and special projects. This role will provide strategic support to IT Senior Management, including financial presentations, capital expenditure analysis, and other projects requested by Senior Management. This role acts as the analytical engine of LCMC IT to provide insight and support optimal business decision-making. The Financial Analyst Senior will provide strategic direction, oversight and support to hospital affiliates, physician groups, and other System entities to develop and deploy an effective Labor Management Program (LMP), which will include productivity, benchmarking, target standards, and position control management. The LMP will support department labor projects, including action plans, lead activities, and skill mix optimization.

This job description is intended to describe the general nature and level of work performed by employees assigned to this department. This is not an exhaustive list of all duties and responsibilities, and LCMC Health reserves the right to amend and change responsibilities to meet organizational needs as necessary.

GENERAL DUTIES

Physician Practices Data Management, Planning, & Ad-Hoc Analyses:

  • Oversee and manage Physician Practices data and create robust reporting mechanisms using existing platforms
  • Prepare ad-hoc financial analysis as requested by LCMC SVP of Physician Practices, LCMC CFO, LCMC SVP of Corporate Finance, and/or system wide Finance Management Teams.
  • Support senior management with in-depth analysis.
  • Improve performance by evaluating processes to drive efficiencies.
  • Prepare and present financial information to senior management on a regular basis.

Corporate Monthly Financial Reporting & Variance Analysis:

  • Provide support to Finance for financial reporting processes.
  • Assist in answering gaps between actual versus budget financial variances.
  • Monitor performance indicators, highlighting trends and analyzing causes of unexpected variances.
  • Analyze complex financial information and reports to provide accurate and timely financial recommendations to management for decision-making purposes.
  • Prepare and present financial information to senior management on a regular basis.


Labor Productivity Project Management:

  • Introduce Labor Productivity to local Hospital management teams.
  • Participate in Departmental Interviews at local Hospitals.
  • Participate in Hospital Weekly Status Calls.
  • Manage local Hospital Labor Productivity implementation timelines.
  • Participate in training of labor coaches, employees/leaders, and SMEs.
  • Manage initial completion and follow up on Department Profile Questionnaires.

Labor Productivity System Statistics Standardization & Data Extract Standardization:

  • Manage Data Interface Files through collection of historical data and validation (include Epic).
  • Serve as liaison for Department Reporting Q&A.
  • Assist in standardizing Labor Productivity statistics for local Hospitals.

EXPERIENCE QUALIFICATIONS

5 years experience in healthcare budgeting and financial planning or equivalent


EDUCATION QUALIFICATIONS

Bachelor’s degree in Accounting


SKILLS AND ABILITIES

Advanced knowledge of Excel and PowerPoint

Strong leadership skills

Ability to analyze data and present it in a comprehensive manner

High standards of accuracy and precision

Highly organized

Articulate – both orally and in written communication

Ability to think creatively and problem solve

Self-motivated

Demonstrated ability to work with team members in a hands-on management capacity

Prior experience in working with and/or supporting Senior Executives

REPORTING RELATIONSHIPS

  • Does this position formally supervise employees? No

WORK SHIFT:

Days (United States of America)

This job description is intended to describe the general nature and level of the work being performed by people assigned to this work. This is not an exhaustive list of all duties and responsibilities. LCMC Health reserves the right to amend and change responsibilities to meet organizational needs as necessary.

LCMC Health is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by law.

Application for Employment
It is the policy of all member hospitals and facilities of the LCMC Health System (Louisiana Children’s Medical Center, Children’s Hospital of New Orleans, Touro Infirmary, University Medical Center New Orleans, New Orleans East Hospital, and West Jefferson Medical Center as well as its centers of health care and physician services, East Jefferson General Hospital, Woldenberg Village, Crescent City Physician Inc., and New Orleans Physician Services) to provide equal employment opportunities for all employees and applicants without regard to race, color, religion, sex, age, national origin, citizenship, marital status, gender identity, sexual orientation, veteran status, physical or mental disability, or any other protected status in regard to any position for which the employee or applicant may qualify.


Instructions to Applicant

1. You must fully and accurately complete the Application for employment. Incomplete applications will not be considered. LCMC Health and its members may use the information given in the application to investigate the applicant's previous employment and background.
2. The Application for Employment will be considered inactive after 180 days. If you wish to be considered after that time, you must complete a new Application for Employment.
3. If you are hired, proof of citizenship or immigration status will be required to verify your lawful right to work in the United States.




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