Director, Financial Analytics and Modeling

Overview

As a patient-focused organization, University of Utah Health exists to enhance the health and well-being of people through patient care, research and education. Success in this mission requires a culture of collaboration, excellence, leadership, and respect. University of Utah Health seeks staff that are committed to the values of compassion, collaboration, innovation, responsibility, integrity, quality and trust that are integral to our mission. EO/AA

• Leads the analytics and modeling capability for the UU Health clinical enterprise. Owns the methodology and data behind patient-level cost information and the standard models used by the other finance leaders.

• Provides independent, consistent financial analysis to support Enterprise Management Committee and system leadership decisions on resource requests, program growth, and facility expansion.

Corporate Overview : University of Utah Health is an integrated academic healthcare system with five hospitals including a level 1 trauma center, eleven community health centers, over 1,600 providers, and a health plan serving over 200,000 members. University of Utah Health is nationally ranked and recognized for our academic research, quality standards and overall patient experience. In addition to our clinical delivery system, we have a School of Medicine, School of Dentistry, College of Nursing, College of Pharmacy, and College of Health providing education and training for over 1,250 providers annually. We have over 2 million patient visits annually and research grants exceeding $350 million. University of Utah Hospitals and Clinics represents our clinical operations for the larger health system.

Responsibilities

Essential Functions

Clinical financial analytics

• Lead clinical enterprise financial analytics, including standard reports, model structures, and analytic tools used across the finance team.

• Support the CFO and finance leaders with scenario analysis and ad hoc analysis for strategic decisions.

Patient-level costing methodology and data

• Own costing methodology, allocation logic, and data integrity for patient-level financial data.

• Support costing system users and respond to their data needs.

• Coordinate with the financial systems function, which administers the platform, on data feeds, system changes, and governance.

• Partner with the Sr. Director of Ancillary and Care-line Finance, who operationalizes the data for improvement.

Investment requests and decision support

• Provide support for Enterprise Management Committee and system leadership resource request submissions.

• Apply consistent standards for assumptions, format, and financial review across submissions.

Pro forma modeling

• Lead pro forma modeling for program growth requests and facility expansion.

• Maintain standard templates and assumptions, and track post-approval performance against the model.

Capital support

• Provide return and operating-impact modeling to the Director of Capital Budgeting to support prioritization. The Director of Capital Budgeting retains ownership of the capital planning process.

Revenue and volume modeling support

• Support Hospital and Ambulatory Finance with modeling tools for volume, payer mix, revenue, and reimbursement scenarios.

Knowledge / Skills / Abilities

• Knowledge of finance, financial methods, tools and strategies employed by private and public corporations.

• Ability to read, interpret and draw accurate conclusions from financial and numerical material.

• Knowledge of and ability to use processes, tools and techniques for exploring and evaluating alternative financial scenarios and results.

• Knowledge of the functions, tools and processes needed to manage financial assets and liabilities throughout the organization.

• Knowledge of the methods, processes, and tools for maintaining the books of the organization and preparing financial statements and reports.

• Knowledge of financial and accounting applications specific to the organization.

• Demonstrated leadership, human relations, and effective communication skills.

• Demonstrated advanced analytic skills and the ability to present complex analysis clearly to senior executives and committees.

Qualifications

Required

• Bachelor's degree in finance, accounting, economics, business, or a related field; master's degree preferred.

• Eight or more years of healthcare finance or analytics experience, including financial modeling and pro forma development.

• Hands-on experience with patient-level costing systems and cost allocation methodology.

• Advanced analytic skills and the ability to present complex analysis clearly to senior executives and committees.

• Experience leading analysts or analytic teams preferred.

Qualifications (Preferred)

Preferred

• CPA or equivalent professional credential preferred.

Working Conditions and Physical Demands

Employee must be able to meet the following requirements with or without an accommodation.

• This is a sedentary position that may exert up to 10 pounds and may lift, carry, push, pull or otherwise move objects. This position involves sitting most of the time and is not exposed to adverse environmental conditions.

Physical Requirements

Sitting

Multi-lingual Candidates Welcomed

To inquire about this posting, email: [email protected]

EEO Statement

University of Utah Health Hospitals and Clinics, a part of The University of Utah, values candidates who have experience working in settings with students and patients from all backgrounds and possess a strong commitment to improving access to higher education and quality healthcare for historically underrepresented students and patient populations.

All qualified individuals are encouraged to apply. Veterans’ preference is extended to qualified applicants, upon request and consistent with University policy and Utah state law. Upon request, reasonable accommodations in the application process will be provided to individuals with disabilities.

University of Utah Health Hospitals and Clinics, a part of The University of Utah, is an Affirmative Action/Equal Opportunity employer and does not discriminate based upon race, ethnicity, color, religion, national origin, age, disability, sex, sexual orientation, gender, gender identity, gender expression, pregnancy, pregnancy-related conditions, genetic information, or protected veteran's status. The University does not discriminate on the basis of sex in the education program or activity that it operates, as required by Title IX and 34 CFR part 106. The requirement not to discriminate in education programs or activities extends to admission and employment. Inquiries about the application of Title IX and its regulations may be referred to the Title IX Coordinator, to the Department of Education, Office for Civil Rights, or both.

To request a reasonable accommodation for a disability, please contact the University of Utah Health Hospitals and Clinics Human Resources office at 801-581-6500. If you or someone you know has experienced discrimination or sexual misconduct including sexual harassment, you may contact the Director/Title IX Coordinator in the Office of Equal Opportunity (OEO). More information, including the Director/Title IX Coordinator's office address, electronic mail address, and telephone number can be located at:www.utah.edu/nondiscrimination/

Online reports may be submitted atoeo.utah.edu/

The University is a participating employer with Utah Retirement Systems (“URS”). Eligible new hires with prior URS service, may elect to enroll in URS if they make the election before they become eligible for retirement (usually the first day of work). Contact Hospitals and Clinics Human Resources at (801) 581-6500 for information. Individuals who previously retired and are receiving monthly retirement benefits from URS are subject to URS’ post-retirement rules and restrictions. Please contact Utah Retirement Systems at (801) 366-7770 or (800) 695-4877 or Hospitals and Clinics Human Resources at (801) 581-6500 if you have questions regarding the post-retirement rules.

This position may require the successful completion of a criminal background check and/or drug screen.

Requisition Number 86681 Reg/Temp Regular Employment Type Full-Time Shift Day Work Schedule 8-5 Clinical/Non-Clinical Status Non-Clinical Location Name Business Services Building Workplace Set Up Hybrid City SALT LAKE CITY State UT Department COR ISC 10P FIN PLAN & DS ADMN Category Finance/Accounting Workplace Set Up Hybrid