FINANCIAL ADMINISTRATOR CLINICAL
Apply NowCompany: H. Lee Moffitt Cancer Center
Location: Tampa, FL 33647
Description:
Financial Administrator Clinical
Position Highlights:
Responsibilities:
Credentials and Experience:
Preferred Experience:
Position Highlights:
- The Financial Administrator is responsible for providing analysis and business consulting services to support assigned clinical departments (ambulatory clinics, hospital ancillary services, inpatient nursing units, perioperative areas and/or Moffitt Medical Group Operations). Business consulting services are provided for ongoing operations as well as new products and services, often in collaboration with Strategic Planning, Corporate Business Development, and partnership services.
- Collaborates with administrative and clinical staff to identify opportunities to redesign processes to reduce costs and/or maximize revenue, while complying with payer and regulatory guidelines. Acts as a financial advisor to assigned areas. Interprets information from reports and other sources (which person in the role may have developed) and advises his/her customers of the meaning and impact of the information to the department and related strategies.
Responsibilities:
- Develops and maintains Institutional performance dashboards that report actual performance against predetermined financial, process and resource management goals.
- Fulfills complex report requests from leaders in the organization which requires problem solving and consulting skills.
- Superior analytical skills required to build and summarize a variety of simple and complex financial reports.
- Acts as a system analyst and develops new analyses, reports and dashboards to fulfill changing reporting needs.
- Performs monthly quality assurance reviews on data to ensure accuracy, identifies issues, and works with the necessary departments to resolve the data issues.
- Prepares various financial modeling to develop a justification and associated proforma for the recruitment of providers or clinical staff when necessary.
- Develops new analyses and reports as requested by the Department Administrator or Nursing Management.
- Trains and educates the various end users on the reporting tools and works with IT to continue further development of dashboards or enhancements to existing reports.
- Calculates and reports nursing or physician productivity.
- Interprets reports regarding financial performance, productivity and standards, and provides recommendations for areas of improvement.
- Produces monthly and annual complex ad-hoc requests and reports as requested by departments.
- Provides data, variance analysis, and consulting services for their assigned areas for the annual budget, quarterly forecast and monthly DTOPS.
- Supports development of financial forecasts as it relates to provider volumes and nursing resources.
- Collaborates with administrative and clinical staff when evaluating opportunities to reduce costs or maximize revenues.
- Prepares various financial modeling to develop a justification and proforma for new clinical service offerings and the expansion of services.
- Assists with new program and new business development by providing financial assessment of set up, costs, and revenue from a technical and professional cost/reimbursement perspective.
- Provides assistance with the development of strategic cost and margin strategies then translates these into the assumptions used in the annual budget and quarterly forecast.
- Provides support for Strategic Initiatives, including modeling estimated financial impact and reporting on results.
Credentials and Experience:
- Bachelor's Degree - field of study: Business, Accounting, or Finance
- Seven (7) years experience in financial analysis, healthcare finance or business administration.
- CPA Certification
- **In lieu of CPA, a Master's degree in related field or an additional three (3) years of experience in health care financial analytics support roles, including healthcare financial analysis, decision support, planning and health care economics for a total of ten (10) may be considered.
Preferred Experience:
- Experience with planning, budgeting, productivity and forecasting systems. Experience in financial analysis in a healthcare setting (Practice Management, Physician productivity data, billing data, nursing staffing analysis).