Sep 07, 2024

Finance Business Partner - Decision Support - F/T Days (HYBRID)

Finance

Job Description

Overview:

UCI Health is the clinical enterprise of the University of California, Irvine, and the only academic health system based in Orange County. UCI Health is comprised of its main campus, UCI Medical Center, a 459-bed, acute care hospital in in Orange, Calif., four hospitals and affiliated physicians of the UCI Health Community Network in Orange and Los Angeles counties and ambulatory care centers across the region. Listed among America’s Best Hospitals by U.S. News & World Report for 23 consecutive years, UCI Medical Center provides tertiary and quaternary care and is home to Orange County’s only National Cancer Institute-designated comprehensive cancer center, high-risk perinatal/neonatal program and American College of Surgeons-verified Level I adult and Level II pediatric trauma center, gold level 1 geriatric emergency department and regional burn center. UCI Health serves a region of nearly 4 million people in Orange County, western Riverside County and southeast Los Angeles County.

To learn more about UCI Health, visit www.ucihealth.org.

Responsibilities:

Position Summary:

The University of California, Irvine, a career destination unlike any other, is built upon a rich history of academic and healthcare excellence. We are supported by a globally unique team of academic professionals, researchers, medical experts, and staff. Guided by our mission, vision, and strategic pillars, we thrive in a collaborative environment. We celebrate and leverage the diverse experiences and perspectives of our UCI community to continue to push the boundaries of innovation. Your opportunity to be a part of an award winning team, advancing your career journey, is now!

 

 

Incumbent is responsible for the provision of patient-level financial and clinical data and analysis to inform and partner with the medical center/assigned service line for financial and strategic decision making. Responsible for development of benchmarking, productivity metrics and service line analysis and data extract. Creates and presents market, financial, utilization and additional reports for service lines. Develops information and modeling to create effective recommendations to supervision/management. Analyzes current and past trends in key performance indicators including all areas of revenue, expenses and capital expenditures. Prepares proformas for the effective analysis of new proposals or initiatives. Works with assigned service line to review internal and external trend analyses and effectively identify corrective measures as needed. Provides for the measurement and benchmarking of business operations in relation to best business practices for the healthcare industry and internal business objectives.

 

Essential Job Functions:

The identification of essential functions below is not intended to be an exhaustive list of all duties that may be assigned to this position, nor does it restrict the duties which may be assigned to this position if such duties reasonably relate to the position.

  • Works with assigned service line to review internal and external trend analyses and effectively identify corrective measures as needed; Participates in the effective analysis of clinical/physician profiling and comparative analysis; Effectively makes internal and external contacts as necessary to obtain or validate data; Performs qualitative studies and comprehensive complex analyses. Prepares summary reports containing conclusions; Researches facts, evaluates alternatives, and makes recommendations for the most effective financial performance. 10%
  • Responsible for development of benchmarking, productivity metrics and service line analysis and data extract. Creates and presents market, financial, utilization and additional reports for service lines. Develops tools to assist business leaders to manage and track performance to organizational goals. 10%
  • Participates in the preparation of the annual operating budget. Works with assigned service line in the business planning and budgeting activities to align service line budgets with organizational goals. Performs all functions necessary to implement, maintain, and improve data integrity for the cost accounting and budget system. Works with department management throughout the year on Monthly Operating Reviews to assist with reconciliation of budget variances. Responsible for the accurate position control maintenance for each of the service line areas. 50%
  • Develops information and modeling to create effective recommendations to supervision/management; Performs complex ad-hoc reporting and analysis and provides accurate and timely financial recommendations to management for decision making purposes. Assists with the preparation and completion of all finance analytics and reporting obligations. 10%
  • Communicates effectively with upper management, peers and other disciplines within the hospital, outside agencies and other entities to ensure prompt and proper exchange of information and resolution of issues; Consults appropriately with internal and external organizations for accurate data sources; Troubleshoots unresolved problems. 10%
  • Analyzes current and past trends in key performance indicators including all areas of revenue, expenses, equity transfers and capital expenditures. Prepares proformas for the effective analysis of new proposals or initiatives. Identifies creative solutions and prepares alternative recommendations as appropriate; effectively provides consultative advice in area of expertise; Makes recommendations for improving existing processes based on analysis and follows through as appropriate. 10%
Qualifications:

Total Compensation

We offer a wealth of benefits to make working at UCI even more rewarding. These benefits may include medical insurance, sick and vacation time, retirement savings plans, and access to a number of discounts and perks. Please utilize the links listed here to learn more about our compensation practices and benefits.


Required Qualifications:

  • Must possess general knowledge of various reimbursement methodologies (per diem, per case, capitation, indemnity, etc)
  • Must demonstrate ability to effectively communicate with staff and senior management
  • Excellent written and verbal communication skills in English
  • Evidence of sound critical thinking skills and the ability to think creatively and strategically
  • Demonstrated knowledge of Excel, Access, PowerPoint, Word
  • Demonstrated knowledge of Decision Support Systems and subsystems
  • Demonstrated advanced level of analytical skill
  • Bachelor's degree or an equivalent combination of education and experience
  • Ability to maintain a work pace appropriate to the workload
  • Ability to establish and maintain effective working relationships across the Health System
  • Ability to anticipate questions and address information needs by providing comprehensive analyses
  • 5 years of experience in a hospital based environment working with general ledger and cost data as well as service line and payor analysis


Preferred Qualifications:

  • Previous experience in an academic medical center or complex teaching environment
  • Master‘s degree in business administration, health administration, CPA, or other relevant degree program
  • Knowledge of University and medical center organizations, policies, procedures and forms

 

Conditions of Employment:

The University of California, Irvine (UCI) seeks to provide a safe and healthy environment for the entire UCI community. As part of this commitment, all applicants who accept an offer of employment must comply with the following conditions of employment:

  • Background Check and Live Scan
  • Legal Right to Work in the United States
  • Vaccination Policies
  • Smoking and Tobacco Policy
  • Drug Free Environment

The following additional conditions may apply, some of which are dependent upon business unit or job specific requirements.

  • California Child Abuse and Neglect Reporting Act
  • E-Verify
  • Pre-Placement Health Evaluation

Details of each policy may be reviewed by visiting the following page: https://hr.uci.edu/new-hire/conditions-of-employment.php




Closing Statement:

The University of California, Irvine 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, disability, age, protected veteran status, or other protected categories covered by the UC nondiscrimination policy.

We are committed to attracting and retaining a diverse workforce along with honoring unique experiences, perspectives, and identities. Together, our community strives to create and maintain working and learning environments that are inclusive, equitable, and welcoming.

UCI provides reasonable accommodations for applicants with disabilities upon request. For more information, please contact UCI's Employee Experience Center (EEC) at eec@uci.edu or at (949) 824-0500, Monday - Friday from 8:30 a.m. - 5:00 p.m.


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