Job Summary
The Financial Analyst II role exists to oversee the ongoing review of new prices, price adjustment
requests, and maintenance of all existing charge-related prices for the System. This role will also work closely with Revenue Cycle and other analytics teams.

Essential Functions of the Role
•    Provides financial analysis support to administrators and department directors. Assists in the efficient and cost-effective operation of BSWH.
•    Perform pricing analytics based on multiple data sources and provide oversight of the financial modeling associated with the System annual price changes; responsible for performing analytics, establishing methodologies, implementation, validation, and maintenance.
•    Prepares the 5-year financial operating forecast to include statistics, payer mix, payments capital, etc.
•    Prepares examination and presents and justifies findings, for any potential capital acquisitions, projects, new services, etc.
•    Provides ongoing budget vs. actual revenue and expense variance analysis. Reviews both standard and custom reports developed for the entity.
•    Prepares verbal or written results of examination of department operating efficiencies and presents/discusses them with management and others as required.
•    Develops and produces Management Reports as required/requested.
•    Prepares operating pro-formas for new services, projects, or capital as needed. Understands financial operations and works with all levels of assigned areas, finance, and clinical management/personnel to ensure examination accuracy.
•    Evaluate pricing opportunities for new care-delivery models, including but not limited to: digital health projects, new technologies, and new service lines.
•    Serves as liaison between the assigned area and Recommendation Support Services and other finance areas of BSWH, particularly Revenue Cycle Analytics projects.
•    Maintains professional growth by joining educational programs and organizations. Stays updated on current trends, practices, and developments.
•    Conducts finance training for BSWH personnel as directed.

Key Success Factors
•    Advanced Financial Modeling - advanced in excel and/or access database, knowledge of regression analysis, and other financial analytics systems.
•    Excellent written and verbal communication skills - the ability to effectively communicate complex financial data to senior Finance and service line leadership.
•    Project Management Experience.
•    Attention to detail and very organized.
•    Ability to adapt to an ever-changing environment.
•    Problem-solver with limited supervision.
•    Passion for healthcare and a positive attitude.
•    Entrepreneurial spirit.
 

About Us

Here at Baylor Scott & White Health we promote the well-being of all individuals, families, and communities. Baylor Scott and White is the largest not-for-profit healthcare system in Texas that empowers you to live well.

Our Core Values are:

We serve faithfully by doing what's right with a joyful heart.We never settle by constantly striving for better.We are in it together by supporting one another and those we serve.We make an impact by taking initiative and delivering exceptional experience.

Benefits

Our benefits are designed to help you live well no matter where you are on your journey. For full details on coverage and eligibility, visit the Baylor Scott & White Benefits Hub to explore our offerings, which may include:

Eligibility on day 1 for all benefitsDollar-for-dollar 401(k) match, up to 5%Debt-free tuition assistance, offering access to many no-cost and low-cost degrees, certificates and moreImmediate access to time off benefits

At Baylor Scott & White Health, your well-being is our top priority.

Note: Benefits may vary based on position type and/or level

Belonging Statement

We believe that all people should feel welcomed, valued and supported, and that our workforce should be reflective of the communities we serve.

QUALIFICATIONS

EDUCATION - Bachelor'sEXPERIENCE - 3 Years of Experience