Principal Finance and Strategy Analyst, Performance Improvement (Hiring Immediately)

Job Overview :

We are seeking a dynamic and detail-oriented Lead Financial Analyst to join

our Enterprise Performance Improvement Division reporting to the Vice

President, Financial & Strategic Transformation.

In this role, you will support efforts to advance the performance of RWJ

Barnabas Health and all its subsidiaries.

The Performance Improvement Division focuses on ambitious but achievable goals

within our four pillars : service line development with a deep commitment to

provider alignment, workforce development and transformation, growth and

improved patient access, and financial performance and efficiency.

You will play a critical part in identifying, planning, executing, and most

importantly, tracking improvement efforts.

This data and visualization heavy role includes activities primarily related

to collecting and analyzing financial and operational data, identifying

trends, and providing insights that directly contribute to enhanced

operational efficiency and financial performance.

Qualifications : Required :

Required :

• Bachelors degree in Finance, Accounting, Economics, Health Administration or a related field.
• Proven experience as an Analyst, preferably within a healthcare or hospital setting.
• Strong analytical skills with the ability to collect, organize, analyze, and disseminate significant amounts of information with attention to detail and accuracy.
• Proficiency in financial modeling, forecasting techniques, and statistical analysis.
• Excellent communication and presentation skills, with the ability to convey complex financial information to non-financial stakeholders.
• The ability to work independently and as part of a team, managing multiple priorities and deadlines effectively.

Preferred :

• Masters degree in Finance, Accounting, Economics, Health Administration or a related field preferred.
• Advanced proficiency in Microsoft Excel and Tableau; experience with financial software and reporting databases is a plus.
• Understanding of healthcare operations, regulatory environment, and reimbursement models is preferred.

Scheduling Requirements :

• Full-time
• Hybrid work schedule

Essential Functions :

• Owning all aspects of a home-grown tracking tool, including transition from Excel into a tableau environment.
• Auditing data including transfer process from source systems into tracking tools.
• Reconciling realized savings to general ledger and other improvement reports.
• Identifying opportunities for automation of data feeds.
• Navigating disparate data systems and sources and synthesizing in one database.
• Develop financial models and forecasts based on specifications of individual projects.
• Supporting the Project Managers writing the specifications of Project Charter Key Performance Indicators.
• Attend, and if necessary, lead meetings in support of Project Managers related to analytic matters of various improvement projects.
• Prepare regular reports and presentations for senior management and stakeholders summarizing findings and proposing actions.
• Incorporating performance improvement savings into ongoing financial planning, including the annual operating budget.
• Aligning improvement efforts with system and hospital goals.
• Ability to perform deep assessment of disparate business units who are struggling financially or operationally to achieve their goals.
• Performing ad hoc analyses as directed by the Senior Vice President of Enterprise Performance Improvement Division or Chief Financial Officer.

Other Duties :

Please note this job description is not designed to cover or contain a

comprehensive listing of activities, duties or responsibilities that are

required of the employee for this job. Duties, responsibilities and activities

may change at any time, with or without notice.

Benefits and Perks :

At RWJBarnabas Health, our market-competitive Total Rewards package provides

comprehensive benefits and resources to support our employees physical,

emotional, social, and financial health.

• Paid Time Off (PTO)
• Medical and Prescription Drug Insurance
• Dental and Vision Insurance
• Retirement Plans
• Short- & Long-Term Disability
• Life & Accidental Death Insurance
• Tuition Reimbursement
• Health CareDependent Care Flexible Spending Accounts
• Wellness Programs
• Voluntary Benefits (e.g., Pet Insurance)
• Discounts through our partners, such as NJ Devils, NJ PAC, Verizon, and more!

Choosing RWJBarnabas Health!

RWJBarnabas Health is the premier health care destination providing patient-

centered, high-quality academic medicine in a compassionate and equitable

manner, while delivering a best-in-class work experience to every member of

the team. We honor and appreciate the privilege of creating and sustaining

healthier communities, one person and one community at a time. As the leading

academic health system in New Jersey, we advance innovative strategies in

high-quality patient care, education, and research to address both the

clinical and social determinants of health.

RWJBarnabas Health aims to truly make a unique impact in local communities

throughout New Jersey. From vastly improving the health of local residents to

creating educational and career opportunities, this combination greatly

benefits the state. We understand the growing and evolving needs of residents

in New Jersey whether that be enhancing the coordination for treating complex

health conditions or improving community health through local programs and

education.

Equal Opportunity Employer