Financial Analyst 2 at Cincinnati Children's

Cincinnati, Ohio, United States -

Full Time

Start Date

Immediate

Expiry Date

28 Mar, 26

Salary

86112.0

Posted On

28 Dec, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Analysis, Budgeting, Reporting, Data Analysis, Revenue Cycle Management, Cost Reduction, Procurement, Operations Management, Compliance, Team Leadership, Training, Performance Monitoring, Grant Management, Resource Allocation, Policy Review, Utilization Analysis

Industry

Hospitals and Health Care

Description

JOB RESPONSIBILITIES Financial Analysis- Prepares financial models/analyses to support current and proposed business transactions, service offerings, performance improvement initiatives, etc. Prepare utilization analysis and trending. Identify issues that require additional analysis and develop reporting to support the analysis. Assist in the development and implementation of the division's annual and capital budget. Develop and maintain reporting to provide monthly analysis of variances and to make recommendations. Analyze and monitor financial performance and assist in the reporting of financial results. Monitor and report productivity metrics. Provide support for revenue cycle management including billing, coding, charge capture and reporting. Research and resolve payer issues. Participate in projects/initiatives to reduce costs and meet revenue goals. Procurement and Operations- Responsible for purchasing activities, acquisition and allocation of resources. Participate in space planning. Monitor business processes to ensure effective and efficient operations; monitor efficient patient flow patterns to maximize clinical and staff efficiency; support the review of policies and procedures for improved utilization and operations; identify opportunities for improving cost and quality of care and develop and provide recommendations for improvement. Initiate departmental financial transactions with approval. Systems and Technology- Ensure accuracy of data recording and tracking in applicable clinical, human resource, financial and supply chain systems. Advance the use of technology for decision making processes. External Funding- Provide support for activities associated with external funded projects, including development and maintenance of grant budgets and expense tracking. Work with Sponsored Programs and other institutional regulatory offices to support compliance with NIH and other external sponsor guidelines for the application and management of awards. Interact with various program managers and principal investigators, as well as outside funding agencies, to achieve maximum reimbursement of program costs, and successfully satisfy reporting requirements of outside funding agencies. Leadership- May provide day-to-day functional leadership for a team or directly manage a minimal number of support staff. Establishes team goals. Gives input into, and performs employee performance reviews. Oversees and guides work assignments. Serves as the functional expert and provides guidance to the team. Assist in the training of new employees. Serve as a resource and/or mentor to coworkers. Assist in the development and presentation of department training. Identify training needs and provide necessary coaching. May participate in the development and monitoring of an effective staffing and retention strategy, including hiring and terminating employees. May collaborate with human resources business partners to meet talent management goals; support organizational programs/plans and ensure communication, and adherence to Human Resources policies and related legal and/or compliance requirements. JOB QUALIFICATIONS Bachelor's Degree in a related field Preferred: Bachelor of Science Degree in Accounting or Finance 2+ years of work experience in a related job discipline Primary Location Burnet Campus Schedule Full time Shift Day (United States of America) Department Perinatal Institute Admin Employee Status Regular FTE 1 Weekly Hours 40 *Expected Starting Pay Range *Annualized pay may vary based on FTE status $67,537.60 - $86,112.00 Market Leading Benefits Including*: Medical coverage starting day one of employment. View employee benefits here. Competitive retirement plans Tuition reimbursement for continuing education Expansive employee discount programs through our many community partners Shift Differential, Weekend Differential, and Weekend Option Pay Programs for qualified positions Support through Employee Resource Groups such as African American Professionals Advisory Council, Asian Cultural and Professional Group, EQUAL - LGBTQA Resource Group, Juntos - Hispanic/Latin Resource Group, Veterans and Military Family Advocacy Network, and Young Professionals (YP) Resource Group Physical and mental health wellness programs Relocation assistance available for qualified positions *Benefits may vary based on FTE Status and Position Type About Us At Cincinnati Children’s, we come to work with one goal: to make children’s health better. We believe in a holistic team approach, both in caring for patients and their families, and in advancing science and discovery. We strive to do better and find energy and inspiration in our shared purpose. If you want to be the best you can be, you can do it at Cincinnati Children’s. Cincinnati Children's is: Recognized by U.S. News & World Report as a top 10 best Children's Hospitals in the nation for more than 15 years Consistently among the top 3 Children's Hospitals for National Institutes of Health (NIH) Funding Recognized as one of America’s Best Large Employers (2025), America’s Best Employers for New Grads (2025) One of the nation's America’s Most Innovative Companies as noted by Fortune Consistently certified as great place to work A Leading Disability Employer as noted by the National Organization on Disability Magnet® designated for the fourth consecutive time by the American Nurses Credentialing Center (ANCC) We Embrace Innovation—Together. We believe in empowering our teams with the tools that help us work smarter and care better. That’s why we support the responsible use of artificial intelligence. By encouraging innovation, we’re creating space for new ideas, better outcomes, and a stronger future—for all of us. Comprehensive job description provided upon request. Cincinnati Children’s is proud to be an Equal Opportunity Employer committed to creating an environment of dignity and respect for all our employees, patients, and families. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, genetic information, national origin, sexual orientation, gender identity, disability or protected veteran status. EEO/Veteran/Disability Cincinnati Children’s is proud to be an Equal Opportunity Employer committed to creating an environment of dignity and respect for all our employees, patients, and families. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, genetic information, national origin, sexual orientation, gender identity, disability or protected veteran status. EEO/Veteran/Disability Completion of Application You will be asked to fully complete each page of the application to the best of your knowledge. Failure to complete all parts of the application will result in a delay in processing and/or rejection of the application. Need Assistance or Accommodation? Assistance with Application: For assistance or technical support, email applicationassistance@cchmc.org. Accommodation: We provide reasonable accommodations to qualified individuals with disabilities in accordance with the Americans with Disabilities Act and applicable state and local law. If you require an accommodation in the application process, email applicationassistance@cchmc.org.

Responsibilities

The Financial Analyst 2 prepares financial models and analyses to support business transactions and performance improvement initiatives. They also assist in budgeting, monitor financial performance, and provide recommendations for cost and quality improvements.