Financial Decision Support Analyst at WVU Medicine: Your Career in Healthcare Finance

Role Overview

Are you a detail-oriented financial professional with a passion for healthcare? WVU Medicine is seeking a Financial Decision Support Analyst to join our dynamic team. In this role, you will provide critical financial and statistical analyses that support decision-making across our extensive healthcare system. Your expertise will help organizational leaders make informed choices, ensuring the financial health and stability of WVU Medicine.

As a Financial Decision Support Analyst, you will compile financial and statistical data from various sources and systems to create comprehensive financial reports. These reports will be used by executive leadership and management to guide strategic decisions and optimize resource allocation. Your ability to interpret complex data and present it in a clear, concise manner will be essential to your success.

A Day in the Life

Here’s a glimpse into what a typical day might look like for a Financial Decision Support Analyst at WVU Medicine:

• Morning: You start your day by running routine financial reports that are required on a daily or weekly basis. These reports provide a snapshot of key financial metrics and help identify any potential issues or trends.
• Mid-Day: You work on ad-hoc financial analysis and proforma support for assigned hospital executive and department leadership. This might involve analyzing the financial impact of a new service line or evaluating the feasibility of a capital investment.
• Afternoon: You prepare month-end statistics for assigned Acute and Critical Access Hospitals, ensuring that the data is accurate and ready for upload to the General Ledger (GL) System. You also answer any questions from leadership or management regarding these statistics.
• Late Afternoon: You collaborate with team members to troubleshoot any information system issues within the decision support platform. You also investigate systems like Strata, Epic Slicer Dicer, and Tableau to identify relationships between data and improve data optimization.

Why WVU Medicine and Morgantown, West Virginia?

WVU Medicine is a leading healthcare system in West Virginia, known for its commitment to patient care, innovation, and community engagement. As a member of our team, you will have the opportunity to work with talented professionals and make a meaningful impact on the health and well-being of the communities we serve.

Morgantown, West Virginia, offers a vibrant and affordable lifestyle. Home to West Virginia University, Morgantown boasts a thriving arts and culture scene, excellent schools, and a wide range of outdoor recreational activities. Whether you enjoy hiking, biking, kayaking, or exploring local shops and restaurants, Morgantown has something for everyone.

Career Path

WVU Medicine is committed to the professional growth and development of our employees. As a Financial Decision Support Analyst, you will have opportunities to advance your career through training, mentorship, and internal promotion.

Potential career paths for this role include:

• Senior Financial Analyst: With experience and proven performance, you can advance to a Senior Financial Analyst role, taking on more complex projects and providing guidance to junior analysts.
• Financial Manager: As a Financial Manager, you will oversee a team of analysts and be responsible for the financial planning and analysis functions for a specific department or hospital within the WVU Medicine system.
• Director of Finance: With significant experience and leadership skills, you can advance to a Director of Finance position, where you will be responsible for the overall financial strategy and performance of a major division within WVU Medicine.

Salary and Benefits

WVU Medicine offers a competitive salary and benefits package that is designed to attract and retain top talent. The salary range for the Financial Decision Support Analyst position typically falls between $65,000 and $95,000 per year, depending on experience, education, and skills.

In addition to a competitive salary, WVU Medicine offers a comprehensive benefits package that includes:

• Health Insurance: Medical, dental, and vision coverage.
• Paid Time Off: Generous paid time off (PTO) and holidays.
• Retirement Plan: 401(k) or 403(b) retirement plan with employer matching.
• Life Insurance: Basic and supplemental life insurance options.
• Disability Coverage: Short-term and long-term disability coverage.
• Flexible Spending Accounts: Flexible spending accounts (FSA) for healthcare and dependent care expenses.
• Employee Assistance Program: Confidential counseling and support services.
• Wellness Programs: Programs and resources to support your physical and mental well-being.
• Professional Development: Opportunities for training, education, and professional certification.
• Tuition Reimbursement: Tuition reimbursement for eligible employees pursuing advanced degrees.
• Employee Discounts: Discounts on WVU Medicine services, as well as local and national retailers.

WVU Medicine Culture

WVU Medicine is committed to creating a positive and supportive work environment for all employees. We value teamwork, collaboration, and continuous improvement. Our employees are encouraged to share their ideas, take initiative, and contribute to the overall success of the organization.

We also recognize the importance of work-life balance and offer flexible work arrangements whenever possible. We are committed to promoting diversity and inclusion and creating a workplace where everyone feels valued and respected.

How to Apply

To apply for the Financial Decision Support Analyst position at WVU Medicine, please visit our careers website and submit your application online. Be sure to include a resume and cover letter that highlight your relevant experience and qualifications.

Frequently Asked Questions (FAQ)

1. What are the minimum qualifications for this position?

   The minimum qualifications include a Bachelor’s Degree in Business Administration, Accounting, Finance, Hospital Administration or related field AND two (2) years of experience in financial analysis and reporting. A Master’s Degree in a related field can substitute for the experience requirement.

2. What are the preferred qualifications?

   Preferred qualifications include experience in the healthcare industry with statistical metrics, population-based proformas, forecasting, and budgeting. Experience with Workday, Epic, StrataJazz, and Tableau is also highly desirable.

3. What are the core duties and responsibilities of this role?

   The core duties and responsibilities include developing and running financial reports, providing ad-hoc financial analysis, preparing month-end statistics, and assisting with the forecasting and budgeting processes.

4. What is the salary range for this position?

   The salary range for the Financial Decision Support Analyst position is typically between $65,000 and $95,000 per year, depending on experience, education, and skills.

5. What benefits does WVU Medicine offer?

   WVU Medicine offers a comprehensive benefits package that includes health insurance, paid time off, retirement plan, life insurance, disability coverage, flexible spending accounts, and more.

6. What is the work environment like at WVU Medicine?

   WVU Medicine is committed to creating a positive and supportive work environment for all employees. We value teamwork, collaboration, and continuous improvement.

7. What opportunities are there for career advancement?

   WVU Medicine is committed to the professional growth and development of our employees. Potential career paths for this role include Senior Financial Analyst, Financial Manager, and Director of Finance.

8. Is this a remote position?

   Yes, this position is currently designated as remote, allowing you to work from the comfort of your home.

9. What software and systems will I be using in this role?

   You will be using a variety of software and systems, including Workday, Epic, StrataJazz, Tableau, and other financial reporting tools.

10. How does WVU Medicine support employee well-being?

    WVU Medicine offers a variety of wellness programs and resources to support your physical and mental well-being, including an employee assistance program and access to wellness activities.