Senior Financial Analyst at WVU Medicine - Weirton Medical Center

Role Overview

The Senior Financial Analyst position at WVU Medicine's Weirton Medical Center (WMCH) is a crucial role that supports the financial health and strategic initiatives of assigned departments and service lines. This position demands a highly skilled financial professional who can not only analyze historical data but also leverage available data to provide a forward-thinking perspective. The Senior Financial Analyst is responsible for budgeting, productivity analysis, contract review, and various ad hoc analyses. They work collaboratively with department leaders, team members, and the accounting and budgeting departments to ensure accurate budgeting, monitor financial results, maximize margin enhancement opportunities, and drive financial performance.

A Day in the Life

A typical day for a Senior Financial Analyst at WMCH involves a variety of tasks that require strong analytical and communication skills. The day might start with reviewing financial reports and identifying key variances between actual and budgeted results. The analyst will then delve into the data to understand the root causes of these variances and develop actionable insights. This often involves extracting raw data from various sources and transforming it into summarized executive reports using complex Excel spreadsheets and database reporting tools. Throughout the day, the Senior Financial Analyst collaborates with department leaders and managers to discuss financial performance, identify areas for improvement, and develop strategies to enhance revenue and control costs. They also support the operating and capital budgeting processes, ensuring that budgets are aligned with strategic goals and financial targets. A significant portion of the day may be spent conducting financial analysis related to new services, provider needs, and strategic initiatives. Collaboration with the finance and reimbursement team is also common, especially when working on larger-scale financial projections. The analyst may participate in meetings, prepare presentations, and provide financial expertise to support decision-making.

Why Weirton, West Virginia?

Weirton, West Virginia, offers a unique blend of small-town charm and access to larger metropolitan areas. Located in the northern panhandle of West Virginia, Weirton provides a more affordable cost of living compared to many other parts of the country. This allows WVU Medicine employees to enjoy a comfortable lifestyle while pursuing a rewarding career. The city boasts a strong sense of community and a welcoming atmosphere. Residents enjoy access to local parks, recreational facilities, and community events. Weirton's proximity to Pittsburgh, Pennsylvania, also provides access to a wide range of cultural, entertainment, and dining options. This balance of small-town living with big-city amenities makes Weirton an attractive place to live and work. WVU Medicine's presence in Weirton provides stable employment opportunities and contributes to the economic vitality of the region. Working at WMCH allows employees to make a positive impact on the health and well-being of the local community.

Career Path

The Senior Financial Analyst position offers a solid foundation for career advancement within WVU Medicine. With experience and demonstrated success, the analyst can progress to roles with increased responsibility and leadership opportunities. Potential career paths include: * **Finance Manager:** Oversee a team of financial analysts and manage the financial operations of a department or service line. * **Budget Director:** Lead the budget planning and forecasting process for the entire organization. * **Controller:** Manage the accounting and financial reporting functions of WMCH. * **Director of Finance:** Provide strategic financial leadership and guidance to the organization. * **Chief Financial Officer (CFO):** The top financial executive, responsible for all financial aspects of the organization. WVU Medicine is committed to providing employees with opportunities for professional growth and development. The organization offers training programs, mentorship opportunities, and tuition reimbursement to help employees advance their careers.

Salary & Benefits

The estimated salary range for the Senior Financial Analyst position at WVU Medicine - Weirton Medical Center is $75,000 to $110,000 per year. The actual salary offered will depend on the candidate's experience, qualifications, and the specific needs of the department. WVU Medicine offers a comprehensive benefits package to its employees, including: * **Health Insurance:** Medical, dental, and vision coverage. * **Prescription Drug Coverage** * **Flexible Spending Accounts (FSA) or Health Savings Accounts (HSA)** * **Life Insurance** * **Disability Insurance:** Short-term and long-term disability coverage. * **Paid Time Off (PTO):** Vacation, sick leave, and holiday pay. * **Retirement Plan:** 401(k) or 403(b) with employer matching. * **Employee Assistance Program (EAP)** * **Tuition Reimbursement:** Assistance for continuing education. * **Employee Discounts** * **Wellness Programs** These benefits are designed to support the health, well-being, and financial security of WVU Medicine employees and their families. ## WVU Medicine Culture WVU Medicine is known for its commitment to patient-centered care and its collaborative, supportive work environment. The organization values teamwork, innovation, and continuous improvement. Employees are encouraged to share their ideas, contribute to problem-solving, and participate in decision-making. WVU Medicine is also committed to diversity and inclusion. The organization believes that a diverse workforce leads to better patient care and a more innovative work environment. WVU Medicine strives to create a welcoming and inclusive environment for all employees, regardless of their background or identity. The organization also emphasizes the importance of work-life balance. WVU Medicine understands that employees have responsibilities outside of work and strives to provide flexible work arrangements and resources to help employees manage their personal and professional lives. ## How to Apply To apply for the Senior Financial Analyst position at WVU Medicine - Weirton Medical Center, please click the "Apply" button located at the top of the job posting. Complete the application in full and attach your resume and cover letter. Be sure to highlight your relevant experience, skills, and qualifications. WVU Medicine is an equal opportunity employer and welcomes applications from all qualified candidates. ## Frequently Asked Questions (FAQ) **1. What are the key responsibilities of a Senior Financial Analyst at WVU Medicine?** The Senior Financial Analyst is responsible for financial analysis, budgeting, forecasting, variance analysis, and providing financial support to assigned departments and service lines. They work collaboratively with department leaders and the finance team to ensure accurate budgeting, monitor financial results, and identify opportunities for margin enhancement. **2. What qualifications are required for this position?** A Bachelor’s degree in accounting, finance, or a related field is required. Three years of experience in accounting/finance is also necessary. Preferred qualifications include a CPA certification, a Master’s degree in accounting, finance, or business administration, and five years of financial experience, including three years in a healthcare financial position. **3. What skills are important for success in this role?** Strong analytical skills, proficiency in Microsoft Excel and database reporting tools, excellent communication and interpersonal skills, and the ability to work independently and as part of a team are essential for success in this role. **4. What is the salary range for this position?** The estimated salary range for the Senior Financial Analyst position is $75,000 to $110,000 per year. The actual salary offered will depend on the candidate's experience, qualifications, and the specific needs of the department. **5. What benefits does WVU Medicine offer to its employees?** WVU Medicine offers a comprehensive benefits package, including health insurance, prescription drug coverage, flexible spending accounts, life insurance, disability insurance, paid time off, a retirement plan, an employee assistance program, and tuition reimbursement. **6. What is the work environment like at WVU Medicine?** WVU Medicine is known for its commitment to patient-centered care and its collaborative, supportive work environment. The organization values teamwork, innovation, and continuous improvement. **7. What opportunities for career advancement are available at WVU Medicine?** The Senior Financial Analyst position offers a solid foundation for career advancement within WVU Medicine. Potential career paths include Finance Manager, Budget Director, Controller, Director of Finance, and Chief Financial Officer (CFO). **8. How does WVU Medicine support work-life balance?** WVU Medicine understands that employees have responsibilities outside of work and strives to provide flexible work arrangements and resources to help employees manage their personal and professional lives. **9. Is WVU Medicine an equal opportunity employer?** Yes, WVU Medicine is an equal opportunity employer and welcomes applications from all qualified candidates. **10. How can I learn more about WVU Medicine?** You can learn more about WVU Medicine by visiting our website at [Insert WVU Medicine Website Here]. You can also follow us on social media to stay up-to-date on the latest news and events.