This position has access to and knowledge of extremely sensitive, private and confidential materials. Ability to maintain the highest standard is required with zero tolerance.
All the primary duties within this document will be performed according to established policies, procedures and guidelines within the department and the Medical Center.
The Financial Planning and Analysis Labor Management Specialist works under the supervision of the Manager of Labor Productivity. This position assists and/or performs tasks related to preparing, reporting, and maintaining the FTE and HPUOS forecast with the Senior Labor Management Specialist.
Gathers data from various systems to include forecasting, productivity management and benchmarking tools, decision support, time and attendance and general ledger. This individual will work, with guidance from the Senior Labor Management Specialist, with the Forecasting and Cost Accounting department, and leadership independently on planned and unplanned projects. This individual will work with the Financial Planning and Analysis team to drive culture change to support the efficient use of labor costs throughout the health system.
PRIMARY JOB DUTIES:
1.Assist operations management with daily, biweekly, and monthly analysis of their area's performance to forecast for labor. Act as a contact for the various department managers and administrators for forecasting analysis and quarterly forecast updates.
2.Supports quarterly forecast preparation with respect to targeted FTE's and dollars.
3.Responsible for appropriate, timely, and effective communication to all leadership levels on productivity and benchmarking related data.
4.Develop and maintain collaborative relationships related to statistics/departmental volumes and FTEs to ensure accurate forecasting.
5.Support and demonstrate proficiency of daily, biweekly, and monthly productivity monitoring system, which is required to be able to effectively aid department managers and directors on forecasting and issues.
6.Reviews and reconciles various data feeds on a daily, weekly, monthly and quarterly basis ensuring accuracy and completeness. Identifying and communicating any issues or variances to the team.
7.Supports organizational labor goals to identify opportunities and develop successful process solutions.
8.Assists in the education of all levels with regards to initiatives to improve labor productivity performance.
9.Professionally interacts with other areas such as operations, HR, analytics and more to support strategic initiatives.
10. Assists team with all system implementations, upgrades or modifications.
11. Understands the Lean philosophy and culture of NHRMC. Facilitates and/or participates on performance improvement teams.
12. Demonstrates teamwork through organized and effective communication of available capacity. Willingness to assist others on the team.
13. Performs other related duties as assigned.
ESSENTIAL JOB SPECIFICATIONS:
Education: Bachelor's Degree required in Business, Healthcare Administration, Finance, Analytics or related.
Licensure / Certifications: None required.
1.One to three (1-3) year(s) experience. Experience in a hospital or healthcare organization preferred.
2.Experience in data analysis and process improvement preferably in a large organization.
3.Experience in financial analysis and planning strongly preferred.
4.Strong written and verbal communication/presentation skills.
5.Independently plans, is highly organized, and manages multiple priorities well to meet timelines.
New Hanover Health Network