Compile relevant statistical and financial data on a daily, bi-weekly, monthly and quarterly basis, as required by its intended use.
Work with the areas of accounting, budget, data warehouse, and decision support systems to mine data and assemble the necessary information for the financial and statistical reports.
Review the data, normalize it if necessary, and adapt it for its maintenance and use for future reports.
Educate and assist Finance department heads in interpreting reports.
When necessary, design and create additional reports relating to volume and census, charges, costs, physician information and other required detail to help explain the factors underlying trends within the overall statistics.
Establish and maintain good rapport with both the providers and users of the data, and reports.
Prepare and analyze internal reports including based in the needs of the Executive leadership team.
Prepare budget projections for the workbooks in the Axiom software system (includes volume, revenues & expenses, and FTEs & salaries)
Prepare the capital budget worksheets and instructions for management
Prepare periodic analysis reports for the management team as needed
Support productivity and capital reporting
Comprehensive knowledge and understanding of CSMC general ledger accounts and reporting structures
Update the budget system with volume and general ledger data monthly via uploads from PeopleSoft
Update the budget system with payroll data on a bi-weekly basis via uploads from Lawson
Meet with and advise various levels of management as requested for budget assistance
Maintain structure and reporting responsibility lists in the budget system
Maintain policies and procedures for all budget processes
Prepare sections of the annual board book for capital and operating budget approval
Train new management on budget process and variance analysis as needed and/or requested
Continuously look for improvement opportunities with the budget and financial processes
Strong track record with respect to output quality, customer service, quality and process improvement initiatives, in addition to demonstrated excellence in maintenance and organization of paper and electronic documents.
Perform other duties and ad-hoc projects as assigned.
Master’s Degree preferred (in a related field – Finance, Healthcare Admin, Accounting or Economics) Bachelor's degree required in a related field (Finance, Healthcare Admin, Accounting or Economics preferred), or the equivalent.
Three years of experience in a related field (healthcare), or five years’ total experience in non-related field (finance, budgeting, accounting or economics preferred). Prior experience preparing capital and operating budgets preferably in a hospital environment, including knowledge of key statistics, terminology and the components of an income statement. Strong accounting knowledge is preferred. Good written and verbal communications skills are necessary. Excellent interpersonal skills are also required.
Normal office; occasionally may need to lift heavy boxes
In addition to professional development opportunities, Cedars-Sinai offers competitive compensation and benefits package: Medical, Dental, 403(b) with match in addition to Cedars-Sinai’s paid Retirement Program, Tuition Assistance, Credit Union, Wellbeing Program Rideshare, Employee Discounts, Healthcare and Dependent Care Reimbursement Accounts, Group Life/AD&D and Long Term Disability Insurance, start at 16 vacation days/year.
Providing healthcare for more than 100 years, Cedars-Sinai has evolved into one of the most dynamic and highly renowned medical centers in the world. Along with caring for patients, Cedars-Sinai is a hub for biomedical research and a training center for future physicians and other healthcare professionals. This attracts exceptional talent to Cedars-Sinai, including world-renowned physician-scientists who seek a place where they can both conduct research and see patients--the ideal formula for discovery and its translation into cures. Our patients benefit from access to doctors at the top of their fields, and our researchers have an ideal community in which to study the impact of healthcare challenges, and reflect that knowledge in their research. The greater Los Angeles area in which Cedars-Sinai resides possesses unparalleled cultural and ethnic diversity which offers outstanding opportunities for translational and clinical research... and a dynamic environment for medical education.Although community based, Cedars-Sinai is a major teaching hospital affiliated with the David Geffen School of Medicine at the University of California, Los Angeles (UCLA). Cedars-Sinai has highly competitive graduate medical education programs in more than 50 specialty and subspecialty areas, a graduate program in biomedical sciences and translational medicine, a clinical scholars program directed towards junior physicians with aspirations to become clinical scientists, and post graduate training opportunities.There are more than 250 full-time faculty members at Cedars-Sinai. The voluntary medical staff, comprised of more than 2,200 specialty board-certified or board-qualified physicians, represent all of the specialties and subspecialties and collaborate with full-time medical staff in the teaching responsibilities of the graduate medical education programs.