Supply Chain Performance/Finance Analyst

Note: This is a Hybrid Position. Location: 8100 Greenbriar

Supply Chain Performance/Finance Analyst

•Strong analytical skills, attention to detail, and knowledge of healthcare service lines

•Three years of experience working in Healthcare Finance

•Experience in identifying cost-savings opportunities

•Knowledge of General Ledgers, Income Statements and Balance Sheets

At Houston Methodist, the Supply Chain (SC) Performance Analyst position is responsible for maintaining and performing complex data analysis related to the Supply Chain management functions and performance of the assigned entity or hospital and/or contractual relationship. This position is also responsible for independently compiling and reporting information as requested by Supply Chain Management, Financial Accounting, Internal Audit, Clinical Education and entity management or administration. The SC Performance Analyst position works collaboratively with teams and may serve as a liaison with Information Technology Business Intelligence, Enterprise Resource Planning and other stakeholders, as needed. This position is actively involved in developing and advancing best practices and tools for business analysis. The SC Performance Analyst position highlights performance abnormalities, identifies discrepancies and problems and researches solutions and makes recommendations to management for continuous improvement. This position uses data visualization skills to report statistical information on inventory systems, spend and savings trends and strategic supply chain initiatives in graphical and other presentation formats. Other responsibilities for the SC Performance Analyst position may include assistance with annual operating budgets and maintenance of monthly dashboards of key indicators and external benchmarks. This position may also be assigned to additional responsibilities such as supporting financial reconciliation, contract compliance and service-related savings opportunities.

PEOPLE ESSENTIAL FUNCTIONS

• Interacts with all levels within the department, other institutional departments, and across the organization as well as outside companies to resolve problems/errors or questions regarding Supply Chain metrics, initiatives or performance in a timely manner.

• Effectively and proactively communicates with all stakeholders to resolve issues and discrepancies in a timely manner and ensures their accurate understanding of the analytics.

SERVICE ESSENTIAL FUNCTIONS

• Extracts data from appropriate sources so that reports can be generated, analyzed and reconciled with the appropriate personnel. Generates accurate and timely reports.

• Assists department administrators and team members, hospital and entity leadership in managing supply chain and operational performance.

QUALITY/SAFETY ESSENTIAL FUNCTIONS

• Develops, monitors and reports key system operational indicators and recommends improvements. Highlights performance issues, identifies problems and researches solutions as well as opportunities to reduce costs or improve accuracy and efficiencies. Makes recommendations to management for improvement.

• Follows all internal audit requirements for appropriate system applications.

• Utilizes/enhances tools to improve the accuracy of supply chain analytics and enhance revenue opportunities.

FINANCE ESSENTIAL FUNCTIONS

• Maintains monthly dashboard of key indicators and external benchmarks as defined by management. Prepares and maintains expense models. Compiles information needed for organization profit and loss statement as required.

• Reviews contracts, calculates actual vs. projected savings models as appropriate.

• Utilizes resources effectively and efficiently, demonstrating financial stewardship. Manages own time effectively and prioritizes work to achieve maximum results in a timely manner.

• Supports and develops auditing, reporting and contract modeling tools as needed for identification and analysis of supply chain financial performance and contract performance as well as modeling and analysis of potential opportunities.

GROWTH/INNOVATION ESSENTIAL FUNCTIONS

• Maintains procedures and Standards of Practice (SOP's) for supply chain processes.

• Maintains working knowledge of inventory, contracting, clinical value analysis, vendor and accounting systems. Maintains working knowledge of hospital and entity operational methodologies and affecting government regulations, as applicable.

• Proactively manages own career development. Completes My Development Plan (MDP).

• Identifies and recommends opportunities to employ new or enhanced functionality in support of continued performance improvement. Develops and advances best practices and tools for business analysis.

This job description is not intended to be all-inclusive; the employee will also perform other reasonably related business/job duties as assigned. Houston Methodist reserves the right to revise job duties and responsibilities as the need arises.

EDUCATION

• Bachelor's degree in supply chain, finance, accounting, healthcare administration, business administration or related field

WORK EXPERIENCE

• Three years of supply chain, operational or financial analysis experience

• Experience in a healthcare environment preferred