What are the responsibilities and job description for the Financial Analyst III position at Duke Health?
Duke Health Integrated Practice is an exceptional, multi-specialty physician practice encompassing 140 clinics across North Carolina. We attract and retain premier medical professionals with competitive compensation, benefits, and a nurturing work atmosphere that unites passion and purpose.
Learn more about us: https://dhip.dukehealth.org/about-us
JOB LOCATION
DHIP Administrative Offices RTP - 4825 Creekstone Dr, Durham, NC
JOB SUMMARY
We are seeking a Financial Analyst III to join our growing Financial Services – Physician Compensation team located at 4825 Creekstone Drive, Durham, NC to plan, develop and prepare quantified analysis of key drivers for physician compensation and productivity, as well as, collect, interpret and communicate key findings to leadership audiences through timely, clear, polished and engaging reports.
JOB DUTIES AND RESPONSIBILITIES
- Collect, interpret and communicate key findings to leadership audiences through timely, clear, polished, and engaging reports.
- Calculate and validate physician compensation changes based on effort changes, promotion, etc.
- Assist in preparation of the annual Physician compensation budget across both the School of Medicine (SOM) and the clinical practice (DHIP)
- Maintain internal physician compensation database, regularly updating and reconciling based upon approved changes.
- Plan, develop and prepare quantified analysis of physician compensation and productivity, including physician compensation benchmarking and incentive accruals.
- Independently perform complex and specialized assignments, as well as collaborate with team to meet group shared targets for value-added analytical reports.
- Review analyses for accuracy, fluency, and reasonableness; validate and assess assumptions.
- Must be a detail-oriented, analytical thinker with excellent written communication skills, dedicated to support of physician enterprise.
- Assist in the development, implementation and management of financial systems and multiple tools used for analysis and reporting.
- Plan and implement most efficient methods for data retrieval, organization of data for reports, and analysis of results to root cause.
JOB ELIGIBILITY REQUIREMENTS
- Work requires a Bachelor's degree in Accounting, Finance, Economics, Business Administration or a related field. CPA is desirable.
- Work requires a minimum of six years experience in financial management, cost accounting or a field directly related to specialized area of assignment.
Some roles within our organization may encompass essential job functions requiring distinct physical and/or mental capabilities. Further details and accommodation requests will be addressed by individual hiring departments.
Duke Health Integrated Practice is dedicated to Equal Opportunity Employment, fostering a diverse workforce without regard to age, color, disability, gender, gender expression, gender identity, genetic information, national origin, race, religion, sex, sexual orientation, or veteran status.
We aspire to build a community grounded in collaboration, innovation, creativity, and belonging. Our shared achievements rely on a dynamic exchange of ideas, flourishing best when a multitude of perspectives, backgrounds, and experiences thrive. Upholding these values is a collective responsibility within our community.
This job description aims to outline representative responsibilities for this title, not an exhaustive account of specific duties. Employees may be assigned job-related tasks beyond those explicitly outlined here.
