WMU Homer Stryker M.D. School of Medicine

Senior Financial Analyst

Job Locations US-MI-Kalamazoo
Posted Date 1 week ago(3/12/2018 11:06 AM)
Job ID
# of Openings
Target Salary


Western Michigan University Homer Stryker MD School of Medicine (WMed) is recruiting for a Senior Financial Analyst.  In this role, the ideal candidate will perform a broad range of planning and analysis for WMed and affiliated companies.  Monitors actual results of financial data against plans and budgets, determines trends, and explains financial results.  Prepares detailed reports and presentations for review by all levels of management. Also, provides moderately complex financial analyses and reports as needed.  Analyzes financial data by collecting, monitoring, and creating budgets and benchmarks, determines trends and helps to explain results.  Gathers, organizes, and documents relevant financial information. Provides oversight and coordination of operating reports and statutory filings for assigned functional areas. Leads and manages projects and continuous improvement efforts as defined by Administration, using standard approach (define, plan, implement, and monitor).   Provides analytical expertise and comparative analysis to support complex decision-making by Administration.


Areas of focus include:


Physician compensation analysis 


Assists Associate Dean of Administration and Finance in implementing and overseeing elements of the Physician Compensation Program, to include quantitative and qualitative analysis of healthcare and financial data, annual compensation calculations, oversight of payroll approvals and financial accruals, benchmarking of physician comp and productivity statistics, budgeting physician data (labor budget, revenue budget, and statistical budget); assists with decision support for financial proformas; provides construction of databases and reports. 


Revenue cycle analysis


Reviews and monitors the overall financial status of clinical revenue from services provided in clinical settings. Reviews, designs, and implements processes for pricing and performs financial analyses to ensure that the clinical revenue cycle is effective.


This position requires a high level of integrity as it deals closely with confidential information. 



  • Provide timely, relevant and accurate reporting & analysis of the results of the organization’s performance against historical, budgeted, and strategic planning results to facilitate decision-making toward the achievement of the budget and strategic plan.
  • Analyze data to ensure proper accounting procedures have been followed. Investigate and report inconsistencies or improprieties.
  • Analyze financial data by collecting, monitoring, identifying trends, and creating financial models to share and recommend actions to administration.
  • Maintain controls to assure the integrity of financial data and compliance with GAAP.
  • Develop sound revenue cycle analysis and reporting; track metrics related to the patient engagement cycle.
  • Responsible for updating and maintaining the Charge Master/Fee schedules and propose process improvements related to reimbursement methodologies.   
  • Assist with any new business processes.
  • Prepare and analyze account reconciliations and analysis promptly for assigned functional areas.
  • Prepare monthly balance sheet, income statement and changes in financial position/budget variance analysis for assigned functional areas.
  • Recommend actions by analyzing and interpreting data and making comparative analyses.
  • Maintain and develop various financial models for use by the organization during the planning processes, ensuring quality, accuracy and focused analytic review.
  • Assist with the annual budgeting process.
  • Prepare financial reports, charts, tables and other exhibits as requested.
  • Demonstrate appropriate understanding / working knowledge of accounting principles and internal controls, and apply them.
  • Provide financial tracking support to departments.
  • Identify non-value added processes within the department and seeks solutions.
  • Responsible for performing special projects to improve process efficiency and performance.
  • Availability to work occasional overtime on weekends or evenings to complete time sensitive or seasonal projects.
  • Availability for occasional overnight/out-of-town travel.
  • Acquires knowledge for new technology and policy/procedure revisions.
  • All other duties as assigned.



    • Bachelor’s degree in Finance, Accounting, Healthcare Administration, Business, or a related field required.  
    • A minimum of three (3) years’ experience analyzing healthcare data and a minimum of four (4) years’ experience analyzing quantitative or financial compensation data preferred.
    • Thorough understanding of Generally Accepted Accounting Principles (GAAP).
    • Five years’experience in accounting with financial emphasis highly desirable.
    • Requires strong database management, analytical, and reporting skills. 
    • Requires high level of proficiency in ERP systems, data mining systems, Excel, and Microsoft Word, Microsoft Power BI, Crystal Reports and related office productivity tools. 
    • Ability to manage multiple priorities an deliver timely results.

About Western Michigan University Homer Stryker M.D. School of Medicine


As one of the newer US medical schools, WMed is an exciting environment to pursue an academic career. The medical school is a collaboration of Western Michigan University, and Kalamazoo's two teaching hospitals, Borgess Health and Bronson Healthcare. Planning for the new medical school began in 2008 and WMed was granted provisional accreditation from the Liaison Committee on Medical Education and candidate status by the Higher Learning Commission in 2016.  The school, which welcomed its inaugural class in August 2014, is a private 501(c)(3) nonprofit corporation supported by private gifts, clinical revenue, research activity, tuition from students, and endowment income. The home of the new medical school includes the WMU Homer Stryker M.D. School of Medicine Clinics, a modern 60,000-square foot clinical building on the Oakland Drive Campus, and a 350,000-square foot educational building in downtown Kalamazoo located on the W.E. Upjohn M.D. Campus. The building, donated by MPI Research, underwent a $68 million renovation and expansion project, including a 24,000 state-of-the-art Simulation Center. In 2016, an additional $10 million expansion created two floors supporting clinical and laboratory research, and the medical school acquired the Innovation Center, a 69,000-square foot, purpose-built incubator and co-working space, located on the Parkview Campus.


There are more than 200 residents and fellows in nine residencies and three fellowships accredited by the Accreditation Council for Graduate Medical Education (ACGME). WMed is accredited by the Accreditation Council for Continuing Medical Education (ACCME) for continuing medical education.


Kalamazoo is a wonderful and vibrant city, located midway between Chicago and Detroit. It is a short distance from Lake Michigan, and home to two nationally ranked institutions of higher learning, Western Michigan University and Kalamazoo College. Kalamazoo is known for its community focus and emphasis on access to quality education at all levels. The Kalamazoo Promise is a nationally renowned program in which graduates of Kalamazoo Public Schools receive free tuition to attend public and private colleges in Michigan. At the other end of the educational continuum, the Kalamazoo Ready 4s program ensures that every 4-year-old in Kalamazoo County has the opportunity to attend a high-quality pre-kindergarten program, regardless of ability to pay. Kalamazoo and Michigan provide extensive entertainment and recreational activities, including opportunities to enjoy the outdoors, unique restaurants and shops, and a strong culture supporting the arts.


Western Michigan University Homer Stryker M.D. School of Medicine is an Equal Employment Opportunity /Affirmative Action employer of females, minorities, individuals with disabilities, and protected veterans, and actively strives to increase diversity within its community. We provide a drug- and tobacco-free workplace.

EEO Minorities/Women/Disabled/Protected Veterans.



Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
Share on your newsfeed