Finance & Clinician Compensation Analyst

UMP Management Services (Non-Clinicians) Newark, California


Position at University Medical Partners

Finance & Clinician Compensation Analyst
University Medical Partners (UMP) formed in January 2017 by physicians currently practicing within several separate medical groups in the Bay Area to create a unified multi-specialty physician practice and clinical network that will serve as an exemplar for the delivery of high-quality health services in the Bay Area. 
UMP Practitioners deliver care at clinics operated by Stanford Medicine Partners (SMP), a medical foundation affiliated with Stanford University throughout the Bay Area. 

POSITION TITLE: Finance & Clinician Compensation Analyst

REPORTS TO: Manager, Finance & Clinician Compensation
PURPOSE STATEMENT: As a member of the UMP Management Services Team, the Finance & Clinician Compensation Analyst will collect, interpret, and analyze data to inform key business decisions for UMP, support key financial and clinician compensation administration functions, and complete ad-hoc projects as determined by senior leadership.
ESSENTIAL DUTIES AND RESPONSIBILITIES: The essential duties of this position include the following (other duties may be assigned):
  • Perform a wide range of clinician compensation functions, including creating reports, extracting data and analysis tasks.
  • Support compensation processes, including quarterly compensation reconciliations, payroll and auditing processes, employment agreement and systems maintenance.
  • Support the administration of clinician compensation processes, including developing notices, conducting complex compensation analytics, and monthly clinician productivity reporting.
  • Support special projects and analytical needs as assigned by senior leadership.
  • Support essential annual compensation functions, such as panel bonus payments, AIP bonus calculations, and annual compensation adjustments.
  • Follow-up with foundation and medical group partners on joint projects and deliverables.
  • Prepare, analyze data sets, and develop data models to inform key business decisions.
  • Identify opportunities for new data collection and improved analysis processes.
  • Generate reports from single or multiple systems.
  • Maintain and update clinician compensation and contract management software systems.
  • Maintain an up-to date process document/guidebook on assigned functions/services.
  • Performs other related duties as assigned.
Experience and qualifications:
  • BS/BA degree in Finance, Accounting, Business, Health Care Administration, or related field or an equivalent combination of education and experience.
  • Two (2) years of work experience as a financial analyst or compensation analyst.
  • Strong Excel skills including experience with advanced formulas, managing large data sets, and development of robust Excel based models.
  • Proficiency in Microsoft Word, \ PowerPoint, and other Microsoft Office software.
  • High level of verbal and written communication skills with a strong capacity for detail.
  • Strong organizational, planning, and project management skills to manage multiple priorities and meet required deadlines.
  • Strong analytical, critical thinking and problem-solving skills to ensure process improvement and projects are completed successfully.
  • Strong interpersonal skills necessary in order develop and maintain collaborative relationships with management and physicians.
  • Proven ability to work independently to produce accurate work of the highest quality.
  • Manages relationships relevant to projects and requires the ability to gain cooperation of others.
  • Budgeting, accounting, payroll, AP/AR, and financial reporting experience is a plus.
  • Working knowledge of physician practice and/or medical group experience desirable, but not required.
  • Experience with physician employment contracting/compensation modeling desirable, but not required.
  • Proficiency in MS Access is desirable, but not required.
Why Work with UMP:
  • Salary Range: $85,000 - $90,000/annually
  • Up to 10% annual performance incentives
  • Robust benefits package
    • Annual 401k Safe Harbor and Profit Sharing contributions
    • PTO plan includes paid Holidays, Extended Sick Leave
    • CME allowance
    • Multiple health plan options
    • Dental, Vision, Short-term disability, Long-term disability, Life Insurance, and others