Principal Analyst, Financial Improvement And Capability

Principal Analyst, Financial Improvement and CapabilityJob posted: 18/12/2024Job type: Full time / Until 30 June 2028Organisation: Department of HealthOccupation: FinanceReference: VG/DH/HV/TBAPRINANALYSTThe Department of Health plays a critical role in the Victorian health system and is responsible for shaping it to meet the health needs of all Victorians. We're focused on supporting Victorians to be as healthy as they can; whether through alerting them to seasonal risks like thunderstorm asthma, notifying them of contact with communicable diseases, safeguarding their drinking water, developing the best health, wellbeing and care facilities in the world, being at the forefront of mental health and wellbeing treatment or accelerating medical research. It's all part of the way we partner with the community to help every individual lead a healthy life.About the role:Are you:An experienced professional with expertise in health service funding models, data analytics, and financial improvement initiatives, capable of translating complex data into actionable strategies?A persuasive and influential leader, skilled at engaging diverse stakeholders, managing risks, and driving initiatives that deliver measurable outcomes?Passionate about leading high-performing teams, fostering workplace culture, and developing capability to achieve impactful health service improvement and revenue optimisation?The Principal Analyst role focuses on Health Service improvement and capability analytics including revenue optimisation analysis. The Principal Analyst will ensure complex data sets are combined, concise, analysed, and presented effectively.Leading a small team focused on the analytical and workflow components of improvement and capability, the team will provide valuable deep dives into Health Service financial and activity data to inform improvement and capability initiatives including revenue optimisation. The role will also ensure the unit's financial improvement targets agreed with the government can be reported and acquitted.This position is pivotal in a specialist unit dedicated to driving financial improvement and capability across Victoria's health services. The Principal Analyst, Health Service Financial Improvement and Capability reports directly to the Director, Financial Improvement & Capability.About us:At the Victorian Department of Health, we want a future where Victorians are the healthiest people in the world. A Victoria where our children and people thrive, our workplaces are productive and safe, and our communities are more connected.We see it as our job to support Victorians to stay healthy and safe. And to deliver a world-class healthcare system that ensures every single Victorian can access safe, quality care that leads to better health outcomes for all.How you'll make a difference:Suitable applicants will be able to demonstrate:Knowledge and SkillsLeadership - Builds team commitment by demonstrating personal conviction; translates organisational strategy into meaningful long-term plans and objectives for own area of responsibility; motivates others to deliver against goals.Financial Acumen - Demonstrated experience in the provision of financial support within complex organisations and ability to provide financial analysis and benchmarking that influences operational performance and outcomes.Commercial Skills - Undertakes and acts on revenue benefit analysis; knowledgeable about financial issues and responsibilities; proactively seeks more efficient ways of doing things; focuses on activities and projects that will bring the best business return for the team and organisation.Written Communication and Presentation Skills - Prepares complex briefs, letters, emails and reports using clear, concise and grammatically correct language; edits written communications to ensure they contain the information necessary to achieve their purpose and meet audience needs; ensures appropriate style and formats are used.Personal QualitiesConceptual and Analytical Ability - Deals with concepts and complexity comfortably; uses analytical and conceptual skills to reason through problems; has creative ideas and can project how these can link to innovations.Relationship Building - Establishes and maintains relationships with people at all levels; promotes harmony and consensus through diplomatic handling of disagreements; forges useful partnerships with people across business areas, functions and organisations; builds trust through consistent actions, values and communication; minimises surprises.Decisiveness - Takes rational and sound decisions based on a consideration of the facts and alternatives; makes tough decisions, sometimes with incomplete information; evaluates rational and emotional elements of situations; makes quick decisions where required; commits to a definite course of action.Detail Focus - Observes fine details; identifies gaps in information; looks for logical sequences of information; highlights practical considerations of plans and activities.Qualifications / Specialist ExpertiseQualifications - A bachelor's degree or higher in Finance, Economics, Data Analytics, Health Administration, Data Science, or a related field.A high degree of understanding and knowledge of the Victorian budget processes, health system funding, relevant departmental systems and environments is desirable.Specialist Expertise - Experience with financial modelling, forecasting, and budgeting to analyse funding scenarios and revenue streams.Deep understanding of funding frameworks, revenue cycle management, and cost optimisation in the healthcare context.Proficiency in using analytics and metrics to inform and guide strategic decisions.Exceptional advisory, negotiation, communication and relationship building skills, with demonstrated capacity to work effectively within a politically sensitive context.Knowledge of the Victorian public hospital operations, and the impact of government funding, policy and reform on operations.To learn more please click 'Apply' to view the Position Description on the Careers.vic website.What we offer:The opportunity to perform meaningful work, making direct contributions toward enabling Victorians to be the healthiest people in the world.A wide range of growth and development opportunities within the department and wider Victorian Public Service & Sector.A strong commitment to work-life balance, including a diverse array of flexible working arrangements.How to apply:Applications should include a resume and a cover letter. Click the 'Apply' button to view further information about the role including key contact details and the advertisement closing date.We are committed to developing and supporting a workforce that is well equipped and highly motivated to provide responsive and quality services to all Victorians. We continue to build an inclusive workplace that embraces diversity of backgrounds and differences to realise the potential of our employees for innovation and delivering services aimed at enhancing the lives of all Victorians. All roles can be worked flexibly and we encourage applications from Aboriginal people, people with disability, LGBTIQ+ and people from culturally diverse backgrounds. Please contact us if you require any adjustments to participate in the recruitment process at ****** .Preferred applicants may be required to complete a police check and other pre-employment checks. Information provided will be treated in the strictest confidence in line with our Privacy Policy.
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