Principal Analyst, Financial Improvement and Capability

1 day ago

Melbourne City Centre, Australia Department of Health Full time

**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 is focussing on Health Service improvement and capability analytics including revenue optimisation analysis. The Principal Analyst role will ensure complex data sets are combined, concise, analysed, and presented effectively.

Leading a small team focussed 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 units financial improvement targets agreed with 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. 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 Skills**

Leadership - 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 provision 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.

**Personal Qualities**

Conceptual 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 Expertise**

Qualifications - 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.

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