Supply Chain Value Analysis Financial AnalystNewport News, VirginiaHiring Range: $60,600.00 - $83,325.00/Annual. Actual pay is determined based on job-related factors such as relevant experience, education, credentials, skills, internal equity, and business needs.Overview: The Supply Chain Value Analysis Financial Analyst supports clinical and operational decision-making by analyzing organization spend, evaluating financial impact, and identifying opportunities to optimize value while maintaining high-quality patient care. This role partners closely with supply chain, finance, clinicians, and leadership to support value analysis initiatives, contract compliance, and cost-reduction strategies.
This process allows for the best possible product and service decisions using evidence-based medicine principles, quality patient outcomes, and cost.What You Will Do:Collect, analyze, and interpret clinical and financial data to support the implementation of cost savings opportunities and quality improvement effortsPrepare and present reports on findings, recommendations, and progress on value analysis projects to stakeholders and committeesServe as intermediary between Strategic Sourcing Team and end users, helping to review and analyze new product or service introductionsCollaborate with clinical staff, providers, supply chain, and finance teams to facilitate value analysis projects and initiatives, drive consensus, and resolve barriersReview new medical products or product change requests and/or coordinate product evaluationsAnalyze large volumes of data and summarize and develop actionable metrics for stakeholdersShare knowledge of analyst techniques & data interpretation and cross-check work with team membersActively contribute to cost containment by monitoring supply utilization and productivityPlan and implement supply chain optimization projects/product conversionsPrepare monthly performance metricsQualifications:Bachelors Degree, (Required)Bachelors Degree, Project Management, Supply Chain, Business Administration, Healthcare Administration, or related field (Preferred)Experience:3-4 years recent, relevant experience in finance or supply chain management (Required)Experience working in a hospital or health system environment (Preferred)Skills and Abilities:Ability to analyze health care data from conceptualization throughout the presentation of the data or the procurement of goods or servicesProficiency with data analytical tools and methodologies, including presentation software (Power Point), Lumere, and WorkdayAdvanced Excel skills, including pivot tables, formulas, and financial modeling, with project management capabilitiesStrong problem-solving skills with a demonstrated ability to identify issues and implement effective solutionsExcellent communication and collaboration skills across clinical, operational, and leadership teamsKnowledge of healthcare compliances and supply chain best practices, and units of measure, SKUs, and item-level inventory detailsKeen attention to detail with the ability to manage multiple priorities in a fast-paced environmentLicenses and Certifications:Certified Material & Resource Professional (CMRP) (Preferred)Corporate Performance Management (CPM) (Preferred)Certified Value Analysis Healthcare Professional (CVAHP) or Project Management Professional (PMP) (Preferred)