Senior Labor Structure and Cost Analyst

Franciscan Alliance, Inc.

5d•Hybrid

About The Position

The Senior Labor Structure and Cost Analyst joins Franciscan Health’s Compensation Center of Excellence to analyze workforce, financial, productivity, and organizational data and identify trends, investigate variances, and uncover labor-cost drivers. The role connects compensation, workforce, financial, budget, productivity, vacancy, and organizational information to help leaders understand labor performance and identify potential opportunities. The analyst develops models, scenarios, dashboards, and repeatable analytical tools; investigates the factors behind variances; and translates complex findings into visualizations, summaries, and executive-level materials. The role collaborates with Compensation leadership and partners in Finance, Productivity, Human Resources, and operational teams, and contributes to building an integrated workforce analytics capability. The position requires a hybrid schedule and the ability to come onsite when needed at a nearby Indiana location. Travel is required up to 20%.

Requirements

Bachelor’s degree in Statistics, Business Analytics, Data Science, Finance, or a related analytical field.
At least 5 years of progressively responsible experience in financial analysis, labor cost analytics, workforce analytics, business analytics, healthcare finance, compensation, productivity analysis, or a related analytical field.
Experience analyzing complex data sets, integrating information across enterprise systems, and translating findings into business insights.
Advanced Excel skills and experience with BI or advanced analytical tools.
Experience integrating information from HR, payroll, finance, budgeting, productivity, or workforce management systems.
Ability to work a hybrid schedule and come onsite when needed at one of the closest Indiana locations.

Nice To Haves

Master’s degree in Statistics, Business Analytics, Data Science, Finance, or a related analytical field.
At least 5 years of experience with SAS, SQL, or Python; Power BI or Tableau; workforce structure, organizational design, span of control, labor expense, productivity, compensation, or budget variance analysis; and development of analytical models or scenarios.

Responsibilities

Analyze wage and labor costs to identify trends, variances, anomalies, and potential root causes.
Integrate compensation, workforce, financial, budget, productivity, vacancy, and organizational data to assess labor performance.
Evaluate span of control, organizational layers, management ratios, job mix, hierarchy, and other structural measures against established benchmarks.
Examine wages, premium labor, overtime, differentials, traveler utilization, staffing mix, vacancies, cost-center alignment, and position-to-budget relationships.
Develop models, scenarios, dashboards, and repeatable analytical tools that turn workforce information into actionable insights.
Investigate variances and distinguish compensation-related impacts from budget, staffing, productivity, operational, or structural factors.
Collaborate with Compensation leadership, Finance, Productivity, Human Resources, and operational subject matter experts to validate data and strengthen analysis.
Translate findings into visualizations, summaries, and executive-level materials that clarify risks, opportunities, and potential actions.
Contribute to the development of an integrated workforce analytics capability within the Compensation Center of Excellence.