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Senior Financial Analyst
Senior Financial AnalystBoston Medical Center • Boston, MA, United States
Senior Financial Analyst

Senior Financial Analyst

Boston Medical Center • Boston, MA, United States
4 days ago
Job type
  • Full-time
Job description

POSITION SUMMARY

Reporting to the Manager of Financial Planning, the Senior Financial Analyst, Financial Planning will play a pivotal role in driving the financial planning, budgeting, and analysis efforts for BMC’s newly created Physician Organization. This position will be responsible for delivering data integrity and data-driven insights to facilitate informed decision‑making and safeguard overall financial well‑being of the organization.

Position

Senior Financial Analyst

Department

Finance Operations

Schedule

Full Time

Monthly Financial Analysis and Reporting

  • Assist in the preparation of standardized monthly reports for distribution to the leadership, administrative, and operations teams
  • Perform variance analysis to compare actual financial outcomes with budget and provide explanation for deviations
  • Perform regular checks to ensure financial data integrity in collaboration with the Accounting team

Budget Planning and Development

  • Under the review of the Manager, assist in the preparation of annual budgets and long‑term financial plans for assigned areas
  • Utilize newly implemented financial system to build department‑level budgets
  • Coordinate with department heads to gather and analyze budgetary data information
  • Provide training and support to assigned areas during the budgeting process
  • Develop complex budgetary analysis as directed
  • Financial Systems Implementation and Management

  • Assist with the implementation of financial systems, and serve as its SME
  • Assist with data validation in newly implemented financial system, developing reporting out of it, and building dashboards for KPI tracking
  • Managing Databases and Other Ad Hoc Financial Analysis

  • Create and maintain up‑to‑date databases related to personnel / headcount planning for clinical providers and non‑clinical staff
  • Lead and participate in special financial projects and initiatives as needed that involve financial modeling / scenario analysis / sensitivity analysis
  • Coordinate with cross‑functional teams (Accounting, HR, Operations) to achieve project goals within assigned timeline
  • JOB REQUIREMENTS

    EDUCATION

  • Bachelors Degree required, with preference for concentration in Health Care, Economics, Business, Accounting, or Finance.
  • Master in Business, Public Health, or Public Administration preferred.
  • EXPERIENCE

  • Five years professional experience in financial analysis, budgeting, accounting, or planning function, preferably in a healthcare‑related setting.
  • KNOWLEDGE AND SKILLS

  • Ability to independently produce clear financial analysis regarding complex issues.
  • Highly analytical thinking with demonstrated talent for identifying, scrutinizing, improving, and streamlining complex work processes.
  • Advanced MS Excel, Word, Access, and PowerPoint skills.
  • Experience with or ability to learn Lawson and additional application systems.
  • Ability to train others.
  • Experience in translating and communicating key analyses and assumptions in concise fashion to Senior Management for decision‑making purposes.
  • Excellent written and verbal communication skills.
  • Superior interpersonal skills to effectively work and communicate with all levels of Management inside and outside Finance.
  • Enjoys working on teams.
  • Desire to learn and grow within the organization.
  • Ability to operate effectively in a fast‑paced, constantly changing environment.
  • Knowledge of health care finance and delivery systems preferred but not required.
  • Compensation Range

    $72,500.00- $105,000.00

    This range offers an estimate based on the minimum job qualifications. However, our approach to determining base pay is comprehensive, and a broad range of factors is considered when making an offer. This includes education, experience, skills, and certifications / licencies as they directly relate to position requirements; as well as business / organizational needs, internal equity, and market‑competitiveness. In addition, BMCHS offers generous total compensation that includes, but is not limited to, benefits (medical, dental, vision, pharmacy), discretionary annual bonuses and merit increases, Flexible Spending Accounts, 403(b) savings matches, paid time off, career advancement opportunities, and resources to support employee and family well‑being.

    NOTE

    This range is based on Boston‑area data, and is subject to modification based on geographic location.

    Equal Opportunity Employer / Disabled / Veterans

    According to the FTC, there has been a rise in employment offer scams. Our current job openings are listed on our website and applications are received only through our website. We do not ask or require downloads of any applications, or “apps” job offers are not extended over text messages or social media platforms. We do not ask individuals to purchase equipment for or prior to employment.

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    Senior Financial Analyst • Boston, MA, United States

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