Senior Financial Analyst, Financial Planning - REMOTE

Overview

Reporting to the Manager of Financial Planning, the Senior Financial Analyst, Financial Planning plays a pivotal role in driving the hospital's financial planning, budgeting, and analysis efforts. This position involves close collaboration with department heads, finance team members, and senior leadership to deliver data-driven insights, facilitate informed decision-making, and safeguard the financial well-being of the organization.

Department: Financial Planning Analysis

Senior Financial Analyst, Financial Planning

Schedule: Full Time/Remote

• Perform variance analysis to compare actual financial outcomes with budgeted figures and provide explanations for deviations.
• Provide guidance and support to departments regarding budget management and financial planning.
• Evaluate financial data to identify potential areas for cost reduction and efficiency improvements.
• Provide recommendations based on financial analysis to support decision-making.
• Lead complex financial analyses, including detailed variance analysis and trend forecasting.
• Prepare regular financial dashboards for senior leadership, highlighting key performance indicators and financial metrics.
• Analyze patient volume trends and utilize reporting tools to track key volume metrics.
• Identify root causes for volume fluctuations and develop insights that support decision-making.

• Monthly Financial Analysis and Reporting:
  Perform variance analysis, provide guidance, evaluate data for cost reductions, and lead forecasting.
• Stakeholder Communication:
  Serve as a liaison between the finance department and other departments; communicate budgetary and financial information to non-financial stakeholders and address inquiries.
• Project Management:
  Coordinate cross-functional teams to achieve project goals within budget and timeline; develop and enforce financial policies; lead and participate in special projects as needed.
• Leadership and Mentoring:
  Identify process improvements, mentor junior analysts, and lead cross-functional teams on financial projects.

Education: Requires a bachelor’s degree in finance or accounting from an accredited college or university; master’s degree in accounting, business administration or healthcare preferred.

Experience: 5-7 years of experience as a financial analyst, preferably in a healthcare setting.

None required. CPA or Certified Healthcare Financial Professional preferred.

• A solid understanding of accounting principles and financial statements (balance sheets, normalized P&L).
• Ability to extract and analyze large datasets to identify trends, patterns, and anomalies.
• Proficiency in advanced Excel functions and tools for financial analysis (pivot tables, VLOOKUPs, complex formulas).
• Ability to prepare and present financial analysis and reports.
• Skilled in conducting variance analysis to identify discrepancies between actual and budgeted figures.
• Understanding of healthcare-specific financial concepts and terminology.
• Understanding of hospital financial statements (volume, FTE, supplies expenses, etc.).
• Strong proficiency in PowerPoint and ability to develop presentations from large data sets.
• Effective communication of financial concepts to non-financial stakeholders.
• Analytical, independent problem-solving, and ability to manage multiple priorities and meet deadlines.
• Collaborative cross-departmental work style.
• Willingness to propose new ideas to improve processes.
• Ability to lead projects or initiatives and mentor junior analysts.

Range: $78,000.00 - $

This range is an estimate based on minimum qualifications. Final offers consider education, experience, skills, certifications/licensures, internal equity, market competitiveness, and organizational needs. BMCHS provides comprehensive benefits, bonuses, and opportunities for advancement.

This range is based on Boston-area data and may be modified based on geographic location.

Equal Opportunity Employer/Disabled/Veterans. Our current job openings are listed on our website. Applications are received only through our website. We do not require downloads of any applications or process offers via text or social media. We do not ask individuals to purchase equipment prior to employment.