Boston Medical Center
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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.
Stakeholder Communication:
(The above statements in this job description are intended to depict the general nature and level of work assigned to the employee(s) in this job. The above is not intended to represent an exhaustive list of accountable duties and responsibilities required).
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
None required. CPA or Certified Healthcare Financial Professional preferred.
5-7 years of experience as a financial analyst, preferably in a healthcare setting.
A solid understanding of accounting principles and financial statements (balance sheets, normalized P&L income statements).
Ability to extract and analyze large datasets to identify trends, patterns, and anomalies.
Proficiency in using advanced Excel functions and tools for financial analysis, such as pivot tables, VLOOKUP's and 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 terminologies.
A solid understanding of the main concepts of hospital financial statements (volume, FTE, supplies expenses, etc.).
Strong proficiency in PowerPoint and ability to develop presentations based on a large set of data.
Effective in communicating financial concepts and analyses to non-financial stakeholders.
Ability to analyze situations, think critically, and develop solutions independently.
Skilled in managing multiple priorities, meeting deadlines, and handling the pressure of tight schedules.
Ability to work well with others, build relationships, and collaborate across departments.
Willingness to come up with new ideas or approaches to improve processes or solve problems.
Ability to lead projects or initiatives and mentor junior analysts, fostering a collaborative and effective working environment.
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/licensures 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.
Originally posted on Himalayas