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:
$78,000.00- $113,000.00This 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
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