Mass General Brigham (Enterprise Services)
Senior Financial Analyst
Mass General Brigham (Enterprise Services), Somerville, Massachusetts, us, 02145
The ideal candidate will have exceptional skills in financial modeling, data analysis, financial statement analysis and system maintenance. Preferred candidates will also have health care or related field experience in annual budget and forecast development, financial reporting, monthly GL close support, accounting and financial task completion, project management, ROI analysis and financial modeling, P&L analysis, and proficiency in financial planning systems. The role also requires strong presentation skills, including the ability to clearly communicate financial results and recommendations to key stakeholders.
Reporting to the Mass General Brigham Health Care at Home department of Finance, the Senior Financial Analyst plays a critical role in support of all units of MGB Health Care at Home, consisting of MGB Home Care, Home Hospital and Ambulance Services.
Education
Bachelor's Degree in Finance, Accounting, Economics, Business Administration or a related field required
Master's Degree in Business Administration, Finance, Accounting or a related field preferred
Experience
Experience in accounting or finance 3-5 years required
Experience in a role within a large healthcare organization 3-5 years preferred
Knowledge, Skills and Abilities
Strong written, oral communication and critical thinking skills
Knowledge of financial regulations and compliance
Ability to develop and interpret complex financial models, pro formas, and value propositions
Understanding of the health care industry specific to post-acute care
Advanced skills in Excel (Pivot Tables, VBA, complex functions) and experience interpreting and operating complex spread sheets
Experience with financial planning system StrataJazz or related system
Experience with cost accounting systems such as StrataJazz or EPSi
Proficiency in GL accounting systems such as Workday or a related system
Experience with Electronic Health Record (EHR) systems such as Epic
Ability to effectively and consistently thrive in a fast-paced work environment and independently react and respond to high priority initiatives
Strong level of understanding and operation of MS PowerPoint, Word and Access
Financial Planning and Analysis
Manages annual budget and forecast process in coordination with operational and financial leadership within MGB Health Care at Home and the MGB Community division
Performs key tasks related to operation of financial planning system (StrataJazz) including data management and ad hoc reporting
Performs modeling and ad hoc analytics according to volume and staffing assumptions in line with operational goals and strategic decisions
Analyzes financial and statistical data to identify areas of revenue optimization and cost savings
Prepares monthly, quarterly and annual KPI reports and performs analyses that drive insight and influence executive level decisions of senior leadership
Contributes to multi-year projection for the assessment of long term financial stability of MGB Health Care at Home
Present financial analyses, performance trends, and recommendations to key stakeholders, including senior operational and clinical leaders
Ensures that deadlines are met in accordance with budget and operational calendars
General Ledger Close Process
Delivers monthly reports of statistical and financial results for trend analysis and comparison to budget plan; analytical reports are presented at monthly close meetings by the MGB Health Care at Home Executive Director of Finance to the CFO of the MGB Community and Specialty divisions
Maintains posting and submission of monthly close reports, financial statements and summaries to MGB Close Accounting SharePoint site PowerPoint presentation
Works cross functionally with MGB Accounting department by evaluating financial data and preparing financial summaries for the interpretation of budget variances and recording of financial transactions and accruals
Utilizes GL financial management system Workday for P&L interpretation and analysis of reporting on financial results
Vendor Management
Supports operational leadership in supply chain management and works with internal procurement specialists to resolve issues related to vendor billing
Manages relationships with vendors and aids in approval of invoices and expense requisitions
Key Analytics and Tasks
Engages in ad hoc analytical projects to drive key decisions of senior leadership related to MGB Home Hospital, Ambulance Services and Home Care
Manages the development of the monthly Virtual P&L for MGB Home Hospital, producing monthly financial margin outcomes against budget for partnerships with Mass General Hospital, Brigham and Women's Hospital, Brigham and Women's Faulkner Hospital, Newton Wellesley Hospital and Salem Hospital
Prepares the monthly MGB Home Hospital invoice to the five acute hospitals and three POs that utilize the program within MGB
Assists in Position Control process, providing support for the evaluation of approval of position requests from operational leaders to senior leadership
Prepares overtime utilization and productivity reports for MGB Home Hospital leadership and MGB Health Care at Home as required
Collaboration
Collaborates with financial analysts and management, cross functional departments, MGB Enterprise Finance and senior leaders
Works with MGB Ambulance administrative staff and billing representatives
Mentors junior staff where needed, assuming a high level of proficiency in key areas of financial planning and analysis
Attends meetings as required and presents financial and statistical performance when necessary
Additional Functions and Expectations
Performs system training and financial interpretation to junior staff and operational leaders
Serves in work groups and committees where assigned
Maintains an understanding of organizational goals and policies, regulatory compliance and relevant awareness of the health care industry
Adheres to policies of confidentiality of Protected Health Information (PHI) and HIPPA guidelines
Mass General Brigham Incorporated is an Equal Opportunity Employer.
By embracing diverse skills, perspectives and ideas, we choose to lead. All qualified applicants will receive consideration for employment without regard to race, color, religious creed, national origin, sex, age, gender identity, disability, sexual orientation, military service, genetic information, and/or other status protected under law. We will ensure that all individuals with a disability are provided a reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment.
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Reporting to the Mass General Brigham Health Care at Home department of Finance, the Senior Financial Analyst plays a critical role in support of all units of MGB Health Care at Home, consisting of MGB Home Care, Home Hospital and Ambulance Services.
Education
Bachelor's Degree in Finance, Accounting, Economics, Business Administration or a related field required
Master's Degree in Business Administration, Finance, Accounting or a related field preferred
Experience
Experience in accounting or finance 3-5 years required
Experience in a role within a large healthcare organization 3-5 years preferred
Knowledge, Skills and Abilities
Strong written, oral communication and critical thinking skills
Knowledge of financial regulations and compliance
Ability to develop and interpret complex financial models, pro formas, and value propositions
Understanding of the health care industry specific to post-acute care
Advanced skills in Excel (Pivot Tables, VBA, complex functions) and experience interpreting and operating complex spread sheets
Experience with financial planning system StrataJazz or related system
Experience with cost accounting systems such as StrataJazz or EPSi
Proficiency in GL accounting systems such as Workday or a related system
Experience with Electronic Health Record (EHR) systems such as Epic
Ability to effectively and consistently thrive in a fast-paced work environment and independently react and respond to high priority initiatives
Strong level of understanding and operation of MS PowerPoint, Word and Access
Financial Planning and Analysis
Manages annual budget and forecast process in coordination with operational and financial leadership within MGB Health Care at Home and the MGB Community division
Performs key tasks related to operation of financial planning system (StrataJazz) including data management and ad hoc reporting
Performs modeling and ad hoc analytics according to volume and staffing assumptions in line with operational goals and strategic decisions
Analyzes financial and statistical data to identify areas of revenue optimization and cost savings
Prepares monthly, quarterly and annual KPI reports and performs analyses that drive insight and influence executive level decisions of senior leadership
Contributes to multi-year projection for the assessment of long term financial stability of MGB Health Care at Home
Present financial analyses, performance trends, and recommendations to key stakeholders, including senior operational and clinical leaders
Ensures that deadlines are met in accordance with budget and operational calendars
General Ledger Close Process
Delivers monthly reports of statistical and financial results for trend analysis and comparison to budget plan; analytical reports are presented at monthly close meetings by the MGB Health Care at Home Executive Director of Finance to the CFO of the MGB Community and Specialty divisions
Maintains posting and submission of monthly close reports, financial statements and summaries to MGB Close Accounting SharePoint site PowerPoint presentation
Works cross functionally with MGB Accounting department by evaluating financial data and preparing financial summaries for the interpretation of budget variances and recording of financial transactions and accruals
Utilizes GL financial management system Workday for P&L interpretation and analysis of reporting on financial results
Vendor Management
Supports operational leadership in supply chain management and works with internal procurement specialists to resolve issues related to vendor billing
Manages relationships with vendors and aids in approval of invoices and expense requisitions
Key Analytics and Tasks
Engages in ad hoc analytical projects to drive key decisions of senior leadership related to MGB Home Hospital, Ambulance Services and Home Care
Manages the development of the monthly Virtual P&L for MGB Home Hospital, producing monthly financial margin outcomes against budget for partnerships with Mass General Hospital, Brigham and Women's Hospital, Brigham and Women's Faulkner Hospital, Newton Wellesley Hospital and Salem Hospital
Prepares the monthly MGB Home Hospital invoice to the five acute hospitals and three POs that utilize the program within MGB
Assists in Position Control process, providing support for the evaluation of approval of position requests from operational leaders to senior leadership
Prepares overtime utilization and productivity reports for MGB Home Hospital leadership and MGB Health Care at Home as required
Collaboration
Collaborates with financial analysts and management, cross functional departments, MGB Enterprise Finance and senior leaders
Works with MGB Ambulance administrative staff and billing representatives
Mentors junior staff where needed, assuming a high level of proficiency in key areas of financial planning and analysis
Attends meetings as required and presents financial and statistical performance when necessary
Additional Functions and Expectations
Performs system training and financial interpretation to junior staff and operational leaders
Serves in work groups and committees where assigned
Maintains an understanding of organizational goals and policies, regulatory compliance and relevant awareness of the health care industry
Adheres to policies of confidentiality of Protected Health Information (PHI) and HIPPA guidelines
Mass General Brigham Incorporated is an Equal Opportunity Employer.
By embracing diverse skills, perspectives and ideas, we choose to lead. All qualified applicants will receive consideration for employment without regard to race, color, religious creed, national origin, sex, age, gender identity, disability, sexual orientation, military service, genetic information, and/or other status protected under law. We will ensure that all individuals with a disability are provided a reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment.
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