Boston Medical Center (BMC)

Senior Financial Analyst, Financial Planning

Boston Medical Center (BMC)

full-time

Posted on:

Location Type: Remote

Location: United States

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Salary

💰 $72,500 - $105,000 per year

Job Level

About the role

  • Reporting to the Manager of Financial Planning
  • Perform variance analysis to compare actual financial outcomes with budgeted figures
  • 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
  • Serve as a liaison between the finance department and other departments
  • Coordinate cross-functional teams to achieve project goals within budget and timeline constraints
  • Assist in developing and enforcing financial policies and procedures
  • Mentor and guide junior financial analysts, providing support and development opportunities to enhance their skills and performance

Requirements

  • 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
  • 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, vlookups and complex formulas.
  • Ability to prepare and present financial analysis and reports
  • Understanding of healthcare-specific financial concepts and terminologies.
Benefits
  • medical, dental, vision, pharmacy
  • discretionary annual bonuses and merit increases
  • Flexible Spending Accounts
  • 403(b) savings matches
  • paid time off
  • career advancement opportunities
  • resources to support employee and family well-being
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
variance analysisfinancial analysistrend forecastingbudget managementcost reductionfinancial metricsdata extractiondata analysisaccounting principlesfinancial statements
Soft Skills
guidancesupportmentoringcommunicationcross-functional collaborationdecision-makingleadershiporganizational skillsproblem-solvingpresentation skills
Certifications
bachelor’s degree in financebachelor’s degree in accountingmaster’s degree in accountingmaster’s degree in business administrationmaster’s degree in healthcare