Senior Budget Analyst - Hybrid Model

Hours: 40 hours per week - Monday through Friday

Location: Hybrid model. Will require an onsite presence at our Tyngsborough MA office and ability to travel to other locations in Massachusetts is required.

Job Profile Summary

This role focuses on performing a variety of financial activities, including accounting, financial analysis, audit, tax, and collections, while ensuring compliance with regulatory standards. In addition, this role focuses on performing the following Accounting related duties: Account Reconciliation, cost accounting, budgeting, preparing financial reports, data entry, and maintaining the general ledger. A professional individual contributor role that may direct the work of other lower level professionals or manage processes and programs. The majority of time is spent overseeing the design, implementation or delivery of processes, programs and policies using specialized knowledge and skills typically acquired through advanced education. A senior level role that requires advanced knowledge of job area typically obtained through advanced education and work experience. Typically responsible for: managing projects / processes, working independently with limited supervision, coaching and reviewing the work of lower level professionals, resolving difficult and sometimes complex problems.

Job Overview

This position helps manage spending to ensure that funds are allocated appropriately and used according to the organization's annual finance projections. Gathers and analyzes healthcare operational data, create and maintain budget records in accordance with company guidelines, and develop budget/planning recommendations for the organization. This position works closely with Decision Support and other Finance-related departments to receive and request appropriate data elements to assist in the completion of their assigned responsibilities. Evaluates program effectiveness of strategic and routine capital funding to determine if redistribution of funds is required. May train and oversee the work of other members of the team.

Job Description

Minimum Qualifications:

1. Bachelor's degree in Accounting, Finance, or a related financial field.

2. Five (5) years of finance and budget experience in a complex, matrixed healthcare organization.

Duties and Responsibilities: The duties and responsibilities listed below are intended to describe the general nature of work and are not intended to be an all-inclusive list. Other duties and responsibilities may be assigned.

1. Assists with preparation of annual operating budgets, evolution to rolling forecast model, and facilitation of capital budgets for all business units.

2. Translates developing processes and software/system rollouts into recommended actionable plans.

3. Collaborates with leaders and key stakeholders to develop organizational and department-level budgets and rolling forecast using Dynamic Planning platform.

4. Reviews reports and proposals for accuracy and compliance within budget standards

5. Assists in the preparation of the annual capital budget process.

6. Works closely with Senior Management, physician leaders, department directors, managers, and budget analysts to support the capital budget and cash flow impact.

7. Vets budget requests throughout the organization for merit and authenticity.

8. Monitors the spending and supports keeping the organization within its determined budget.

9. Prepares financial reports as needed and/or review reports created by budget analysts and utilize the data to proactively estimate future financial needs and proactively make recommendations.

10. Oversees/trains les experienced staff in all budget/planning functions and any special projects which may arise. Prepares less experienced staff for advancement.

11. Educates department directors and senior leaders on the use of dynamic planning and variance analysis tools.

12. Works with Finance leads to identify causes, while reporting to management potential impacts on operating results.

13. Consolidates the organization's budgets for review with senior leadership as needed.

14. Defends budget recommendations with data and evidence-based analyses.

15. Cultivates and maintains productive working relationships with internal and external customers.

16. Prepares various financial analyses for Financial Leadership Team in preparation for committee and board meetings.

17. Assists with preparing the monthly accounting and productivity monitoring for the hospitals.

18. Assist with preparing all required filings of third-party cost reports and regulatory agency reports.

19. Responds to ad hoc financial analyses, special projects, and other similar or related duties as required or directed.

20. Maintains budget and forecasting tools as needed.

Physical Requirements:

1. Professional office environment with typical office requirements such as computers, phones, photocopiers, filing cabinets, etc.

2. This is largely a sedentary role, which involves sitting most of the time, but may involve movements such as walking, standing, reaching, ascending / descending stairs and operate office equipment.

3. Frequently required to speak, hear, communicate and exchange information.

4. Able to see and read computers displays, read fine print, and/or normal type size print and distinguish letters, numbers and symbols.

5. Occasionally lift and/or move up to 25 pounds.

6. Requires manual dexterity using fine hand manipulation to operate computer keyboard.

Skills & Abilities:

1. Proven track record of working with key stakeholders to determine and track budgets.

2. Analytical skills needed for analyzing and reconciling accounts.

3. Effective organizational and interpersonal skills.

4. Ability to manage multiple tasks and delivery dates.

5. Ability to communicate effectively, exhibit judgment and deal constructively with staff and department managers.

6. Strong teamwork experience.

7. Able to work in a complex, fluid environment and to work independently.

8. Proven track record of working with key stakeholders to determine and track budgets.

9. Strong analytical and communication skills.