Senior Financial Analyst

Site: Mass General Brigham Incorporated Mass General Brigham relies on a wide range of professionals, including doctors, nurses, business people, tech experts, researchers, and systems analysts to advance our mission. As a not-for-profit, we support patient care, research, teaching, and community service, striving to provide exceptional care. We believe that high-performing teams drive groundbreaking medical discoveries and invite all applicants to join us and experience what it means to be part of Mass General Brigham. Job Summary 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. Qualifications Education Bachelor's Degree in Finance, Accounting, Economics, Business Administration or a related field required Masters 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 Essential Functions: 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 Womens Hospital, Brigham and Womens 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 Additional Job Details (if applicable) Remote Type Hybrid Work Location 399 Revolution Drive Scheduled Weekly Hours 40 Employee Type Regular Work Shift Day (United States of America) Pay Range $78,000.00 - $113,453.60/Annual Grade 7 At Mass General Brigham, we believe in recognizing and rewarding the unique value each team member brings to our organization. Our approach to determining base pay is comprehensive, and any offer extended will take into account your skills, relevant experience if applicable, education, certifications and other essential factors. The base pay information provided offers an estimate based on the minimum job qualifications; however, it does not encompass all elements contributing to your total compensation package. In addition to competitive base pay, we offer comprehensive benefits, career advancement opportunities, differentials, premiums and bonuses as applicable and recognition programs designed to celebrate your contributions and support your professional growth. We invite you to apply, and our Talent Acquisition team will provide an overview of your potential compensation and benefits package. EEO Statement: Mass General Brigham Incorporated is an Equal Opportunity Employer. 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. To ensure reasonable accommodation for individuals protected by Section 503 of the Rehabilitation Act of 1973, the Vietnam Veterans Readjustment Act of 1974, and Title I of the Americans with Disabilities Act of 1990, applicants who require accommodation in the job application process may contact Human Resources at (857)-282-7642. Mass General Brigham Competency Framework At Mass General Brigham, our competency framework defines what effective leadership looks like by specifying which behaviors are most critical for successful performance at each job level. The framework is comprised of ten competencies (half People-Focused, half Performance-Focused) and are defined by observable and measurable skills and behaviors that contribute to workplace effectiveness and career success. These competencies are used to evaluate performance, make hiring decisions, identify development needs, mobilize employees across our system, and establish a strong talent pipeline. Combat disease. Hold a hand. Help people. Impact the world. Mass General Brigham is a passionate, welcoming community where minds meet caring hearts. Come be a part of the worlds most powerful force in medicine, where every role is important in changing lives. Are you ready? Our history includes New England hospitals founded over 200 years ago, some of the first and most prestigious hospitals in the world. Built on the legacy of two leading academic medical centers, were more than a systemwere leaders in the practice of medicine. Mass General Brigham is committed to serving the community. We are dedicated to enhancing patient care, teaching and research, and taking a leadership role as an integrated health care system. We recognize that increasing value and continuously improving quality are essential to maintaining excellence.