Budget & Financial Analyst I

Overview

Position: Budget and Financial Analyst I
Hours: 40 hours per week, Monday through Friday, 8:00 AM to 4:30 PM EST
Location: Remote (local candidates preferred)

This role involves performing a variety of financial activities including accounting, financial analysis, audit, tax, and collections while ensuring compliance with regulatory standards. The position focuses on financial planning and analysis duties such as short- and long-term financial planning, forecasting business performance, and analyzing internal financial data and external economic conditions. It includes financial modeling to assess potential impacts of financial transactions and corporate development activities. This is an entry-level professional role that may involve directing lower-level professionals or managing processes and programs.

Responsibilities

• Assist in preparation of annual operating budgets and transition to a rolling forecast model
• Maintain and oversee budget and forecasting systems ensuring data integrity, accuracy, and timely updates
• Facilitate preparation of capital budgets for business units aligned with financial strategies
• Collaborate with department heads, senior management, and stakeholders to develop organizational and departmental budgets using budgeting platforms
• Review reports, proposals, and budgets for compliance and accuracy
• Provide guidance on financial profitability analysis across departments
• Ensure departmental budget requests are merit-based and authentic
• Create monthly variance reports
• Prepare financial analyses for leadership teams to support committee and board meetings
• Assist in monthly accounting and productivity monitoring for hospitals
• Prepare financial reports and provide proactive financial estimates and recommendations
• Work with senior management, physician leaders, and department directors to assess capital budgeting and cash flow impacts
• Assist in annual capital budget process and develop strategies for efficient fund allocation
• Ensure compliance with regulatory agency reports and third-party cost reports
• Assist with filings, ad-hoc financial analyses, and special projects as required
• Review payroll reports, reconcile expenses, and assist departments with staffing cost management
• Collect and report contract labor data ensuring accurate budgeting and staffing levels
• Assist with position control process including submissions, approvals, and communications
• Maintain position control reports including new requests and approvals
• Collect and report productivity data for organizational initiatives
• Collaborate with consultants and business partners to report data quarterly
• Assist in preparation of five-year financial plan aligned with corporate strategic plan
• Work with decision support teams to ensure integrity and accuracy of financial systems
• Provide accounting support including general ledger entries and reconciliations
• Maintain and update financial reports such as balance sheets, income statements, and trial balances
• Support monthly actual-to-budget variance analysis with accounting department

Requirements

• Bachelor’s degree in Accounting, Finance, or related financial field

Preferred Qualifications

• Three (3) years of finance and budget experience

Skills and Abilities

• Strong analytical skills for account analysis and reconciliation
• Effective interpersonal skills for interaction with managers, banks, and staff
• Excellent organizational and multitasking abilities
• Strong communication skills with sound judgment
• Ability to work independently in a complex and fluid environment
• Proven ability to collaborate with key stakeholders to determine and track budgets
• Teamwork orientation

Physical Requirements

• Primarily sedentary office work involving use of computers, phones, and office equipment
• Occasional walking, standing, reaching, and stair use
• Frequent communication and information exchange
• Ability to read computer displays and printed materials
• Occasionally lift or move up to 25 pounds
• Manual dexterity for computer keyboard operation

Compensation and Benefits

• Pay Range: $66,397.24 - $82,991.27 annually
• Compensation is based on qualifications including experience, certifications, education, skills, and internal equity
• Comprehensive benefits package supporting health, financial security, and career growth

Location

Remote work option available; preference given to local candidates.