Senior Financial Analyst, Financial Planning - REMOTE

Overview

The Senior Financial Analyst, Financial Planning, reports to the Manager of Financial Planning and plays a key role in supporting the organization's financial planning, budgeting, and analysis activities. This position collaborates closely with department leaders, finance colleagues, and senior management to provide data-driven insights that support informed decision-making and maintain financial health.

Responsibilities

• Conduct monthly variance analysis comparing actual financial results to budgeted figures and explain deviations.
• Advise and support departments on budget management and financial planning.
• Analyze financial data to identify opportunities for cost savings and operational efficiencies.
• Provide recommendations based on financial analyses to aid decision-making.
• Lead complex financial analyses including detailed variance reviews 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 monitor key volume metrics.
• Identify root causes of volume fluctuations and develop insights to support decisions.
• Act as a liaison between finance and other departments, communicating budgetary and financial information clearly to non-financial stakeholders.
• Address and resolve budget-related inquiries and issues.
• Coordinate cross-functional teams to meet project goals within budget and timelines.
• Assist in developing and enforcing financial policies and procedures.
• Ensure compliance with organizational financial processes and reporting standards.
• Lead and participate in special financial projects and initiatives as needed.
• Identify opportunities to improve financial processes and systems to enhance efficiency and accuracy.
• Mentor and guide junior financial analysts, supporting their development and performance.
• Lead cross-functional teams on financial projects and initiatives.

Requirements

• Bachelor's degree in finance or accounting from an accredited institution; master's degree in accounting, business administration, or healthcare preferred.
• 5-7 years of experience as a financial analyst, preferably within a healthcare environment.
• Strong understanding of accounting principles and financial statements, including balance sheets and normalized profit and loss statements.
• Proficiency in extracting and analyzing large datasets to identify trends, patterns, and anomalies.
• Advanced Excel skills, including pivot tables, VLOOKUP, and complex formulas.
• Ability to prepare and present financial analyses and reports.
• Skilled in variance analysis to identify discrepancies between actual and budgeted figures.
• Knowledge of healthcare-specific financial concepts and terminology.
• Familiarity with hospital financial statement components such as volume, full-time equivalents (FTE), and supply expenses.
• Proficiency in PowerPoint and ability to develop presentations from complex data sets.
• Effective communication skills to explain financial concepts to non-financial stakeholders.
• Strong analytical and critical thinking skills with the ability to develop independent solutions.
• Ability to manage multiple priorities, meet deadlines, and work under pressure.
• Collaborative mindset with strong interpersonal skills to build relationships across departments.
• Initiative to propose new ideas or approaches to improve processes or solve problems.
• Leadership skills to manage projects and mentor junior analysts.

Preferred Qualifications

• Certified Public Accountant (CPA) or Certified Healthcare Financial Professional (CHFP) designation preferred but not required.

Compensation & Benefits

• Salary range: $78,000 to $113,000 annually. This range is based on minimum qualifications and may vary depending on education, experience, skills, certifications, organizational needs, internal equity, and market competitiveness.
• Comprehensive benefits package including medical, dental, vision, pharmacy coverage.
• Discretionary annual bonuses and merit increases.
• Flexible Spending Accounts and 403(b) retirement savings match.
• Paid time off and career advancement opportunities.
• Resources to support employee and family well-being.

Note: Salary range is based on data for the Boston area and may be adjusted based on geographic location.

Location

• Full-time, remote position.

This employer is an equal opportunity employer and encourages applications from individuals with disabilities and veterans.