[Hiring] Senior Financial Analyst @Tufts Medicine

Role Description

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 Financial Planning & Analysis duties:

• Short and long-term financial planning and/or financial analysis of business operations for the purpose of measuring and forecasting future business performance.
• Analysis of internal financial information (e.g., profit loss accounts, financial statements, working capital, costs, prices, expenses, revenues, rates of return, etc.) and external economic conditions (e.g., inflation, interest rates, exchange rates, etc.).
• Conducts financial modeling to measure and forecast potential impacts of financial transactions and corporate development activities.

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.

Qualifications

• Bachelor’s degree in Accounting or Finance.
• Three (3) years of experience in Financial Planning and Analysis.

Requirements

• Five (5) years of experience in healthcare Financial Planning and Analysis (preferred).
• Healthcare experience to include Physician Group Finance (preferred).

Benefits

At Tufts Medicine, we want every individual to feel valued for the skills and experience they bring. Our compensation philosophy is designed to offer fair, competitive pay that attracts, retains, and motivates highly talented individuals, while rewarding the important work you do every day.

• Base pay ranges reflect the minimum qualifications for the role.
• Individual offers are determined using a comprehensive approach that considers relevant experience, certifications, education, skills, and internal equity.
• Comprehensive Total Rewards package that supports your health, financial security, and career growth.

Job Description

• Maintains the budget and forecasting system and related database.
• Utilizes the budget and forecasting system, general ledger financial reporting, and the patient billing system to produce assigned management reports.
• Assists in the development of financial analysis to support new business proposals and potential service lines expansion.
• Assists in the financial profitability analysis of varied organizational/operational cross sections.
• Culls, interprets, and presents information in succinct and easily understandable formats for senior leaders.
• Reports key volume statistics and metrics for the system.
• Oversees, trains, and mentors junior team members in all budget/planning functions.
• Trains budget system users on budget entry and reporting functionality.
• Leads system improvement and/or implementation of new technology.
• Responds to ad hoc financial analyses, special projects, and other similar or related duties as required.
• Works with department manager on financial analysis for new and existing programs.
• Documents workflow and processes to aid in standardization and process improvement.
• Provides accounting support as needed including general ledger entry posting and reconciliations.
• Works closely with Accounting department to generate and present monthly actual to budget variance analysis.
• Maintains general ledger financial reports including balance sheets, trial balances, income statements, and chart of accounts.
• Maintains collaborative team relationships with peers and colleagues.
• May assist in the development of the five-year financial plan that is updated annually.
• May assist in maintaining the Decision Support System (DSS) and ensure data integrity.

Physical Requirements

• Professional office environment with typical office requirements such as computers, phones, photocopiers, filing cabinets, etc.
• This is largely a sedentary role, which involves sitting most of the time.
• Frequently required to speak, hear, communicate, and exchange information.
• Able to see and read computer displays and fine print.
• Occasionally lift and/or move up to 25 pounds.
• Requires manual dexterity using fine hand manipulation to operate computer keyboard.

Skills & Abilities

• Ability to apply financial management concepts and methodologies to projects.
• Demonstrated ability to work and effectively communicate with individuals from a variety of backgrounds.
• Effective analytical thinking and ability to gather, understand, integrate, and synthesize complex information.
• Knowledge of hospital financial analyses and decision support systems.
• Strong computer skills, including proficiency with MS Office and familiarity with databases.
• Outstanding attention to detail and strong organizational skills.
• High degree of professional confidence and communication skills.
• Ability to coordinate across disciplines and departments.
• Highly professional manner with an ability to maintain sensitivity, confidentiality, and tactfulness.
• Excellent writing skills including the ability to draft and present program materials.
• Comfortable with ambiguity and works to resolve open questions.
• Concise and effective verbal and written communication skills.

Pay Range

$72,371.94 - $90,464.92 based on full-time equivalent.