Senior Finance Analyst

Description

About Us

As a not-for-profit organization, Mass General Brigham is committed to supporting patient care, research, teaching, and service to the community by leading innovation across our system.

Founded by Brigham and Women’s Hospital and Massachusetts General Hospital, Mass General Brigham supports a complete continuum of care including community and specialty hospitals, a managed care organization, a physician network, community health centers, home care, and other health-related entities.

Several of our hospitals are teaching affiliates of Harvard Medical School, and our system is a national leader in biomedical research.

We’re focused on a people-first culture for our system’s patients and our professional family. That’s why we provide our employees with more ways to achieve their potential.

Mass General Brigham is committed to aligning our employees’ personal aspirations with projects that match their capabilities and creating a culture that empowers our managers to become trusted mentors.

We support each member of our team to own their personal development and we recognize success at every step.

Our employees use the Mass General Brigham values to govern decisions, actions, and behaviors. These values guide how we get our work done : Patients, Affordability, Accountability & Service Commitment, Decisiveness, Innovation & Thoughtful Risk;

and how we treat each other : Diversity & Inclusion, Integrity & Respect, Learning, Continuous Improvement & Personal Growth, Teamwork & Collaboration.

The Opportunity

Under the direction of the MGB Global Patient Services Director of Business Operations, the Sr. Financial Analyst will be an integral part of the dynamic and collaborative Business Operations Team.

The incumbent will play an integral and supportive role for the financial and general business activities of the Global Patient Services business, including creation of financial documentation, financial modeling and reporting, contract pricing, month end close processing, revenue recognition, analysis, budget preparation, and special projects.

The ideal candidate will serve as a business and financial liaison between MGB Global Patient Services and MGB Finance / Accounting, and organizational departments participating in international projects.

Principal Duties and Responsibilities

• Be a key business partner providing financial and project management support to the Director of Business Operations.
• Develop and maintain open relationships with MGB departments, MGB Finance / Accounting, IS, as well as enterprise-wide Practice and Finance Managers.
• The Senior Financial Analyst will provide high-level analyses for, and research around, a broad range of business issues and will need to be able to independently, and with due diligence, perform work on all areas of responsibility.
• Assist in developing the Annual MGB Global Patient Services budget based on active and pipeline international contracts and other departmental activities.
• Provide superior analytic and problem-solving skills with a high value in data integrity and accuracy.
• Monthly review, analysis, follow-up, and (where required) reconciliation of all departments, including revenue and cost drivers, FTE analysis, variance reports and analysis, and deviations from budgetary expectations.
• Analyze proposed operating requests; coordinate questions for discussion and participate in negotiation of budget issues with management.
• Produce periodic PowerPoint presentations, Word documents, and other analyses for a wide audience to convey financial results, operating procedures, or other such supporting information in a well-formatted, clear, and compelling manner.
• Participate in development of business / financial models for specific initiatives and a wide variety of special projects and in the evaluation of new business opportunities.
• Participate in the creation of dashboards and reports that will help to assess the ROI of multiple current contract engagements and other pipeline projects.
• Develop process flows with key data reporting tasks and funds flow maps to appropriately track and manage operational funds, departmental contributions and physician payments
• Identify areas to streamline and improve existing processes (e.g. payment processes, financial and performance reporting, provider compensation models, etc.

propose recommendations in alignment with department and organizational goals

• Develop pricing models for pipeline projects to be used for negotiations and contract development for international partners and clients
• Participate in monthly close activities as required to compile the journal entries as needed monthly, quarterly, and at year end that will be loaded into the General Ledger System and communicating with various departments and entities to ensure completeness and accuracy.
• Manage contractual invoicing and the opening of AP purchase orders and facilitating transactions processing in PeopleSoft, etc.
• Other duties and ad-hoc analysis as required.

Qualifications

Qualifications

• Bachelor of Arts or Science required, preferably in Finance / Accounting
• A minimum of 3-5 years of progressive financial and operational planning and analysis experience, ideally in a Healthcare setting required.
• Proficiency with Peoplesoft, Hyperion, Word, Excel, PowerPoint, Salesforce, Vision, and Workfront preferred, and ability to learn new programs as needed

Skills, Abilities and Competencies

• Demonstrate effectiveness in working in complex and dynamic environments and with complex systems.
• Must be comfortable with ambiguity and demonstrate an ability to problem-solve by thinking critically and creatively.
• Must have project management experience and an ability to manage several projects simultaneously with keen attention to time prioritization.
• Ability to present and communicate knowledge and information with all levels of clinical and administrative staff in a clear concise manner that is appropriate to the audience.
• Must be capable of operating at both the strategic and tactical level.
• Motivated self-starter with an extreme attention to detail and data accuracy.
• Ability and willingness to work independently and to take initiative when required.
• Ability to work with individuals at various levels of the organization.
• Analytical aptitude, with the ability to create / extract / manipulate / analyze financial and operational data.
• Ability to manage several projects simultaneously.
• A strong understanding of escrow, accrual, capital, depreciation, and any other relevant analyses.
• Financial and operational modeling skills.
• Ability to work with and learn multiple financial and reporting systems.
• Ability to build collaboration across the organization.

Working Conditions

• Hybrid, remote, and / or on-site based on departmental needs with ability to work extended hours as necessary
• Travel to any MGB facilities to attend off-site meetings as requested
• Expected to adhere to all privacy and security rules concerning data access

Fiscal Responsibilities

• Financial Analysis, budgeting, planning, and reporting
10 days ago