Financial Analyst II

Overview

Position Summary Assists in monitoring and controlling the Department’s operating budget. Performs accounting and budgeting functions. Develops work plans for financial planning projects. Conducts financial, statistical and analytical studies; prepares and assists in the preparation of financial reports and statements according to prescribed guidelines. Participates in the development and maintenance of the annual budget process. Position may reside in accounting, budget, or a department’s management team.

Responsibilities

• Performs detailed analyses of various general ledgers accounts, Department operating budget, and selected cost centers, as assigned. Performs account reconciliations and reviews activity for accuracy, completeness, reasonableness, interpreting trends or deviations and making recommendations for corrective action.
• Reviews hospital/physician service contracts and fee schedules, if assigned. Prepares appropriate analyses for review by committee. Makes recommendations regarding contract terms and fees.
• Develop workplans for financial planning projects to include objectives, timeliness, milestones and deliverables, if requested. Maintain organized and well documented project files. Participate in multi disciplinary workgroup meetings.
• Prepares various financial transactions, reports, and analyses related to the assigned function, which may include: operating financial statement, operating budget, intercompany activity, and other sub ledger activity and schedules. Presents financial statements to the Finance Committee and other Hospital wide or departmental senior managers.
• Assists management with the development of clinical general fund and service fund budgets, if assigned. Monitors budget performance and coordinates variance reporting. Prepares appropriate budget analyses to measure performance.
• Develops and prepares a variety of ad-hoc reporting, financial models and analyses to senior management as requested or as deemed necessary.
• Works with department managers to educate, advise, interpret the relationship of processes to reports; trouble shoot, resolve problems, and reconcile balances, including providing written analyses, explanations and interpretations of all aspects of financial and budgeting processes.
• Researches and analyzes financial data for internal and external clients, creates, organizes, and maintains files using database and spreadsheet programs; retrieves and organizes data into required reporting formats; collects, retrieves and organizes data to identify financial discrepancies and resolve inquiries; recommends solutions and ensures that corrections or changes are implemented properly.
• Coordinates the development of operating budgets, if assigned. Provides information and collaborates with Administrator and Chief in budget preparation, implementation and control.
• Staffs finance-related Committees, as required.

Education

Minimum qualifications

• Bachelor’s degree in Accounting or a closely related field

Experience

• Two years of related experience
• Analytical skills to collect information from diverse sources, apply professional principles in performing various analyses, and summarize the information and data in order to solve problems or design relatively complex systems and programs that cross department/divisional lines.
• Ability to communicate effectively both orally and in writing and provide empathy in difficult interpersonal situations.
• Proficiency with MS Office applications, in particular Excel and Access.

Schedule : M-F, Hybrid (1x a week in office)

The posted pay range is Boston Children’s reasonable and good-faith expectation for this pay at the time of posting.

Any base pay offer provided depends on skills, experience, education, certifications, and a variety of other job-related factors. Base pay is one part of a comprehensive benefits package that includes flexible schedules, affordable health, vision and dental insurance, child care and student loan subsidies, generous levels of time off, 403(b) Retirement Savings plan, Pension, Tuition and certain License and Certification Reimbursement, cell phone plan discounts and discounted rates on T-passes. Experience the benefits of passion and teamwork.