Financial Analyst II / Finance Budget

Financial Analyst II / Finance Budget

Work where every moment matters. Every day, over 40,000 Hartford HealthCare colleagues come to work with one thing in common: Pride in what we do, knowing every moment matters here. We invite you to become part of Connecticut's most comprehensive healthcare network. The creation of the HHC System Support Office recognizes the work of a large and growing group of employees whose responsibilities are continually evolving so that we and our departments now work on behalf of the system as a whole, rather than a single member organization. With the creation of our new umbrella organization we now have our own identity with a unique payroll, benefits, performance management system, service recognition programs and other common practices across the system.

Position Summary:

Reporting to the Director or Manager of Budget & Financial Planning– Budgeting and Financial Planning role will serve as a critical member of the regional acute finance team. This role will focus on preparation of the annual operating and capital budgets, short- and long-term forecasts, business plan development and financial analysis spanning the full financial statements, related statistics and metrics of assigned business units. The position will create meaningful reports and facilitate insightful analysis between leadership and finance by collaborating with members of regional finance, SSO finance partners across the enterprise, all levels of leaders in the assigned region as well as peers in other regions to ensure consistent service delivery. The role will serve as a key business partner with operational and clinical leaders providing customer service, education, advice and guidance.

Position Responsibilities:

Key Areas of Responsibility:

• Budgeting - Works with Regional Director to construct annual operating and capital budgets, volumes, statistics, related support schedules, presentations and other materials as required.
• Forecasting - Supports periodic short- and long-term financial forecasting and re-forecasting of financial statements, budgets, volumes, statistics as required.
• Planning & Consulting – Serve as a consultant to local managers on financial matters & provides ad-hoc reporting. Guides local managers through system resources where support is needed. May lead or participate in workgroups to analyze business needs, formulate new plans or monitor progress on existing business plans.
• Financial Analysis - Provides assigned department management with insightful analysis, standard and ad-hoc reports that clearly explain issues to operational leaders. Become a trusted partner of the regional care team.
• Data Integrity – Maintains and reconciles maintenance of various datasets and tables in applicable software. Make recommendations for structural changes to enhance financial reporting. Partners with system resources where possible to streamline standard work.
• Month-End Close – Position supports accounting close cycle. Partner with accounting team to monitor close progress, provide accrual recommendations, create support schedules and research issues to explain financial results. Publishes statistical and other reporting used by all levels of the organization.
• Ad Hoc – Other Duties to support the regional finance office, special projects, as assigned.

Working Relationships:

This Job Reports To (Job Title): Regional Director or Manager of Budget & Financial Planning If applicable, describe nature of supervision of any External vendors, contractors, affiliate organizations, etc.: Builds Relationships and may participate on projects with:

• Peer Regional Financial Analysts
• Regional VP of Finance
• Regional Finance (Director of Accounting, General Accountants, Accounting Assistants)
• SSO Budget Peers (Same team located in other regions)
• SSO Finance Partners (SSO Accounting, Budget, HHCMG, Reimbursement, Payroll, CMG, Analytics, Strategy, Real Estate, etc.)
• Regional Operational, Directors and managers
• Executive Leadership Team

Qualifications

Education: Bachelor's degree in Finance, Accounting or other Financial related field or 2 yrs equivalent financial planning and budgeting work experience

Experience: Minimum: 2 years progressive financial experience post-college with at least 2+ years in a Budgeting and/or Financial Planning and Analysis capacity preferred. Working knowledge of healthcare finance principles, preferred not mandatory. Preferred: 2+ years progressive experience post-college with at least 2+ years in a Budgeting/FP&A capacity preferred. Work experience with an entity of relevant and comparable scale. 2+ years' work experience in a healthcare finance capacity preferred not mandatory.

Knowledge, Skills and Ability Requirements:

• Excellent communication and interpersonal skills
• Demonstrated ability to build and maintain strong and strategic business relationships
• Strong problem-solving and critical-thinking skills with the ability to execute with limited information and ambiguity
• Strong financial acumen, proven ability to connect the linkages of the project results to the financial and business benefits
• Acute attention to detail and ability to produce polished deliverables
• Demonstrated ability to balance numerous time-sensitive requests in a fast-paced working environment
• Requires expert computer skills (e.g., generating spreadsheet or developing templates for use by other team members, preparing presentations), advanced user of Microsoft Office products, including Excel, Word, PowerPoint and Project and ability to learn advanced technology tools.
• Ability to exercise independent judgment, creativity, and initiative
• Strong business analytics background includes the ability to develop and analyze contracts, proforma's, business plans, and financial projections.
• Ability to interpret financial statements and a firm understanding of physician group/healthcare operations.
• Ability to multi-task and work well in a fast-paced environment.
• Excellent communication, training and speaking skills
• Willingness to work in a collaborative environment
• Highly organized but willing to adjust direction when necessary

We take great care of careers. With locations around the state, Hartford HealthCare offers exciting opportunities for career development and growth. Here, you are part of an organization on the cutting edge – helping to bring new technologies, breakthrough treatments and community education to countless men, women and children. We know that a thriving organization starts with thriving employees-- we provide a competitive benefits program designed to ensure work/life balance. Every moment matters. And this is your moment.

Regular Standard Hours Per Week: 40 Schedule: Full-time (40 hours)