Sr Fin Analyst, Budget & Plan / Finance Budget

Sr Financial Analyst, Budget & Financial Planning

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 Connecticuts 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

Sr Financial Analyst, Budget & Financial Planning will work under the direction of the Vice President of Finance BHN and in collaboration with the business unit Vice Presidents of Operations, their Directors and Managers of Operations and the BHN Finance team as well as the HHC Budget and Financial Planning Leadership in a collaborative environment on financial and operational matters. Oversees, directs and participates in the annual planning of the operating and capital budgets for BHN, the three year forecast and is integral to the development of the annual Management Action Plan target and the maintenance of StrataJazz system.

Provides leadership and direction for the system budget department and the business unit budget managers. The director will assist in both short and long-term financial management planning which will enable the organization to maximize the potential of its financial resources to meet changes in healthcare economics and achieve organizational objectives.

Position Responsibilities

Key Areas of Responsibility

• Budgeting - Works with VP Finance 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 explains issues to operational leaders. Become a trusted partner of the care team.
• Data Integrity Maintains and reconciles maintenance of various datasets and tables in applicable software. Makes recommendations to structural changes to enhance financial reporting. Partners with system resources where possible to streamline standard work.
• Responsible for planning and executing on training of new managers in the implementation and use of the StrataJazz budget module.
• Oversees the preparation of weekly, monthly and annual statistical reports for system-wide distribution ensuring timely communication of information.
• Perform other duties as delegated by the Vice President of Budgeting and Financial Planning or the HHC Senior VP Finance Operations.
• Liaises with system accounting and business unit budget personnel to synchronize the budget and actual reporting of financial information.
• Develops and maintains effective working relationships throughout the organization to ensure effective communication and implementation of planning activities, processes and initiatives in the areas of Behavioral Health.

Working Relationships

Job Title of Individual(s) Reports To: Vice President Finance BHN

Internal:

• 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 and Executive Leaders

Qualifications

Requirements and Specifications:

Education:

• Minimum: Bachelors degree in accounting or finance required
• Preferred: Masters degree in Finance, Health Care Administration, Business Administration, or related field or CPA preferred

Experience:

• Minimum: 3 or more years of progressively more responsible related work experience, including two (2) or more years of experience in a financial planning / budgeting position.
• Preferred:
• Health care related
• Familiarity with StrataJazz

Knowledge, Skills and Ability Requirements:

• A knowledge and understanding of all aspects of finance, healthcare operations, information systems, and management
• Strong financial, analytical and critical thinking skills necessary to conceptualize ideas in an fast-paced, dynamic, and multifunctional environment requiring creativity, innovation, foresight, and mature judgment
• Leadership and management skills necessary to work effectively within a system, motivate individuals and teams, and resolve problems in a diplomatic, professional manner
• Excellent relationship, oral and written communication, and presentation skills. The incumbent must be able to clearly articulate factual and advisory information to all levels of staff and Senior Leadership of the organization.
• Computer skills, including proficiency in Microsoft Office
• Willingness to operate in a collaborative environment with multiple stakeholders
• Have a personal presence that is characterized by a sense of honesty, integrity, and caring with the ability to inspire and motivate others to promote the philosophy, mission, vision, goals, and values of Hartford HealthCare.
• Ability to manage and motivate indirect reports.
• Strong sense of urgency, as well as attention to detail
• Be a mature, intelligent, personable, self-confident and possessing management experience.
• Be a creative problem-solver with the willingness to take the initiative in leading change as well as the ability to effectively manage change.
• Assumes ownership to problems by following through until problems are resolved. Generates new ideas and creative approaches to solve problems and benefit the organization.
• Be a creative thinker who enjoys working as part of a team and partners with operations.
• Possess a management philosophy and behavior which exemplifies integrity and strength of character, people sensitivity and respect for others, collaboration and team building, sense of humor, willingness to share and teach, customer service orientation and commitment to quality in all endeavors.