Baystate Health · 1 day ago
Sr Financial Data Analyst
Springfield, Massachusetts
Full-time
Hybrid
Mid, Senior Level
$96K/yr - $131K/yr
5+ years expBaystate Health is a healthcare organization seeking a Sr. Financial Data Analyst. This role is responsible for maintaining internal controls, ensuring compliance with laws and regulations, and serving as the primary contact for financial data related to reporting and reconciliation.
DeliveryFitnessHealth CareHospitalMedical DeviceStaffing Agency
Responsibilities
Leverages relationships and collaboration across finance division to build a high level of trust and collaboration in report development, analysis, and timely delivery
Interprets financial, accounting, and contractual information to ensure accuracy of data used in reporting, analysis, and forecasting
Utilizes software including Microsoft SQL Server and/or SAS to perform queries utilizing the data warehouse, to refresh financial models and regulatory reports (monthly, quarterly, and annually)
Performs financial reconciliations of expenses, revenue, and membership data
Resource for other members of the department/division on data-based business processes and may be responsible for training and guidance of other associates
Presents data driven financial information and succinctly communicates analytic observations to internal and external stakeholders
Evaluates and researches departmental data needs by engaging stakeholders and identifying inefficiencies/waste, risks and key person dependencies
Identifies areas of opportunity to further enhance financial processes and data mining to better align with the corporate wide strategy of Caring, Simplification, and Affordability
Works in partnership with the finance business areas to create comprehensive documentation (SOPs), training, and identify key dependencies
Communicates to stakeholders and leadership on project status, outcomes, and improvements
Provides ad-hoc reporting and analysis for financial, governmental, pharmacy, and administrative data used in strategic decision making
Qualification
Required
Bachelor's degree in Finance or Accounting or a related field
More than 5 years of financial or analytical experience preferably in an HMO, insurance or healthcare environment
Effective at managing competing priorities and can work independently with little oversight
Strong analysis, critical thinking, and troubleshooting skills
Experience with data interpretation, analysis and reporting
Experience with both financial and clinical data, and complexities of models for various types of provider value based risk contracts
Experience with allocations and ratios, product mix, and risk adjustment concepts
Experience with SQL and/or SAS. Ability to write and run complex queries is required for this position
Analytical and detail oriented, Audit-minded thought process
Advanced knowledge of Excel functions and formulas
Able to work multiple projects at one time and meet tight deadlines
Ability to work independently as well as part of a team
Excellent oral, written, and communication/presentation skills
Preferred
Knowledge in dashboard applications such as Power BI, Tableau, etc
Company
Baystate Health
Baystate Health is an integrated health care delivery system serving a population of nearly one million people in western Massachusetts.
10001+ employees
Funding
Current Stage
Late StageTotal Funding
$3.9MKey Investors
Massachusetts Life Sciences Center
2023-10-04Acquired
2019-06-03Grant· $3.9M
Leadership Team
Peter D. Banko
CEO
Marion Mcgowan
Executive Vice President | Chief Operating Officer
Recent News
2025-11-05
Company data provided by crunchbase