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Boston Children's Hospital · 18 hours ago

Financial Analyst II

Boston

Full-time

Hybrid

Entry, Mid Level

$70K/yr - $112K/yr

2+ years exp

Boston Children's Hospital is a leading healthcare institution dedicated to improving the health and well-being of children. They are seeking a Financial Analyst II to assist in monitoring and controlling the Department’s operating budget, perform accounting and budgeting functions, and prepare financial reports and statements.

Health CareHospitalMedical

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

Qualification

AccountingFinancial AnalysisBudgetingAnalytical SkillsMS ExcelMS AccessCommunication SkillsInterpersonal Skills

Required

Bachelor's degree in Accounting or a closely related field

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