Boston Medical Center (BMC) · 13 hours ago
Senior Financial Analyst, Financial Planning
Boston, MA
Full-time
Onsite
Mid, Senior Level
$72K/yr - $105K/yr
5+ years expBoston Medical Center (BMC) is seeking a Senior Financial Analyst for their Financial Planning department. This role involves driving financial planning, budgeting, and analysis efforts while collaborating with various stakeholders to provide data-driven insights and support decision-making.
Health CareHospitalMedicalNon Profit
Responsibilities
Perform variance analysis to compare actual financial outcomes with budgeted figures and provide explanations for deviations
Provide guidance and support to departments regarding budget management and financial planning
Evaluate financial data to identify potential areas for cost reduction and efficiency improvements
Provide recommendations based on financial analysis to support decision-making
Lead complex financial analyses, including detailed variance analysis and trend forecasting
Prepare regular financial dashboards for senior leadership, highlighting key performance indicators and financial metrics
Analyze patient volume trends and utilize reporting tools to track key volume metrics
Identify root causes for volume fluctuations and develop insights that support decision‑making
Serve as a liaison between the finance department and other departments
Communicate budgetary and financial information to non-financial stakeholders in an understandable manner
Address and resolve budget-related inquiries and issues
Coordinate cross-functional teams to achieve project goals within budget and timeline constraints
Assist in developing and enforcing financial policies and procedures
Ensure financial processes and reporting comply with organizational policies
Lead and participate in special financial projects and initiatives as needed
Identify areas for improvement in financial processes and systems and recommend enhancements to increase efficiency and accuracy
Mentor and guide junior financial analysts, providing support and development opportunities to enhance their skills and performance
Lead cross-functional teams on financial projects and initiatives
Qualification
Required
Requires a bachelor's degree in finance or accounting from an accredited college or university
5-7 years of experience as a financial analyst, preferably in a healthcare setting
A solid understanding of accounting principles and financial statements (balance sheets, normalized P&L income statements)
Ability to extract and analyze large datasets to identify trends, patterns, and anomalies
Proficiency in using advanced Excel functions and tools for financial analysis, such as pivot tables, vlookups and complex formulas
Ability to prepare and present financial analysis and reports
Skilled in conducting variance analysis to identify discrepancies between actual and budgeted figures
Understanding of healthcare-specific financial concepts and terminologies
A solid understanding of the main concepts of hospital financial statements (volume, FTE, supplies expenses, etc.)
Strong proficiency in PowerPoint and ability to develop presentations based on a large set of data
Effective in communicating financial concepts and analyses to non-financial stakeholders
Ability to analyze situations, think critically, and develop solutions independently
Skilled in managing multiple priorities, meeting deadlines, and handling the pressure of tight schedules
Ability to work well with others, build relationships, and collaborate across departments
Willingness to come up with new ideas or approaches to improve processes or solve problems
Ability to lead projects or initiatives and mentor junior analysts, fostering a collaborative and effective working environment
Preferred
Master's degree in accounting, business administration or healthcare preferred
CPA or Certified Healthcare Financial Professional preferred
Benefits
Medical
Dental
Vision
Pharmacy
Discretionary annual bonuses
Merit increases
Flexible Spending Accounts
403(b) savings matches
Paid time off
Career advancement opportunities
Resources to support employee and family well-being
Company
Boston Medical Center (BMC)
Boston Medical Center (BMC) is a 511-bed, equity-led academic medical center and a proud member of the Boston Medical Center Health System.
5001-10000 employees
H1B Sponsorship
Boston Medical Center (BMC) has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (53)
2024 (51)
2023 (51)
2022 (38)
2021 (26)
2020 (32)
Funding
Current Stage
Late StageTotal Funding
$342.49MKey Investors
AmeriCorps Public AlliesNational Institute on Drug Abuse (NIDA)The Boston Foundation
2024-07-09Grant· $0.06M
2023-02-23Debt Financing· $232M
2019-04-23Grant· $89M
Leadership Team
David Beck
Senior Vice President & Chief Legal Counsel
Recent News
2025-11-11
2025-11-10
Company data provided by crunchbase