UMass Memorial Medical Center · 12 hours ago
Sr. Financial Analyst, Pharmacy 340B, 40hr, Day
United States
Full-time
Remote
Mid, Senior Level
$65K/yr - $117K/yr
2+ years expUMass Memorial Medical Center is a premier health system in Central Massachusetts, dedicated to exceptional patient care and academic excellence. They are seeking a Senior Financial Analyst for the Pharmacy 340B program to collect and analyze financial data, support budgeting processes, and collaborate with various departments to meet financial targets.
Health CareMedical
Responsibilities
Supports and works with customers, Managers, Vice Presidents and Administrators through a process of proactively understanding customer needs. Resolves inquiries and provides training in use and navigation of multiple financial systems and reports
Develops a strong working knowledge of the forecasting/budgeting financial software and obtains efficient navigation capabilities. May assist with system quality assurance, testing and/or maintenance
Performs ad hoc and routine variance analysis and/or audits. Works collaboratively to develop and implement corrective actions to meet financial targets
Obtains data from the financial systems as needed. Designs, prepares and reviews various scheduled and ad hoc reports for presentation, distribution and/or ongoing financial data evaluation
Performs other duties as required including, but not limited to, identification of forecasting assumptions, preparation of an annual operating plan, and reconciliations of data from multiple financial systems
Participates in committees and work teams for various projects related to the budget process. May assist management in feasibility evaluation studies, market analysis and business plans
Trains and mentors Financial Analysts
May manage external contracts and revenues, which may include but is not limited to contract analysis, income review, funding, grant monies, cash collection, and invoicing
May processes DEFAs and change forms and resolve discrepancies with the Medical Group and Medical School payroll departments. May coordinate services and additional compensation for moonlighting, sign-on bonuses, and medical school related reimbursements. May oversee departmental purchasing and payables documents
Qualification
Required
Bachelor's Degree with a major or concentration in Health Care Administration, Math, Data Science, Economics, Finance, Accounting or related field
Minimum of 2 years of directly relevant work experience in finance
Must possess a fundamental understanding of financial management concepts and be able to assist in the development of financial plans
Familiarity with accounting principles and financial statements
Demonstrated experience utilizing Microsoft Office Suite programs (e.g. Excel, PowerPoint, Word, Access, Project) with expertise in modeling in Excel
Exhibit excellent analytical and interpersonal skills and the ability to develop and present creative approaches and solutions to strategic business issues
Strong organizational and communication skills, the ability to work with non-financial managers, and the ability to manage multiple projects
Preferred
MBA in Finance
Knowledge of discounted cash flows
Familiarity with hospital/healthcare delivery systems, financial forecasting and budgeting
A comprehensive working knowledge of computer-based financial/forecasting/budgeting techniques strongly preferred
Benefits
Signing bonus available
Company
UMass Memorial Medical Center
Umass Memorial Medical Center is the clinical partner of UMass Medical School and the largest health care system in Central Massachusetts. It is a sub-organization of UMass Memorial Health Care.
10001+ employees
H1B Sponsorship
UMass Memorial Medical Center 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 (13)
2024 (19)
2023 (10)
2022 (10)
2021 (12)
2020 (10)
Funding
Current Stage
Late StageLeadership Team
Bruce Whyte
Chief Technology Officer
Bart Metzger
Senior Vice President and Chief Human Resources Officer
Recent News
2025-12-11
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