Financial Analyst Details

Financial Analyst

UMass Memorial Health - Worcester, MA

Employment Type : Full-Time

Requisition #: 230616

Title: Financial Analyst

Department: Strategic Financial Planning

Location: UMass Memorial Medical Center

Posting Date: 08/10/2022

Shift: Days

Status: Exempt

Hours: 40

Shift Length: 8

Position Summary:

Collects, prepares, audits and analyzes financial/statistical data related to operating and capital budgets and financial reporting processes. Gathers and prepares information that is formatted and structured to be analyzed for accuracy and achievement of budget targets.

Major Responsibilities:

• Supports and works with Customers, Managers and Administrators. Resolves inquiries and provides training in use and navigation of multiple budgeting systems.
• Develops a thorough working knowledge of budget financial software application(s) and obtains efficient navigation capabilities. May assist with system quality assurance, testing and/or maintenance.
• Obtains data from financial and budget systems as needed. Designs, prepares and reviews various scheduled and ad hoc reports for presentation, distribution and/or ongoing financial data evaluation.
• Assists in populating the current working budget with data from the previous fiscal year.
• Assists with ad hoc and routine variance analyses. Identifies variances, resolves discrepancies with all applicable personnel. Works collaboratively to develop and implement corrective actions to meet budget targets.

Position Qualifications:

License/Certification/Education:

Required:

• Bachelor’s Degree with a major or concentration in Health Care Administration, Math, Data Science, Economics, Finance, Accounting or related field.

Experience/Skills:

Required:

• Excellent analytical skills.
• A working knowledge of computer-aided data analysis (e.g., financial/forecasting/budgeting techniques).
• Demonstrated experience utilizing Microsoft Office Suite programs (e.g. Excel, Word, Access, PowerPoint).
• Strong verbal and written communication skills and interpersonal skills.
• Ability to manage multiple priorities and meet deadlines.

Preferred:

• One year of relevant work experience.
• Familiarity with hospital/healthcare delivery systems, financial forecasting and budgeting.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.