Analyst, Financial I

Boston Children’s Hospital; Boston, Northern (MA, KY); Hybrid; USD 80,000 - 110,000; Full time

Job summary

Boston Children’s Hospital is seeking a Finance Analyst to provide financial support to department leadership, collecting budget information, allocating costs, and preparing reports and budget documents. The role analyzes financial status by collecting, monitoring, and studying data, and recommending actions.

You will manage key financial measurements, prepare charts and graphs, perform variance analyses, and maintain the financial database.

Qualifications

• Bachelor's degree required with strong analytical skills.
• 2 years of experience in finance or accounting preferred.
• Proficient in Microsoft Excel and data analysis.

Responsibilities

• Manage financial measurements (revenue, gross profit, expense, profit and cash).
• Prepare reports and budget documents; analyze financial status and trends.
• Perform journal entries and maintain financial databases.
• Develop automated accounting applications to improve productivity.
• Communicate with management and finance staff; present findings.

Education

Bachelor's Degree

Job description

Position Summary

Provides financial support to department leadership. Collects budget information, allocates costs, and prepares reports and budget documents. Analyzes financial status by collecting, monitoring, and studying data; recommending actions.

Key Responsibilities

Manage and coordinate the key financial measurements (revenue, gross profit, expense, and profit and cash), and also advise on cost reducing techniques. Perform journal entries, verification, and back-up and maintain financial database.

• Assist in the preparation of financial reports. With the help of computer spreadsheets, draw charts and graphs to illustrate these reports.
• Monitors variances, track receivables, and follow up on discrepancies. Conducts business studies, review accounts, vendor reports, contractual terms, prices, and market oscillations
• Perform budget and cost analysis, reviewing and advisory of financial status. Performs risk assessments and evaluation of programs.
• Communicates with direct management, finance personnel and other analysts in meeting task assigned by the hospital. May present verbal or oral reports on general economic trends, individual corporations, and whole industries
• Develop automated accounting applications to improve productivity.
• Maintain confidentiality of financial information, investment decisions, or any other tasks assigned by the organization.
• Prepares detailed analyses of various general ledger accounts and selected cost centers, as assigned. Reviews account and/or fund activity for accuracy, completeness, and reasonableness. Provides management with preliminary interpretations and explanations on trends, current and prior year changes and projected impact.
• Communicates effectively and timely to provide clear and accurate responses to questions and concerns raised by department managers. Researches all issues or concerns pertaining to the budget performance report and funds collation report, as well as all supporting reports used by department managers and grant managers to manage revenues and expenses.
• Maintain capital portfolio including reconciling, organizing, tracking.

Knowledge and Skills

• Analytical skills to resolve complex problems requiring the use of scientific, mathematical, or technical principles and in depth, experienced based cross functional knowledge.
• Ability to communicate effectively both orally and in writing and provide empathy in difficult interpersonal situations.
• Solid technical skills and proficiency with Microsoft Office and Excel.
• Knowledge of basic analytical models, tools and methods.
• A willingness and ability to learn and adopt new systems and technologies supporting Financial Reporting analytics.
• Interest and skill in effectively working with large data sets.
• Strong analytical and problem solving skills.
• Ability to communicate effectively both orally and in writing.
• Ability to work effectively independently as well as cohesively within a team.
• Ability to follow standardized processes accurately and consistently.
• Ability to clearly explain and follow established protocols.
• Ability to adapt to a changing environment.
• Ability to successfully interact and partner with customers, peers and management.
• Ability to identify unfamiliar circumstances and oriented .
• Strong organizational skills and ability to effectively meet deadlines

Education

Bachelor’s Degree

Experience

• 2 years of previous experience