Financial Advisor 1

Baylor Scott & White Health; Waxahachie (TX); On-site; USD 60,000 - 90,000; Full time

Benefits offered by this job

Health benefits

401(k) match

Tuition Reimbursement

PTO starting Day 1

Job summary

Baylor Scott & White Health is seeking a Financial Advisor to support hospital leadership and CFO by preparing, analyzing, and interpreting financial data that drives operational and strategic decisions. You will maintain monthly reporting, partner with department directors, and contribute to budgeting and forecasting processes.

You will build volume and revenue forecasts, monitor payer mix trends, and provide insights for cost-saving opportunities across service lines and contracts.

Qualifications

• Bachelor’s degree in finance, accounting, economics, or related field.
• 1–3 years of analytical experience preferred.
• Heathcare or hospital experience strongly preferred.
• Strong Excel skills and familiarity with financial systems/data tools.
• Ability to translate complex financial data into clear recommendations for clinical and operational leaders.

Responsibilities

• Prepare monthly financial reporting packages, including variance analysis of actual results vs. budget and prior year.
• Partner with department directors to explain performance drivers and identify cost-saving opportunities.
• Support labor management and productivity reviews.
• Assist with annual operating and capital budget development.
• Build volume, revenue, and financial impact forecasts for new service lines and payer contracts.
• Analyze net revenue trends and payer mix shifts alongside revenue cycle teams.
• Prepare cost accounting and service-line profitability analyses.
• Support month-end close activities (accruals, reconciliations).

Skills

Analytical thinking

Excel skills

Financial analysis

Variance analysis

Communication skills

Education

Bachelor's degree in finance, accounting, economics, or related field

Tools

Financial systems

Data tools

Job description

About Us

Here at Baylor Scott & White Health we promote the well-being of all individuals, families, and communities. Baylor Scott and White is the largest not-for-profit healthcare system in Texas that empowers you to live well.

About Us

Here at Baylor Scott & White Health we promote the well-being of all individuals, families, and communities. Baylor Scott and White is the largest not-for-profit healthcare system in Texas that empowers you to live well.

Our Core Values Are

• We serve faithfully by doing what's right with a joyful heart.
• We never settle by constantly striving for better.
• We are in it together by supporting one another and those we serve.
• We make an impact by taking initiative and delivering exceptional experience.

Benefits

Our benefits are designed to help you live well no matter where you are on your journey. For full details on coverage and eligibility, visit the Baylor Scott & White Benefits Hub to explore our offerings, which may include:

• Immediate eligibility for health and welfare benefits
• 401(k) savings plan with dollar-for-dollar match up to 5%
• Tuition Reimbursement
• PTO accrual beginning Day 1

Note: Benefits may vary based upon position type and/or level.

Job Summary

The Financial Advisor supports hospital leadership and CFO by preparing, analyzing, and interpreting financial data that drives operational and strategic decision-making. This role builds and maintains monthly financial reporting packages, partners with department directors on variance analysis, and supports the annual operating and capital budget process. The analyst also develops volume and revenue forecasts, models the financial impact of new service lines and payer contracts, and monitors net revenue trends and payer mix shifts in coordination with revenue cycle and managed care teams.

Essential Functions Of The Role

• Prepare monthly financial reporting packages, including variance analysis of actual results vs. budget and prior year
• Partner with department directors to explain performance drivers and identify cost-saving opportunities
• Support labor management and productivity reviews
• Assist with annual operating and capital budget development
• Build volume, revenue, and financial impact forecasts for new service lines, physician arrangements, and payer contracts
• Analyze net revenue trends and payer mix shifts alongside revenue cycle and managed care teams
• Prepare cost accounting and service-line profitability analyses
• Support month-end close activities (accruals, reconciliations)
• Contribute to regulatory and system-level financial reporting
• Problem solver/ Critical thinker

Belonging Statement

We believe that all people should feel welcomed, valued and supported.

Qualifications

• Bachelor's degree in finance, accounting, economics, or related field
• 1-3 years of analytical experience preferred
• Healthcare or hospital experience strongly preferred
• Strong Excel skills and familiarity with financial systems/data tools
• Ability to translate complex financial data into clear recommendations for clinical and operational leaders