Financial Analyst - ForHealth Consulting (REMOTE)

University of Massachusetts Medical School; Shrewsbury (MA); Remote; USD 70,000 - 90,000; Full time

Job summary

A prominent medical school is seeking a Financial Analyst responsible for financial analysis, budgeting, and reporting. The role involves supporting finance leadership with insights into cost savings, financial risks, and compliance, while maintaining comprehensive financial documents and reports. Ideal candidates will have proven analytical abilities and a background in finance or accounting, ensuring strong communication and problem-solving skills.

Qualifications

• 5-7 years of finance-related experience.
• Demonstrated writing and analytical skills.
• Ability to work independently and collaboratively.

Responsibilities

• Conduct financial analysis, budgeting, and planning.
• Analyze financial trends and produce financial reports.
• Support leadership with market and margin analysis.

Skills

Financial analysis

Communication

Analytical skills

Statistical analysis

Education

Bachelor’s Degree in Finance, Accounting, or related field

Tools

Microsoft Excel

Database applications

Job description

Overview

The Financial Analyst will be responsible for conducting financial analysis, budgeting and planning, and the creation and presentation of financial statements, reports, and revenues, and reporting and metrics functions. The position will provide information to the leadership team on cost savings, cost analysis, financial management, financial metrics, and financial improvement opportunities. The Financial Analyst will also perform backfill support for data analysis needs. The Financial Analyst will report to the Director, Finance.

Responsibilities

• Assist the Director, Finance in monitoring and analyzing financial accounts on a monthly, quarterly, and annual basis.• Support the Finance leadership team in providing market and margin analysis, pricing models, and cost development support services. • Analyze financial information using queries, spreadsheets, databases and other reporting tools for trend analysis, forecasting, and financial ratios.• Analyze trends, make financial projections, and assess financial risk. • Produce financial reports for management, as needed or requested, including income statements, cash flow statements, and balance sheets. • Conduct in-depth analysis of program data and performing computations with a high degree of independence.• Collect, extract, analyze, and manage financial information.• Ensure accuracy of reports by reviewing data and resolving discrepancies internally for assigned reports.• Prepare reports and projections based on financial data, consolidating for leadership team. • Create and submit journal entries and reports.• Track and analyze revenue data.• Participate in project meetings related to financial analysis, data analysis, and management.• Support internal dashboards and reporting, including the review of dashboards created by other team members.• Review and support DCS finance group team members as needed.• Review and monitor compliance with the federal and state regulations.

Qualifications

REQUIRED EDUCATIONBachelor’s Degree in Finance, accounting, a related field, or equivalent experience

REQUIRED WORK EXPERIENCE5 – 7 years of finance related experienceDemonstrated experience/skills in appropriate computer, statistical, or database applicationsDemonstrated ability to write reports, analyze financial documents, journal articles, and/or other technical documentsExcellent communication, both oral and writtenInterpersonal skills necessary to interact successfully with a wide range of individualsProven analytical skills to process large amounts of information to find cost savings methodsAbility to work independently and collaborativelyAbility to recognize potential financial problems, engage in strategic planning and analysis of financial resources, markets, and products, assist management in making sound, profitable financial decisions Demonstrated experience using computer-based tools including word processing, databases, and advanced experience with Microsoft Excel

PREFERRED EDUCATIONMaster’s Degree in Finance, accounting, or related fieldCertified Public Account (CPA) or equivalent certification(s)PREFERRED WORK EXPERIENCE6 – 8 years of experience in health sciences, healthcare, or disability services fields