Financial Analyst II

Boston Children's Hospital; Boston (MA); On-site; USD 66,000 - 105,000; Full time

Job summary

Boston Children's Hospital is seeking a Financial Analyst to assist in monitoring and controlling the hospital's operating budget and to perform accounting and budgeting functions. The role involves developing work plans for financial planning projects, conducting analyses, and preparing financial reports in line with guidelines.

The position includes preparing operating budgets, monitoring performance, and presenting statements to the Finance Committee and senior leaders.

Qualifications

• Bachelor's degree in accounting or closely related field is required.
• Strong analytical mindset with the ability to gather, interpret and summarize data.
• Excellent written and verbal communication, with the ability to interact with diverse stakeholders.

Responsibilities

• Performs detailed analyses of general ledgers, hospital operating budget, and cost centers.
• Develops workplans for financial planning projects with objectives, milestones and deliverables.
• Prepares financial statements, operating budget reports, and intercompany activity for senior management and Finance Committee.
• Monitors budget performance and coordinates variance reporting; analyzes and explains deviations.
• Develops ad-hoc reports, financial models and analyses for senior management as requested.
• Researches and analyzes financial data, organizes data files, and resolves inquiries.

Skills

Analytical skills

Communication

Empathy

Education

Bachelor's Degree in Accounting or related field

Tools

Excel

Access

Job description

Open Full-time 65,936–105,497.60 USD per year as stated in the posting

About this job

Job Posting Description

Position Summary

Assists in monitoring and controlling the Hospital's operating budget. Performs accounting and budgeting functions. Develops work plans for financial planning projects. Conducts financial, statistical and analytical studies; prepares and assists in the preparation of financial reports and statements according to prescribed guidelines. Participates in the development and maintenance of the annual budget process. Position may reside in accounting, budget, or a department's management team.

Key Responsibilities

• Performs detailed analyses of various general ledgers accounts, Hospital operating budget, and selected cost centers, as assigned. Performs account reconciliations and reviews activity for accuracy, completeness, reasonableness, interpreting trends or deviations and making recommendations for corrective action.
• Develop workplans for financial planning projects to include objectives, timeliness, milestones and deliverables, if requested. Maintain organized and well documented project files. Participate in multi-disciplinary workgroup meetings.
• Prepares various financial transactions, reports, and analyses related to the assigned function, which may include: operating financial statement, operating budget, intercompany activity, and other sub ledger activity and schedules. Presents financial statements to the Finance Committee and other Hospital wide or departmental senior managers.
• Assists management with the development of clinical general fund and service fund budgets, if assigned. Monitors budget performance and coordinates variance reporting. Prepares appropriate budget analyses to measure performance.
• Develops and prepares a variety of ad-hoc reporting, financial models and analyses to senior management as requested or as deemed necessary.
• Researches and analyzes financial data for internal and external clients, creates, organizes, and maintains files using database and spreadsheet programs; retrieves and organizes data into required reporting formats; collects, retrieves and organizes data to identify financial discrepancies and resolve inquiries; recommends solutions and ensures that corrections or changes are implemented properly.

Knowledge, Skills, and Abilities

• Analytical skills to collect information from diverse sources, apply professional principles in performing various analyses, and summarize the information and data in order to solve problems or design relatively complex systems and programs that cross department/divisional lines.
• Ability to communicate effectively both orally and in writing and provide empathy in difficult interpersonal situations.
• Proficiency with MS Office applications, in particular Excel and Access.

Minimum Qualifications

Education:

• Bachelor's Degree in Accounting or a closely related field of study.