Sr. Business Development Associate

Johns Hopkins Medicine; Baltimore (MD); On-site; USD 68,000 - 107,000; Full time

Job summary

Johns Hopkins Medicine is seeking a Senior Associate to lead business development and project management by coordinating with teams across JHM, public and private sector partners. You will perform broad financial analyses, develop reports for frontline executives, and consolidate projections for short-term and long-term plans.

Responsibilities include building financial models, performing cost/benefit analyses, and presenting findings with recommendations.

Qualifications

• Bachelor’s degree in Business Administration, Health Administration, Public Health, Finance, Basic Sciences, or related field required.
• Master’s degree in Business Administration, Health Administration, Public Health, Finance, Basic Sciences, or related field preferred.
• Five years of experience with complex financial and data analysis, business operations, consulting, education, health sector, program development, and/or project management in the health or life sciences sector.

Responsibilities

• Work on business and financial analysis projects that support clinical program and business development, strategic capital investment, performance assessments, and other business-oriented initiatives and transactions.
• Analyze and synthesize information and data from various sources such as financial statements, budgets, operational reports, metrics, claims reports, revenue cycle reports, costing reports, and annual reports. This will include developing business plans and financial statements, performing cost/benefit analysis, reconciliations, new venture evaluations, pricing strategy analysis, financial performance improvement analysis, and break-even analysis through financial modeling and other analytical tools.
• Draft financial and data analysis reports, memorandums, and business plans to present to management. Create and maintain departmental and system-wide financial models, data reports, and presentations.
• Conduct research to verify and benchmark assumptions and projections when building financial models and analyzing data. Highlight key decisions, risks, and considerations for JHM when determining whether to proceed with an initiative.
• Work in matrixed project teams to conduct enterprise-wide or service-line financial, operational, market, and partnership (internal or external) structure due diligence on current and future clinical programs and business development.
• Strong oral and written communication and presentation skills that demonstrate strong critical reasoning, stakeholder management, and influencing ability.
• Comfortable working independently and with multidisciplinary and cross-functional teams. Develop relationships and support a team-oriented culture by demonstrating a strong work ethic, helping to inspire and motivate others, and working inclusively with and through others across the organization.
• Support administrative operations for the team and department, including portfolio tracking, team resource allocation, recruiting and team development, budgeting, and other related responsibilities.
• Support project team leadership on the development, standardization, and utilization of integrated financial analytics in collaboration with other finance, technical, administrative, and clinical teams.

Education

Bachelor’s degree in Business Administration, Health Administration, Public Health, Finance, Basic Sciences, and/or related field

Master’s degree in Business Administration, Health Administration, Public Health, Finance, Basic Sciences, and/or related field

Job description

The Senior Associate will work as part of a team to lead business development and project management activities by coordinating with individuals across JHM, public and private sector companies, including providers, technology companies, large employers, or other potential strategic partners. The Senior Associate will perform a broad range of project management, research, planning, and analysis that drives growth and development. Works on the production and development of detailed reports and presentations for review by all levels of the organization (especially frontline executives and leaders). Consolidates a wide range of operating and financial projections for the development of short-term and long-term business plans. Monitors actual results of financial data against plans, forecasts, and budgets, determines trends, and explains financial results with a strong focus on translating analysis into recommendations.

Education & Experience

• Bachelor’s degree in Business Administration, Health Administration, Public Health, Finance, Basic Sciences, and/or related field required.
• Master’s degree in Business Administration, Health Administration, Public Health, Finance, Basic Sciences, and/or related field preferred.
• Five years of experience with complex financial and data analysis, business operations, consulting, education, health sector, program development, and/or project management in the health or life sciences sector.

Essential Functions

• Work on business and financial analysis projects that support clinical program and business development, strategic capital investment, performance assessments, and other business-oriented initiatives and transactions.
• Analyze and synthesize information and data from various sources such as financial statements, budgets, operational reports, metrics, claims reports, revenue cycle reports, costing reports, and annual reports. This will include developing business plans and financial statements, performing cost/benefit analysis, reconciliations, new venture evaluations, pricing strategy analysis, financial performance improvement analysis, and break-even analysis through financial modeling and other analytical tools.
• Draft financial and data analysis reports, memorandums, and business plans to present to management. Create and maintain departmental and system-wide financial models, data reports, and presentations.
• Conduct research to verify and benchmark assumptions and projections when building financial models and analyzing data. Highlight key decisions, risks, and considerations for JHM when determining whether to proceed with an initiative.
• Work in matrixed project teams to conduct enterprise-wide or service-line financial, operational, market, and partnership (internal or external) structure due diligence on current and future clinical programs and business development.
• Strong oral and written communication and presentation skills that demonstrate strong critical reasoning, stakeholder management, and influencing ability.
• Comfortable working independently and with multidisciplinary and cross-functional teams. Develop relationships and support a team-oriented culture by demonstrating a strong work ethic, helping to inspire and motivate others, and working inclusively with and through others across the organization.
• Support administrative operations for the team and department, including portfolio tracking, team resource allocation, recruiting and team development, budgeting, and other related responsibilities.
• Support project team leadership on the development, standardization, and utilization of integrated financial analytics in collaboration with other finance, technical, administrative, and clinical teams.

Salary Range:

$49.01/hour -$78.43/hour. Compensation will be commensurate with equity and experience for roles of similar scope and responsibility.I

We are committed to creating a welcoming and inclusive environment, where we embrace and celebrate our differences, where all employees feel valued, contribute to our mission of serving the community, and engage in equitable healthcare delivery and workforce practices.

Johns Hopkins Health System and its affiliates are an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity and expression, age, national origin, mental or physical disability, genetic information, veteran status, or any other status protected by federal, state, or local law.

Johns Hopkins Health System and its affiliates are drug-free workplace employers.