Sr. Commercial Financial Analyst

Rhapsody; Boston (MA); Hybrid; USD 80,000 - 110,000; Full time

Benefits offered by this job

401k with generous company match

Innovative, inclusive, and fun work environment

Continuous learning and development opportunities

Job summary

A health care technology company in Boston seeks a Sr. Commercial Financial Analyst to drive financial planning and analysis. You will generate reports, develop financial models, and partner with teams to optimize financial performance in a hybrid work environment. Ideal candidates possess 3-5 years of experience in financial analysis and a degree in Finance or Accounting.

Qualifications

• 3-5 years of experience in GTM-facing financial analysis, FP&A, or related roles.
• SaaS/Recurring Revenue experience is required.
• Ability to communicate complex financial concepts effectively to non-finance stakeholders.

Responsibilities

• Generate monthly topline reports and presentations for senior management.
• Monitor and develop KPIs and financial metrics.
• Partner with cross-functional teams on annual planning.

Skills

Financial modeling

Analytical skills

Communication

Team collaboration

Process improvement

Education

Bachelor's degree in Finance, Accounting, or related field

Tools

Power BI

NetSuite

Job description

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About Rhapsody

We all know that our health care system is complicated. Getting data from one provider to another, or from a provider to a health insurance company, is frustrating for virtually everyone. Imagine developing solutions that help make these data transactions easier and faster. That is what we do at Rhapsody; we make interoperability platforms that allow data – such as patient encounter details, lab results, and billing information – to move seamlessly from one system to another.

While most people will not ever see our products and services during a medical encounter, our interoperability platforms are running behind the scenes. Think of them as the central nervous system helping to move data where it needs to be to improve the patient experience. To learn more about Rhapsody, visit

If using your expertise in a way that impacts our health care system, patient care, and population health sounds like something you would find rewarding, apply today!

What we have to offer you:

• 401k with a generous company match
• An innovative, inclusive, and fun work environment
• Continuous learning and development opportunities

This is a hybrid position. Must be able to commute to Boston on Tuesday and Thursday. Position Summary:

As a Sr. Commercial Financial Analyst at Rhapsody, you will play a pivotal role in driving financial planning and analysis, and serve as a trusted advisor to help guide decision-making through GTM business partner support. You will be responsible for providing insightful analysis, developing financial models, and collaborating with various stakeholders to support strategic initiatives and optimize financial performance.

Job Responsibilities:

• Generate monthly topline reports (bookings, revenue, etc) and presentations for senior management and key stakeholders including variance analysis and explanation for budget/forecast deviations related to ARR and Revenue.
• Monitor and develop key performance indicators (KPIs) and financial metrics to assess business performance against targets.
• Partner with cross-functional teams on the annual planning and rolling reforecast process, including evaluating strategic initiatives.
• Prepare comprehensive topline forecasts inclusive of ARR, bookings, churn, price increase, etc.
• Build trusted relationships with business partners to support strategic decision-making by developing and maintaining financial models to evaluate business performance and providing actionable insights and recommendations.
• Assist in preparing analysis, commentary and presentation material for the monthly and quarterly financial review meetings including BoD and external reporting.
• Continue to drive process improvement and scalability by developing repeatable business, operational and financial processes.
• Exhibit flexibility and willingness to take on new responsibilities and assignments as they are identified and to assist with various ad hoc projects as needed.
• Partner closely with Data Analytics to own customer data and key initiatives/analytics around customer data.
• Provide sales analytics related to commissions, bookings, attainment, etc and assist in monthly commissions processing and accrual.
• Help create new financial processes around pricing, renewals, etc.

Job Requirements:

• Bachelor's degree in Finance, Accounting, or related field required.
• 3-5 years of experience in GTM-facing financial analysis, FP&A, or related roles.
• SaaS/Recurring Revenue experience is required. Healthcare experience is a plus.
• Strong financial modeling and analytical skills, with a proven track record of developing and executing complex financial models.
• Ability to communicate complex financial concepts effectively to non-finance stakeholders.
• Proven track record of driving process improvements and delivering actionable insights.
• Familiarity with accounting and reporting applications and midlevel ERP systems (NetSuite)
• Demonstrated ability to manage tight deadlines and prioritize workloads with a high degree of accuracy in a fast-paced environment.
• Excellent analytical, problem-solving, and critical thinking skills.
• Team player with a collaborative mindset and ability to work effectively across functions.
• Experience with Data Analytics and Power BI is a strong plus.
• Experience with Sales Commissions is a strong plus.

Rhapsody provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.