About the job
Position Summary
The Corporate Finance Financial Analyst, under the guidance of the Senior Director of Corporate Finance, is mainly responsible for conducting insightful financial analysis. This analysis helps the System maximize its financial resources and reach its organizational goals. Working closely with the Senior Director of Corporate Finance, entity operation and financial leadership, and other corporate shared service leaders, the Corporate Finance Financial Analyst will offer strategic and operational guidance on the system’s financial management, reporting, budgeting, and forecasting.
The Corporate Finance Financial Analyst will report to the Senior Director of Corporate Finance and work within a team that provides value-added, customer-oriented services to support Leadership, Management, and Operations across the System. The role involves analyzing metrics and reports to make informed decisions with financial implications. The Corporate Finance Financial Analyst needs to build and strengthen partnerships with financial leaders across the System. The position requires the ability to facilitate discussions with leaders at different levels of the organization and promote the delivery of top-notch financial services.
Position: Corporate Finance Financial Analyst
Department: BMCHS Corp. Finance
Schedule: Full Time
Essential Responsibilities / Duties
- Coordinate the regular compilation and reporting of system financial results for System leadership, Finance Committee, and Board(s). This includes assimilating Accounting and Treasury shared services for income statements, balance sheet, and cash flow reporting.
- Provide variance analysis monthly to support the month-end financial statement close process
- Financial oversight and management of corporate shared services.
- Collaborate with the BUMG and Community Hospitals finance teams to streamline intercompany processes and ensure proper accounting of intercompany transactions.
- Work with Operations leaders to prepare annual budgets and track performance by cost center and business unit.
- Support regular and periodic rating agency reviews, disclosures, and bond covenant reporting
- Support any system-wide financial reporting and disclosures for regulatory or other purposes as directed
- Work closely with entity finance teams on any changes or upgrades to financial planning systems. Attend user conferences and keep abreast of new tools and best practices that may help move the organization’s planning process forward.
- Supports training of managers unfamiliar with financial reporting systems
- Develop, analyze, and prepare a variety of regular and ad hoc reports; project work driven by management inquiries and initiative.
- Provide day-to-day financial management and support to corporate functions
- Represent Finance on appropriate committees and forums
- Oversee special projects and other duties as assigned and be able to serve as a proxy to the Senior Director of Corporate Finance
(The above statements in this job description are intended to depict the general nature and level of work assigned to the employee(s) in this job. The above is not intended to represent an exhaustive list of accountable duties and responsibilities required).
Education
JOB REQUIREMENTS
- Bachelor’s degree required (Major in Finance, Accounting, Economics)
Certificates, Licenses, Registrations Required
- None required
- Certified Healthcare Financial Professional (CHFP) through the Healthcare Financial Management Association (HFMA) a plus
Experience
- A minimum of 1-2 years of finance experience within healthcare provider organizations
- Proficiency in written communication and delivering presentations
- Proficiency in Microsoft Office suite (Excel, Word, Access, Outlook) required with Advanced Excel and presentation-building skills and experience in building financial models and clear, concise presentation materials
- Experience with the following systems preferred:
- Lawson (Infor)
- Strata
KNOWLEDGE, SKILLS & ABILITIES (KSAs)
- Ability to work effectively as a team member. Proven track record in cultivating and developing team members and future leaders.
- Customer Focus: Builds strong customer relationships and delivers customer-centric solutions
- Values Differences: Recognizes the value that different perspectives and cultures bring to an organization
- Builds Effective Teams: Builds cohesive teams that apply their diverse skills and perspectives to achieve common goals.
- Cultivates Innovation: Creates new and better ways for the organization to be successful.
- Collaborates: Builds partnerships and works collaboratively with others to meet shared objectives.
- Must be able to demonstrate effective written and verbal communication skills, as well as training and facilitation skills
- Ability to present to multiple levels of staff, from Executive to staff (both clinical and non-clinical)
- Demonstrated ability to provide superior customer service
- A strong sense of honesty and integrity is required
- Strong interpersonal skills required; ability to listen effectively with discernment and understanding required
- Ability to manage multiple initiatives, identify and prioritize issues to meet aggressive deadlines and organizational goals
- High degree of accountability
- Intellectual curiosity to move beyond the first question and foster deeper understanding
- Willingness to accept new responsibilities as needed to support the organization
- Ability to work under pressure in a fast-paced environment
Other Skills And Qualifications Required Are As Follows
- Must have superior communication skills and the ability to coach and develop a diverse team.
- Proven time-management abilities, multitasking with effective priority definition, and demonstrated flexibility with a focus on meeting deadlines.
- Demonstrated ability to own processes, identify issues and opportunities for improvement, and implement such improvements.
- Understanding of financial and accounting metrics and reporting as it relates to managing a complex business and informing decision making
- Utilize BMCHS values as the basis for decision making
- Follows established hospital infection control and safety procedures as applicable to the job