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Financial Analyst
$83k-102k (estimate)
Full Time | Business Services 1 Month Ago
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Commonwealth Care Alliance is Hiring a Financial Analyst Near Boston, MA

Why This Role is Important to Us:

Reporting to the Manager of Financial Planning and Analysis, the Senior Budget Analyst is a key member of the finance team. Gathers, compiles, organizes and documents financial information. Researches background informational material and relevant financial data. Analyzes, consolidates and interprets the data. Performs a variety of ad hoc data and financial analysis requests on behalf of the stakeholders, central departments or management. Works under supervision on routine but productive assignments.

What You'll Be Doing:

  • Supports on-going analyses of financial results and budgetary data, through forecasting and trending.
  • Identifies key issues and trends and brings them to the attention of management.
  • Builds financial models to support operational initiatives and analytical endeavors and enable decision-making on business and strategic matters.
  • Monitors, analyzes and evaluates complex data using system tools to identify variances, problems and trends. Researches and resolves data integrity issues. Works independently or with other departments to solve problems.
  • Assists in the development and monitoring of annual and multi-year budgets, projections, forecasts and trends.
  • Acts as a resource to staff in other departments, providing information and explanations related to financial data as needed. Works directly with the department managers to review financial results on a monthly/quarterly basis. Provides necessary insight into variances to budget as needed. Engages the department leaders in the reforecast process.
  • Generates and distributes regularly scheduled financial reports. Reviews and organizes financial and operational data for reports.
  • Performs other duties as needed.

What We're Looking For:

  • Bachelor's degree.
  • Minimum 3 years' experience in the area of financial or data analysis.
  • Must have financial statement analysis & budget vs. actual reporting/analysis experience
  • Understanding and working knowledge of accounting and finance theories, practices, and regulations.
  • Experience in modeling and forecasting.
  • Experience in healthcare finance desirable.
  • Detail oriented with strong technical writing, communication and presentation skills.
  • Excellent organizational skills.
  • Must have strong computer skills, including Microsoft Excel.
  • SQL/Access a plus.
Budgeting software experience preferred
Commonwealth Care Alliance is an equal opportunity employer. Applicants are considered for positions without regard to veteran status, uniformed service member status, race, color, religion, sex, national origin, age, physical or mental disability, genetic information or any other category protected by applicable federal, state or local laws.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Business Services

SALARY

$83k-102k (estimate)

POST DATE

03/09/2024

EXPIRATION DATE

05/27/2024

WEBSITE

commonwealthcarealliance.org

HEADQUARTERS

BRIGHTON, MA

SIZE

100 - 200

FOUNDED

2003

TYPE

Private

REVENUE

$1B - $3B

INDUSTRY

Business Services

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The job skills required for Financial Analyst include Analysis, Financial Analysis, Budgeting, Presentation, Insight, Initiative, etc. Having related job skills and expertise will give you an advantage when applying to be a Financial Analyst. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Financial Analyst. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Financial Analyst positions, which can be used as a reference in future career path planning. As a Financial Analyst, it can be promoted into senior positions as a Financial Analyst III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Financial Analyst. You can explore the career advancement for a Financial Analyst below and select your interested title to get hiring information.

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If you are interested in becoming a Financial Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Financial Analyst for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Financial Analyst job description and responsibilities

Broadly speaking, a financial analyst works with financial data to help organizations make business decisions.

02/23/2022: Mcallen, TX

Build financial models to perform financial forecasts, predict business scenarios, and provide other data analysis to help make business decisions.

02/10/2022: Newark, NJ

Every financial analyst’s job will hold different responsibilities depending on their specialty and where they work.

12/27/2021: Dallas, TX

They often develop and execute complex methodologies that enable them to generate useful pointers from the financial data and problem statements that their clients provide.

12/11/2021: Manchester, NH

Financial analysts who have little to no professional experience are responsible for gathering data, financial modeling and creating or maintaining spreadsheets.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Financial Analyst jobs

To become a senior or junior level financial analyst, one may be required to earn a Master’s of Business Administration.

12/07/2021: Baltimore, MD

Obtaining a finance degree (bachelor’s or MBA) and working towards becoming a financial analyst requires the development of skills, expertise, and specific abilities.

03/03/2022: Omaha, NE

To be a financial analyst, one should be good with numbers, comfortable presenting research, analytical, and have great ability to research large amounts of data and pay attention to small details.

12/27/2021: Youngstown, OH

Earning a finance degree and taking the steps to become a financial analyst requires specific abilities and the development of specialized skills.

12/11/2021: Burlington, VT

With relevant work experience and appropriate training, finance students can become equipped to pursue the path of becoming a financial analyst.

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Step 3: View the best colleges and universities for Financial Analyst.

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