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Financial Analyst
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Full Time | Ambulatory Healthcare Services 4 Weeks Ago
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South Boston Community Health Center is Hiring a Financial Analyst Near Boston, MA

Date Posted: March 28, 2024

Job Summary

We are looking for an analytical, motivated and well-rounded individual with a healthcare finance background to join our busy Finance Department as a Financial Analyst. This person will work with the CFO, Finance team and Executive team on a variety of financial and analytical projects and ongoing processes that enable the health center to meet its numerous reporting requirements and provide key data to management for decision-making.

Qualifications

  • Bachelor’s Degree required
  • Master’s Degree preferred, preferably with a focus on finance, business and/or healthcare administration
  • Minimum 3-5 years of healthcare finance experience
  • Strong financial background
  • Strong quantitative, analytical, critical thinking and problem-solving skills.
  • Independent and self-motivated
  • Highly proficient at Microsoft Excel and able to build complex financial models
  • Strong interpersonal and communication skills and comfortable interacting with senior level management
  • Highly organized and strong project management skills
  • Able to quickly learn and leverage financial and reporting systems (e.g.. Oracle’s Netsuite Accounting system, OCHIN Electronic Health Record System, Business Objects reporting system, etc.) to extract data and prepare reports

Representative Job Duties

  • Prepares and tracks regular departmental and organizational profit and loss analyses, including working with finance team and individual department heads to build departmental budgets, analyze visit and revenue reports, and use the data as a basis for informing management decision-making.
  • Supports the Revenue Cycle, including evaluating service line reimbursement, identifying strategies to maximize third party revenue and helping to track progress against measurements of revenue cycle performance.
  • Responsible for preparing financial reports in response to outside entity and regulator requests (Cost Reports, Audit requests, Federal Grant requirements) including gathering data from Netsuite OCHIN and Business Objects.
  • Providing support and monitoring on 340B program performance.
  • Tracking and reporting on cash flow.
  • Responsible for preparing ad-hoc internal financial models and reports requested by Executive Team to support performance review and management decision-making, such as those looking at productivity, salaries, and expenses.

Apply Now

Please submit cover letter and resume to hr@sbchc.org.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Ambulatory Healthcare Services

SALARY

$87k-108k (estimate)

POST DATE

03/30/2024

EXPIRATION DATE

05/29/2024

WEBSITE

sbchc.org

HEADQUARTERS

BOSTON, MA

SIZE

50 - 100

FOUNDED

1979

CEO

WILLIAM J HALPIN JR

REVENUE

$10M - $50M

INDUSTRY

Ambulatory Healthcare Services

Show more

South Boston Community Health Center
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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.

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

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

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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.

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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.

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

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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.

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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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