Manager, Financial Analysis

Applicants must be located in Maryland. Relocation assistance is not available for this position.

The Financial Analysis Manager performs a variety of complex tasks in the areas of budgeting, analyzing financial statements, developing financial models and preparing projections. Responsible for managing and coordinating the annual operating and capital budget development process and monitoring compliance throughout the year.  Helps with the monthly and year-end financial close, including assisting with the annual financial audit.   

Essential functions: 

• Develops the initial operating budget package consisting of visit and prescription projections, historical cost comparisons by GL account, and staffing schedules, and provides to BMS managers for completion.
• Works with appropriate team members to develop budget projections for statistical volumes, patient, grant, and pharmacy revenue, expenses, and non-operating revenue.
• Responsible for tracking capital requests and development of a capital budget for the Executive Team review and approval for incorporation into the budget.
• Generates month-end departmental budget reports, including trial balance, budget vs actual, and labor distribution for BMS managers to report on budget variances.
• Prepares analysis considering statistical components (hours worked, hours paid, patient days, visits per 1,000, etc.)
• Provides a summary report of significant budget variances to the CFO and Controller
• Maintains and monitors the capital budget to ensure purchases are in the timeframe budgeted and costs are in line with the amount approved in the budget.
• Reviews and reconciles general ledger accounts for month-end reports; processes general ledger entries and prepares revenue and expense accruals
• Prepares, analyzes, and distributes weekly kept clinic appointments; monthly pharmacy (site-specific) script, revenue, and expense reports; and monthly visit reports.
• Performs analysis on revenue streams, expense trends, and operational changes to project the impact on future operations.
• Performs financial analysis for new services, new sites, or ROI on projects under consideration.
• Completes special projects as assigned.