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Financial Analyst

Beth Israel Lahey Health - Non Executive
Charlestown, MA Full Time
POSTED ON 6/1/2024 CLOSED ON 9/26/2024

What are the responsibilities and job description for the Financial Analyst position at Beth Israel Lahey Health - Non Executive?

When you join the growing BILH team, you're not just taking a job, you’re making a difference in people’s lives.

Job Type:

Regular

Scheduled Hours:

40

Work Shift:

Day (United States of America)

Reporting to the Manager, Finance and Budgets, the Financial Analyst I support the usage and maintenance of the Syntellis budgeting system across BILH. They are integral and members of the FP&A System Services budgeting team, supporting the hospital facilities through the budget process and assisting with the analysis of performance each month compared to the budget.

Job Description:

Essential Duties & Responsibilities including but not limited to: 
1)    Assist in the annual operating and capital budgeting process, including attending meetings (if necessary), processing adjustments, reconciliations, and reporting needs
2)    Financial analysis in support of business plans and growth strategies
3)    Provide routine maintenance of the Axiom system for reporting
4)    Assist in the development of presentations, including key observations of statistical, financial, and qualitative information
5)    Assist in variance analysis for hospital facilities every month to support the month-end financial statement close process
6)    Provide routine reporting in support of financial, staffing, and statistical indicators
7)    Attend meetings as a representative of Finance as requested by operational management and as a representative for the department manager, if necessary
8)    Keep abreast of healthcare trends and market development as context for analyses
9)    Prepare ad hoc reports as needed
10)    Complete special projects as assigned accurately and timely as required
11)    In addition, this position may have ongoing or periodic duties or responsibilities in addition to those described in this position description.


Organizational Requirements:
•    Maintains strict adherence to the Beth Israel Lahey Health Confidentiality Policy.
•    Incorporates Beth Israel Lahey Health Guiding Principles, Mission Statement, and Goals into daily activities.  
•    Complies with all Beth Israel Lahey Health Policies. Complies with behavioral expectations of the department and Beth Israel Lahey Health.
•    Maintains courteous and effective interactions with colleagues and patients.
•    Demonstrates an understanding of the job description, performance expectations, and competency assessment.
•    Demonstrates a commitment toward meeting and exceeding the needs of our customers and consistently adheres to Customer Service standards
•    Participates in departmental and/or interdepartmental quality improvement activities
•    Participates in and successfully completes Mandatory Education
•    Performs all other duties as needed or directed to meet the needs of the department


Minimum Qualifications: 
Education:
•    Bachelor’s degree in Accounting, Finance, Business Administration, or equivalent education and experience


Licensure, Certification & Registration:    None


Experience:
•    1 to 3 years of progressively increasing experience in healthcare Finance.


Skills, Knowledge & Abilities:
•    Excellent analytic and verbal skills
•    Self-motivated and dynamic individual with the ability to think creatively and work independently
•    Ability to manage multiple priorities
•    Ability to summarize and present results of analyses clearly and concisely to leadership
•    Proficient with MS Office applications, particularly Excel

In the absence of any of these skills, demonstrates the ability to be thoroughly trained to meet organizational standards.


Preferred Qualifications & Skills:
•    Experience with Syntellis Axiom systems

FLSA Status:

Exempt

As a health care organization, we have a responsibility to do everything in our power to care for and protect our patients, our colleagues and our communities. Beth Israel Lahey Health requires that all staff be vaccinated against influenza (flu) and COVID-19 as a condition of employment. Learn more about this requirement.

More than 35,000 people working together. Nurses, doctors, technicians, therapists, researchers, teachers and more, making a difference in patients' lives. Your skill and compassion can make us even stronger.

Equal Opportunity Employer/Veterans/Disabled

Salary.com Estimation for Financial Analyst in Charlestown, MA
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