Financial Planning & Analysis Analyst Lead

Leads the annual budgeting cycle, ensures compliance with financial regulations, and identifies opportunities for cost optimization. Collaborates with various departments to gather financial data, monitors performance, and provides actionable insights to support strategic decision-making. Serves as a subject matter expect and mentors and advises team members.

Essential Functions:

• The position requires strong knowledge of health insurance financials, including P&L ownership, budget and forecasting, IBNR reserve model setting, and support of month end close activities.
• Advanced Microsoft Excel skills, and proficiency in SQL databased and Business Intelligence tools (ie PowerBI, Tableau)
• Solid understanding of drivers for medical cost trend, including utilization/unit cost metrics, and ability to provide insights on drivers and actionable items.

• Analyze and reconcile revenue, including capitation and member premiums.
• Create financial trend files, review and explain budget variances, and generate P&L and other financial reports

Qualifications:

• Bachelor's Degree in finance or accounting
• 5 years of experience in financial planning or budgeting
• Navigate rapidly changing situations, from evolving patient needs to technological advancements, by remaining flexible, continuously learning, embracing new challenges, and quickly recovering from setbacks.
• Excellent written and verbal communication skills with an emphasis on confidentiality, tact, and diplomacy.
• Work assignments involve complex to highly complex issues.
• Strong attention to detail and self-directed to consistently ensure data integrity and accuracy.
• Coordinates the work of others; may serve as a project manager on large business or technology project(s) across other disciplines.
• Work seamlessly within diverse teams, bringing together professionals from various disciplines to provide patient-centered care and achieve collective goals.
• Acts as a resource for colleagues with compliance-related questions.
• Takes a more proactive role in implementing compliance programs within their domain and ensures alignment with relevant laws and regulations.
• Makes decisions that are guided by precedents, policies, and objectives; regularly makes decisions and recommendations on issues affecting a department or functional area and on complex to highly complex issues.
• Works with management to support the development of department strategy and operational objectives.
• Addresses problems that are highly varied, complex, and often non-recurring, requiring staff input, innovative, creative, and diagnostic techniques to resolve issues.
• Applies extensive in-depth and/or broad knowledge, skills, and practices to perform a variety of complex assignments in Financial Planning & Budgeting.
• Works on complex matters and assignments of large scope, impact, and importance, where business acumen, leadership, and/or ingenuity are required.
• Proactively identifies areas for budget improvement and suggests solutions.
• Advanced proficiency and experience using Microsoft Office Package (Excel, PowerPoint, Word, Outlook).

Salary Range: Minimum 44.81/hour - Maximum 71.70/hour. Compensation will be commensurate with equity and experience for roles of similar scope and responsibility. In cases where the range is displayed as a $0 amount, salary discussions will occur during candidate screening calls, before any subsequent compensation discussion is held between the candidate and any hiring authority.

The Hospital reserves the right to modify employee schedules as needed.

We are committed to creating a welcoming and inclusive environment, where we embrace and celebrate our differences, where all employees feel valued, contribute to our mission of serving the community, and engage in equitable healthcare delivery and workforce practices.

Johns Hopkins Health System and its affiliates are drug-free workplace employers.