Sr. Financial Analyst, Dept of Medicine, 40 hours, Days
Job in
Bethesda, Montgomery County, Maryland, 20811, USA
Listing for:
UMass Memorial Health
Full Time
position
Listed on 2026-08-16
Job specializations:
-
Finance & Banking
Financial Analyst
Salary/Wage Range or Industry Benchmark: 53580 USD Yearly
USD
53580.00
YEAR
Job Description & How to Apply Below
Exemption Status:
Exempt
Hiring Range:
$53,580.80 - $
Please note that the final offer may vary within this range based on a candidate’s experience, skills, qualifications, and internal equity considerations
.
Schedule Details:
Monday through Friday
Scheduled
Hours:
8a-430p
Shift:
1 - Day Shift, 8 Hours (United States of America)
Hours:
40
Cost Center:
34000 - 2800 Medicine Administration
This position may have a signing bonus available a member of the Recruitment Team will confirm eligibility during the interview process.
Everyone Is a CaregiverAt UMass Memorial Health, everyone is a caregiver – regardless of their title or responsibilities. Exceptional patient care, academic excellence and leading-edge research make UMass Memorial the premier health system of Central Massachusetts, and a place where we can help you build the career you deserve. We are more than 20,000 employees, working together as one health system in a relentless pursuit of healing for our patients, community and each other.
And everyone, in their own unique way, plays an important part, every day.
Collects and prepares financial/statistical data related to operating and capital budgets and financial reporting processes. Analyzes financial and statistical data (and other information as required) in support of creating the annual operating and capital plans and budgets, and then tracking performance against these targets. Focus on rolling quarterly forecasts and the use of metrics to evaluate financial performance, and working with a team.
Works collaboratively with operating vice presidents, department managers and administrators as needed across the UMass Memorial Health Care (UMMHC) system to understand financial targets and results and provide related support. Gathers and prepares information that is formatted and structured, so it can easily be analyzed for accuracy and achievement of budget targets.
I. Major Responsibilities:
Supports and works with customers, Managers, Vice Presidents and Administrators through a process of proactively understanding customer needs. Resolves inquiries and provides training in use and navigation of multiple financial systems and reports.Develops a strong working knowledge of the forecasting/budgeting financial software and obtains efficient navigation capabilities. May assist with system quality assurance, testing and/or maintenance.Performs ad hoc and routine variance analysis and/or audits. Works collaboratively to develop and implement corrective actions to meet financial targets.Obtains data from the financial systems as needed. Designs, prepares and reviews various scheduled and ad hoc reports for presentation, distribution and/or ongoing financial data evaluation.Performs other duties as required including, but not limited to, identification of forecasting assumptions, preparation of an annual operating plan, and reconciliations of data from multiple financial systems.Participates in committees and work teams for various projects related to the budget process. May assist management in feasibility evaluation studies, market analysis and business plans.Trains and mentors Financial Analysts.May manage external contracts and revenues, which may include but is not limited to contract analysis, income review, funding, grant monies, cash collection, and invoicing.May processes DEFAs and change forms and resolve discrepancies with the Medical Group and Medical School payroll departments. May coordinate services and additional compensation for moonlighting, sign-on bonuses, and medical school related reimbursements. May oversee departmental purchasing and payables documents.All responsibilities are essential job functions.
II. Position
Qualifications:License/Certification/
Education:Required:
Bachelor’s Degree with a major or concentration in Health Care Administration, Math, Data Science, Economics, Finance, Accounting or related field.
Preferred:MBA in Finance.Experience/
Skills:Required:
Minimum of 2 years of directly relevant work experience in finance.Must possess a fundamental understanding of financial management concepts and be able to assist in the development of financial plans.Familiarity with accounting principles and financial statements.Demonstrated experience utilizing Microsoft Office Suite programs (e.g. Excel, PowerPoint, Word, Access, Project) with expertise in modeling in Excel.Exhibit excellent analytical and interpersonal skills and the ability to develop and present creative approaches and solutions to strategic business issues.Strong organizational and communication skills, the ability to work with non-financial managers, and the ability to manage multiple projects.
Preferred:Knowledge of discounted cash flowsFamiliarity with hospital/healthcare delivery systems, financial forecasting and budgeting.A comprehensive working knowledge of computer-based financial/forecasting/budgeting techniques strongly preferred.Unless certification, licensure or registration is required, an equivalent combination of…
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