Senior Financial Analyst

If you care about the opportunity to grow, to make a difference, to build a future and a life, then we just might have the career for you. Care to talk?

Bayhealth Medical Center is Central and Southern Delaware’s healthcare leader with hospitals in Dover and Milford, a s well as stand
-alone Emergency Department in Smyrna and a hybrid E mergency Department and Urgent Care in Milton . We offer various practice settings throughout Kent and Sussex Counties. Bayhealth Medical Center Kent Campus is 90 minutes from Philadelphia, Washington, DC and Baltimore . Our Sussex Campus is 30 minutes to the Delaware beaches and relaxation in the sand!

Bayhealth Medical Center offers a competitive salary and comprehensive benefits package (for eligible positions) including:

• Generous Paid Time Off and Paid Holidays
• Matching 401(k)/403(b) Plans
• Excellent Health, Dental, and Vision
• Disability and Life Insurance options
• On Site Child Care
• Educational Reimbursement
• Health Care and Dependent Care Flex Spending Accounts
• Plus, an array of Voluntary Benefits to include Critical Care Coverage and more!

Full Time 80 Hours

Days

75,233. YEARLY

Assist in preparation and review of financial feasibility and profitability studies. May be responsible for internal and external productivity benchmarking reports, preparing biweekly reports and submitting quarterly data to Senior Management. May be responsible for entering assets into fixed asset system (FAS), reconciling monthly capital costs for general ledger, producing monthly journal entries related to capital, reconciling general ledger spend to capital budget system and being lead analyst for all capital-related assets.

Lead role in preparation of annual operating and capital budgets and analyzing budget variances for all revenues and expenses.

• 1. Assist Decision Support Team in preparing financial feasibility and analyzing profitability, cost and reimbursement studies. Assist in evaluation of new services, capital purchases and new hospital ventures. Enter profit and loss information into capital budget software as needed for project scoring purposes.
• 2. Function as lead designate to develop annual operating and capital budgets of assigned entities for Board approval each year.
• 3. Prepare statistical (workload indicator) projections for new fiscal year, researching and documenting unexpected trends. Recommend projections based on analysis to include impact on FTE’s and gross revenues. Document support for projections.
• 4. Import general ledger data from ERP and build cost center budgets in budget software from templates. Review template design each year for required changes. Balance the imported data back to ERP. Export general ledger data from budget software to ERP when budget is approved by Board.
• 5. Utilize existing standards “worked hours per workload indicator” from internal productivity system and analyze changes requested from management that vary from Budget & Planning Team’s recommended budget amounts. Review justifications submitted for thorough understanding of request and make recommendations for approval or denial.
• 6. Produce productivity reports to be distributed to leadership team biweekly. This includes entering and analyzing statistical data for accuracy and making changes to productivity standards as needed. Produce quarterly productivity reports and supporting documents for presentation to senior leadership.
• 7. Enter/dispose assets in FAS, reconcile monthly capital costs (including CIP) for general ledger, produce monthly journal entries related to capital and CIP, reconcile general ledger spend to capital budget system, participate in monthly CIP meetings with Facilities’…