Financial Analyst

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Health and Hospital Corporation is an organization that celebrates diversity, and seeks to employ a diverse workforce. We actively encourage all individuals to apply for employment and to seek advancement opportunities. Health and Hospital Corporation also provides reasonable accommodations to qualified individuals with disabilities as required by law. For additional questions please contact us at: hrmail.

The Financial Analyst is responsible for compiling, analyzing, and reporting financial and statistical data across Health & Hospital’s governmental and enterprise funds. In this role, you will develop and maintain financial models, create pro-forma statements, and collaborate with various departments and divisions within the organization to ensure completeness and data accuracy. This position also plays a key role in developing annual budgets, conducting monthly financial and operational reviews, and informing strategic decision-making through data-driven insights.

Day in the Life:
You will spend much of your day reviewing and analyzing monthly governmental and enterprise fund financials, collecting and validating large datasets, and preparing financial and statistical forecasts to support operational and strategic decisions. You will also support budgeting processes that are presented to the HHC Board of Trustees, Indianapolis City County Council, and Indiana Department of Local Government Finance for approval, converting statutory requirements into operational budgets.

Beyond routine reporting, you may tackle special projects such as labor & benefits analyses, service line analyses, service line expansion, capex planning and ROI analyses.

Financial Analysis & Reporting (60%)

• Review, analyze, and monitor the monthly financial performance of governmental and enterprise funds, identifying significant trends, variances to budget and prior year, risks, and opportunities.
• Analyze healthcare financial data and key performance indicators, including service volumes, reimbursement trends, payer mix, labor costs, supply costs, and departmental performance.
• Combine complex data sets in a format that is easily understandable for both Senior level leadership and stakeholders with non-financial backgrounds.
• Collaborate with accounting and other departments/divisions to ensure accurate data collection and reconciliation for monthly reporting.

Budgeting & Planning (30%)

• Assist with the implementation, configuration, and ongoing maintenance of budgeting and financial planning software, ensuring accurate data, effective system functionality, and alignment with organizational budgeting processes.
• Support the annual operating and capital budgeting processes, including developing and refining budget assumptions.
• Assist in preparing the statutory budget that must be submitted for HHC Board of Trustees, Indianapolis City County Council, and Indiana Department of Local Government Finance approval, transitioning finalized allocations into a working operational budget.

Process Improvement & Special Projects (10%)

• Review financial and operational processes and explore ways in which we can become more efficient.
• Complete special projects and other financial analyses as assigned by the Director of Decision Support and Strategy, providing timely, accurate, and actionable results to support organizational priorities and decision making.

• Coordinate with the Decision Support department and other stakeholders to ensure consistent data quality and reporting standards.
• Contribute to internal and external benchmarking efforts by gathering, cleaning, and analyzing relevant datasets.
• Provide support for ad hoc requests, financial presentations, and…