Financial Analyst Sr

TMC Health Care
TMC Health Care is Southern Arizona's regional nonprofit hospital system with Tucson Medical Center at its core. Each day staff comes to work to use their skills and expertise to improve the health of the entire community, from birth to the end of life.

The Financial Analyst Senior plays a pivotal role in advancing the financial strength and strategic priorities of the hospital and health system. This position delivers sophisticated financial modeling, budgeting, forecasting, and analysis that informs high-impact decisions across clinical and administrative departments. The analyst leads core financial functions—spanning financial and management reporting, cost accounting, operating and capital budgeting, business plan development, contracting, and reimbursement analysis—while also supporting financial systems design and optimization.

By integrating research, operational insight, and deep systems knowledge, the analyst defines system requirements, drives consistency in financial processes, promotes cost-effective practices, and provides strategic consultation to enhance business operations and system performance.

ESSENTIAL FUNCTIONS:

• Strategic Financial Planning, Modeling & Decision Support
• Leads complex financial modeling, strategic planning, and advanced analysis to support organizational decision-making.
• Develops operating and capital budgets using historical performance, revenue and expense projections, and operational inputs.
• Interprets financial and operational results, identifies trends, and recommends actions to improve cost efficiency, profitability, and overall financial performance.
• Evaluates and prepares business cases for new programs, services, and capital investments.
• Supports payer contract modeling and reimbursement analysis.
• Prepares cost data analysis, monthly management financial statements, statistical reports, and other key fiscal deliverables.
• Financial Reporting, Forecasting & Performance Management
• Leads the annual budgeting and quarterly forecasting processes in collaboration with department leaders.
• Prepares monthly and quarterly financial reports, including variance analysis, narratives, and KPI dashboards.
• Analyzes monthly revenue and expense reports and prepares budget vs. actual variance statements.
• Provides actionable insights and financial recommendations to senior leadership.
• Meets regularly with operational leaders to review financial performance and provide consultative support.
• Ensures accuracy, consistency, and compliance with internal controls, organizational policies, and regulatory requirements.
• Cost Accounting, Productivity & Operational Support
• Supports cost accounting and productivity analysis for clinical departments.
• Serves as a financial consultant on operating procedures, department needs, business operations, and system utilization.
• Advises on opportunities for cost reduction, margin improvement, operational efficiency, and strategic resource deployment.
• Financial Systems Leadership, Data Integrity & Process Improvement
• Maintains and directs the financial planning and reporting systems, ensuring functionality, data integrity, and alignment with GL detail.
• Implements financial system upgrades, enhancements, and conversions in partnership with Information Services (IS).
• Creates and maintains systems for tracking volume statistics, payroll data, and other metrics used in reporting and analysis.
• Develops and enhances methods, procedures, and tools for budgeting, forecasting, reporting, and financial system maintenance.
• Analyzes workflow or system problems and determines the most efficient and cost-effective solutions.
• Designs, implements, and updates test plans for financial system changes, including unit testing and system testing.
• Leads or contributes to initiatives that streamline reporting processes, automate analytics, and improve financial data quality.
• Mentor's financial analysts and supports continuous improvement across financial processes and tools.
• Collaborates with finance team members on cross-functional projects and strategic initiatives.
• Conducts or assists with educational sessions on financial processes, systems, and analysis for leaders and staff.
• Professional Standards, Values & Other Responsibilities
• Exhibits excellence in customer service and professional interactions with all staff, visitors, and stakeholders.
• Demonstrates and supports TMCH values of integrity, community, compassion, and dedication.
• Adheres to all safety, confidentiality, and organizational policy…