Corporate Finance Financial Analyst

Boston Medical Center - Boston, MA

Full-time - Entry Level

Boston, MA

Hospitals

About the position

The Corporate Finance Financial Analyst plays a crucial role in maximizing the financial resources of the organization by conducting insightful financial analysis. Reporting to the Senior Director of Corporate Finance, this position collaborates with various financial leaders and operational teams to provide strategic guidance on financial management, reporting, budgeting, and forecasting. The analyst is responsible for compiling financial results, performing variance analysis, and supporting the financial oversight of corporate shared services, thereby contributing to the organization's overall financial health and operational efficiency.

Responsibilities

• Coordinate the regular compilation and reporting of system financial results for leadership, Finance Committee, and Board(s).
• Provide variance analysis monthly to support the month-end financial statement close process.
• Financial oversight and management of corporate shared services.
• Collaborate with finance teams to streamline intercompany processes and ensure proper accounting of intercompany transactions.
• Work with Operations leaders to prepare annual budgets and track performance by cost center and business unit.
• Support regular and periodic rating agency reviews, disclosures, and bond covenant reporting.
• Support system-wide financial reporting and disclosures for regulatory purposes as directed.
• Work closely with entity finance teams on changes or upgrades to financial planning systems.
• Support training of managers unfamiliar with financial reporting systems.
• Develop, analyze, and prepare a variety of regular and ad hoc reports; project work driven by management inquiries and initiative.
• Provide day-to-day financial management and support to corporate functions.
• Represent Finance on appropriate committees and forums.
• Oversee special projects and other duties as assigned.

Requirements

• Bachelor's degree in Finance, Accounting, or Economics required.
• A minimum of 1-2 years of finance experience within healthcare provider organizations.
• Proficiency in written communication and delivering presentations.
• Proficiency in Microsoft Office suite (Excel, Word, Access, Outlook) required, with advanced Excel skills and experience in building financial models.
• Experience with Lawson (Infor) and Strata systems preferred.

Nice-to-haves

• Certified Healthcare Financial Professional (CHFP) through the Healthcare Financial Management Association (HFMA) is a plus.