Senior Budget Analyst - Hybrid Model

Tufts Medicine - Tyngsborough, MA

Full-time - Mid Level

Hybrid - Tyngsborough, MA

Ambulatory Health Care Services

About the position

The Senior Budget Analyst role is a professional individual contributor position focused on managing financial activities within a healthcare organization. This includes accounting, financial analysis, budgeting, and ensuring compliance with regulatory standards. The analyst will oversee the design and implementation of financial processes and programs, manage spending, and develop budget recommendations while collaborating with various departments. This senior-level position requires advanced knowledge and experience in finance and budgeting, particularly in a complex healthcare environment.

Responsibilities

• Assists with preparation of annual operating budgets and capital budgets for all business units.
• Translates developing processes and software/system rollouts into recommended actionable plans.
• Collaborates with leaders and key stakeholders to develop organizational and department-level budgets and rolling forecasts.
• Reviews reports and proposals for accuracy and compliance within budget standards.
• Assists in the preparation of the annual capital budget process.
• Works closely with Senior Management and department leaders to support the capital budget and cash flow impact.
• Vets budget requests throughout the organization for merit and authenticity.
• Monitors spending to keep the organization within its determined budget.
• Prepares financial reports and utilizes data to estimate future financial needs and make recommendations.
• Oversees and trains less experienced staff in budget/planning functions and special projects.
• Educates department directors and senior leaders on dynamic planning and variance analysis tools.
• Works with Finance leads to identify causes and report potential impacts on operating results.
• Consolidates the organization's budgets for review with senior leadership as needed.
• Defends budget recommendations with data and evidence-based analyses.
• Cultivates and maintains productive working relationships with internal and external customers.
• Prepares various financial analyses for Financial Leadership Team in preparation for committee and board meetings.
• Assists with preparing monthly accounting and productivity monitoring for hospitals.
• Assists with preparing required filings of third-party cost reports and regulatory agency reports.
• Responds to ad hoc financial analyses and special projects as required.
• Maintains budget and forecasting tools as needed.

Requirements

• Bachelor's degree in Accounting, Finance, or a related financial field.
• Five (5) years of finance and budget experience in a complex, matrixed healthcare organization.

Nice-to-haves

• Proven track record of working with key stakeholders to determine and track budgets.
• Analytical skills for analyzing and reconciling accounts.
• Effective organizational and interpersonal skills.
• Ability to manage multiple tasks and delivery dates.
• Ability to communicate effectively and deal constructively with staff and department managers.
• Strong teamwork experience.
• Ability to work in a complex, fluid environment and independently.

Benefits

• Health insurance
• Dental insurance
• 401k plan
• Paid holidays
• Flexible scheduling
• Professional development opportunities