Senior Budget Analyst - Hybrid Model

Tufts Medicine - Tyngsborough, MA

Full-time - Senior

Hybrid - Tyngsborough, MA

Ambulatory Health Care Services

About the position

This senior-level position focuses on managing financial activities within a healthcare organization, including accounting, financial analysis, budgeting, and compliance with regulatory standards. The role involves overseeing the preparation of budgets, analyzing operational data, and collaborating with various departments to ensure effective financial management. The individual will also mentor lower-level professionals and may direct their work, while spending a significant amount of time on process design and implementation.

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 to develop organizational and department-level budgets using Dynamic Planning platform.
• 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 reviews reports created by budget analysts.
• Oversees and trains less experienced staff in budget/planning functions and special projects.
• Educates department directors on the use of dynamic planning and variance analysis tools.
• Works with Finance leads to identify causes impacting operating results.
• Consolidates the organization's budgets for review with senior leadership.
• 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 the hospitals.
• Prepares 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.
• Strong analytical and communication skills.

Benefits

• Equal opportunity employer
• Diversity and inclusion initiatives
• Reasonable accommodations for individuals with disabilities