Senior Financial Analyst

Site: The Brigham and Women's Hospital, Inc.

 

Mass General Brigham relies on a wide range of professionals, including doctors, nurses, business people, tech experts, researchers, and systems analysts to advance our mission. As a not-for-profit, we support patient care, research, teaching, and community service, striving to provide exceptional care. We believe that high-performing teams drive groundbreaking medical discoveries and invite all applicants to join us and experience what it means to be part of Mass General Brigham.

 

The primary objective of this role is to strengthen the partnership between the AMC Psychiatry Finance Office and its various divisions and programs through proactive, consistent communication regarding financial performance.

 

Job Summary

Reporting to the AMC Psychiatry Finance Manager, the Senior Financial Analyst will be responsible for providing high-level financial support to the AMC Psychiatry Finance Office as well as all the divisions and programs within AMC Psychiatry including budgeting, financial reporting and planning, revenue operations, and general financial analysis. The Senior Financial Analyst, in conjunction with the Finance Manager and the Director of Finance and Personnel Operations, will develop and execute strategies to support and inform Divisional, Programmatic, and AMC Psychiatry leadership, maximize financial performance, and improve operating efficiencies.

 

Qualifications

This position will provide financial oversight and support for both Brigham and Women’s Hospital (BWH) and Massachusetts General Hospital (MGH) Psychiatry departments during their transition toward a unified AMC profit and loss (P&L) structure. The incumbent will play a key role in budgeting, financial analysis, and strategic planning to ensure operational and fiscal alignment across the enterprise. This goal will be achieved by the following:

Budgeting

• Support the development and consolidation of the annual department budget.
• Gather, organize, and analyze financial data to assist in budget preparation and forecasting.
• Collaborate with division leadership and administrative staff to align financial plans with operational priorities.
• Enter, maintain, and monitor budget data in institutional budgeting systems.

Financial Analysis

Accounting Monthly Close

• Complete and manage all accounting tasks as part of the monthly accounting close.
• Perform accounting activities in conjunction with BWPO/MGPO and BWH/MGH finance departments to ensure accurate monthly application of revenue and expense.

Monthly Analysis

• Review and analyze month-to-date and year-to-date results vs. budget and prior year actuals and identify the root causes and drivers of financial performance at the division, program, and/or cost center level.
• Track and process employee bonuses/incentive payments and special payments as well as journal entries upon request.
• Prepare division and program productivity dashboards submitted to Clinical leadership and Executive Management.
• Provide financial support for departmental forecasts, analyze key performance indicators, and provide input for operational decisions.
• Evaluate the relationships between hospital volume and the impact on department operations and monthly operating expenses.
• Perform other ad hoc analysis as directed by the Finance Manager, AMC Director of Finance and Personnel Operations, and/or other AMC Psychiatry leadership including departmental, divisional, and program practice financial modeling.

Miscellaneous

• Partner with the Finance Manager on strategic analyses to support high-level business decisions.
• Lead or support special projects to improve internal financial processes, systems, and decision-making tools.
• Perform additional duties and responsibilities as assigned by Finance leadership.

 

Additional Job Details (if applicable)

QUALIFICATIONS:

• Bachelor’s degree in Accounting, Finance, or related field required; advanced degree preferred.
• Minimum of 5 years of experience in a healthcare, academic medical center, or complex organizational finance environment.
• Proven track record in budgeting, forecasting, variance analysis, and financial modeling.
• Advanced proficiency in Microsoft Excel and familiarity with enterprise financial systems.
• Experience with Mass General Brigham tools (Workday, Insight, StrataJazz) strongly preferred.

SKILLS/ ABILITIES/ COMPETENCIES REQUIRED:  

• Strong analytical thinking and complex problem-solving abilities.
• Excell