Financial Analyst II (Remote)

Company: Partners Healthcare IHP
Location: Somerville
Posted on: June 16, 2022

Job Description:

As a not-for-profit organization, Mass General Brigham is committed to supporting patient care, research, teaching, and service to the community by leading innovation across our system. Founded by Brigham and Women's Hospital and Massachusetts General Hospital, Mass General Brigham supports a complete continuum of care including community and specialty hospitals, a managed care organization, a physician network, community health centers, home care and other health-related entities. Several of our hospitals are teaching affiliates of Harvard Medical School, and our system is a national leader in biomedical research. We're focused on a people-first culture for our system's patients and our professional family. That's why we provide our employees with more ways to achieve their potential. Mass General Brigham is committed to aligning our employees' personal aspirations with projects that match their capabilities and creating a culture that empowers our managers to become trusted mentors. We support each member of our team to own their personal development-and we recognize success at every step. Our employees use the Mass General Brigham values to govern decisions, actions and behaviors. These values guide how we get our work done: Patients, Affordability, Accountability & Service Commitment, Decisiveness, Innovation & Thoughtful Risk; and how we treat each other: Diversity & Inclusion, Integrity & Respect, Learning, Continuous Improvement & Personal Growth, Teamwork & Collaboration. GENERAL SUMMARY/ OVERVIEW STATEMENT:Reporting to the Analytics Manager of the Decision Support & Analytics team.The Financial Analyst II will work within a small team to complete the monthly costing for a designated hospital(s) within the Decision Support system and support the associated analytics.Our department is part of the Strategy arm of Mass General Brigham system and works closely with Business Planning, Market Intelligence, Finance and local hospital budget departments.Our team supports multiple projects and committees of physician and administrative leaders, charged with identifying cost and efficiency opportunities across Mass General Brigham. In addition, this department supports other Finance projects such as unit cost analysis, patient analysis and EPSI cost refinements. The Decision Support system (EPSi) is a dynamic analytic software system used for supporting decision-making at the individual hospital entities and within Mass General Brigham as a whole.Results are utilized in proposals for new programs, expansions, initiatives regarding cost containment and controls, departmental level flexible budgeting, variance analysis, and other projects.Accordingly, this position allows for exposure to both clinical and financial operations (the latter including Managerial Accounting, Payroll & General Ledger), as well as interaction with all related levels of personnel (analysts, clinicians & managers), throughout the organization.Qualifications QUALIFICATIONS: Bachelor's Degree or equivalent experience in Business Administration, Health Care Administration, Operations Research, Public Health Administration, or other related fields. Excellent verbal and written communication skills.1+ years experience in financial analysis and/or management operations/project management, preferably within a health care and or financial environmentSKILLS/ ABILITIES/ COMPETENCIES REQUIRED: Strong commitment to customer serviceAbility to work within a complex, multi-site environmentAbility to work well under pressureStrong analytic and problem-solving skillsAbility to cooperatively and effectively work with people from various organizational levels within MGB and with our entity contacts. Strong PC / Microsoft Office skills requiredAccepts responsibility for work and strives to maintain data integrityDemonstrates time management skills and the ability to manage multiple prioritiesDemonstrates technical skills and the ability to troubleshoot problemsStrong attention to detail, excellent follow-up and thoroughnessMay require travel to entities PRINCIPAL DUTIES AND RESPONSIBILITIES: Perform all duties that pertain to EPSi (decision support system) monthly processing and adhere to monthly processing deliverables by business day deadlines, this includes reconciliations to source systems and within our existing decision support system.Quarterly detailed data integrity audits of department and patient database costs, identifies issues, implement solutions, verify results within the designated time frameActs as a liaison to the entity for all decision support system related issues, data needs, and updatesPlans and facilitates monthly entity meetings.Analyzes and report on our costs to understand our cost structure and its driversWorks with teams to identify cost opportunities. Acts as a liaison, problem solver, and facilitator. Cultivates and reinforces appropriate group values, norms, and behaviors. Works with IS, Accounting and Budget office to facilitate the production and receipt of all appropriate actual and budget data feeds on a timely basis.Understand the relationships between the modules within the decision support systemUnderstand and can communicate all aspects of flexible budget reporting Update procedure documentation as needed for process improvements identifiedMonthly and Quarterly reports completed accurately and on-timeManages customer/system user requests independentlyTroubleshoot and resolve any interfacing data discrepancies that arise during processingReconcile and update clinical department cost standards, monitor data by performing multiple trend analyses, and make recommendations for solutions. Provide analytical support for special projects or data requestsDemonstrate commitment to Service ExcellencePrepare presentations and ad hoc reports for support for special projects or data requestsOther duties as assigned.EEO Statement Mass General Brigham is an Equal Opportunity Employer.By embracing diverse skills, perspectives and ideas, we choose to lead. All qualified applicants will receive consideration for employment without regard to race, color, religious creed, national origin, sex, age, gender identity, disability, sexual orientation, military service, genetic information, and/or other status protected under law. We will ensure that all individuals with a disability are provided a reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment.

Keywords: Partners Healthcare IHP, Somerville , Financial Analyst II (Remote), Accounting, Auditing , Somerville, Massachusetts