Budget Analyst

Job description

When you join the growing BILH team, you're not just taking a job, you’re making a difference in people’s lives. The Budget Analyst position is responsible for the full range of budget functions, including budget preparation, variance analysis, and various analytics. There is a wide breadth of data needs that are supported by this position which requires the ability to multi-task, prioritize, and work with others to complete assignments. Job Description: Essential Duties & Responsibilities including but not limited to: 1. Responsible for the development, review, and tracking of the annual operating and capital budgets including collection of financial information, validating integrity of data, creating supporting analysis, maintaining budgets within Axiom, processing adjustments, reconciliations and reporting, and attending meetings with leadership (if necessary). 2. Assist in preparation of monthly financial reporting package. Utilizing strong knowledge of all aspects of the data that goes into the month end report, reviews for accuracy, analyzes data, comparing to prior reports and assessing for accuracy. Prepares draft commentary and identifies potential trends/issues to be highlighted and addressed. 3. Analyze financial data and create financial models. Utilizing knowledge of Excel, Workday & Axiom, analyze RVUs for revenue optimization, identify trends & evaluate financial performance by comparing actual to forecasted results, identify and recommend actions in areas for process improvement 4. Consistently meet deliverable deadlines 5. Solid team player and comfortable dealing with confidential information 6. Cross-train functions with Senior Financial Analyst as necessary to provide coverage 7. Other duties and projects as requested by Finance Directors and departmental managers. Competencies: Decision Making: Ability to make decisions that are guided by precedents, policies, and objectives. Regularly makes decisions and recommendations on issues affecting a department or functional area. Problem Solving: Ability to address problems that are highly varied, complex, and often non-recurring, requiring staff input, innovative, creative, and Lean diagnostic techniques to resolve issues. Independence of Action: Ability to set goals and determines how to accomplish defined results with some guidelines. The Manager/Director provides broad guidance and overall direction. Written Communications: Ability to summarize and communicate in English moderately complex information in varied written formats to internal and external customers. Oral Communications: Ability to comprehend and communicate complex verbal information in English to medical center staff, patients, families, and external customers. Knowledge: Ability to demonstrate in-depth knowledge of concepts, practices, and policies with the ability to use them in complex varied situations. Team Work : Ability to act as a team leader for small projects or work groups, creating a collaborative and respectful team environment and improving workflows. Results may impact the operations of one or more departments. Customer Service: Ability to provide a high level of customer service and staff training to meet customer service standards and expectations for the assigned unit(s). Resolves service issues in the assigned unit(s) in a timely and respectful manner. Minimum Qualifications: Education: Bachelor’s degree in Business/Finance/Accounting required. Licensure, Certification & Registration: N/A Experience: 1-3 years of related work experience required. Skills, Knowledge & Abilities: Well-developed organizational skills, including the ability to manage multiple tasks and functions effectively and calmly in a deadline-oriented environment. Advanced skills with Microsoft applications which may include Outlook, Word, Excel, PowerPoint or Access, and other web-based applications. May produce complex documents, perform analysis, and maintain databases. Key Business Relationships: 1 Director FP&A 2 Senior Budget Analyst 3 Departmental Directors/Managers Pay Range: $68,640.00 USD - $114,712.00 USD The pay range listed for this position is the annual base salary range the organization reasonably and in good faith expects to pay for this position at this time. Actual compensation is determined based on several factors, that may include seniority, education, training, relevant experience, relevant certifications, geography of work location, job responsibilities, or other applicable factors permissible by law. As a health care organization, we have a responsibility to do everything in our power to care for and protect our patients, our colleagues and our communities. Beth Israel Lahey Health requires that all staff be vaccinated against influenza (flu) as a condition of employment. More than 35,000 people working together. Nurses, doctors, technicians, therapists, researchers, teachers and more, making a difference in patients' lives. Your skill and compassion can make us even stronger. Equal Opportunity Employer/Veterans/Disabled