About Us As a not-for-profit organization, Partners HealthCare 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, Partners HealthCare 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. Partners HealthCare 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 Partners HealthCare 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 Overview
You'll be part of a dynamic and collaborative team supporting the MGB CFO and member institutions on strategic planning, financial modeling and reporting. We need your organizational talents, critical thinking and business discipline to help fuel ours.
In this position you will provide high quality financial planning and analytic services to support senior management and institutional members in the following high-visibility areas:
Multi Year Financial Plan to meet system operating and performance targets
Annual MGB system-wide Budget and Forecast planning and reporting ($14 Billion)
Capital Capacity Management ($6 Billion 5-year plan)
Principal Duties and Responsibilities
Demonstrate strong conceptual and critical analytic skills
o Provide superior analytic and problem-solving skills with a high value in data integrity and accuracy
o Facilitate the process of monthly reporting of budget vs. actual financial and statistical data as it relates to patient revenue, other related revenue sources, and key expense categories (salary and wages, benefits, supplies, and other expenses).
o Prepare analyses for the monthly financial reporting process as it relates to patient revenue, insurance revenue, salary and wages, and benefits
o Provide detailed analytics for initiatives which impact patient revenue and/or reimbursement and prepare ad hoc reports and furnish data on an as needed basis for management.
o Provide supporting analytics and key financial drivers for Senior Management presentations, including MGB's annual Operating and Capital annual plans and long-range forecast, monthly/quarterly results
o Identify and incorporate external data (e.g. CHIA database, CBO/market projections, national/regional healthcare CPI trends) to enhance analysis and/or projections
Develop and implement financial models and processes to support new analytic and goals of the Financial Planning (FP) department.
o Integrate financial information from multiple systems and data warehouses and present in accessible format
o Identify, initiate and drive improvements in the budget, forecast, and reporting processes to enable the group to function more efficiently and effectively.
o Advanced expertise in modeling with proficiency in creating and maintaining complex and automated financial models
Ability to work both independently, and as member of a highly interdependent team
Develop effective working relationships with institutional constituents, as well as other Finance and functional area colleagues
Demonstrate comfort and facility with working in a culturally diverse organization
Proactively develop and/or expand knowledge of healthcare industry and healthcare finance as well as technical applications related to functional responsibilities
Qualifications Qualifications
Minimum 3-5 years of concentrated progressively responsible Financial Analysis experience
Combination of relevant finance experience and educational training (Business or Finance degree), including extended internships or self employment
Previous experience in Corporate Budget/Financial, Capital, and/or Strategic Planning /Business Analysis FP&A Departments major plus
Approach to work that balances big picture with appropriate level of analytic detail to create impactful deliverables
Strong organizational skills and ability to drive projects to completion; ability to manage multiple concurrent deliverables
Natural intellectual curiosity and energetic, creative and collaborative approach to working and problem solving
A balance of patience and perseverance necessary to affect change in a large and complex organization
Advanced Microsoft Office Suite experience with excellent Excel and PowerPoint skill set a requirement
Experience with Financial Planning and/or Business Intelligence/Analytics/Data Visualization Software (e.g., IBM Cognos, Hyperion, Tableau, Alteryx,)
Data mining, relational databases, and SQL query tools is a plus.
Familiarity with Health Care industry required
Superior interpersonal skills, team and client collaboration, and customer service focus
Excellent verbal and written communication skills; presentation experience a major plus
Skills/Abilities/Competencies
Liaison, as assigned, to MGB's institutional Finance teams and/or functional departments
Understand key business drivers of specific institutions (including high level trends based on actual performance) and/or functional areas (e.g., metrics, patient revenue and expenses, research, investment income)
Analyze and evaluate institutions' annual and long-range operating plans (including metrics, operating statements, underlying business drivers) along with risks and opportunities
Participate in cross-functional, cross-institutional process improvement teams
Provide detailed analytics for ad hoc projects including reports for senior management
EEO Statement Partners HealthCare 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.
Partners Healthcare System Inc. is acting as an Employment Agency in relation to this vacancy.
