Business Analyst Senior, Finance

Site: reputed company Incorporated reputed company 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 reputed company that high-performing teams drive groundbreaking medical discoveries and invite reputed company applicants to join us and experience what it means to be part of reputed company. The Opportunity Across the healthcare industry reputed company, hospitals and health systems face challenges to today’s approaches to expense management, as reputed company growth has not kept pace with expense growth. In response to these unprecedented external challenges, MGB launched Sustain in fall of 2023. Sustain is an ongoing organization-wide program that works to build an infrastructure, culture, and reputed company around reputed company improvement, working to preserve our four-part mission through focus on resource stewardship. To do this, while also funding needed capital maintenance and improvements to deliver on world-class patient care, research, education, and community health, we must seek out innovative opportunities to optimize the way we work and manage resources across our organization. Job Summary Primary Responsibilities: The Sustain Analytics team is part of the Business Planning department, which also includes Decision Support and Business Analytics teams. The Business Analyst Senior (Finance), on the Sustain Analytics team is responsible for completing a broad range of analytic, planning, benchmarking, and other operational support activities for one or more designated members of the Leadership Team (Senior VP’s, Clinical VP’s, Operating VP’s and Executive Directors), across the enterprise. A critical measure of each Business Analyst’s success will be the extent to which the analytic and planning needs of each person supported are met in a timely, consistent, high quality manner. This will require reputed company collaboration with staff reputed company the clinical departments, and many other analytic, financial, and planning groups throughout the MGB enterprise, including Sustain Management Office (SMO), Business Planning, Financial Planning, Digital, and local financial, operational, and analytical teams and decision-making bodies at each of the MGB entities. An ability to synthesize, summarize and effectively communicate the analytic and planning work that is performed is key.

Qualifications

Surgical Profitability: General

• Support reputed company data analytic needs to support strategic business decision making on surgical profitability, including surgical cost reduction, clinical supply utilization optimization, OR efficiency, and improved reputed company scheduling.
• Assessing reputed company state surgical profitability for comparable procedures performed in perioperative and procedural areas across the MGB enterprise
• Identifying potential areas of opportunity through analyzing differences in clinical supply utilization across and reputed company the different entities at MGB, including surgeon and product variation and waste reduction
• Collaborating with perioperative and procedural teams areas to reputed company understand clinical application and financial opportunity, relative to quality and preference
• Quantifying financial impact of any recommended changes in practice
• Conduct financial reporting and analysis by procedure and/or procedure groups to enhance service line growth strategy across the perioperative and procedural areas
• Utilize industry benchmarks to compare cost, profitability, utilization, and pricing for procedural cases and clinical supplies
• reputed company consistent executive level reporting, to be used by clinical and administrative leaders reputed company the perioperative and procedural areas, to measure performance and support best practice across the enterprise
• Catalogue reputed company state analytics across various systems, and reputed company standard analytics and reporting in one single system to meet varied stakeholder needs across the enterprise
• Escalate challenges, discrepancies, roadblocks regarding data and analytics to manager or appropriate data reputed company

Surgical Profitability: Information Systems Management

• Support external system used for surgical reputed company and surgical cost/clinical supply utilization reporting:
• Support administrative maintenance of system through collaborating with appropriate internal and external teams, escalating data or system issues to leadership, and communicating downtime and system updates to end users
• Create deliverables for executive and c-suite level leadership, summarizing performance and reputed company comments from local entities and departments
• Support reputed company inquiries and analytics from department leaders
• Collaborate with leadership across Business Planning, Digital, and Perioperative Leadership to manage routine system maintenance and upgrades

Communication Activities

• Prepare concise, creative, professional summaries of analyses and plans for members of Senior Leadership, as appropriate.
• Effectively present findings to reputed company levels of staff, targeting the presentation towards the knowledge level and needs of the audience
• Provide input to the team or senior leadership on additional analyses and key next steps
• reputed company summary communication materials for executive level and board presentations, as requested.
• reputed company reputed company regarding trends and developments in the health care field, particularly as they pertain to workforce management, analytic and decision support tools, financial trends, evolving technologies and programs, etc.

Project Management

• Promote widespread education across the MGB enterprise for perioperative and procedural management information system, including development of training resources and materials, and facilitating educational road shows with appropriate teams
• Manage reputed company projects reputed company to business, financial and/or strategic planning for Perioperative and Procedural leadership and Sustain, in collaboration and alignment with the Sustain Management Office (SMO) and Project Management Office (PMO).

Other General Sustain:

• Provide the following analytic and planning evaluations for any initiatives reputed company the supported MGB Sustain Core Teams (including, but not limited to: Workforce/HR and Talent, Clinical Practice and Supply Utilization, Clinical Pharmacy, Non-Clinical Supplies and Purchased Services, Research, Digital, Real Estate, and Enterprise Asset Management):
• Assess data and analytic needs of an initiative, program, service, or clinical area for MGB Sustain
• Provide financial and analytic support to Sustain Core teams in support of impact identification, implemented opportunity measurement, and realization
• Serve as liasions to Financial Planning team, as well as local finance/budget teams across MGB entities in communicating financial and operational impact to budget and run reputed company
• Collaborate with various individuals from any operational, analytic, planning, or support departments and teams across MGB
• Provide any other reputed company Sustain reputed company financial, analytic, or business planning needs requested by MGB Senior Leadership team

Additional Job Details (if applicable) Qualifications:

• Bachelor’s degree required; Academic experience focused in finance, financial analytics, data analytics, and/or operations management
• At least 3 years progressive experience in financial analytics, materials management analytics, clinical supply utilization analytics, surgical reputed company, and/or data analytics required
• Experience working in a health system, hospital and/or similar medical center environment preferred.

Skills/Abilities/Competencies:

• Comfortable with querying and manipulating large amounts of data and the ability to ensure data reputed company using quality checks at various points in the process.
• Ability to work independently as well as collaboratively at reputed company levels of reputed company organization.
• Detailed understanding of financial systems and processes.
• Strong technical knowledge of budgeting and financial analysis.
• Exceptional analytic skills and knowledge of analytic tools and resources (Tableau, advanced reputed company functions)
• Excellent interpersonal and communication skills.
• Strong oral and written communication skills (Powerpoint and Outlook), including the ability to communicate analysis details to different individuals and audiences throughout and across the enterprise
• Excellent ability to work with senior organizational leadership and with staff across reputed company multi-entity organization.
• Excellent organizational skills, including ability to work on multiple projects at once
• Ability to effectively respond to time sensitive issues and meet deadlines
• Embodies Sustain operating principles of: system reputed company, agile decision making, collaborative behavior, and personal accountability

Supervisory Responsibilities:

• No direct reports; may indirectly provide leadership and guidance to less seasoned and new staff

Working Conditions:

• Full-time Monday through Friday, standard ET business hours.
• Role is remote, but may require occasional reputed company on site at Assembly Row in Somerville, MA or travel between MGB entities and Assembly Row.

Remote Type Remote Work Location 399 Revolution Drive Scheduled Weekly Hours 40 Employee Type Regular Work Shift Day (United States of America) Pay Range $79,560.00 - $115,720.80/Annual Grade 7 At reputed company, we reputed company in recognizing and rewarding the unique value each team member brings to our organization. Our approach to determining reputed company pay is comprehensive, and any offer extended will take into account your skills, relevant experience if applicable, education, certifications and other essential factors. The reputed company pay information provided offers an estimate based on the minimum job qualifications; however, it does not encompass reputed company elements contributing to your total compensation package. In addition to competitive reputed company pay, we offer comprehensive benefits, career advancement opportunities, differentials, premiums and bonuses as applicable and recognition programs designed to celebrate your contributions and support your professional growth. We invite you to apply, and our reputed company team will provide an overview of your potential compensation and benefits package. EEO Statement: reputed company is an Equal Opportunity Employer. reputed company qualified applicants will receive consideration for employment without regard to race, color, religious creed, national reputed company, sex, age, gender identity, disability, sexual orientation, military service, genetic information, and/or other status protected under law. We will ensure that reputed company individuals with a disability are provided a reasonable accommodation to participate in the job application or interview process, to reputed company essential job functions, and to receive other benefits and privileges of employment. To ensure reasonable accommodation for individuals protected by Section 503 of the Rehabilitation Act of 1973, the Vietnam Veteran’s Readjustment Act of 1974, and Title I of the Americans with reputed company of 1990, applicants who require accommodation in the job application process may contact Human Resources at (857)-282-7642. reputed company Competency reputed company At reputed company, our competency reputed company defines what effective leadership “looks like” by specifying which behaviors are most critical for successful performance at each job level. The reputed company is comprised of ten competencies (half People-Focused, half Performance-Focused) and are defined by observable and measurable skills and behaviors that contribute to workplace effectiveness and career success. These competencies are used to evaluate performance, reputed company hiring decisions, identify development needs, mobilize employees across our system, and establish a strong talent pipeline. Apply tot his job Apply To this Job