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Financial Business Partner

2 months ago


Worcester, Massachusetts, United States U Mass Memorial Health Full time
Job Summary

We are seeking a highly motivated and experienced Financial Business Partner to join our team at UMass Memorial Health. As a key member of our finance department, you will play a critical role in supporting the clinical and operational service lines, providing financial guidance and education to department and service line leaders.

Key Responsibilities
  • Provide financial analysis and guidance to department and service line leaders, including budget development and review, financial reporting, and performance tracking.
  • Assist in the development of reports and scorecards that provide meaningful and actionable insights to service line leaders and managers.
  • Identify significant variances and trends, and present progress reports to service line leaders and senior leadership, making recommendations for corrective action as necessary.
  • Collaborate with other finance departments to provide data and information for analyzing opportunities for performance improvement, including revenue cycle analysis and expense reduction initiatives.
  • Participate in service line planning activities, including the coordination of proposed business plans for enhancements to service line operations, and provide projected performance analysis and business plans.
Requirements
  • Bachelor's degree in Business Administration or equivalent experience required.
  • Five years of related experience required, preferably in a healthcare setting.
  • Highly motivated and dedicated professional with a strong commitment to excellence, customer focus, and accountability.
  • Problem-solving abilities, work independently, and communicate effectively.
  • Ability to manage high-quality and exceptional customer service in a fast-paced environment.
Preferred Qualifications
  • Master's degree in Business Administration preferred.
  • Minimum of 2 years of experience working with cost accounting systems preferred.
  • Knowledge of major accounting and Business Intelligence systems preferred.
  • Hospital clinical or operational experience preferred.
Our Standards of Respect

We strive to make respect a part of everything we do at UMass Memorial Health - for our patients, our community, and each other. Our six Standards of Respect are:

  • Acknowledge
  • Listen
  • Communicate
  • Be Responsive
  • Be a Team Player
  • Be Kind

We are an equal opportunity and affirmative action employer, and we encourage applications from individuals with varied experiences, perspectives, and backgrounds. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, gender identity and expression, protected veteran status, or other status protected by law.