Baystate Health System

Senior Financial Analyst

Baystate Health System$83K — $121K *
Healthcare
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required
  • Experience with Axiom budgeting software preferred
  • Strong technical and analytical skills
  • Advanced spreadsheet abilities
  • Effective communication skills
  • Collaborative mindset for team dynamics
  • Strong organizational capabilities

Responsibilities

  • Support development and management of annual operating and capital budgets
  • Maintain reporting in budgeting applications
  • Analyze financial results and identify variances
  • Create and manage ad hoc and benchmarking reports
  • Assist in the establishment of budget methodologies
  • Extract data for internal and external reporting
  • Provide training and support for budgeting applications

Benefits

  • High-quality, low-cost medical, dental, and vision insurance
  • Generous PTO of up to 25 days in the first year
  • Educational support and reimbursement
  • First Time Home Buyers Financial Packages
  • 403b retirement match with increasing benefits
  • Free financial guidance from a certified money coach
  • Wellbeing programs focusing on mental, physical, and financial health
  • Variety of insurance options including life and personal insurance
  • Reimbursement programs for health and fitness activities
Full Job Description

Baystate Health is seeking a Senior Financial Analyst to join our experienced hospital finance team in Springfield, MA.

RESPONSIBILITIES: The Senior Financial Analyst will partner with leaders and managers across the organization, providing meaningful insights, technical expertise, and training that help drive informed financial and operational decisions. This role plays an important part in supporting the organization’s financial goals through budget development, benchmarking, reporting, data analysis, and process improvement.

  • Support the development and maintenance of annual operating and capital budgets.
  • Maintain reporting within the capital budget module and provide support for budgeting applications.
  • Analyze financial results, identify material variances, and partner with managers to understand root causes and develop action plans.
  • Develop and maintain ad hoc reports, input schedules, and benchmarking reports.
  • Support benchmarking activities and maintain knowledge of relevant industry and departmental metrics.
  • Partner with the Manager on budget methodologies and strategies, developing user-friendly tools and processes.
  • Extract and analyze data for internal and external surveys and reporting requirements.
  • Provide training, education, and ongoing support to managers and end users on budgeting applications, variance reporting, and benchmarking analysis.
  • Collaborate with IT and system analysts on system enhancements, dashboard development, testing, and implementation of new functionality.
  • Develop test plans and assist with system troubleshooting to ensure accurate, timely, and reliable reporting.
  • Help maintain data integrity across performance management and benchmarking systems.

SCHEDULE:

  • Full-time
  • 8:00am-4:30pm

LOCATION:

  • 280 Chestnut St
  • Springfield, MA
  • Hybrid work opportunity – 3 days a week in office, required. Candidate MUST live in MA or CT

QUALIFICATIONS

  • Bachelors degree, required
  • Experience with Axiom budgeting software, strongly preferred
  • Strong technical and analytical skills with the ability to work with complex data and financial information.
  • Advanced spreadsheet skills and strong computer proficiency.
  • Logical, analytical approach to problem-solving.
  • Strong written and verbal communication skills.
  • Ability to collaborate effectively and build positive relationships with managers, IT partners, and cross-functional teams.
  • Strong organizational skills with the ability to manage multiple priorities.

THE ADVANTAGES OF WORKING WITH BAYSTATE!

  • Excellent Compensation High-quality, low-cost medical, dental and vision insurance
  • Generous PTO – up to 25 days in the first year, with scheduled earned increases
  • Continuing education support and reimbursement
  • First Time Home Buyers Financial Packages
  • Farm Share Memberships
  • 403b retirement company match & annual company contribution increase based on years of service
  • Free money coach advice from a certified professional
  • Wellbeing programs that include but are not limited to mental, physical, and financial health
  • Pet, home, auto and personal insurance
  • Life insurance
  • Reimbursement for a variety of wellbeing activities, included but limited to gym membership and equipment, personal trainer, massage and so much more!
  • Wellbeing programs that include but are not limited to mental, physical, and financial health.

Education:

Bachelors Degree (Required)

Certifications:

Excel Certification - OtherOtherOther

Compensation

Note: The compensation range(s) in the table below represent the base salaries for all positions at a given grade across the health system. Typically, a new hire can expect a starting salary somewhere in the lower part of the range. Actual salaries may vary by position and will be determined based on the candidate's relevant experience. No employee will be paid below the minimum of the range. Pay ranges are listed as hourly for non-exempt employees and based on assumed full time commitment for exempt employees.

Minimum - Midpoint - Maximum

$83,054.00 - $99,236.00 - $121,804.00

 

About Baystate Health System

Baystate Health is a not-for-profit, integrated health care system serving over 800,000 people throughout western New England. The system includes five hospitals, a large network of primary care and specialty care providers, and a range of community-based health services. Baystate Health is the largest employer in western Massachusetts, with over 12,000 employees, and is a major contributor to the region's economy. The system is committed to providing high-quality, affordable health care to all patients, regardless of their ability to pay, and has received numerous awards and recognitions for its clinical excellence and patient-centered care.
Learn more about Baystate Health System
Size
12,000 employees
Industry
Founded
1883

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