Budget Manager (Remote) at Mass General Brigham(PHS) in Somerville, Massachusetts

Job Description:

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.


Reporting to the budget director, this role will assist in the development and monitoring of MGH's operating budget and is focused on day-to-day management of the analyst team. Key budget responsibilities will include oversight of the budget system, reviewing budget requests and assisting the Budget Director in evaluating impacts, reporting on status and drivers of the budget. The budget manager will also coordinate monthly with accounting to preview results and lead associated financial analysis and reporting.


Responsibilities:

• Use/s the Mass General Brigham 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


• Coordinate financial reporting, analysis, and consolidation across MGH and MGH affiliates, including annual budgets, forecasts, and monthly and quarterly results.


• Budget responsibilities include:
  
  
  • Oversight of Hyperion system preparation for Hyperion system assumptions, MGB central budget implications, and department submissions.
  
  
  • Review budget requests, coordinate discussions with budget director and team regarding requests and status of target achievement during the budget process.
  
  
  • Assist Budget Director in evaluation of savings ideas and new program requests including analyses on volume, gross revenue, expense, and ROI impacts.
  
  
  • Routine reporting on the status of the gap and drivers throughout the budget process
  
  
  
  


• Key role and responsibilities in the monthly pre-close process (in support of the month-end close):
  
  
  • Works directly with the Accounting Department to resolve issues ahead of the close.
  
  
  • Summarizes preliminary data for Budget Director, highlighting significant issues or areas of concern
  
  
  • Oversees presentation of Volume/Revenue and Salaries for the close.
  
  
  
  


• Leads financial reporting processes including variance analysis
  
  
  • Oversees development of monthly, quarterly, annual analysis of trends in all aspects of the P&L (revenue, salaries/FTEs, non-salary) in support of monthly variance analysis
  
  
  
  


• Acts as the primary budget contact with MGH Accounting and with various directors in the hospital


• Routinely interacts with hospital departmental finance and administrative staff and works with analytic staff to develop and produce ad hoc analyses and reports as needed.


• Ensure optimization of systems including Hyperion, Vision, and other tools used to generate financial and FTE reporting and ensure MGH managers, staff, and new employees are trained in budget process and systems.


• Perform other duties as assigned.

Qualifications

Qualifications:

• 5 years related experience (healthcare or hospital budget/finance preferred)


• Prior supervisory or management responsibilities preferred


• Bachelor's degree required.


• Must have an understanding of corporate business concepts and processes.


• Must be proficient with PowerPoint and Excel and able to transform data into clear, digestible information for various audiences


• Hyperion Planning/Smartview experience a plus.


• A combination of education and experience may be substituted for requirements

Skills/Abilities:

• Take-charge ability and excellent judgment in figuring out and using resources.


• Must be very well organized to handle several tasks simultaneously under sometimes tight deadlines.


• Must be innovative and have a desire to develop and implement new insights and enhance current procedures.


• Must encourage and promote positive and effective communication amongst colleagues.


• Ability to work optimally in teams.


• Strong financial and revenue analysis skills.


• Excellent financial, analytical and customer problem resolution skills.


• Possess strong interpersonal skills to effectively communicate with cross functional teams including staff at all levels of the organization


• Exceptional research and organizational skills.


• Self-starter, ability to work independently, with little direct supervision.


• Ability to successfully negotiate and collaborate with others of different skill sets, backgrounds, and levels within and external to the organization

Technical Skills

• Advanced computer skills, particularly Excel, PowerPoint. Tableau a plus.


• Ability to learn systems and adapt quickly

Other Responsibilities:

• This position has four direct reports.

- Budgetary responsibility for four FTE positions

• Demonstrates fiscal responsibility by effectively using Mass General Brigham resources


• This position is currently remote. May be required, on occasion to travel into the office due to business needs.


• Possible local travel to Mass General Brigham sites.

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. Apply Now