Business Analyst Senior, Finance

Site: Mass General Brigham Incorporated

Mass General Brigham 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 believe that high-performing teams drive groundbreaking medical discoveries and invite all applicants to join us and experience what it means to be part of Mass General Brigham.

The Opportunity

Across the healthcare industry nationwide hospitals and health systems face challenges to todays approaches to expense management as revenue growth has not kept pace with expense 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 mindset around continuous 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 VPs Clinical VPs Operating VPs and Executive Directors) across the enterprise.

A critical measure of each Business Analysts 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 close collaboration with staff within 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.

Surgical Profitability: General

• Support all data analytic needs to support strategic business decision making on surgical profitability including surgical cost reduction clinical supply utilization optimization OR efficiency and improved block scheduling.

  • Assessing current 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 within the different entities at MGB including surgeon and product variation and waste reduction

  • Collaborating with perioperative and procedural teams areas to better 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

• Develop consistent executive level reporting to be used by clinical and administrative leaders within the perioperative and procedural areas to measure performance and support best practice across the enterprise

• Catalogue current state analytics across various systems and develop 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 owner

Surgical Profitability: Information Systems Management

• Support external system used for surgical capacity 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 related comments from local entities and departments

  • Support ad hoc 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 all 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

• Develop summary communication materials for executive level and board presentations as requested.

• Keep current 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 ad hoc projects related 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 within 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 rate

• Collaborate with various individuals from any operational analytic planning or support departments and teams across MGB

• Provide any other ad hoc Sustain related financial analytic or business planning needs requested by MGB Senior Leadership team

Qualifications:

• Bachelors 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 capacity 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 integrity using quality checks at various points in the process.

• Ability to work independently as well as collaboratively at all levels of complex 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 excel 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 complex 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 mindset 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 presence on site at Assembly Row in Somerville MA or travel between MGB entities and Assembly Row.

Remote

399 Revolution Drive

40

Regular

Day (United States of America)

Pay Range

$79560.00 - $115720.80/Annual

Grade

7

At Mass General Brigham we believe in recognizing and rewarding the unique value each team member brings to our organization. Our approach to determining base pay is comprehensive and any offer extended will take into account your skills relevant experience if applicable education certifications and other essential factors. The base pay information provided offers an estimate based on the minimum job qualifications; however it does not encompass all elements contributing to your total compensation addition to competitive base 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 Talent Acquisition team will provide an overview of your potential compensation and benefits package.

0100 Mass General Brigham Incorporated is an Equal Opportunity Employer. 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. We will ensure that all individuals with a disability are provided a reasonable accommodation to participate in the job application or interview process to perform 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 Veterans Readjustment Act of 1974 and Title I of the Americans with Disabilities Act of 1990 applicants who require accommodation in the job application process may contact Human Resources at .

Mass General Brigham Competency Framework