Join Martin's Point Health Care - an innovative, not-for-profit health care organization offering care and coverage to the people of Maine and beyond. As a joined force of "people caring for people," Martin's Point employees are on a mission to transform our health care system while creating a healthier community. Martin's Point employees enjoy an organizational culture of trust and respect, where our values - taking care of ourselves and others, continuous learning, helping each other, and having fun - are brought to life every day. Join us and find out for yourself why Martin's Point has been certified as a "Great Place to Work" since 2015.
The Senior Financial Business Partner performs in-depth analyses of organizational financial performance measures and statistical data related to many aspects of the business. This position is responsible for data collection, analysis, reconciliation, review/evaluation and reporting in appropriate formats detailed financial analyses of various operational activities. This position is also responsible for the timely and accurate identification and analysis of projects based on current and strategic business needs to include: the detailed preparation, analysis and presentation of Return on Investments (ROIs), Business Case Analyses (BCAs) and Cost Benefit Analyses (CBAs). The position also participates in monthly accounting closing activities, facilitates provider compensation, team projects, departmental budget support and analysis, various special analytical assignments and other tasks as assigned. The Senior Finance Business Partner will interact with staff, management and senior leadership, other departments, external organizations, and other members of the Finance Department on a regular basis.
Job Description
Key Outcomes:
- Prepares and analyzes new business proposals to ensure that business decisions are made with all known facts available. Creates financial pro-formas that identify best strategies for margin improvements, providing recommendations to the project teams on what can be leveraged to drive improved financial positioning.
- Serves as a mentor and learning resource to Financial Business Partners/Analysts within and outside the Finance Department
- Prepares presentations and proposals, recommending best business practices from analytic findings to leadership. Effectively uses strong communication skills to facilitate understanding among various audiences.
- Ability to work effectively with multi-disciplinary professional and technical staff, as well as work independently to ensure timely and accurate project completion, maintaining a high degree of professionalism and confidentiality.
- Analyzes monthly financial reporting to ensure accuracy and completeness; proactively working with customers to identify areas of opportunities and strategies for improvement.
- Prepares ad hoc financial and operational analyses to address specific business questions or decisions. Develops special analytical reports and compilation of data in support of own assigned projects or to aid other Analysts in their assigned projects.
- Develops forecasting tools and methodologies that can be deployed at the corporate level, and to the departments to better link the operational units to corporate strategies.
- Ensures that comprehensive reports are provided in a timely, accurate and user appropriate format.
- Utilizes the internet and other professional data sources to research data as required, demonstrating advanced capability including familiarity with healthcare related sites
Education/Experience:
- Bachelor’s degree in Finance, Business, Health Care Administration or related field(s), Master’s degree preferred.
- 6+ years of financial experience in the areas of health care delivery/operations or health insurance industry in increasingly responsible positions.
- Experience with health insurance systems including managed care, reimbursements, medical expense, provider compensation and various contractual arrangements.
- Experience with financial reporting and budgeting/forecasting software such as SQL, Axiom, Cognos, & Oracle
- Understanding of and experience with general accounting, GAAP, and financial reporting.
- Experience with leading and completing all aspects of detailed business case analyses (BCAs), return on investments (ROIs) and other strategic initiatives from start to finish.
- Experience with accounting, budgeting and forecasting methodologies
Skills/Knowledge/Competencies (Behaviors):
- Outstanding analytical abilities, presentation skills (to include both materials – i.e. graphs/charts/presentations and delivery).
- Exceptional time management skills to prioritize and complete competing tasks on time
- Outstanding attention to detail to ensure the accuracy of all deliverables
- Proven ability to document key activities in a user appropriate format.
- Advanced skills in MS-Office products and strong user skills in financial software.
This position is not eligible for immigration sponsorship.
We are an equal opportunity/affirmative action employer.
Martin's Point complies with federal and state disability laws and makes reasonable accommodations for applicants and employees with disabilities. If a reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact [email protected]
Do you have a question about careers at Martin’s Point Health Care? Contact us at: [email protected]
Skills Required
- Bachelor's degree in Finance, Business, Health Care Administration, or related field
- 6+ years of financial experience in healthcare delivery, operations, or health insurance
- Experience with health insurance systems including managed care, reimbursements, and provider compensation
- Experience with financial reporting and budgeting/forecasting software such as SQL, Axiom, Cognos, & Oracle
- Understanding of and experience with general accounting, GAAP, and financial reporting
- Experience with business case analyses, return on investments, and strategic initiatives
- Experience with accounting, budgeting, and forecasting methodologies
- Advanced skills in MS-Office products and strong user skills in financial software
What We Do
Martin’s Point Health Care is an innovative not-for-profit health care organization offering high-quality, affordable health care and coverage to the people of Maine and throughout New England. Martin’s Point has seven health care centers in Maine and New Hampshire offering primary and specialty care to those with most major health insurance plans. Martin’s Point also administers two health insurance plans: Generations Advantage—with the only 5-Star Medicare Advantage plans in northern New England, and the US Family Health Plan for active duty military families and retirees throughout most of northern New England and New York. We believe that understanding both the clinical and health plan administrative side gives us the insight we need to make meaningful improvements to the health care system. Martin’s Point is dedicated to creating a community of healthy people through authentic relationships and trust
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