Senior Financial Analyst

Posted 8 Hours Ago
Be an Early Applicant
Springfield, MA, USA
In-Office
83K-122K Annually
Senior level
Healthtech • Insurance • Professional Services
The Role
Supports hospital finance through annual operating and capital budgeting, variance analysis, benchmarking, reporting, data analysis, and process improvement. The role develops financial reports and tools, maintains budgeting systems, partners with managers on action plans, provides application training, and collaborates with IT on dashboards, testing, system enhancements, troubleshooting, and data integrity. This is a hybrid position requiring three days per week in the Springfield, Massachusetts office and residence in Massachusetts or Connecticut.
Summary Generated by Built In

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

Equal Employment Opportunity Employer

Baystate Health is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, national origin, ancestry, age, genetic information, disability, or protected veteran status.

Skills Required

  • Bachelor's degree
  • Experience with Axiom budgeting software
  • Strong technical and analytical skills working with complex data and financial information
  • Advanced spreadsheet skills and strong computer proficiency
  • Logical and analytical problem-solving approach
  • Strong written and verbal communication skills
  • Ability to collaborate effectively with managers, IT partners, and cross-functional teams
  • Strong organizational skills and ability to manage multiple priorities
  • Excel certification

Baystate Health Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Baystate Health and has not been reviewed or approved by Baystate Health.

  • Healthcare Strength Health coverage is described as offering three medical plan options with a significant employer premium share, HSA contributions, dental and vision, EAP, and a slate of wellness and mental‑health resources. Feedback suggests the integrated Health New England setup can provide strong value when using in‑network providers.
  • Retirement Support Retirement offerings include 403(b)/401(k) plans with a company match that grows with tenure and access to 457 options, alongside financial coaching and related protections. These elements point to a well‑rounded financial benefits package beyond base pay.
  • Parental & Family Support Family supports include adoption reimbursement, backup child‑care reimbursement, lactation rooms, and childcare placement assistance. These programs signal tangible, day‑to‑day help for caregivers.

Baystate Health Insights

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The Company
HQ: Springfield, MA
13,000 Employees

What We Do

Baystate Health is a not-for-profit, integrated healthcare system serving western Massachusetts through a network of hospitals, medical practices, and health insurance services.

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