Financial Analyst (Financial Systems)

Finance & Revenue Cycle Worcester, Massachusetts


Position at UMass Memorial Health

Everyone Is a Caregiver.

At UMass Memorial Health Care, Everyone is a Caregiver regardless of title. Exceptional patient care, academic excellence and leading-edge research make UMass Memorial the premier health care system of Central and Western Massachusetts, and a place where we can help you build the career you deserve. We are more than 14,000 employees, working together as one health care system. And everyone, in their own unique way, plays an important part, everyday.

Requisition #: 220562

Title: Financial Analyst


Location: UMass Memorial Medical Center:  306 BELMONT STREET, WORCESTER, MA

Posting Date: October 18, 2021

Shift: Days

Status: Exempt

Hours: 40

Shift Length: 8

Position Summary:

Collects, prepares, audits and analyzes financial/statistical data related to operating and capital budgets and financial reporting processes. Gathers and prepares information that is formatted and structured to be analyzed for accuracy and achievement of budget targets.

Major Responsibilities:

  • Supports and works with Customers, Managers and Administrators. Resolves inquiries and provides training in use and navigation of multiple budgeting systems. 
  • Develops a thorough working knowledge of budget financial software application(s) and obtains efficient navigation capabilities. May assist with system quality assurance, testing and/or maintenance.
  • Obtains data from financial and budget systems as needed. Designs, prepares and reviews various scheduled and ad hoc reports for presentation, distribution and/or ongoing financial data evaluation.
  • Assists in populating the current working budget with data from the previous fiscal year.
  • Assists with ad hoc and routine variance analyses. Identifies variances, resolves discrepancies with all applicable personnel. Works collaboratively to develop and implement corrective actions to meet budget targets.

Position Qualifications:



  • Bachelor’s Degree with a major or concentration in Health Care Administration, Math, Data Science, Economics, Finance, Accounting or related field.



  • Excellent analytical skills.
  • A working knowledge of computer-aided data analysis (e.g., financial/forecasting/budgeting techniques).
  • Demonstrated experience utilizing Microsoft Office Suite programs (e.g. Excel, Word, Access, PowerPoint).
  • Strong verbal and written communication skills and interpersonal skills.
  • Ability to manage multiple priorities and meet deadlines.


  • One year of relevant work experience.
  • Familiarity with hospital/healthcare delivery systems, financial forecasting and budgeting.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

Standards of Respect: