Children's Hospital of Philadelphia

Budget and Financial Analysis

Children's Hospital of Philadelphia

Philadelphia, PA, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

Welcome to Children's Hospital of Philadelphia, where we are dedicated to providing the highest quality healthcare for children. We are currently seeking a talented and driven individual to join our team as a Budget and Financial Analyst. In this role, you will have the opportunity to utilize your financial expertise and analytical skills to help us maintain our financial stability and support our mission of improving the lives of children. We are looking for a detail-oriented and strategic thinker with a strong background in budgeting and financial analysis. If you are passionate about making a difference and have a strong understanding of financial principles, we encourage you to apply for this exciting opportunity.

  1. Develop and maintain the hospital's annual budget, including revenue and expense projections.
  2. Monitor and analyze financial data to track performance and identify areas for improvement.
  3. Provide financial guidance and support to department heads and other stakeholders.
  4. Collaborate with the finance team to create and implement financial strategies and goals.
  5. Conduct cost-benefit analyses to inform decision-making and resource allocation.
  6. Identify and implement cost-saving measures without sacrificing the quality of care.
  7. Ensure compliance with financial regulations and policies.
  8. Prepare and present financial reports and analyses to senior management and board of directors.
  9. Proactively identify potential financial risks and develop contingency plans.
  10. Continuously monitor and review budget performance and make recommendations for adjustments as needed.
  11. Assist in the development and review of grant proposals and funding requests.
  12. Contribute to the development of long-term financial plans and forecasts.
  13. Stay up-to-date on industry trends and best practices in budgeting and financial analysis.
  14. Train and mentor junior members of the finance team.
  15. Demonstrate a commitment to the hospital's mission and values through all financial decisions and actions.
Where is this job?
This job is located at Philadelphia, PA, USA
Job Qualifications
  • Bachelor's Degree In Finance, Accounting, Or Related Field

  • Minimum Of 3 Years Of Experience In Budgeting And Financial Analysis

  • Strong Understanding Of Healthcare Finance And Reimbursement Principles

  • Proficient In Financial Modeling And Data Analysis Using Excel Or Other Software

  • Excellent Communication And Presentation Skills, With The Ability To Effectively Communicate Complex Financial Information To Non-Financial Stakeholders

Required Skills
  • Financial Reporting

  • Data Analysis

  • Financial Modeling

  • Financial forecasting

  • Expense Management

  • Budget tracking

  • Cost control

  • Revenue analysis

  • Budget planning

  • Budget Optimization

  • Budget Review

  • Financial Audits

Soft Skills
  • Communication

  • Conflict Resolution

  • Emotional Intelligence

  • Leadership

  • Time management

  • creativity

  • Attention to detail

  • Teamwork

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Budget and Financial Analysis in Philadelphia, PA, USA is between $60,000 and $90,000 per year. This can vary depending on factors such as the company, industry, and level of experience. Entry-level positions may start at around $45,000 per year, while more experienced individuals can earn upwards of $120,000 per year. Additionally, bonuses and benefits may also be included in the overall compensation package.

Additional Information
Children's Hospital of Philadelphia is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedFebruary 14th, 2024
Apply BeforeJune 21st, 2025
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About Children's Hospital of Philadelphia

The Children's Hospital of Philadelphia, also known by its acronym CHOP, is a children's hospital in Philadelphia, Pennsylvania. Its primary campus is located in the University City neighborhood of West Philadelphia on the campus of the University of Pennsylvania. The hospital has 594 beds and more than one million outpatient and inpatient visits annually. It is one of the world's largest and oldest children's hospitals and the first hospital dedicated to the healthcare of children.

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