Financial Analyst II, Contracts, Savings, Rebates

Sutter HealthSacramento, CA
Hybrid

About The Position

This Financial Analyst II position supports contract review, savings validation, and rebate recovery within Supply Chain. The role involves translating contract terms into measurable financial impact and ensuring that savings and rebates are accurately tracked and reported. Sutter Health values and supports the unique talents and strengths that each employee brings to the organization, empowering employees to apply their passion for healing in innovative ways to care for patients and their families.

Requirements

  • Bachelor's: Finance, Accounting, Economics, Business Administration or related field
  • 2 years recent relevant experience
  • Working knowledge of accounting and financial operations and processes
  • Knowledge of Generally Accepted Accounting Principles (GAAP)
  • Knowledge of financial analysis principles, methods, practices, and procedures
  • Working knowledge of computerized accounting/financial systems and how it’s used in compiling, recording, maintaining accounting/financial transactions and information
  • Ability to translate financial data & analysis into reports and presentations for appropriate audience
  • Ability to read, comprehend, and apply policies, procedures, practices, and regulatory & legal requirements
  • Ability to compute and apply basic mathematical functions and computations, including percentages, decimals and prorated amounts
  • Critical thinking and analytical abilities
  • Ability to work with large data sets
  • Organization skills and attention to details
  • Displays a customer service focus in all decisions and actions
  • Ability to prioritize workload to complete assignments accurately and timely, and to meet strict timelines
  • Ability to communicate through verbal and written means

Nice To Haves

  • Advanced Excel experience
  • SQL experience

Responsibilities

  • Read and interpret vendor contracts and pricing agreements
  • Translate contract terms into financial analysis and measurable savings
  • Analyze large datasets to validate savings (price, volume, mix)
  • Research variance drivers
  • Track and reconcile rebate payments and ensure proper allocation
  • Partner with Sourcing, Supply Chain, and Finance to validate findings
  • Prepares accurate and timely financial reports and statements
  • Performs financial forecasts and analysis relating to operations, profitability, benchmarking or resource utilization, identifying trends, variances and performance gaps
  • Supports leaders in preparing annual operating and/or capital budgets, and reviews submitted data to ensure budget numbers upload into financial system accurately
  • Maintains financial reporting/cost accounting system, reviewing data uploads, and updating and reconciling system data

Benefits

  • comprehensive benefits package
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