Senior Budget Analyst

Augusta Health • Fishersville, VA

1d • $85,301 - $130,520 • Onsite

About The Position

This position plays a critical role in supporting Augusta Health’s mission and advancing departmental goals through measurable performance indicators and service excellence. This position contributes to a collaborative, patient-centered environment and helps drive outcomes aligned with organizational priorities. Requires an operationally focused and engaged finance professional to coordinate and lead the operating budget process and management reporting activities for the hospital by providing technical and financial assistance and advice in the preparation of the annual budget.

Requirements

• Bachelor’s degree in Business, Finance, Accounting, Healthcare Management, or related field, or equivalent combination of education and experience
• 3-5 years’ experience in the health care field with focus on budget variance analytics and financial reporting
• Demonstrated experience in developing and monitoring budgets.
• Minimum 3-5 years’ experience using Excel to maintain spreadsheets and perform data manipulation for large data sets.
• V-look up
• Pivot tables
• Advanced formulas
• Experience in presenting financial data to management and non-financial audiences
• PowerPoint presentations
• Demonstrations of financial systems, as appropriate
• Eligibility to work in the United States and meet Virginia state employment requirements

Nice To Haves

• Masters, Healthcare Administration
• CPA preferred
• HFMA certification in health care finance preferred
• Two years’ experience working with a financial planning and budgeting system; preferably in healthcare.
• Prior experience in a hospital, healthcare system, or related service-oriented environment
• Familiarity with Augusta Health’s systems, workflows, or organizational culture is a plus
• Good working knowledge of Meditech, Syntellis/Axiom products desired.

Responsibilities

• Coordinates and leads operating budget process and management reporting activities for the hospital by providing technical assistance and advice in the preparation of the annual budget by review of budget requests and reconciliation of projected statistics to revenue and expenses per workload unit projections.
• Administrator of system’s budget and management reporting system: including system maintenance, reporting, security administration, and training of directors and managers.
• Assists with the coordination of hospital’s annual budget process and acts as a budgetary decision maker during peak budget periods based on knowledge and financial goals of the organization.
• Manages all input into the budget plan files from directors and vice presidents.
• Assists all levels of management, including senior executives, in budget analysis by: Analyzing and answering questions related to monthly budget vs. actual reports – financial and statistical. Understanding budget variances in key service areas and offering support for corrective decision making. Analyzing/preparing financial components of business plan information as related to overall budget impact.
• Prepares month-end gross charge and payor analysis for Corporate Controller and CFO.
• Prepares and communicates the weekly operations summary to CFO, Controller, and other key service line leaders.
• Prepares custom reports for use in data analysis, financial planning, and budget preparation.
• Prepares budget presentation materials for Finance Committee and Board approval.
• Assists CFO with preparation of the monthly presentation to the Finance Committee.
• Calculates the target productivity index for departments annually based on budget.
• Revises or updates the productivity index based on changes approved by LMST.
• Collaborates with the Talent Acquisition Director on the weekly LMST material, communicating the material to be reviewed to the LMST (Senior Executives).
• Collaborates with Supply Chain Adm. Director to review and submit minor capital for approval to respective Senior Leaders (Sr. VP, VP, AVP)
• Work closely with and reviews the work of the Fixed Asset Accountant during the annual budget process to ensure that capital and depreciation are adequately accounted for.
• Periodically reviews the monthly capital tracking workbook to as support for the Fixed Asset Accountant.
• Supports the Sr. Financial Analyst and the Sr. Cost Analyst with business cases analysis, service area annual report and all federal and state surveys filed on behalf of the health system.

Benefits

• Comprehensive insurance package including medical, dental, and vision coverage
• Retirement savings plans and financial wellness support programs
• Earned Wage Access Program, allowing eligible team members to access a portion of earned wages before payday
• Generous paid time off and flexible scheduling to promote work-life balance
• Career development programs including clinical ladders, shared governance, and advancement opportunities
• Personalized onboarding with dedicated preceptors and ongoing educational support
• Tuition reimbursement and access to onsite childcare
• Free onsite parking, 24/7-armed security for your safety, a Health Fitness Reimbursement Program, and an onsite credit union and pharmacy
• Competitive pay with shift/weekend differentials
• Employee discounts at the cafeteria, gift shop, pharmacy, and local entertainment venues (i.e., movie tickets)

What This Job Offers

• Job Type: Full-time
• Career Level: Senior