Financial Analyst

Job Description

Financial Analyst – Entry Level | Memorial Hermann Health System

The Tone:
This is an entry-level Financial Analyst role at Memorial Hermann Health System, operating in a hybrid capacity. As a leading health system, Memorial Hermann delivers high quality, efficient care to its community members. This role is crucial in providing finance-based analytical support to management, ensuring the system can continue its vision of creating healthier communities for generations to come. By supporting financial decision-making, this position directly contributes to delivering exceptional experiences and prioritizing safety, compassion, personalization, and efficiency across the organization.

The TL;DR
• Role: Early Career
• Type: Hybrid
• Location: Hybrid

• Mission: Provide finance-based analytical support to all levels of management.

What You’ll Actually Do
• Analysis: Prepare basic financial analyses for various projects, including business plans that support new and expanded services, and facility or equipment acquisitions.
• Documentation: Assist in the preparation and submission of documentation for long-term financing requests.
• Budgeting: Contribute to the development of the annual budget, including profitability analysis for clinical service lines and payor classes.
• Reporting: Develop trend analysis reports that monitor hospital or corporate key performance indicators and compare them to internal and external benchmarks.
• Guidance: Meet with and provide guidance to managers, assisting them in budget preparation or other analysis projects.

The Must-Haves
• Background: Bachelor’s Degree in Finance, Accounting, or Economics; or equivalent training.
• Experience: One (1) to two (2) years of relevant work experience.
• Skills: Demonstrated high level of discretion, strong analytical abilities, and effective oral and written communication skills.