Job Summary The IT Budget Analyst is responsible for:
Develops and presents to BCH IT management information around the current year budget cycle, including Budget General Sessions as well as Hyperion new and refresher courses.
Provides education of the Hyperion budget tool on an ongoing basis to new managers.
Supports the development and maintenance of the annual budget process for BCH IT.
Supports the Position Control Reporting System to conform with pre-established guidelines as determined in the operating budget for salaries and wages.
Complete reconciliations with the legacy budget system and the budget ledger.
Performs ad hoc reporting, financial and statistical comparative analyses, variance analyses, trend information, benchmarking, new program review, financial projections, and financial and statistical models for Finance and for department managers with support from manager and other team members.
Assists with consolidation of individual departmental budgets into operating budget summaries. Identifies changes in submitted expense budgets and provides detailed analytics and explanations around any significant changes made.
Consolidates all the individual data for the final budget presentation.
Review of department budgets for accuracy and appropriateness and makes recommendations.
Works with BCH IT Leadership to resolve any issues with submissions.
Works with department managers to educate, advise, and interpret the relationship of processes to reports; troubleshoot, resolve problems, and reconcile balances, including providing written analyses, explanations, and interpretations of all aspects of financial and budgeting processes.
Assist with the production and analysis of regularly scheduled financial reports.
Interprets, reviews, summarizes, and presents financial results, highlighting areas of concern and significant variances.
Provides administrative support to the IT Business Operations Department.
Prepares and distributes various analytical reports for financial statement processing and as necessary for committee meetings, for example, Hiring Committee.
Provides positive and effective customer service that supports BCH IT.
Maintains in an organized manner all budget-supporting backup in various media for review.
This includes budget journal entries with documentation and various report reconciliations.
To Qualify, you must have:
A Bachelor's Degree and 2 years of related experience.
Work requires the analytical skills necessary to resolve problems requiring the use of scientific, mathematical, or technical principles and in‑depth, experience-based cross‑functional knowledge and support from leaders and team.
Ability to evaluate budgetary analytics and understand content within the data Knowledge of Budgetary Systems, reporting programs, and networks, with the ability to identify opportunities for enhanced practices.
Ability to provide viable solutions and recommendations with framework of successful implementation Knowledge of existing and emerging budgetary technologies and industry best practices
Ability to lead a project team to implement budget process enhancements/improvements within the Budget department
Work requires the ability to communicate effectively both orally and in writing and provide empathy in difficult personal situations.
Boston Children's Hospital offers competitive compensation and unmatched benefits, including a flexible schedule, affordable health, vision and dental insurance, generous levels of time off, 403(b) Retirement Savings plan, Pension, Tuition Reimbursement, and discounted rates on T-passes (50% off). Discover your best.
Boston Children's Hospital is a 395-bed comprehensive center for pediatric health care. As one of the largest pediatric medical centers in the United States, Children's offers a complete range of health care services for children from birth through 21 years of age.