Budget & Finance Analytics Manager

at Spectrum Healthcare Partners in South Portland, Maine, United States

Job Description


Spectrum Healthcare Partners is Maine’s largest multi-specialty, physician-owned and directed professional organization and is comprised of over 200 physicians practicing in the areas of anesthesiology, orthopaedics, pain management, pathology, radiation oncology, radiology, and vascular & interventional services. Spectrum provides services at many of Maine’s hospitals throughout the state and in eastern New Hampshire. POSITION SUMMARY Provide a wide range of financial information analysis and reporting for a large, multi-specialty physician healthcare organization. Responsibilities include various financial modeling, departmental reporting, projections & pro-formas, and budget-related activities. Also responsible for developing and administering a monthly package of business indicators for the various divisions, including monthly analysis of financial statements, and other ad hoc financial projects. SUPERVISORY RESPONSIBILITIES (if any) Senior Financial Analyst(s) ESSENTIAL FUNCTIONS

+ Coordinates preparation of annual budget for the Company and each division and other related entities. Responsible for a detailed review of budget work done by others. Prepares the annual charges and revenues budget for the Company.

+ Manages budget and financial analyst staff

+ Prepares monthly analysis of division and physician productivity

+ Prepares monthly analysis of variances between actual and budgeted results

+ Prepares monthly Board of Directors financial presentations

+ Identifies and monitors financial trends and developments that impact the Company and its various divisions/departments

+ Prepares quarterly physician bonus calculations

+ Provides physician productivity analysis support for compensation purposes

+ Calculates and oversees shareholder buy-ins and buy-outs (deferred compensation)

+ Responsible for monthly, quarterly and annual profit-sharing accruals and true-ups. Primary liaison between the Company and 401k plan administrator and plays an integral role in completing the independent audit of the Company employee benefit plans.

+ Provides financial analysis support to Senior Practice Managers and Directors

+ Assists in the preparation of year-end accounting schedules

+ Provides support for various Company and divisional committees, as assigned

+ Administers special projects or other duties as assigned by the Chief Financial Officer

+ Provides coverage to the other members of Finance, as needed

+ Works with the CFO on new projects


+ Provides indirect support for other areas of the Company as needed based on professional expertise and experience

+ Learns and stays up-to-date with various office financial-related software support applications

+ Adheres to Company policies and procedures for related activities

+ Ensures development of strong positive relationships and collegiality among the department, practice and organization’s resources and staff

+ Demonstrates professionalism at all times

+ Displays cooperative behavior and interacts positively and effectively with others to promote a team environment

+ Proactively identifies, reports and participates in the resolution of any potential or actual safety/HIPPA issues

+ Maintains confidentiality and sensitivity with related financial and all company information.

+ Performs other duties necessary to maintain the overall efficiency and continuity of the department/division support applications


+ Bachelor’s degree in Accounting/Finance

+ 3-5 years of experience in a financial, accounting or public accounting setting; knowledge of or direct experience in a physician practice setting or other healthcare-related environment preferred

+ Computer applications proficiency in Microsoft Office Suite; advanced Microsoft Excel skills in developing spreadsheets, graphs and other data analysis applications

+ Strong analytical and decision-making skills

+ Ability to interpret and understand complex financial data from a variety of sources and compile and analyze into a format for others to use in making company financial decisions

+ Strong communication and organizational skills

+ Ability to work independently, coordinate multiple schedules and attend various meetings as designated

+ Excellent interpersonal and customer service skills used in interacting with all levels of the Company

+ Ability to deliver financial information and reports to senior management and physician leadership

+ Ability to maintain proper confidentiality and sensitivity with related financial and Company personnel information


+ Daily operation of various office based equipment: fax machine, telephone & voice mail operating system. Desktop/laptop computer, e-mail system, cell phone, pager, copier

+ May be required to sit or stand (presentations/meetings) for extended periods of time

+ May spend extended periods operating desktop computer, requiring hand-eye coordination and finger dexterity; and communicating face-to-face, on the telephone and in writing

+ Light lifting of paperwork, folders or other general record keeping materials

+ Occasional light travel to different divisions of the Company to present/provide financial information

+ Occasional after normal business hours meeting support and attendance


+ Health Insurance (80% company-paid)

+ Dental & Vision Insurance Plans

+ 401(k) Match and Profit-Sharing Plan

+ Life and Accidental Death and Dismemberment Insurance

+ Long-term Disability Insurance

+ Short-term Disability Insurance

+ Generous paid time off

+ Voluntary, Employee-Paid Benefits

+ Medical Reimbursement Plan

+ Dependent Care Plan

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Job Posting: JC212736628

Posted On: May 07, 2022

Updated On: May 26, 2022