Financial Analyst Iii

Description:

Overview:

Fred Hutchinson Cancer Center is an independent, nonprofit organization providing adult cancer treatment and groundbreaking research focused on cancer and infectious diseases. Based in Seattle, Fred Hutch is the only National Cancer Institute-designated cancer center in Washington.

With a track record of global leadership in bone marrow transplantation, HIV/AIDS prevention, immunotherapy and COVID-19 vaccines, Fred Hutch has earned a reputation as one of the world’s leading cancer, infectious disease and biomedical research centers. Fred Hutch operates eight clinical care sites that provide medical oncology, infusion, radiation, proton therapy and related services, and network affiliations with hospitals in five states. Together, our fully integrated research and clinical care teams seek to discover new cures to the world’s deadliest diseases and make life beyond cancer a reality.

At Fred Hutch we value collaboration, compassion, determination, excellence, innovation, integrity and respect. These values are grounded in and expressed through the principles of diversity, equity and inclusion. Our mission is directly tied to the humanity, dignity and inherent value of each employee, patient, community member and supporter. Our commitment to learning across our differences and similarities make us stronger. We seek employees who bring different and innovative ways of seeing the world and solving problems. Fred Hutch is in pursuit of becoming an anti-racist organization. We are committed to ensuring that all candidates hired share our commitment to diversity, anti-racism and inclusion.

Performs financial analysis to support budget and financial planning. The primary purpose of the role is to support financial decision making of the organization to ensure the short-term and long-term financial success of Fred Hutch. The position reports to the Associate Director of Financial Planning & Budget.

Responsibilities:

• Create multi-year and annual budgets. Monitor financial performance relative to budget and explain variances and trends.
• Utilize numerous data sources, analytics, and personal interaction to develop keen understanding of primary drivers of financial variation. Assist in developing actionable steps for financial improvement.
• Evaluate financial results in context of internal and external benchmarks. Assist in identifying and developing targeted benchmarks.
• Conduct financial modeling to determine and analyze the financial impact of business opportunities and action plans. Develop scenario/sensitivity analyses to highlight financial strengths, weaknesses and risks.
• Perform financial analysis, including historical and predictive.
• Collaborate interdepartmentally to monitor and develop actionable reports that analyze financial performance.
• Translate business problems into technical approaches to create standardized Tableau reporting dashboards which help explain budget to actual variances and guide decision making.
• Build driver-based models in support of business cases, rolling forecasts and budgets.
• Provide recommendations for changes in processes or practices that standardize, automate, and optimize efficiencies in routine tasks
• Support development of multi-year financial plan and link current year priorities and assumptions to budget and management reporting.
• Complete and submit financial surveys.
• Educate self through industry readings, conferences and other forums on critical financial and healthcare trends and analyzes and identifies potential implications for Fred Hutch.
• Other duties as assigned.