Budget Analyst at WVU Medicine - Remote

Role Overview

The Budget Analyst at WVU Medicine plays a crucial role in coordinating operating budgeting and management reporting activities for assigned departments. This position requires a strong understanding of accounting principles, data analysis, and technical system skills. The Budget Analyst will analyze data from various sources and systems to present reports that assist in budget planning, monthly analysis, and decision-making processes. This role demands collaboration with various departments, including IT, Accounting, Finance, and Patient Financial Services, to design solutions to technical problems and improve efficiency.

Day in the Life

A typical day for a Budget Analyst at WVU Medicine involves a variety of tasks focused on maintaining and improving the budget management system. Here’s a glimpse:

• System Administration: Managing the budget and management reporting software, including system maintenance, reporting, and training for directors and staff.
• Data Analysis: Conducting thorough financial and statistical analysis of data to produce reports and support decision-making.
• Report Writing: Independently writing and developing reports to enhance business analysis and provide insights into financial performance.
• Collaboration: Working with IT, Accounting, Finance, and Patient Financial Services to design solutions to technical problems.
• Budget Coordination: Assisting in the coordination of the hospital’s annual budget process, including managing input from internal staff and pushing top-down information into the system.
• Communication: Meeting with departments and accounting staff to understand business needs, identify opportunities for report writing or modifications, and provide financial reports to various stakeholders.
• FTE Management: Managing the agenda and tracking for all FTE requests and budget neutral discussion items.

Why Remote?

WVU Medicine offers this Budget Analyst position as a remote opportunity, providing several benefits:

• Flexibility: Enjoy a flexible work schedule that allows for better work-life balance.
• Comfort: Work from the comfort of your home, eliminating commute time and expenses.
• Productivity: Create a personalized workspace that maximizes productivity and focus.
• Accessibility: Access to a wider talent pool, allowing WVU Medicine to hire the best candidates regardless of location.
• Sustainability: Reduced carbon footprint by eliminating daily commutes.

Career Path

The Budget Analyst role at WVU Medicine offers a clear career path for advancement. Potential career trajectories include:

• Senior Budget Analyst: Taking on more complex budgeting and reporting responsibilities, mentoring junior analysts, and leading projects.
• Financial Analyst: Focusing on broader financial analysis, forecasting, and strategic planning activities.
• Budget Manager: Overseeing the entire budgeting process for a department or division, managing a team of analysts, and making key budgetary decisions.
• Finance Manager: Managing financial operations, developing financial strategies, and ensuring compliance with financial regulations.

Salary & Benefits

WVU Medicine offers a competitive salary and benefits package for the Budget Analyst position. The estimated salary range for this role is $65,000 to $95,000 per year, depending on experience and qualifications. In addition to salary, WVU Medicine provides a comprehensive benefits package, including:

• Health Insurance: Comprehensive medical, dental, and vision coverage.
• Paid Time Off: Generous PTO for vacation, sick leave, and holidays.
• Retirement Plan: Retirement plan with employer matching or contribution.
• Life Insurance: Company-provided life insurance.
• Disability Insurance: Short-term and long-term disability coverage.
• Flexible Spending Accounts: FSAs or HSAs for healthcare and dependent care expenses.
• Employee Assistance Program: EAP for mental health and well-being support.
• Tuition Reimbursement: Tuition assistance for continuing education and professional development.
• Employee Discounts: Discounts on WVU Medicine services and products.
• Wellness Programs: Programs and initiatives to promote employee health and wellness.

WVU Medicine Culture

WVU Medicine is committed to creating a supportive and collaborative work environment where employees can thrive. The organization values:

• Teamwork: Encouraging collaboration and teamwork to achieve common goals.
• Innovation: Fostering a culture of innovation and continuous improvement.
• Excellence: Striving for excellence in all aspects of patient care and business operations.
• Integrity: Maintaining the highest standards of ethics and integrity.
• Diversity and Inclusion: Promoting a diverse and inclusive workplace where all employees are valued and respected.

How to Apply

To apply for the Budget Analyst position at WVU Medicine, please click the Apply button located at the top of this page and complete the application in full. Be sure to include your resume, cover letter, and any relevant certifications or licenses.

FAQ

1. What qualifications are required for the Budget Analyst position?
   A Bachelor’s degree in Business Administration, Accounting, Industrial Engineering, Business Management, or Hospital Administration or related field is required, along with two years’ experience in data analysis, financial statement preparation, financial systems administration, and/or health care planning background.
2. Is a CPA certification required?
   A CPA certification is preferred but not required.
3. What are the key responsibilities of a Budget Analyst?
   Key responsibilities include administering budget software, conducting financial analysis, writing reports, assisting with budget coordination, and collaborating with various departments.
4. What skills are important for success in this role?
   Important skills include budgeting, financial analysis, data analysis, report writing, communication, and technical proficiency.
5. What career paths are available for Budget Analysts at WVU Medicine?
   Potential career paths include Senior Budget Analyst, Financial Analyst, Budget Manager, and Finance Manager.
6. What benefits does WVU Medicine offer to its employees?
   WVU Medicine offers a comprehensive benefits package, including health insurance, paid time off, retirement plans, and tuition reimbursement.
7. Is this a remote position?
   Yes, this Budget Analyst position is a remote opportunity.
8. What is the salary range for this position?
   The estimated salary range is $65,000 to $95,000 per year, depending on experience and qualifications.
9. What is the work culture like at WVU Medicine?
   WVU Medicine is committed to creating a supportive and collaborative work environment that values teamwork, innovation, and excellence.
10. How can I apply for this position?
    To apply, click the Apply button located at the top of this page and complete the application in full.