Senior Consultant Finance Transformation & Special Projects

MedStar Health

Columbia, MD

JOB DETAILS
SALARY
$82,617–$157,352 Per Year
SKILLS
Accounting, Accounts Payable, Analysis Skills, Artificial Intelligence (AI), Automation, Best Practices, Board Meeting, Budget Reporting, Business Administration, Business Case, Business Development, Business Strategy, Consulting, Cost Accounting, Cross-Functional, Data Analysis, Data Modeling, Data Sets, Documentation, ERP (Enterprise Resource Planning), Establish Priorities, Finance, Financial Analysis, Financial Modeling, Financial Operations, Financial Planning and Analysis (FP&A), Financial Strategy, Head of Finance, Healthcare, Healthcare Providers, Leadership, Lean Six Sigma, Management Consulting, Microsoft Access Database, Microsoft Excel, Microsoft Outlook, Microsoft PowerPoint, Operational Support, Presentation/Verbal Skills, Problem Solving Skills, Process Improvement, Profit & Loss, Project Development, Project Estimates, Project Management Certification, Project/Program Management, Reporting Dashboards, Return on Investment (ROI), Sales Qualification, Strategic Planning, Time Management, Trend Analysis, Writing Skills
LOCATION
Columbia, MD
POSTED
30+ days ago

About the Job

General Summary of Position

The Sr. Consultant Finance Transformation & Special Projects serves as an internal consultant to the Finance leadership team and operational executives. This role is responsible for driving high-impact finance transformation initiatives, leading priority special projects, conducting complex financial analysis, and supporting system-wide strategic decision-making. The role combines strong finance process knowledge, consulting-style problem-solving, executive-ready communication, and advanced analytic capabilities. This individual will also support business development activities for the Finance function, evaluating new opportunities, building business cases, and supporting cross-functional initiatives that advance financial performance and organizational strategy.

Primary Duties and Responsibilities

Finance Transformation & Process Improvement

• Assesses current-state finance processes across accounting, AP, payroll, close, reporting, budgeting, cost accounting, and business partnering. • Identifies pain points, inefficiencies, and improvement opportunities. • Develops future-state workflows, process maps, and recommendations aligned with best practices and healthcare operations. • Supports implementation of automation and technology enhancements (ERP, reporting tools, RPA, AI/ML).

Special Projects & Strategic Initiatives

• Leads high-visibility CFO-sponsored special projects (e.g., labor productivity initiatives, service line profitability studies, capital prioritization, operational redesign). • Conducts rapid problem-solving to support emerging needs across the organization. • Builds business cases, financial models, and ROI assessments for potential initiatives. • Manages cross-functional workstreams with Finance, Operations, Strategy, IT, HR, and clinical departments. • Prepares executive-level materials for steering committees, board meetings, or enterprise strategy reviews.

Data Analysis Modeling & Insight Generation

• Analyzes large financial and operational datasets to identify trends and insights. • Builds advanced financial models to quantify improvement opportunities and evaluate scenarios. • Translates data into actionable recommendations, dashboards, and summaries for leadership.

Executive Communication & Leadership Engagement

• Develops high-quality executive presentations and narrative documents for the CFO, Finance leadership team, and senior executives. • Presents findings clearly and persuasively to stakeholders at all levels. • Facilitates workshops, interviews, and cross-functional working sessions.

Project Management & Delivery Excellence

• Supports intake prioritization and scoping of new projects in the Finance Transformation Office. • Develops project charters, timelines, and detailed execution plans. • Tracks risks, dependencies, and milestones for multiple concurrent initiatives. • Monitors benefit realization and ensures projects deliver measurable outcomes. • Maintains a high standard of consulting-quality deliverables, documentation, and stakeholder engagement.

Assumes other duties and responsibilities that are appropriate to the position and area.

The above responsibilities are a general description of the level and nature of the work assigned to this classification and is not to be considered as all-inclusive.

Exemplifies SPIRIT Values and sets an example for staff.

Minimal Qualifications

Education

• Bachelors degree from an accredited university in Accounting, Finance, Business Administration, or related field required. • Masters degree, MBA, MHA, or other graduate degree with a healthcare concentration preferred.

Experience

• 5-7 years of experience in Management consulting, Finance transformation, Healthcare finance, FP&A, accounting, or a hybrid finance/strategy role required. • Prior experience in a healthcare provider organization. • Familiarity with Healthcare Finance Technology, ERP reporting tools, AI/ML, or workflow automation technologies. • Lean/Six Sigma or project management certification preferred.

Knowledge, Skills, and Abilities

• Knowledge of Excel, Access, PowerPoint, Microsoft Outlook, and other key finance technology (ERP, EPM, Costing). • Demonstrated capability in financial modeling and advanced analytics. • Strong understanding of healthcare finance processes and performance drivers. • Excellent written and verbal communication with strong executive presence. • Proven ability to lead cross-functional projects in complex organizations. • Comfortable operating in ambiguity and managing evolving priorities. • Consistent delivery of high-quality on-time work. • Collaborates effectively across diverse stakeholders.

This position has a hiring range of USD $82,617.00 - USD $157,352.00 /Yr.

About the Company

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MedStar Health