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Financial Analyst Government Contractor Jobs in Springfield, MA

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Financial Analyst Government Contractor information

See Springfield, MA salary details

$38.4K

$87.8K

$117.6K

How much do financial analyst government contractor jobs pay per year?

As of Aug 25, 2026, the average yearly pay for financial analyst government contractor in Springfield, MA is $87,802.00, according to ZipRecruiter salary data. Most workers in this role earn between $69,800.00 and $110,100.00 per year, depending on experience, location, and employer.

What does a financial analyst do for a government contractor?

A Financial Analyst working for a government contractor is responsible for budgeting, forecasting, and analyzing financial performance on government contracts. They ensure compliance with federal regulations, prepare reports for internal and external stakeholders, and support contract pricing and billing. Their work helps the organization maintain financial health and transparency while meeting the specific requirements set forth by government agencies.

How does a financial analyst in a government contracting environment typically collaborate with project managers and compliance teams?

As a Financial Analyst working for a government contractor, you will regularly collaborate with project managers to monitor budgets, track project costs, and ensure financial forecasts align with contract requirements. Additionally, you will work closely with compliance teams to make sure all financial activities adhere to federal regulations, such as the FAR (Federal Acquisition Regulation). This often involves participating in cross-functional meetings, preparing financial reports for audits, and supporting the development of cost proposals. Strong communication and teamwork skills are essential, as the role requires balancing accuracy with regulatory compliance in a dynamic, deadline-driven setting.

What are the key skills and qualifications needed to thrive as a financial analyst government contractor, and why are they important?

To thrive as a Financial Analyst Government Contractor, you need expertise in financial modeling, budgeting, and compliance, supported by a degree in finance, accounting, or a related field. Proficiency with tools such as Microsoft Excel, government accounting systems (like Deltek Costpoint), and knowledge of federal regulations (such as FAR/DFARS) are typically required. Strong analytical thinking, attention to detail, and effective communication skills distinguish top performers in this role. These skills are critical for ensuring accurate financial reporting, maintaining regulatory compliance, and supporting informed decision-making within government contracting environments.

What is the difference between Financial Analyst Government Contractor vs Financial Analyst Corporate?

AspectFinancial Analyst Government ContractorFinancial Analyst Corporate
Work EnvironmentGovernment contracting agencies, federal projectsPrivate corporations, corporate offices
Required CredentialsBachelor's degree, possibly security clearanceBachelor's degree, often CFA or CPA
Industry UsageFederal government, defense, aerospaceFinance, technology, manufacturing
Job FocusBudget analysis, compliance, federal regulationsFinancial planning, reporting, strategic analysis

Financial Analyst Government Contractors primarily work within government agencies or contractors supporting federal projects, often requiring security clearances. In contrast, Financial Analysts in corporate settings focus on internal financial planning and reporting for private companies. While both roles require similar educational backgrounds, the work environment and job focus differ significantly, reflecting their distinct industry needs.

What are popular job titles related to Financial Analyst Government Contractor jobs in Springfield, MA?

For Financial Analyst Government Contractor jobs in Springfield, MA, the most frequently searched job titles are:

What job categories do people searching Financial Analyst Government Contractor jobs in Springfield, MA look for?

The top searched job categories for Financial Analyst Government Contractor jobs in Springfield, MA are:

What cities near Springfield, MA are hiring for Financial Analyst Government Contractor jobs?

Cities near Springfield, MA with the most Financial Analyst Government Contractor job openings:

Financial Analyst Government Contractor jobs near you

Sr. Financial Analyst, Revenue and Reimbursement - 40hrs

Connecticut Children's

Hartford, CT • On-site

$86K - $107K/yr

Full-time

Posted 26 days ago

Connecticut Children's Medical Center rating

7.7

Company rating: 7.7 out of 10

Based on 45 frontline employees who took The Breakroom Quiz

225th of 1,063 rated hospitals

Job description


The Sr. Financial Analyst, Revenue and Reimbursement is responsible for monthly, quarterly, and annual revenue analysis and reporting across all hospital and specialty group departments for both Connecticut Children's Medical Center (CCMC) and Connecticut Children's Specialty Group (CCSG). The role manages State and Federal reporting requirements, directs support for DSH and other audits, and ensures revenue is recognized in accordance with contracted terms through the month-end close process. The Sr. Financial Analyst analyzes payer, physician, and patient payment information against applicable contract terms, government regulations, and internal policies, and supports annual revenue budgeting and forecasting. Work is performed under general supervision in close collaboration with Financial Planning and Financial Analysts across the department.
Responsibilities
Revenue Analysis & Reporting-40%
  • Prepares monthly, quarterly, and annual revenue analysis and reporting across all hospital and specialty group departments.
  • Ensures revenue recognized for CCMC and CCSG through the month-end close process is in accordance with contracted terms for services rendered.
  • Demonstrates technical knowledge of generally accepted revenue recognition standards specific to the hospital industry.
  • Analyzes incoming payment information and communications from payers, physicians, and patients in conjunction with applicable contract terms, reimbursement schedules, government regulations, and internal policies.
  • Identifies and investigates revenue variances; prepares written analysis and presents findings to leadership as needed.
  • Monitors payer contract performance and identifies opportunities for revenue optimization or recovery.
  • Develops productive relationships across Finance departments, including Revenue Cycle, Financial Operations, Financial Reporting, and Contract Management.

Budgeting & Forecasting-20%
  • Supports the annual revenue budget process, including preparation of supporting schedules and documentation.
  • Provides regular updates to revenue forecasts, incorporating changes in payer mix, utilization trends, contract terms, and regulatory developments.
  • Supports new business initiatives with revenue expectations and scenario modeling.

Reimbursement & Compliance-10%
  • Assists with establishing physician fee schedules by CPT codes for each cost center and department.
  • Supports reimbursement analysis and regulatory compliance monitoring.
  • Ensures all actions are consistent with applicable government regulations, contractual terms, and internal policies and procedures.
  • Maintains current knowledge of changes to CMS regulations, state Medicaid policy, and managed care reimbursement methodologies.

State & Federal Reporting Requirements-20%
  • Completes the following requirements in a timely manner:
  • CMS Annual Cost Report.
  • Connecticut Hospital Association Surveys.
  • Children's Hospital Association Surveys.
  • DSH Survey.
  • OHS Annual Filing and OHS 12 Month Filing.
  • CHGME Grant:
    • Initial Application.
    • FTE Documentation.
    • Reconciliation Application.
    • Annual Report Facilitation.

Audit Support-10%
  • Directs the preparation of support materials related to DSH audits and other audit requirements as needed.
  • Coordinates with internal departments and external auditors to ensure timely and accurate responses to audit inquiries.

Performs Other Duties as Assigned.
Qualifications
Education and/or Experience Required:
  • Education: Bachelor's degree from accredited college or university.
  • Experience: 5 years' experience in Healthcare Revenue Cycle or Healthcare Finance departments.

License and/or Certification Required:
  • N/A

Knowledge, Skills and Abilities:
Knowledge:
  • ICD-10, CPT coding, and medical terminology.
  • Insurance regulations and reimbursement policies, including managed care, Medicare, and Medicaid.
  • Generally accepted revenue recognition standards specific to the hospital industry.
  • State and Federal reporting requirements applicable to healthcare finance.
  • CMS cost report methodology and DSH program requirements.
  • Healthcare financial management principles, including budgeting and forecasting.
  • Microsoft Word and Excel; experience with healthcare financial systems preferred.

Skills:
  • Strong analytical and financial modeling skills with a high degree of accuracy and attention to detail.
  • Proficiency in data analysis, variance reporting, and revenue reconciliation.
  • Excellent written and verbal communication skills, including the ability to present financial data clearly to varied audiences.
  • Strong organizational and project management skills with the ability to manage multiple deadlines simultaneously.
  • Ability to develop and maintain effective working relationships across departments.

Abilities:
  • Ability to interpret and apply complex regulatory requirements, payer contracts, and internal policies.
  • Ability to work independently under general supervision while exercising sound judgment.
  • Ability to identify problems, analyze root causes, and recommend practical solutions.
  • Ability to adapt to changing priorities in a dynamic healthcare environment.
  • Commitment to maintaining strict confidentiality of all financial and patient-related information.

About Us
Connecticut Children's is the only health system in Connecticut that is 100% dedicated to children. Established on a legacy that spans more than 100 years, Connecticut Children's offers personalized medical care in more than 30 pediatric specialties across Connecticut and in two other states. Our transformational growth establishes us as a destination for specialized medicine and enables us to reach more children in locations that are closer to home. Our breakthrough research, superior education and training, innovative community partnerships, and commitment to diversity, equity and inclusion provide a welcoming and inspiring environment for our patients, families and team members.
At Connecticut Children's, treating children isn't just our job - it's our passion. As a leading children's health system experiencing steady growth, we're excited to expand our team with exceptional team members who share our vision of transforming children's health and well-being as one team.

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