Pediatrics Financial Analyst

POSITION SUMMARY : The Financial Analyst provides analytical support to the cash management, capital, and financing decisions made by the Department Chair, Directors, Management, and the Finance Department. This role includes assisting in the development of the annual operating budget, preparing weekly and monthly statistical reports, and supporting Pediatrics department leaders to ensure alignment with business strategies and forecasts. The Financial Analyst develops integrated revenue and expense analyses, reports, and presentations, and communicates findings to make informed recommendations. Additional responsibilities include financial forecasting, reconciliation of internal accounts, and various financial administrative activities. Position: Pediatrics Financial Analyst Department: Pediatrics Administration Schedule: Full Time Schedule: Hybrid ESSENTIAL RESPONSIBILITIES / DUTIES: The Financial Analyst's primary responsibilities include, but are not limited to, the following: Financial Planning and Administration: o Prepare analyses and reports for presentation to key decision-makers (e.g., senior management and Department chairs), including in-depth monthly operating budget analyses and performance evaluations. o Provide financial tracking and coordination on Pediatric department expenses including major capital projects from concept to conclusion and implement processes to ensure ongoing financial reporting needs are met. o Assist in preparing annual department budgets and current year re-forecasts. o Track non-patient contractual arrangements, generate invoices, manage collections, and report on monthly activity. o Manage intake and tracking of all checks for deposit (A/R, non-A/R, GL) and maintain a cash log. o Process, track, and reconcile AP invoices (e.g., leases, community partnerships/physicians, etc.). Continuing Education Expense Management: o Reconcile reimbursements and maintaining tracking database related to Continuing Medical Education (CME). o Initiate audit reviews by reassigning tasks to analysts for error checking and requesting clarification from originators. o Troubleshoot inquiries from providers regarding CME balances. o Reinforce the expense reimbursement policy among stakeholders. Systems Support: o Serve as the primary administrator for the Lawson Infor system and primary user/administrator on the SAP payroll system. o Ensure the systems are maintained with up-to-date and accurate information to assist with month-end close and journal entry requests. o Coordinates salary allocation entries and maintenance with appropriate colleagues across both Admin and Research teams. JOB REQUIREMENTS EDUCATION: Bachelors Degree required, with preference for concentration in Economics, Business, Accounting or Finance. EXPERIENCE: Minimum of 2 -3 years professional experience in a financial analysis or accounting function. Experience may be waive for candidates with a Masters' degree Advanced MS Excel, Word, Access, and PowerPoint skills. KNOWLEDGE AND SKILLS: *Experience with or ability to learn Lawson and additional application systems. *Highly analytical thinking with demonstrated talent for identifying, scrutinizing, improving, and streamlining complex work processes *Ability to interpret financial data and operating metrics *Detail oriented with strong organizational skills *Ability to work independently and as a member of team *Excellent written and verbal communication skills *Requires superior interpersonal skills to effectively work and communicate with all levels of *Management inside and outside Finance. *Ability to operate effectively in a fast-paced constantly changing environment. Equal Opportunity Employer/Disabled/Veterans

Created: 2024-11-05