SENIOR FINANCIAL ANALYST, FINANCIAL OPERATIONS
Company: College of Charleston
Location: Baltimore
Posted on: October 23, 2024
Job Description:
We are seeking a Senior Financial Analyst, Financial Operations.
The School of Medicine Business Office Financial Operations team
oversees the financial reporting for the School of Medicine (SOM or
the School). The department oversees development of financial
reports associated with, but not limited to, profit and loss
statements, revenue and expenses, accrual accounting, forecasting,
trending, and benchmarking. Assists with special projects as
identified by the SOM Executive Director of Financial Operations
and other SOM Leadership. The position reports to the Associate
Director of Financial Reporting and will be responsible for
providing a wide variety of value-added financial services, with a
focus on the School's clinical activities, to the Central SOM
Finance Department, clinical departments, and executive management
within the SOM and Johns Hopkins Medicine (JHM). Specific Duties &
Responsibilities Coordinates
- Produces clinical analyses, GAAP (Generally Accepted Accounting
Principles) financial statements, and conducts monthly close
analysis and reporting.
- Meets with Financial Planning & Analysis (FP&A) and Faculty
Practice Finance colleagues to ensure two-way communication,
knowledge transfer, and a shared understanding around the
preparation of SOM financial statements and subsequent schedules.
Specific duties will include the following:
- Produce accurate and timely monthly financial reports.
- Prepare the monthly accounts receivable valuation, including
preparation of the associated valuation journal entries.
- Provide support in development and preparation of various
monthly revenue and expense, profit and loss analyses, including
variance analysis, with a focus on clinical activity.
- Participate in the preparation of detailed financial
projections.
- Contribute to the review and automation of reporting
processes.
- Reconcile assigned balance sheet accounts using the Blackline
software tool.
- Possess and display analytical competency in gathering and
interpreting data; proficiency with financial reporting systems to
build reports.
- Prepare various analyses associated with the SOM annual
external audit by KPMG. Applies
- Understands and applies the methodologies and assumptions
associated with the accounts receivable valuation and how changes
to inputs impact valuation results.
- Incorporates knowledge on GAAP, the close process, and other
accounting concepts to discuss the timeline and preparation of
financial statements, and ultimately prepare financial statements.
Creates/Prepares/Develops
- Prepares GAAP financial statements and monthly close analyses,
reporting, and statements.
- Develops presentations for various JHM meeting venues regarding
SOM finances.
- Assists in presenting financial information, either written or
orally, to various JHM groups. Analyzes/Interprets
- Monitors clinical revenue activity and understands key drivers
of variances to budget in clinical revenue to include both
professional fee and non-professional fee clinical revenues.
- Analyzes and produces GAAP and monthly close statements.
Manages
- Manages the monthly accounts receivable valuation and the
clinical revenue analysis for the school in support of the accurate
and timely production of GAAP and monthly close statements. Problem
Solving
- Reaches an understanding with the FP&A and Faculty Practice
teams on the timeline and preparation of financial activities.
Thinking Critically
- Determines the appropriate approach and timeline to clinical
analysis and statement preparation. Trains/Communicates
- Communicates with and ensures that School and department
colleagues are familiar with the statement preparation timeline and
activities. Collaborates
- Partners with the Associate Director of Financial Reporting;
other Accountants and Analysts; FP&A colleagues; Faculty
Practice colleagues; research colleagues; University Controller's
Office colleagues; JHHS/JHM Finance colleagues. Additional
Knowledge, Skills, & Abilities
- Understanding of and commitment to the Johns Hopkins Medicine
Mission.
- Strategic leadership, planning, change management, and process
improvement skills.
- Highly motivated with the ability to assimilate job
requirements and employ new methodologies.
- Appropriately prioritize tasks to meet various deadlines.
- Reliability and ability for self-direction and initiative.
- Ability to work as part of a team or independently, address
problems, and adapt to a rapidly changing work environment.
- Ability to effectively interact with staff, including all
levels of leadership across Johns Hopkins University &
Medicine.
- Demonstrated knowledge of Microsoft Office products, including
Word and PowerPoint.
- Strong customer service orientation and focus on details,
accuracy and meeting pre-determined deadlines. Minimum
Qualifications
- Bachelor's Degree in Finance, Accounting, Business or a related
field.
- Five years of progressively responsible related
financial/accounting experience, preferably in a large and complex
organization.
- Advanced Excel skills, with demonstrated knowledge of pivot
tables, formulas and other functions, experience with other data
reporting tools.
- Knowledge of Generally Accepted Accounting Principles.
- Proven communication, organizational, and analytic skills.
- Ability to analyze data for budgeting, operations, auditing,
accounts receivable, and reserve analysis. Preferred Qualifications
- Experience in preparing complex analysis with a focus on
clinical revenues.
- Experience in preparing financial statements across multiple
units.
- Working knowledge of SAP system.
- Licensed CPA. Classified Title: Sr. Financial Analyst
Read on to find out what you will need to succeed in this position,
including skills, qualifications, and experience.
Job Posting Title (Working Title): Senior Financial Analyst,
Financial Operations
Role/Level/Range: ATP/04/PD
Starting Salary Range: $62,300 - $109,000 Annually ($85,000
targeted; Commensurate with experience)
Employee group: Full Time
Schedule: 37.50
Exempt Status: Exempt
Location: Hybrid/School of Medicine Campus
Department name: SOM Admin Finance Operations
Personnel area: School of Medicine
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Keywords: College of Charleston, Bel Air North , SENIOR FINANCIAL ANALYST, FINANCIAL OPERATIONS, Accounting, Auditing , Baltimore, Maryland
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