Bachelor's degree in Accounting/Finance required; MBA/CPA preferred.
Five or more years of experience with an automated budget/accounting system preferred.
Knowledge of GAAP and FASB pronouncements.
Familiarity with cost and management accounting concepts.
Advanced Excel skills and familiarity with AI tools like CoPilot.
Ability to develop analyses and reports on budgetary issues.
Strong oral and written communication skills for interaction with all staff levels.
Responsibilities
Coordinate the annual budget cycle and enhance the upcoming fiscal year's budget.
Assist CFO and Director in developing budget assumptions.
Prepare annual budget calendar and communicate requirements to managers.
Create executive summaries of operating and capital budgets for various fiscal years.
Review monthly financial reports and prepare summaries for senior management.
Analyze revenue and expenses across all product lines.
Oversee Staff Budget Accountant's daily activities and review their work.
Benefits
Competitive salary and superior benefits package.
Supportive work environment.
Hybrid work model with 2 days on-site in Philadelphia.
Full Job Description
The Finance Division of the American College of Physicians (ACP) is seeking a candidate for the position of Senior Financial Analyst for the Financial Planning, Analysis and Payroll department. The Senior Financial Analyst is responsible for ensuring daily operations of the budget and financial analysis area are functioning efficiently. They will collaborate with College staff on budget, analysis and forecasting matters, and provide detailed reports for senior management. This position is hybrid (2 days on-site) located in our Philadelphia office.
Annual Budget
Assists in coordinating the annual budget cycle, including preparation and enhancement of the upcoming fiscal year's budget, accurate current-year reporting, and quarterly forecasts.
Assists CFO and Director of Financial Reporting in developing the assumptions that will form the basis of the College Wide Budget.
Prepares annual budget calendar and instructions to communicate requirements and timelines to budget managers and liaisons.
Prepares Executive summaries of operating and capital budget for prior, current and future budget fiscal years, as required.
Analyses & Forecasts
Reviews monthly financial reports/statements and prepares executive summary for senior management.
Provides detailed analysis of revenue and expense for all product lines.
Reviews and analyzes quarterly forecast submissions from College staff.
In conjunction with the Director of Financial Planning, provides a summarized fiscal year-end projection for CFO's review with upper management.
Budget Function Management - Administration
Reconciles budget data in the ERP (currently Sage) with networked based Excel spreadsheet system.
Consolidates annual and phased budgets and prepares the corresponding budgets downloads.
Other
Contributes to various PowerPoint presentations to Financial Policy and Audit Committee, Board of Regents, and Senior Staff.
Provides oversight to Staff Budget Accountant on day-to-day activities and reviews assigned budget and reporting work.
Qualifications:
Bachelor's degree in Accounting/Finance required. MBA/CPA preferred.
Five or more years of experience with an automated budget/accounting system preferred.
Knowledge of generally accepted accounting principles (GAAP) and financial accounting standards board (FASB) pronouncements.
Knowledge of cost and management accounting concepts and techniques of financial reporting.
Advanced Excel Skills and familiarity with AI (CoPilot).
Ability to develop analysis and reports on various budgetary issues.
Ability to understand various accounting, financial and budgetary methodologies to recommend, develop, implement, or enhance the College's budget practice.
Excellent oral and written communication skills required to interact with all levels of College staff.
ACP offers a competitive salary, superior benefits, and a supportive work environment. Find out more about ACP at: https://www.acponline.org/working-at-acp. Interested candidates should apply on our ADP link with their cover letter and resume.
