Pennsylvania Medicine

Senior Financial Analyst - Medicine Finance

Pennsylvania Medicine$80K — $110K *
Healthcare
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Arts or Science required
  • 4+ years of finance experience, specifically in accounting and budgeting for healthcare systems
  • Master's degree preferred
  • Proven experience in complex accounting analysis
  • Strong understanding of operating budgets and financial presentations

Responsibilities

  • Prepare month-end closing entries and review staff submissions
  • Multitask and manage competing priorities while working independently and collaboratively
  • Analyze monthly financial reports and provide variance explanations
  • Create and present monthly financial documents for senior leadership
  • Monitor inter-entity support for budget tracking
  • Assist in the annual development of operating budgets
  • Engage with managers to discuss monthly operational results
  • Collaborate on Divisional Strategic Plan developments with institutional leadership
  • Provide mentorship to other financial analysts in the department

Benefits

  • Full-time position with potential for career advancement
  • Opportunities for professional development and training
  • Collaboration with senior leadership and cross-department teams
  • Access to resources from one of the top healthcare institutions
  • A supportive work environment focused on values and policy adherence
Full Job Description
Entity: Clinical Practices of the University of Pennsylvania (CPUP) Department: Medicine Finance Location: Hospital of the University of Pennsylvania- 3400 Spruce St Hours: Fulltime Summary: - The Senior Financial Analyst is responsible for creation and updating of all presentation documents to senior leadership, complex accounting analysis, and month end close entry preparation and review. The Senior Financial Analyst has a great understanding of the Operating budgets and is involved in the build each year. The Senior Financial Analyst has the ability to attend and present information in the Director's absence. The Senior Financial Analyst mainly communicates with managers and senior leadership within the department, as well as other corporate departments (A/P, Purchasing, Finance, Capital Accounting). Minimal contact with outside vendors. Responsibilities: - Preparation of month end closing entries and review of entries prepared by other staff. - Ability to Multitask and manage shifting priorities and deadlines, with an ability to work both independently and in a collaborative team environment. - Provide analysis and variance explanations for monthly reporting. - Creates monthly financial presentations for division administration and senior leadership. - Monitoring of Inter-entity support and tracking for budget purposes. - Assisting in building the Operating Budgets each year. - Routinely meet with Managers to review their departmental monthly operational results. - Partners with COO, DOF, PSOM and CPUP leadership on the development of the Divisional Strategic Plan(s). - Where applicable, mentor financial analysts in and outside department. - Performs duties in accordance with Penn Medicine and entity values, policies, and procedures - Other duties as assigned to support the unit, department, entity, and health system organization Education or Equivalent Experience: - Bachelor of Arts or Science (Required) - And 4+ years experience in a Finance department, with a progressive accounting and budgeting, for a Healthcare System. - Master of Arts or Science (preferred)

About Pennsylvania Medicine

The University of Pennsylvania is a private Ivy League research university in Philadelphia. It is the fourth-oldest institution of higher education in the United States and is ranked among the highest-regarded universities by numerous organizations and scholars. While the university dates its founding to 1740, it was created by Benjamin Franklin and leading Philadelphia citizens in 1749 . The University has four undergraduate schools as well as twelve graduate and professional schools. Schools enrolling undergraduates include the College of Arts and Sciences, the School of Engineering and Applied Science, the Wharton School, and the School of Nursing. Among its highly ranked graduate schools are its law school, whose first professor wrote the first draft of the United States Constitution, its medical school, the first in North America, and Wharton, the first collegiate business school. Penn's endowment is US$20.7 billion, putting it amongst the wealthiest academic institutions in the world, and its 2019 research budget was $1.02 billion. Penn was one of nine colonial colleges chartered before the U.S. Declaration of Independence when Benjamin Franklin, the university's founder and first president, advocated for an educational institution that trained leaders in academia, commerce, and public service. The campus, in the University City neighborhood of Philadelphia, is centered around College Hall, and notable landmarks are Houston Hall, the first modern "student union", and Franklin Field, the first double-decker college football stadium. Penn also is the home of the Morris Arboretum, the official arboretum of the Commonwealth of Pennsylvania, which is located 15 miles northwest of the campus, in the Chestnut Hill section of Philadelphia. The university's athletics program, the Quakers, fields varsity teams in 33 sports as a member of the NCAA Division I Ivy League conference.
Learn more about Pennsylvania Medicine

Similar Jobs

More Jobs at Pennsylvania Medicine

More Healthcare Jobs

Find similar Senior Financial Analyst - Medicine Finance jobs: