Pennsylvania Medicine

Senior Financial Analyst -

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

Qualifications

  • Bachelor's degree in Arts or Science required; Master’s degree preferred
  • 4+ years of experience in a Finance department within a Healthcare System
  • Strong accounting and budgeting knowledge
  • Experience in creating financial presentations for senior leadership
  • Skilled in analysis and variance explanation for financial reporting

Responsibilities

  • Prepare and review month-end closing entries
  • Multitask and manage competing priorities in a collaborative environment
  • Provide financial analysis and explanations for monthly reports
  • Create monthly financial presentations for division administration
  • Monitor inter-entity support for budget tracking
  • Assist in the annual operating budget build
  • Meet with managers to discuss departmental financial results
  • Partner with leadership on divisional strategic planning
  • Mentor financial analysts as needed

Benefits

  • Comprehensive benefits program designed to support employee health
  • Includes a top-tier prepaid tuition assistance program
  • Opportunities for professional growth and development
  • Commitment to employee engagement and mission-driven work
  • Supportive work environment prioritizing employee care
Full Job Description
Penn Medicine is dedicated to our tripartite mission of providing the highest level of care to patients, conducting innovative research, and educating future leaders in the field of medicine. Working for this leading academic medical center means collaboration with top clinical, technical and business professionals across all disciplines.

Today at Penn Medicine, someone will make a breakthrough. Someone will heal a heart, deliver hopeful news, and give comfort and reassurance. Our employees shape our future each day. Are you living your life's work?

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)

We believe that the best care for our patients starts with the best care for our employees. Our employee benefits programs help our employees get healthy and stay healthy. We offer a comprehensive compensation and benefits program that includes one of the finest prepaid tuition assistance programs in the region. Penn Medicine employees are actively engaged and committed to our mission. Together we will continue to make medical advances that help people live longer, healthier lives.

Live Your Life's Work

We are an Equal Opportunity employer. Candidates are considered for employment without regard to race, ethnicity, color, sex, sexual orientation, gender identity, religion, national origin, ancestry, age, disability, marital status, familial status, genetic information, domestic or sexual violence victim status, citizenship status, military status, status as a protected veteran or any other status protected by applicable law.

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

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