Senior Financial Analyst Post Award Operations

Banner Health

$80K — $95K *
Healthcare
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Finance, or Business Administration.
  • 3-4 years of experience in healthcare financial management or analysis.
  • Strong analytical and organizational skills with the ability to manage multiple priorities.
  • Proficiency in Excel and financial modeling techniques.
  • Excellent communication skills for interacting with various stakeholders.

Responsibilities

  • Create and update financial forecast reports for research departments.
  • Prepare month-end journal entries and assist with month-end close activities.
  • Perform reconciliations and support accounting needs for research departments.
  • Analyze statistics and financial information to prepare accurate reports.
  • Educate non-financial staff on financial tools and report functionalities.
  • Assist with financial modeling for special projects as assigned.
  • Interface with various departments and external agencies for data gathering.

Benefits

  • Hybrid work location in Arizona.
  • Opportunity to work with cutting-edge financial processes in healthcare.
  • Supportive and collaborative team environment.
  • Engagement with multidisciplinary teams and external stakeholders.
Full Job Description
Primary City/State:
Phoenix, Arizona

Department Name:
Facility Finance-Rsrch

Work Shift:
Day

Job Category:
Finance

We are seeking a Senior Financial Analyst to be part of this important and exciting work at Banner Alzheimer's Institute. In your role as a Senior Financial Analyst, you will primarily be responsible for creating/updating financial forecast reports for research departments, month-end journal entries, and assisting with post-award grant activities. The role requires strong Excel skills, an ability to work independently, and demonstrated strong analytical aptitude. This role will also assist with reconciliations and interface with Finance Operations and Sponsored Projects teams. We are seeking someone who is a team player and can see the bigger picture as well as understand the detail.

Daily tasks can include:
  • Support the accounting needs for research departments at BAI
  • Preparing and presenting financial forecasts
  • Involvement in month-end close
  • reconciliations and journal entry preparation
  • Ability to read and understand grant contracts and notice of awards, including terms and conditions


Location- Hybrid, AZ

POSITION SUMMARY
This position is responsible for providing coordination and/or collection of relevant financial data to prepare and interpret financial reports for management in an accurate and timely manner. This position provides maintenance/updates as necessary to ensure the integrity of assigned financial systems and databases.

CORE FUNCTIONS
1. Gathers data from various sources to document and analyze statistics and financial information necessary to complete projects in assigned area. Generates various monthly or bi-weekly financial reports or ad hoc reports that enable management to control and analyze operations.

2. Works with management and staff of various departments to assist with financial data gathering and/or interpretation. Ensures accuracy of financial information systems and maintenance of reporting. Ensures the integrity of statistical files and databases used for financial reporting.

3. Works with other analysts to manage key financial processes within the organization (including operating budgets, forecasts program reporting and analysis, charge management, cost accounting, decision support and reimbursement analysis).

4. Provides financial modeling resources for special projects assigned to the department by management for analysis. Brings strength in logic and analysis of data, sorts through data and determines which elements are useful or pertinent to the assigned project. Identifies outliers and recognizes trends, presents data and analysis results to appropriate parties.

5. Prepares timely and accurate reports and presentations for state and federal agencies, administration and corporate to satisfy mandated reporting requirements policy, law or management. Maintains accurate statistical, contractual or other financial databases, as assigned.

6. Assists in identification and implementation of operating improvements and efficiencies by identifying important trends and variances through the review of management reports and financial analysis. Educates users of the assigned financial reporting system on the utilization of reports and the functionality of those reports.

7. Provides education on available financial tools and resources and provides learning to non-financial staff so they can break down analysis in simple terms.

8. Assignments located in the Western region will have regional accountability and will provide financial analysis support for multiple facilities within the Western Region.

9. Uses specialized knowledge to analyze information and solve business problems. Works independently under general supervision. Provides management with accurate and timely information necessary to effectively manage financial operations for revenues in excess of $300m annually. Consults internally with Department Directors, Administration, Data Operations, Financial Services Department Personnel and Banner Health System personnel. Works with State governmental agencies, colleagues as other healthcare facilities, professional organizations and outside vendors. Assignments with in the Western Region will have regional scope and accountability.

MINIMUM QUALIFICATIONS

Requires a Bachelor's degree in Accounting, Finance or Business Administration or equivalent experience.

Requires a proficiency level typically attained with three to four years of experience in healthcare financial management/analysis work. Must have excellent analytical and organizational skills and the ability to manage multiple priorities with changing needs and deadlines. Requires excellent human relations skills and the ability to effectively interact and communicate both verbally and in writing with all levels staff and outside professionals.

Requires strong abilities in statistical analysis, data interpretation, computer software applications, database and spreadsheet programs, plus a proficiency in financial modeling techniques to generate management reports, projections, allocations, and analyses.

PREFERRED QUALIFICATIONS

Additional related education and/or experience preferred.

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