We are seeking a Financial Analyst who manages/processes financial transactions including clinical, joint agreement, funds, general funds, and gift and discretionary accounts for five SOM Departments (Surgery-Orthopedics-Urology-Head and Neck Surgery-Plastics Surgery) and one JHH functional unit (Surgery). Assists in the development of the annual Departmental budget and projection. Generates monthly financial reports and monitors revenues and expenditures for various business lines, including, but not limited to clinical funds, designated and discretionary funds, affiliated institution funds and general funds against budget. Performs comprehensive financial analysis relating to business or research trends to improve Departmental financial effectiveness and compliance with JHU.
Specific Duties & Responsibilities
Compiles, analyzes and distributes monthly budget to actual reports to each department.
Compiles, analyzes and distributes monthly pro-fee charge and revenue reports and OR Case Volume reports, physician dashboards to each department.
Compiles, analyzes and distributes monthly reports on physician practices in the community hospitals.
Monitor and approve departmental expenditures throughout the fiscal year. On a monthly basis review and reconcile expenditure statements for the division's clinical, gift and discretionary accounts.
Perform variance analysis on assigned accounts. Monitors accounts throughout the Departments for material variances.
Prepares ad hoc reports and analysis of clinical activity (financial, utilization, productivity, staffing, billing etc.)
Submit monthly financial transactions such as KB15N's, journal entries, and non-payroll cost transfers within the Department and with JHH.
Monitor control salary on a monthly basis. Prepare and processes e-forms needed to reduce control salary.
Communicate and appropriate internal and external administrative offices to ensure that established procedures are followed. Provide instruction and answer questions relative to budget procedures and serve as liaison between Administration, and other unit areas.
Monitor and process transactions to correct Departmental Default accounts.
Reconcile faculty and staff payroll on a monthly basis.
Reconcile non-sponsored accounts on a monthly basis.
Assists in preparation of Department's annual operating budget.
Coordinates and participates in the development of unrestricted funds budgets, including revenues and gift accounts.
Monitors expenditures throughout the budgetary period and identifies and communicates over expenditures to faculty and administrative staff.
Report appropriate clinical practice indicators to monitor faculty and staff performance to include, staff productivity, space utilization, physician cancellation rates, show rates, cost per unit comparisons, patient satisfaction, employee satisfaction, etc.
Perform other duties as required.
Customer Service & Teamwork Expectations
Is courteous and pleasant in person and on the telephone with coworkers, patients, visitors, and supervisors. Utilizes proper telephone etiquette.
Functions as a team player and works to maintain harmonious working relationships with coworkers, peers and supervisors.
Recognizes where coworkers need assistance and takes initiative to help.
Scope of Responsibility
Know the formal and informal divisional goals, standards, policies and procedures.
Familiarity with the departments within University Administration and the academic divisions.
Is sensitive to the interrelationship of both people and functions within the department, division, University and Hopkins Enterprise.
Decision Making
Carry out duties and responsibilities with limited supervision and at the direction of senior team members. Make decisions and establish work priorities on procedure-oriented operations.
Understand management question being asked and develop an analysis necessary to address the question (or appropriately modify the question so that the results are useful for decision-making).
Minimum Qualifications
Bachelor's Degree in Finance, Accounting, Business or related field.
Three years progressively responsible related financial/accounting experience.
Additional education may substitute for required experience and additional related experience may substitute for required education, to the extent permitted by the JHU equivalency formula.
Classified Title: Financial Analyst Working Title: Financial Analyst Role/Level/Range: ATP/03/PC Starting Salary Range: $52,230-$71,890-$91,550 Annually (Commensurate with experience) Employee group: Full Time Schedule: M- F 8:30 - 5:00 Exempt Status: Exempt Location: Hybrid Department name: 10003193-SOM Sur Finance East Baltimore Personnel area: School of Medicine
Total Rewards The referenced salary range is based on Johns Hopkins University's good faith belief at the time of posting. Actual compensation may vary based on factors such as geographic location, work experience, market conditions, education/training and skill level. Johns Hopkins offers a total rewards package that supports our employees' health, life, career and retirement. More information can be found here: https://hr.jhu.edu/benefits-worklife/
Please refer to the job description above to see which forms of equivalency are permitted for this position. If permitted, equivalencies will follow these guidelines: JHU Equivalency Formula: 30 undergraduate degree credits (semester hours) or 18 graduate degree credits may substitute for one year of experience. Additional related experience may substitute for required education on the same basis. For jobs where equivalency is permitted, up to two years of non-related college course work may be applied towards the total minimum education/experience required for the respective job.
**Applicants who do not meet the posted requirements but are completing their final academic semester/quarter will be considered eligible for employment and may be asked to provide additional information confirming their academic completion date.
The successful candidate(s) for this position will be subject to a pre-employment background check. Johns Hopkins is committed to hiring individuals with a justice-involved background, consistent with applicable policies and current practice. A prior criminal history does not automatically preclude candidates from employment at Johns Hopkins University. In accordance with applicable law, the university will review, on an individual basis, the date of a candidate's conviction, the nature of the conviction and how the conviction relates to an essential job-related qualification or function.
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