Senior Financial Analyst, Financial Operations

We are seeking a Senior Financial Analyst, Financial Operations . The School of Medicine Business Office Financial Operations team oversees the financial reporting for the School of Medicine (SOM or the School).

The department oversees development of financial reports associated with, but not limited to, profit and loss statements, revenue and expenses, accrual accounting, forecasting, trending, and benchmarking.

Assists with special projects as identified by the SOM Executive Director of Financial Operations and other SOM Leadership.

The position reports to the Associate Director of Financial Reporting and will be responsible for providing a wide variety of value-added financial services, with a focus on the School's clinical activities, to the Central SOM Finance Department, clinical departments, and executive management within the SOM and Johns Hopkins Medicine (JHM).

Specific Duties & Responsibilities

Coordinates

• Produces clinical analyses, GAAP (Generally Accepted Accounting Principles) financial statements, and conducts monthly close analysis and reporting.
• Meets with Financial Planning & Analysis (FP&A) and Faculty Practice Finance colleagues to ensure two-way communication, knowledge transfer, and a shared understanding around the preparation of SOM financial statements and subsequent schedules.

Specific duties will include the following

• Produce accurate and timely monthly financial reports.
• Prepare the monthly accounts receivable valuation, including preparation of the associated valuation journal entries.
• Provide support in development and preparation of various monthly revenue and expense, profit and loss analyses, including variance analysis, with a focus on clinical activity.
• Participate in the preparation of detailed financial projections.
• Contribute to the review and automation of reporting processes.
• Reconcile assigned balance sheet accounts using the Blackline software tool.
• Possess and display analytical competency in gathering and interpreting data; proficiency with financial reporting systems to build reports.
• Prepare various analyses associated with the SOM annual external audit by KPMG.

Applies

• Understands and applies the methodologies and assumptions associated with the accounts receivable valuation and how changes to inputs impact valuation results.
• Incorporates knowledge on GAAP, the close process, and other accounting concepts to discuss the timeline and preparation of financial statements, and ultimately prepare financial statements.

Creates / Prepares / Develops

• Prepares GAAP financial statements and monthly close analyses, reporting, and statements.
• Develops presentations for various JHM meeting venues regarding SOM finances.
• Assists in presenting financial information, either written or orally, to various JHM groups.

Analyzes / Interprets

• Monitors clinical revenue activity and understands key drivers of variances to budget in clinical revenue to include both professional fee and non-professional fee clinical revenues.
• Analyzes and produces GAAP and monthly close statements.

Manages

Manages the monthly accounts receivable valuation and the clinical revenue analysis for the school in support of the accurate and timely production of GAAP and monthly close statements.

Problem Solving

Reaches an understanding with the FP&A and Faculty Practice teams on the timeline and preparation of financial activities.

Thinking Critically

Determines the appropriate approach and timeline to clinical analysis and statement preparation.

Trains / Communicates

Communicates with and ensures that School and department colleagues are familiar with the statement preparation timeline and activities.

Collaborates

Partners with the Associate Director of Financial Reporting; other Accountants and Analysts; FP&A colleagues; Faculty Practice colleagues;

research colleagues; University Controller's Office colleagues; JHHS / JHM Finance colleagues.

Additional Knowledge, Skills, & Abilities

• Understanding of and commitment to the Johns Hopkins Medicine Mission.
• Strategic leadership, planning, change management, and process improvement skills.
• Highly motivated with the ability to assimilate job requirements and employ new methodologies.
• Appropriately prioritize tasks to meet various deadlines.
• Reliability and ability for self-direction and initiative.
• Ability to work as part of a team or independently, address problems, and adapt to a rapidly changing work environment.
• Ability to effectively interact with staff, including all levels of leadership across Johns Hopkins University & Medicine.
• Demonstrated knowledge of Microsoft Office products, including Word and PowerPoint.
• Strong customer service orientation and focus on details, accuracy and meeting pre-determined deadlines.

Minimum Qualifications

• Bachelor's Degree in Finance, Accounting, Business or a related field.
• Five years of progressively responsible related financial / accounting experience, preferably in a large and complex organization.
• Advanced Excel skills, with demonstrated knowledge of pivot tables, formulas and other functions, experience with other data reporting tools.
• Knowledge of Generally Accepted Accounting Principles.
• Proven communication, organizational, and analytic skills.
• Ability to analyze data for budgeting, operations, auditing, accounts receivable, and reserve analysis.

Preferred Qualifications

• Experience in preparing complex analysis with a focus on clinical revenues.
• Experience in preparing financial statements across multiple units.
• Working knowledge of SAP system.
• Licensed CPA .

Classified Title : Sr. Financial Analyst

Job Posting Title (Working Title) : Senior Financial Analyst, Financial Operations

Role / Level / Range : ATP / 04 / PD

Starting Salary Range : $62,300 - $109,000 Annually ($85,000 targeted; Commensurate with experience)

Employee group : Full Time

Schedule : 37.50

Exempt Status : Exempt

Location : Hybrid / School of Medicine Campus

Department name : SOM Admin Finance Operations

Personnel area : School of Medicine