University of Rochester Sr Financial Analyst in Rochester, New York

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Full Time 40 hours Grade 055 Financial Services SMH

Responsibilities

*Job Summary: *

Responsible for the provision of required financial support activity and financial analysis for Primary Care Administration. Specific areas of responsibility include financial reporting, classification/reconciliation of accounts, budget development, and financial analytics and analysis. The individual shall identify adverse trends, investigate, and make recommendations to Senior Management to improve performance. Assists and performs month end Primary Care general ledger close for Highland Hospital practices and Strong Memorial Hospital practices, including preparation of month-end financial statements and month-end reports. Interface with external auditors throughout the year and provide information and documentation as required. Advanced knowledge of financial analysis techniques, general accounting theory and practices of the University and Highland Hospital accounting systems and policies and procedures.

Job Duties:

  • Financial Reporting, Analysis, and Monitoring for Primary Care Administration. This includes identifying trends and variances, resolving budgeted discrepancies, and assisting with year-end reporting and projections. Make recommendations on spending trends and cost savings areas. Generate internal monthly variance and budget reports. Create detailed reports from ledger system of both SMH and HH practices for analysis and reporting to senior management.Performs analysis necessary to ascertain accuracy and integrity of accounting data, account balances, and timeliness of reports. Supervises and reviews all activities/tasks performed by the bookkeeper IV/staff accountant. Review and approve all journal entries for the month end general ledger close for Primary Care practices at Highland Hospital and Strong Memorial Hospital.Includes reasonableness tests and analysis of data to confirm completeness and accuracy of the financial data.Reviews journal entries and reconciliations of ledger accounts prepared by staff accountant in order to confirm completeness and accuracy of data; uses judgment and analytic tools to confirm whether account balances are reasonable; examines accounting documents to ascertain that transactions are properly supported in accordance with University and Highland policy and procedures; initiates corrective action or recommends solutions as appropriate.
  • Responsible for recruiting, hiring, orientation, training, development and evaluation and management of staff supporting the PCN finance function.Assist with management of staff accountant in collaboration with Regional Administrative Director, PCN.Ensure annual staff mandatories are completed.Ensure adherence to policies and procedures.Conduct timely and thorough employee performance appraisals (end of probation, annual).Manages and approves staff requests for time off and overtime (if applicable).Maintain an “open-door” policy for staff.Manage staff firmly, fairly and consistently.
  • Annual Budget – Assist in the analysis, development, and submission for the Annual Operating and Capital Budget process. Acquisitions – creates proforma financial statements as potential acquisitions are identified.Once approved by Senior Leadership to move forward, will work with Acquisition team for a smooth transition – creating a budget for project and helping key areas track against budget, requesting the account number, guiding the acquisition team with a financial focused mindset (cost versus benefit analysis of each decision), facilitates payment to acquired offices with help from the Director’s Office or URMFG and Legal, consults with the billing team to help get offices appropriately set up in the billing system to facilitate billing and financial statement production. Works with the enrollment coordinator and medical director to facilitate contract renewals and/or contracts for new employees.Reviews contract details with coordinator to verify correct rate, FTE/contact hours and distribution accounts are applied.Helps facilitate agreement on terms of contracts between Highland Family Medicine and other departments within URMC that Primary Care providers may also share.
  • Interface with external auditors throughout the year and provide information and documentation as required.

Qualifications:

Bachelor's degree in Accounting and 3-5 years of relevant experience in a health care and/or University setting; or an equivalent combination of education and experience.

Working knowledge of Microsoft office, excel, word, and access. Excellent communication skills a must. Strong work ethic, ability to prioritize and strong organizational skills. Candidate must also have a professional, polished demeanor as a key representative of the Primary Care Department.

EOE Minorities/Females/Protected Veterans/Disabled

Job Title: Sr Financial Analyst

Location: Strong Memorial Hospital

Job ID: 201234

Regular/Temporary: Regular

Full/Part Time: Full-Time