Sr. Financial Analyst

We are seeking a Sr. Financial Analyst responsible for providing direct support to the Financial Manager, Director of Financial Operations and Associate Dean for Finance and Administration. Reports directly to the Financial Manager.

General Duties and Responsibilities. Perform financial analysis and planning to provide leadership with data and recommendations that will be used to make strategic financial decisions and to establish financial goals and objectives. Perform financial and planning activities in support of various critical functions including the annual budgeting process, preparation of quarterly projections, and financial planning and analysis. Extract financial data from various accounting and information systems to perform financial analyses of financial reports and data and prepare subsequent narrative analysis for presentation to leadership.

Specific Duties & Responsibilities

• Prepare financial reports for budgeting, forecasting, trend analysis and variance analysis of actual results. Assist with preparation of special studies, reports, analyses, and recommendations.
• Interpret data, and review data prepared by others, to evaluate and determine past financial performance and/or making financial projections and assist management in making overall business decisions.
• Develop budgets and budget projections based on a knowledge of funding sources by performing calculations and analyses, generating standard reports, and applying approved processes and procedures.
• Create budget narratives to summarize results of various operating units for leadership.
• Manage monthly, quarterly, and fiscal year-end close processes. Submit routine entries related to the closing process including accruals, deferrals, and other closing entries. Prepare reports and analyses to evaluate results and to identify potential variances.
• Create new funds, cost centers and accounts as needed. Review chart of accounts and account hierarchies regularly and close old, inactive accounts annually.
• Communicate with appropriate internal and external administrative and financial offices to ensure that established financial procedures are followed. Provide instruction and answer questions relative to fiscal procedures.
• Work to identify areas where financial processes can be enhanced or revised and work with leadership to develop procedures to improve processes.
• Create, document, and update Standard Operating Procedures for areas relative to the role. Create and implement new processes wherever gaps in processes are identified.
• Communicate and meet with certain faculty and budget owners on a quarterly basis to walk through year-to-date financial results, to update projections, and to walk through account balances and available funding Review effort and the controlled salary account in accordance with SON policy and in coordination with the Nursing Office of Research Administration (NORA) to ensure that the appropriate accounts and amounts are being charged. Clear out the controlled salary account on a monthly basis. Complete non-payroll and payroll cost transfers as needed to ensure correct expenses are charged to the appropriate accounts.
• Work with the office of Clinical Placements to provide necessary effort and salary information related to faculty practice contracts. Ensure that all third parties are invoiced regularly, in accordance with the executed contracts.
• Provide tuition revenue calculations and projections. Provide tuition calculations to the SEAM student accounts team and ensure charges are accurately billed to students each semester. Review and approve sample tuition calculations generated by SEAM each semester for accuracy.
• Oversee SIS revenue – investigating and resolving any issues related to student charges and billing that arise, in coordination with SEAM.
• Process departmental graduate aid (DGA) and preceptor’s tuition credits each semester. Process tuition credits or adjustments as necessary.
• Process tuition remission entries for various programs.
• Resolve Goods Receipt/Invoice Receipt clearing account imbalances on a monthly basis.
• Carefully map security and workflow for JHSON SAP users and submit ZSR’s as needed.
• Approve University Position Requests using the Organizational Management Tool (OMT) on regular basis.
• Verify accuracy of student health insurance charges and the University Health Services fee each semester. Reconcile enrollment reports to lists of students enrolled/waived each month to ensure students are enrolled in insurance and are charged in accordance with criteria set by JHSON.
•  Work with SEAM Student Accounts regarding billing and refunds for SON students regarding Insurance and other JHSON fees. Provide monthly updates on student billing/insurance issues.