Financial Analyst Senior

Location: 95 Old Short Hills Road, West Orange, NJ 07052

Status: Full-Time, Salaried | Shift: Day

Pay Range: $84,022.00 - $105,028.00 per year

About the Role

The Senior Financial Analyst will generate standard and custom financial and productivity reports. They will verify data and maintain accurate system information. They will be the primary budget and financial reporting resource for all clinical divisions/departments within the Academic and/or CINJ professional enterprise.

Responsibilities

• Analyze monthly results vs. budget and provide feedback to clinical division/department leadership on opportunities
• Work with Corporate Accounting to prepare adjusting journal entries as necessary for either actual or budget timeseries within the health system financial reporting systems (Strata and Peoplesoft)
• Prepare annual budgets for the health system academic clinical enterprise, including maintaining staffing grids, position control, and other expenses
• Assist department leadership with statistical budgeting at provider level to support benchmarking initiatives
• Assist with maintaining cFTE data points for all clinical providers within the Academic and/or RCI practices
• Verify accuracy of data on a regular basis in conjunction with physician compensation and clinical leadership
• Prepare proforma analysis in conjunction with clinical leadership related to capital spending needs
• Calculate ROI and assist with SBAR items as necessary
• Prepare standard financial impact analysis in conjunction with division/department leadership for clinical enterprise FTE requests related to replacements, upgrades, downgrades, and net new requests
• Support PRRC and Workforce processes for assigned divisions
• Handle confidential information discreetly
• Perform other duties as assigned or directed by management

Requirements

• Bachelor’s Degree in Finance, Accounting, Economics, Business Administration, or related field required
• Master’s degree strongly preferred
• At least 3-5 years of experience working as a financial, budget, or business analyst required
• Prior knowledge of industry benchmarking data (MGMA, AMGA, etc.) and CMS physician coding/billing/wRVU guidelines preferred

Skills

• Demonstrated ability to take on increasing responsibility in a fast-paced environment
• Progressive experience working as part of a team and as an individual
• Proficient in Microsoft Office with advanced skills in Excel (Pivot tables, conditional statements, and v-lookups required)
• Excellent written and oral communication skills
• Ability to understand internal and external financial reports to develop meaningful analysis for leadership
• Ability to communicate and work effectively with a diverse group of business professionals at all levels of the organization, including management, physicians, operations, and business development
• Ability to prioritize and meet multiple deadlines effectively
• Strong attention to detail
• Maintaining strict confidentiality of files and reports

Benefits

• Paid Time Off including Vacation, Holidays, and Sick Time
• Retirement Plans
• Medical and Prescription Drug Insurance
• Dental and Vision Insurance
• Disability and Life Insurance
• Paid Parental Leave
• Tuition Reimbursement
• Student Loan Planning Support
• Flexible Spending Accounts
• Wellness Programs
• Voluntary Benefits (e.g., Pet Insurance)
• Community and Volunteer Opportunities
• Discounts through partners such as NJ Devils, NJ PAC, and Verizon