Sr. Financial Analyst (School of Medicine - Central Finance)

About the role

The Sr. Financial Analyst at the Johns Hopkins University School of Medicine is responsible for performing complex analysis and planning to assist management in establishing and controlling budgets, setting financial goals, making projections and meeting fiscal objectives.

Responsibilities

• Interpret data, and review data prepared by others, to evaluate and determine past financial performance and/or make financial projections and assist management in making overall business decisions.
• Analyze, coordinate and consolidate departmental financial information for the development of the department/divisional annual operating and/or capital budgets and five-year plan.
• Analyze, extract, and define relevant complex financial data; plan and conduct complex studies to determine cost and financial results of business activities and improve the operational and financial effectiveness of the unit, department, or division.
• Review financial needs and explore alternative financing methods.
• Make budget adjustments and implement cost improvement measures.
• Use appropriate cost rates, such as indirect and benefit rates for proposed budgets.
• Create financial systems, structures, and controls for a variety of processes that provide tracking, validation, and reporting.
• Implement quality control and process improvements for overall business process.
• Review proposed operating and financial plans, including proposed program increases, estimated costs and expenses to finance proposed programs. Recommend course of action to improve financial performance.
• Evaluate and analyze capital expenditures proposals, profit plans, operating records and financial statements.
• Oversee moderately complex to complex budget accounts. Provide oversight for the expenditure of funds, ensuring that funds are expended appropriately and advise stakeholders on required action to resolve funding shortfalls.
• Keep abreast of laws and regulations that impact compliance and act as a resource for administrative and financial staff.
• Utilize comprehensive knowledge of applicable laws and regulations and the university's financial accounting system to ensure internal and external compliance.
• Use various software applications, such as spreadsheets, relational databases, statistical packages, and graphics packages to assemble, manipulate and/or format data and/or reports.
• Manage key components of the monthly and year-end close process, including journal entries and variance analysis.
• Apply GAAP and funds management principles to ensure accurate, compliant financial reporting.
• Maintain and enforce internal controls related to non-sponsored financial master data and funds management policies.
• Serve as a subject matter expert for reconciling and analyzing financial transactions.
• Serve as a resource for finance colleagues by providing guidance and training on accounting processes and compliance requirements.
• Review and approve master data requests, train departments on internal processes and compliance standards.

Qualifications

• Bachelor’s Degree in Finance, Accounting, Business or related field.
• Five years of progressively responsible related financial experience.
• Experience with applying Generally Accepted Accounting Principles.

Preferred Qualifications

• Experience in preparing financial statements across multiple units.
• Working knowledge of SAP system and/or Workday.
• Experience with other data reporting tools, such as Tableau.