Financial Analyst II

Hackensack Meridian Health•Iselin, NJ

22d•Hybrid

About The Position

The Financial Analyst II is responsible for compiling and analyzing financial information related to assigned areas (i.e. corporate affiliates, physician services, partner companies, management service agreements ('MSA'), partnerships, etc.). Will work closely with Physicians, Administrative Directors, the Legal Department, and the Executive Office on various analyses, projections, annual capital and operating budgets, and reconciliations as appropriate and applicable. Job responsibilities include all financial aspects of Hackensack Meridian Health's (HMH) goals, which also include all operational matters affecting the preparation and reporting of monthly financial statements, budgeting, audit coordination, internal controls compliance, PeopleSoft general ledger build & maintenance, and oversight on outsourced accounting functions. This is a Hybrid Position - it requires to be in the office once a month and more frequently during the budget, which can be few times a week

Requirements

Bachelor's degree in Accounting or Finance.
Minimum of 2 years of progressive experience in accounting &/or 1 year of public accounting.
Demonstrated knowledge and application of GAAP.
Excellent analytical skills.
Must be highly computer literate, including advanced use of Excel.
Must be able to establish effective working relationships with Senior Management and Staff at all levels of the organization.

Nice To Haves

MBA.
Certified Public Accountant (CPA).

Responsibilities

Applies GAAP in carrying out core responsibilities of all assigned duties and special projects.
Consistently and timely communicates with applicable HMH departments, outside Accounting Firms, etc. regarding all inquiries. Timely prepares and communicates the results of reconciliations and analyses to all parties involved.
Supports and enables the monthly financial close process. Prepares monthly financial statements for each of assigned areas. Compiles financial and statistical information as part of monthly Finance Committee package.
Explains monthly and year-to-date variances and fluctuations (actual-to-budget / actual-to-prior year) using statistical, financial, and operational data.
Prepares detailed work papers and support for monthly journal entries. Prepares reconciliations of all balance sheet and income statement accounts. Reconciles all intercompany transactions and ensures proper elimination upon consolidation.
Properly calculates and records HMH's investment in subsidiaries. Records and reconciles all due to and due from accounts within assigned areas.
Reviews month-end financial and statistical reports prepared by outside accountants for accuracy.
Provide financial analysis support services to other functional areas within HMH.
Other duties and/or projects as assigned.
Prepares change requests, validates and maintains tracking logs for EPIC billing systems -- new providers, and new departments. Maintains directory change for the PSD, works to integrate legacy documents into single source. Prepares, validates and communicates changes related to PeopleSoft and Lawson GL set up. Ensures changes are communicated to operations, IT and key finance users.
Prepare summaries of all key contract changes to Regional Administrators, physician leaders and finance teams for processing into MyWay. Tracks that all physician changes are properly made in legacy and MyWay systems. Prepares payroll adjustment requests for all new contract amendments. Trains/assists leaders in processing changes.
Adheres to HMH Organizational competencies and standards of behavior.