Financial Associate - BIDMC Neurology
About The Position
When you join the growing BILH team, you're not just taking a job, you’re making a difference in people’s lives. Job Summary: Performs financial and administrative functions for the division or department. Job Description: Essential Responsibilities: Monitors revenue and expenses for multiple accounts in the division. Reconciles billing revenue with P&L statements, monitors variances, and prepares reports for monthly submission and as needed. Assists in the preparation of the division's operating budgets; maintains records on expenses to be budgeted. Monitors funds and activities, including account reconciliation, prepares transfer requests, creates invoices, reviews accounts payable, processes deposits, and tracks fund balances. Communicates accounting policies and procedures and verifies the appropriateness of accounts assigned for pending transactions. Assists with the collection and analysis of data, which requires extracting data, data entry, and formulating reports for management. Coordinates with Accounts Payable, Purchasing, and Finance Departments to ensure accurate and timely accrual, allocation, and payment. Compiles financial information and assists in the preparation and explanation of reports from multiple systems and databases. Uses various software applications such as spreadsheets, statistical packages, and graphics to assemble and format data in a user-friendly manner. Provides financial results for users who must make sound business decisions.
Requirements
- Associate's degree required. Bachelor's degree preferred.
- 1-3 years of related work experience required.
- Accounting or finance experience.
- Experience with computer systems required, including web-based applications and some Microsoft Office applications, which may include Outlook, Word, Excel, PowerPoint, or Access.
Nice To Haves
- A degree in business administration, accounting, or finance.
- Experience in healthcare
Responsibilities
- Monitors revenue and expenses for multiple accounts in the division.
- Reconciles billing revenue with P&L statements, monitors variances, and prepares reports for monthly submission and as needed.
- Assists in the preparation of the division's operating budgets; maintains records on expenses to be budgeted.
- Monitors funds and activities, including account reconciliation, prepares transfer requests, creates invoices, reviews accounts payable, processes deposits, and tracks fund balances.
- Communicates accounting policies and procedures and verifies the appropriateness of accounts assigned for pending transactions.
- Assists with the collection and analysis of data, which requires extracting data, data entry, and formulating reports for management.
- Coordinates with Accounts Payable, Purchasing, and Finance Departments to ensure accurate and timely accrual, allocation, and payment.
- Compiles financial information and assists in the preparation and explanation of reports from multiple systems and databases.
- Uses various software applications such as spreadsheets, statistical packages, and graphics to assemble and format data in a user-friendly manner.
- Provides financial results for users who must make sound business decisions.
Benefits
- As a health care organization, we have a responsibility to do everything in our power to care for and protect our patients, our colleagues and our communities.
- Beth Israel Lahey Health requires that all staff be vaccinated against influenza (flu) as a condition of employment.
- More than 35,000 people working together. Nurses, doctors, technicians, therapists, researchers, teachers and more, making a difference in patients' lives.
- Your skill and compassion can make us even stronger.
- Equal Opportunity Employer/Veterans/Disabled
- At Beth Israel Lahey Health, we are driving the change in health care that Massachusetts wants and needs.
- Our culture promotes continuous learning, growth, innovation and a sense of belonging.
- We make it a priority to offer comprehensive compensation and benefits and help you achieve a healthy and balanced life.
- While you're busy caring for and supporting our patients, we take care of you.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
Associate degree
