Senior Financial Accountant II

Oklahoma Blood Institute•Oklahoma City, OK

About The Position

Our Blood Institute is seeking an experienced accounting and finance professional to serve as a key resource for accounting policy implementation, financial analysis, annual planning, forecasting, budgeting, and quarterly variance analysis. The position combines technical accounting expertise with financial planning and analysis (FP&A). It analyzes financial statements, general ledger activity, operating results, productivity, manufacturing costs, and yields to identify trends, risks, cost-saving opportunities, and ways to improve revenue and organizational performance. The role translates complex financial information into clear, actionable recommendations for executives and leadership and serves as a financial resource across the organization. The position is based in Oklahoma City, Oklahoma, and pays a competitive salary beginning at $85,000 or based on education and/or experience. A $500 bonus is offered after six months and a $1,000 bonus after one year. The schedule is Monday through Friday, 8:00 a.m. to 5:00 p.m., although hours may vary. A CPA is required.

Requirements

  • Bachelor's and master's degrees in Accounting, Finance, or a related field.
  • Active CPA license; required for consideration.
  • At least five years of progressive accounting experience.
  • Extensive knowledge of accounting methods used to maintain and analyze all classes of accounts in a computerized, double-entry accrual accounting environment.
  • Strong understanding and application of GAAP.
  • Experience with technical accounting standards affecting the organization, including ASC 606, ASC 842, and CECL.
  • Experience preparing tax returns, including IRS Form 990.
  • Experience with automated financial planning and analysis software.
  • Strong financial modeling, forecasting, budgeting, and variance-analysis skills.
  • Experience preparing financial statements and supporting external audits.
  • Ability to trace transactions from initial entry through final disposition and determine appropriate accounting treatment.
  • Ability to prepare and review journal entries and resolve accounting discrepancies.
  • Advanced spreadsheet and financial analysis skills.

Responsibilities

  • Lead the annual financial planning and budgeting process; prepare monthly and annual forecasts and analyze actual results against forecasts and plans.
  • Manage monthly and quarterly budget variance processes using financial planning and budgeting software; prepare and upload budgets for review and document significant revenue and expense variances.
  • Develop financial models using benchmarking, historical performance, operational data, and process analysis.
  • Establish and monitor key performance metrics, identify trends and gaps, and facilitate corrective actions.
  • Analyze productivity, manufacturing costs, yields, and other operational drivers; provide actionable insights to the CFO and Corporate Controller.
  • Identify cost-saving opportunities, communicate recommendations to executive leadership, and track progress toward planned reductions.
  • Prepare monthly profitability reports and other financial and operational analyses.
  • Prepare and interpret financial and statistical reports, charts, executive-level summaries, and monthly financial statements, including comparative balance sheets, revenue and expense statements, cash flow statements, departmental expense statements, and supporting schedules.
  • Analyze financial results and forecasts and provide business and financial recommendations to leadership.
  • Present financial information at executive and leadership meetings; prepare financial reports for related-organization boards of directors.
  • Develop annual operating budgets and support board-level financial planning and investment manager relationships.
  • Monitor current and historical financial performance to help leadership understand future financial implications.
  • Support implementation of new accounting standards in coordination with external auditors and finance staff; research, interpret, and apply GAAP and accounting standards to transactions and financial reporting.
  • Prepare financial information and audit schedules related to ASC 606, ASC 842, CECL, and other applicable standards.
  • Review accounting transactions and identify opportunities to strengthen internal controls; analyze general ledger accounts and determine appropriate accounting treatments and journal entries.
  • Investigate discrepancies and determine appropriate corrective actions.
  • Prepare financial statements and IRS Form 990s for related organizations while ensuring compliance with applicable requirements.
  • Assist with the annual financial audit, including work papers, adjusting entries, supporting schedules, and financial records; coordinate year-end audit activities with the Controller, CFO, external auditors, and finance team.
  • Partner with department leaders and directors to develop financial analyses and identify cost-reduction and efficiency opportunities; provide financial guidance for organizational decision-making.
  • Maintain strict confidentiality of financial information and investment decisions.
  • Serve as a backup resource to the Corporate Controller and CFO on critical organizational responsibilities, including during extended absences.
  • Serve as a backup signatory for checks, wire transfers, and payroll-related payments.
  • Oversee end-user administration for budgeting and finance systems, ensuring appropriate security and access levels.

Benefits

  • Health insurance
  • Dental insurance
  • Vision insurance
  • Life insurance
  • Long-term disability insurance
  • 401(k)
  • Paid time off
  • $5,000 annual tuition reimbursement
  • Holiday pay
  • $500 bonus after six months
  • $1,000 bonus after one year
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