Senior Financial Analyst

American College of Physicians•Philadelphia, PA

1d•Hybrid

About The Position

The Finance Division of the American College of Physicians (ACP) is hiring a Senior Financial Analyst for its Financial Planning, Analysis and Payroll department. The role ensures that daily budget and financial analysis operations function efficiently, collaborates with College staff on budget, analysis, and forecasting matters, and provides detailed reports for senior management. The position is hybrid, with two days on-site, and is located in ACP’s Philadelphia office. The Senior Financial Analyst assists with the annual budget cycle, including preparation of the upcoming fiscal year’s budget, current-year reporting, and quarterly forecasts. The role supports development of College-wide budget assumptions, prepares budget calendars and instructions, and produces summaries of operating and capital budgets. It reviews monthly financial reports and quarterly forecast submissions, analyzes revenue and expenses across product lines, and prepares fiscal year-end projections for CFO review with upper management. The position also reconciles budget data in the ERP system (currently Sage) with a network-based Excel spreadsheet system, consolidates annual and phased budgets, and prepares budget downloads. It contributes to presentations for the Financial Policy and Audit Committee, Board of Regents, and senior staff, and provides day-to-day oversight of the Staff Budget Accountant while reviewing assigned budget and reporting work.

Requirements

Bachelor’s degree in Accounting or Finance.
Knowledge of generally accepted accounting principles (GAAP) and Financial Accounting Standards Board (FASB) pronouncements.
Knowledge of cost and management accounting concepts and financial reporting techniques.
Advanced Excel skills and familiarity with AI (CoPilot).
Ability to develop analysis and reports on various budgetary issues.
Ability to understand accounting, financial, and budgetary methodologies and recommend, develop, implement, or enhance the College’s budget practices.
Excellent oral and written communication skills for interacting with all levels of College staff.

Nice To Haves

MBA or CPA.
Five or more years of experience with an automated budget/accounting system.

Responsibilities

Assist in coordinating the annual budget cycle, including preparation and enhancement of the upcoming fiscal year’s budget, accurate current-year reporting, and quarterly forecasts.
Assist the CFO and Director of Financial Reporting in developing assumptions for the College-wide budget.
Prepare the annual budget calendar and instructions for budget managers and liaisons.
Prepare executive summaries of operating and capital budgets for prior, current, and future fiscal years as required.
Review monthly financial reports and statements and prepare executive summaries for senior management.
Provide detailed revenue and expense analysis for all product lines.
Review and analyze quarterly forecast submissions from College staff.
Work with the Director of Financial Planning to provide a summarized fiscal year-end projection for the CFO’s review with upper management.
Reconcile budget data in the ERP system, currently Sage, with the network-based Excel spreadsheet system.
Consolidate annual and phased budgets and prepare corresponding budget downloads.
Contribute to PowerPoint presentations for the Financial Policy and Audit Committee, Board of Regents, and senior staff.
Provide oversight to the Staff Budget Accountant on day-to-day activities and review assigned budget and reporting work.