Sr. Financial Analyst (Psychiatry & Behavioral Sciences)

Johns Hopkins University•Baltimore, MD

2d•Remote

About The Position

The Department of Psychiatry and Behavioral Sciences is seeking a Sr. Financial Analyst. This role focuses on financial performance of the department. The Sr. Financial Analyst will provide data and insights to inform leadership decision-making and support Departmental priorities. The Sr. Financial Analyst performs complex analysis and planning to assist management in establishing and controlling budgets, setting financial goals, making projections and meeting fiscal objectives. Performs financial and planning activities in support of various functions, e.g., budgeting, financial planning, revenue and expenditure monitoring against budget, reconciliations and changes, and consolidation. Extracts financial data from various accounting and information systems and generates reports. Performs complex statistical cost and financial analysis of reports and data and prepares reports for management to improve financial performance and compliance. Provides data-based recommendations on critical financial business decisions.

Requirements

Bachelor’s Degree in Finance, Accounting, Business or related field.
Five years of progressively responsible related financial experience.
Additional education may substitute for required experience and additional related experience may substitute for required education beyond a high school diploma/graduation equivalent, to the extent permitted by the JHU equivalency formula.
Strong analytical and modeling capabilities, including extensive knowledge of Microsoft Office products.

Nice To Haves

Experience with data visualization tools (e.g., Power BI).

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 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. Prepare and present budget proposals to senior management.
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.
Other duties as assigned.
Manage annual operating budgets under the Associate Administrator including annual entry, monthly variance reporting, and ad hoc financial analyses.
Produce monthly financial reports to track physician productivity metrics to support leadership decision-making.
Generate faculty recruitment business plans
Review and approve financial transactions, including purchases, payroll, and travel reimbursements.
Serve as the primary financial liaison for assigned units, guiding on all financial matters.