JR Financial Analyst Job at Sibley Memorial Hospital
JR Financial Analyst
Requisition #: 614876
Location: Sibley Memorial Hospital, Washington, DC 20016
Category: Finance
Work Shift: Day Shift
Work Week: Full Time
Weekend Work Required: No
Date Posted: Dec. 16, 2022
GENERAL SUMMARY: Under guidance from the Director of Budget and Cost Management, reports financial status by preparing and analyzing data from various financial systems.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
- To gain an understanding of the business aspects of an operation and to learn the Hospital’s various operation’s/program’s demand, market share, capacity, workload, utilization, standards, productivity, profitability, etc. In addition, to understand the value created when an operation/program consumes resources.
- To continuously, with Operations management, learn to monitor and assess events occurring in the environment for their economic consequence; to interpret their economic impact upon the operation/program; and to collaborate with management in planning to optimize the position of the organization given these events.
- To support management’s process which develops the annual operating and capital budgets so that they are consistent with the organization’s operating and clinical program plans; to support the derivation of complex calculations; and to formulate a recommendation to Finance management on the efficiency of a proposed budget given current and historical performance and approved plans.
- To analyze actual performance; to compare it with established budgets, plans and standards; to report and interpret the results for all levels of management; and to formulate recommendations for action and the prioritization of business matters.
- To consult with all levels of management responsible for policy concerning business operations as it relates to the attainment of objectives, the effectiveness of policies, organization structure, processes, procedures, and resource consumption; and to develop information on comparable operations in other organizations as a basis for comparison with internal operations.
- To develop ideas for possible improvement initiatives; to collaborate with Finance management in developing plans for improved performance; to structure and analyze complex decisions (business plans, new programs, capital vs. operating, make vs. buy, quality costs, etc.) and business transactions; to formulate a recommendation for business decisions; to support the implementation of business initiatives; and to ensure the timely evaluation of all business decisions implemented.
- To learn the principles of accounting, business, and financial management; to develop management’s understanding of the organization’s business policies and procedures; and to develop management’s capability to utilize information made available in routine and special reports.
- To prepare work plans that supports the completion of tasks.
- To structure, prepare, and interpret schedules, analyses, and reports for use in the decision making process.
- To participate as a team member on assigned organizational teams and to contribute a perspective to the effort that considers the economic factors, issues, and opportunities.
Minimum Education and Experience:
- A baccalaureate degree from an accredited college or university in Accounting, Business Management, Economics, Finance or a related field is required.
- A minimum of two years of relevant professional experience.
- Knowledge of the principles of accounting, budget management, and financial analysis is preferred.
- Proficient mathematical and analytical skills are required.
- Demonstrated effectiveness in problem solving is required.
- Effective oral and written communication skills to include formulating recommendations and conducting presentations for management are required.
Johns Hopkins Health System and its affiliates are an Equal Opportunity / Affirmative Action employers. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity and expression, age, national origin, mental or physical disability, genetic information, veteran status, or any other status protected by federal, state, or local law.
Johns Hopkins Health System and its affiliates are drug-free workplace employers.
We are committed to providing a healthy and safe environment for our patients, visitors and staff members. The Johns Hopkins Hospital has a tobacco-free at work policy. Employees must refrain from using any tobacco products during their work shifts — including while at lunch or on breaks, and whether they are on or off campus.
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