Financial Analyst - Baltimore, United States - Knewin

Knewin Baltimore, United States

2 weeks ago

Description

The Gynecology & Obstetrics team is seeking a

Financial Analyst

who will coordinate and participates in the development and monitoring of the budgeting and finance activities related to Obstetrics and Gynecology.

The Analyst will perform financial analysis to assist management in establishing financial goals and objectives. Perform financial and accounting activities in support of various functions, e.g., budgeting, auditing, financial planning, taxes and consolidation.

Extract financial data from various accounting and information systems to perform basic to moderately complex statistical, cost, and financial analysis of financial reports and data and prepares reports for management.

This individual will work closely with divisional faculty and administrators and the Department of Medicine Finance team.

Specific Duties & Responsibilities

Interpret data to evaluate and determine past financial performance and or making financial projections for management who must make an overall business decision.

Provide interpretation of accounts, methods and records for management.
Conduct studies of cost and financial results of business activities; recommend adjustments and other cost improvement measures.
Review costs and perform cost benefit analysis for projects and/or programs.
Produce financial reports for forecasting, trading and results analysis.
Provide reports, finding, and recommendation to management.
Assist with preparation of special studies, reports, analysis, and recommendations.
Recommend budget and adjustments and other cost improvement measures.
Use appropriate cost rates, such as indirect and benefit rates for proposed budgets.

Use financial systems, structures, and controls for a variety of processes that provide tracking, validation, billing, payment and debt reporting.

Recommend quality control and process improvements with regard to overall business process.
Review and assist with analysis of capital expenditures proposals, profit plans, operating records and financial statements.
Monitor departmental/divisional control salary, default accounts, and effort reporting.
Monitor, identify, and communicate over expenditures to faculty and administrative staff.
Make recommendations for resolving funding shortfalls.
Oversee simple to moderately complex budget accounts once award(s) have been granted or contract(s) signed.
Monitor expenditures of funds, ensuring that funds are expended according to sponsoring organizations stipulations.
Oversee the receipt of payments from sponsors.
May participate in the development of the payment schedule.
Keep abreast of laws and regulations that impact up to date compliance.
Apply a working knowledge of applicable laws and regulations.
Verify documents for completeness and compliance with government and private agencies.

Review and analyze a variety of financial transactions including, general funds and federal and private grants and contracts, as well as gift and discretionary accounts.

Use various software applications such as spreadsheets., relational databases, statistical packages to assemble, manipulate and format data.

Minimum Qualifications
Bachelor's Degree in Finance, Accounting, Business or related field.
Three years progressively responsible related financial/accounting experience.

Additional education may substitute for required experience and additional related experience may substitute for required education, to the extent permitted by the JHU equivalency formula.

Classified Title:
Financial Analyst

Job Posting Title (Working Title):Financial Analyst

Role/Level/Range:
ATP/03/PC

Starting Salary Range:
$53,300 - $93,500 Annually ($70,000 targeted; Commensurate with experience)

Employee group:
Full Time

Schedule:
Mon-Fri 8:00 am - 5:00 pm

Exempt Status:
Exempt

Location:
Hybrid: On-site 3-4 days a week

Department name:
SOM OB GYN General Administration

Personnel area:
School of Medicine

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