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Job Req ID:  88657

Financial Analyst

We are seeking a Financial Analyst who is responsible for the daily management of the financial activities for the Department of Otolaryngology, as well as coordinating and overseeing budget activities related to departmental and sponsored budgets. The position provides complex in-depth financial analyses and accounting activities in support of various functions, e.g., budgeting, auditing, financial planning, taxes and consolidation. The position is tasked with enforcement of University and Government policies as they relate to financial transactions. 

 

Specific Duties & Responsibilities:

Financial & Operational Analysis (40%)

  • Perform financial analysis to assist management in establishing financial goals and objectives.
  • Create complex monthly package of financial variance analysis reports.  Develop monthly statistical analysis, and discuss budget variances with upper management. 
  • Generate and analyze reports including but not limited to: All Funds summary, General operating, clinic, discretionary and sponsored reports.
  • Participate in annual budget planning process, including required department projections. Must analyze budget patterns, project expenditures and prepare approved budget.
  • Analyze complex financial data, define relevant information, interpret data and report findings to the management.  Identify budget issues, provide alternative solutions and resolve problems as required.
  • Develop and assist in department yearly bonus model for all providers and submit year-end account transfers.
  • Maintain and monitor departmental dowry, endowment and gift accounts, monitor account revenue and expenditures.
  • Monitor and communicate budget expenditures to faculty, division directors and admin staff as required.
  • Assist in preparing year-end reporting of Divisional financial performance.
  • Review and perform cost benefit analysis on all areas within the Division.
  • Coordinate business plans for major capital projects to ensure financial capacity.

 
Process Management (30%)

  • Prepare monthly financial statements and analyses of variances.
  • Identify opportunities to improve business processes, maximize efficiency and shape performance metrics
  • Prepare and refine financial forecasting models in support of evolving programs and strategy decisions.
  • Assist in the year-end financial close-out process.
  • Communicate with internal and external administrative offices to ensure established procedures are followed.
  • Develop, maintain and execute regular training programs related to financial matters for faculty and staff.
  • Keep abreast of laws, regulations and internal policies that apply to departmental financial transactions and projects.
  • Facilitate access to appropriate financial and administrative systems as requested.

 
Planning & Compliance (15%)

  • Partner with departmental leadership and finance staff to develop fiscal policies and practices that are clear, consistent and in line with university and regulatory policies and guidelines.
  • Recommend budget adjustments and other cost improvement measures.
  • Lead the development of the annual budget plan and allocations, and present the proposed plan to senior leaders for review and approval.
  • In partnership with finance team, design and facilitate budget management workshops.  
  • Perform other duties as assigned

 

Transactional Activity (10%)

  • Handle cost transfers and non-payroll cost transfers.
  • Perform reconciliations and audits to ensure that transactions are complete and accurate.
  • Provide assistance and serve as a backup for Review, approval and monitoring of invoices, travel reimbursements, shopping carts, purchase orders and journal entries on a day-to-day basis in SAP in accordance with University policies and procedures.

 

Sponsored Projects (5%)

  • Provide assistance and serve as a backup to assist faculty with development and reporting of sponsored project budgets.
  • Provide assistance with the monitoring and analysis of the financial activity of awarded grants.
  • Communicate with PI’s financial data and respond to all inquiries.
  • Ensure all effort forms are completed accurately and timely.

 

Other Duties as Assigned
 

Minimum Qualifications (Mandatory):

  • Bachelor’s Degree in Finance, Accounting, or other related field.
  • Three years progressively responsible related financial/accounting experience.
  • Additional education (Master’s in a related field) may substitute for required experience, and additional related experience may substitute for required education to the extent permitted by the JHU equivalency formula.*

 

JHU Equivalency Formula: 30 undergraduate degree credits (semester hours) or 18 graduate degree credits may substitute for one year of experience.  Additional related experience may substitute for the required education on the same basis. For jobs where equivalency is permitted, up to two years of non-related college course work may be applied towards the total minimum education/experience required for the respective job. 

 

** Applicants who do not meet the posted requirements but are completing their final academic semester/quarter will be considered eligible for employment and may be asked to provide additional information confirming their academic completion date. 

 

Preferred Qualifications:

  • 5+ years of professional experience in finance preferred.

 

Special Knowledge, Skill & Abilities:

  • Working knowledge of applicable financial and accounting laws, regulations and practice.
  • Ability to communicate financial information effectively.
  • Ability to work effectively both independently and in a team environment with a diverse constituency.
  • Ability to make autonomous decisions.
  • Strong skills in problem-solving, reconciling financial accounts and financial analyses.
  • Excellent organizational skills and attention to detail.
  • Advanced knowledge and proficiency in the use of financial software applications, MS Excel and Word
  • Demonstrated ability to create complex models using pivot tables
  • SAP experience is preferred
  • Demonstrated ability to read, analyze and interpret complex financial information from a variety of sources
  • Demonstrated ability to clearly write financial reports/recommendations and business correspondence

 

Classified Title: Financial Analyst
Role/Level/Range: ATP/03/PC 
Starting Salary Range: $51,210 - $70,480 annually (commensurate with experience)
Employee group: Full Time 
Schedule: M-F, 8:30 to 5pm 
Exempt Status: Exempt 
Location: Hybrid/School of Medicine Campus 

Department name: SOM Oto General Administration 
Personnel area: School of Medicine

 

The successful candidate(s) for this position will be subject to a pre-employment background check.

 

If you are interested in applying for employment with The Johns Hopkins University and require special assistance or accommodation during any part of the pre-employment process, please contact the Talent Acquisition Office at jhurecruitment@jhu.edu. For TTY users, call via Maryland Relay or dial 711.

 

Johns Hopkins has mandated COVID-19 and influenza vaccines, as applicable. Exceptions to the COVID and flu vaccine requirements may be provided to individuals for religious beliefs or medical reasons. Requests for an exception must be submitted to the JHU vaccination registry. For additional information, applicants for SOM positions should visit https://www.hopkinsmedicine.org/coronavirus/covid-19-vaccine/ and all other JHU applicants should visit https://covidinfo.jhu.edu/health-safety/covid-vaccination-information/.

 

The following additional provisions may apply, depending on campus. Your recruiter will advise accordingly.

 

The pre-employment physical for positions in clinical areas, laboratories, working with research subjects, or involving community contact requires documentation of immune status against Rubella (German measles), Rubeola (Measles), Mumps, Varicella (chickenpox), Hepatitis B and documentation of having received the Tdap (Tetanus, diphtheria, pertussis) vaccination. This may include documentation of having two (2) MMR vaccines; two (2) Varicella vaccines; or antibody status to these diseases from laboratory testing. Blood tests for immunities to these diseases are ordinarily included in the pre-employment physical exam except for those employees who provide results of blood tests or immunization documentation from their own health care providers. Any vaccinations required for these diseases will be given at no cost in our Occupational Health office.

 

Equal Opportunity Employer
Note: Job Postings are updated daily and remain online until filled. 

 

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Hybrid