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Job Req ID:  55529

Financial Analyst

General Job Description:

The Financial Analyst manages financial transactions involving clinical, joint agreement funds, general funds, federal and/or private grants and contracts, and gift and discretionary accounts for the Oncology Administration Offices and the relevant programs.  The ideal candidate will perform comprehensive analysis and projections, relating to business or research trends, to improve Departmental operations and financial effectiveness. S/he oversees the development and monitoring of clinical, joint agreement funds, general funds, and gift and discretionary budgets.   S/he manages clinical trial financial planning and cost analysis, analyzes financial data to ensure efficient use of resources, in particular with relation to the clinical trial infrastructure and ensures compliance with university and/or agency regulations and restrictions.  This position reports to the Financial Manager.

 

Specific Duties and Responsibilities:

Financial:

  • Plan and conduct studies to determine the cost of business for departmental research programs
  • Analyze results and recommend necessary budget adjustments, and cost effective measures to the Program Directors and Center leadership
  • Analyze financial data and extract and define relevant information using the various accounting systems and communicate necessary information to the Program Directors, and Center leadership
  • Interpret the data to determine prior fiscal year performances and project future financial trends for current fiscal year and beyond
  • Review costs and perform cost benefit analysis on all clinical trial agreements within research programs and identify budget issues and provide fiscally responsible solutions to the Investigators, Program Directors and Center leadership
  • Develop and negotiate budgets for Clinical Trials with Pharmaceutical Sponsors based of approved protocols in collaboration with Program Manager to cover the financial costs required to run the protocol
  • Develop financial reports to aid in the development of fiscal year clinical, joint agreement funds, general funds, and gift and discretionary funds budgets
  • Develop financial reports for forecasting, and trending to assist the Program Directors and administration in developing business plans for new and existing clinical and/or research programs within the department  
  • Communicate with appropriate internal and external administrative offices to ensure that established procedures are followed
  • Provide instruction and answer questions relative to budget procedures and serve as liaison between the Program leadership, Oncology Administration, SOM Business Office, other SOM Departments, and other unit areas
  • Monitor and approve departmental expenditures throughout the fiscal year
  • On a monthly basis, ensure the review and reconciliation of expenditure statements for the research programs sponsored, general funds, gift and discretionary accounts
  • Monitor clinical trial billing to ensure that all costs incurred by the department are being covered and recouped per the executed agreements with the sponsor


Information Systems:

  • Design financial reports utilizing the Hopkins One accounting system data and assists in the dissemination of information in various formats to the Programs 
  • Collaborate in the design of automated reporting tools
  • Perform statistical, cost, and financial analysis of data reported in the various information systems including, CRMS for clinical trial data, to present data to Department Administration 
  • Develop financial reports for forecasting, trending, and results analysis
     

Administrative:

  • Work in formal and informal forums with departmental personnel in issues related to Grant administration, and financial management
  • Apply a working knowledge of applicable laws and regulations; verifies documents for completeness and compliance with government and private agencies
  • Identify weak or non-existent administrative processes and works with leadership to develop corrective action plans
  • Performs financial analysis and reviews procedures and systems to determine appropriate solutions

 

Education and Experience (Mandatory):

  • Bachelor's degree in accounting, business, or related field
  • Minimum of 3 years progressively responsible related financial experience required
  • Additional education may be substituted for some experience, 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 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.
  • Advanced knowledge in the use of financial software applications, databases, spreadsheets, and/or word processing 
  • Familiarity with SAP (Hopkins One) R3 applications and BW reporting strongly preferred.


Scope of Responsibility:

  • Understand the formal and informal departmental goals, standards, policies and procedures which may include some familiarity of other departments within the school/division
  • Sensitive to the interrelationship of both people and functions within the department
  • Work within the Clinical Trial Infrastructure to ensure smooth contractual negotiations with sponsor budgets, acts as a liaison between Sponsors and ORA, and handles billing related to clinical trials within the department

    
Decision Making:

  • On a regular and continuous basis, exercises administrative judgment and assumes responsibility for decisions, consequences, and results having an impact on people, costs, and/or quality of service within the functional area.

    
Authority:

  • May direct the activities of staff or a function and/or represent the function at meetings

    
Communication:

  • Exchange non-routine information using tact and persuasion, as appropriate, requiring strong oral and written communication skills

    

Classified Title: Financial Analyst 
Working Title: Financial Analyst $50,700 - $69,780; Commensurate with Experience
Role/Level/Range: ATP/03/PC 
Starting Salary Range:
Employee group: Full Time 
Schedule: M-F 9:00am- 5:00pm 
Exempt Status: Exempt  
Location: 04-MD:School of Medicine Campus 
Department name: 10002918-SOM Onc Financial Management 
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 HR Business Services Office at jhurecruitment@jhu.edu. For TTY users, call via Maryland Relay or dial 711.

 

The following additional provisions may apply depending on which campus you will work.  Your recruiter will advise accordingly.

 

During the Influenza ("the flu") season, as a condition of employment, The Johns Hopkins Institutions require all employees who provide ongoing services to patients or work in patient care or clinical care areas to have an annual influenza vaccination or possess an approved medical or religious exception. Failure to meet this requirement may result in termination of employment.

 

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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School of Medicine - East Baltimore Campus