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Requisition ID:  116503

Sr. Financial Analyst, Faculty Practice Finance

We are seeking a Sr. Financial Analyst, Faculty Practice Finance who will, under the supervision of Associate Director, SOM Faculty Practice, coordinate and participate in activities related to managing the School of Medicine’s (SOM) faculty workforce as part of the Faculty Practice Finance (FPF) vertical in the SOM Central Finance office. SOM Central Finance is the financial management unit within the School of Medicine, overseeing financial performance school-wide and partnering with departments to advance strategic financial initiatives.


The Sr. Financial Analyst will perform financial analysis to assist management in establishing financial goals and objectives for the FPF vertical. The role will perform financial and accounting activities in support of various functions, e.g., budgeting, business planning, professional revenue evaluations, faculty compensation and funds flow impacts. The Sr. Financial Analyst will extract financial data from various accounting and information systems to perform complex cost and financial analyses and serve as a project manager to ensure the FPF team is making progress toward annual goals.


Specific Duties & Responsibilities


Program Management

  • Serve as a key member of the team to manage SOM faculty compensation, including:
    • Submit data to external agencies for benchmarking.
    • Evaluate annual benchmark data and apply benchmarks to internal data.
    • Manage the annual faculty salary letter process.
    • Provide support to departments during the annual faculty budget process.
  • Maintain a database of financial agreements with internal and external stakeholders to track support of the faculty practice.
  • Participate in meetings and serve as staff to committee in support of the Faculty Practice, including workforce planning, new clinical program planning and compensation committees.


Financial Management

  • Interpret and review data to assess past financial performance, make financial projections, and assist management in making informed business decisions.
  • Evaluate faculty, clinical associate and APP productivity and provide reports to SOM Central Finance and CPA leadership.
  • Review and validate business plans as part of the faculty recruitment process and provide feedback to department stakeholders when data inconsistencies are identified.
  • Analyze, coordinate, and consolidate departmental financial information for the development of the department/divisional fiscal year annual operating 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.
  • Create financial systems, structures, and controls for a variety of processes that provide tracking, validation, billing, payment, and debt reporting. Implement quality control and process improvements regarding overall business process.
  • Keep abreast of laws and regulations that impact up-to-date compliance, function as 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. Share accountability for managing financial transactions including, supplemental accruals.
  • Use various software applications, such as spreadsheets, relational databases, statistical packages, and graphics packages to assemble, manipulate and/or format data and/or reports.
  • Ensure that School and department colleagues are familiar with internal controls and adherence to them.


Critical Thinking

  • Leverage knowledge of FPF processes, the financial health of Faculty Practice and Office of Johns Hopkins Physicians, and dashboard monitoring to guide the Faculty Practice budget and support reporting and analysis for decision-making.


Stakeholders and Collaborators

  • Partner with Executive Director and Associate Directors of Faculty Practice Finance; other Faculty Practice Financial analysts; FP&A colleagues; Financial Operations Colleagues; University Controller; JHM Budget team; JHHS/JHM colleagues.


Additional Knowledge, Skills & Abilities

  • Excellent analytical skills for interpreting budgetary, financial, and related organizational performance or management information.
  • Skills in quantitative financial and budget analyses, including developing financial models to forecast financial results under different scenarios.
  • Well-developed written and verbal communication skills.
  • Ability to build strong relationships with people at all levels of the organization.
  • Working knowledge of general accounting principles and practices.


Physical Requirements

  • Sitting in a normal seated position for extended periods of time.
  • Finger dexterity required to manipulate objects with fingers rather than with whole hand(s) or arm(s), for example, using a keyboard.
  • Occasionally lifting, carrying objects weighing 10 lbs. or less.


Minimum Qualifications
  • Bachelor's Degree in Finance, Accounting, Business or related field.
  • Five years progressively responsible related financial/accounting experience.
  • Experience in using financial software to develop and maintain financial models and automated financial reports.
  • 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.


Preferred Qualifications
  • Experience with SAP.
  • Experience in a complex organization.

 

 

Classified Title: Sr. Financial Analyst 
Job Posting Title (Working Title): Sr. Financial Analyst, Faculty Practice Finance   
Role/Level/Range: ATP/04/PD  
Starting Salary Range: $62,900 - $110,100 Annually ($86,500 targeted; Commensurate with experience) 
Employee group: Full Time 
Schedule: Mon-Fri, 8.30am-5.00pm 
Exempt Status: Exempt 
Location: Hybrid/School of Medicine Campus 
Department name: ​​​​​​​SOM Admin Finance Faculty Practice  
Personnel area: School of Medicine 

 

 

Total Rewards
The referenced base salary range represents the low and high end of Johns Hopkins University’s salary range for this position. Not all candidates will be eligible for the upper end of the salary range. Exact salary will ultimately depend on multiple factors, which may include the successful candidate's geographic location, skills, work experience, market conditions, education/training and other qualifications. Johns Hopkins offers a total rewards package that supports our employees' health, life, career and retirement. More information can be found here: https://hr.jhu.edu/benefits-worklife/.

Education and Experience Equivalency
Please refer to the job description above to see which forms of equivalency are permitted for this position. If permitted, equivalencies will follow these guidelines: 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.

Applicants Completing Studies
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.

Background Checks
The successful candidate(s) for this position will be subject to a pre-employment background check. Johns Hopkins is committed to hiring individuals with a justice-involved background, consistent with applicable policies and current practice. A prior criminal history does not automatically preclude candidates from employment at Johns Hopkins University. In accordance with applicable law, the university will review, on an individual basis, the date of a candidate's conviction, the nature of the conviction and how the conviction relates to an essential job-related qualification or function.

Diversity and Inclusion
The Johns Hopkins University values diversity, equity and inclusion and advances these through our key strategic framework, the JHU Roadmap on Diversity and Inclusion.

Equal Opportunity Employer
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

EEO is the Law
https://www.eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRights6.12ScreenRdr.pdf

Accommodation Information
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. For more information about workplace accommodations or accessibility at Johns Hopkins University, please visit https://accessibility.jhu.edu/.

Vaccine Requirements
Johns Hopkins University strongly encourages, but no longer requires, at least one dose of the COVID-19 vaccine. The COVID-19 vaccine does not apply to positions located in the State of Florida. We still require all faculty, staff, and students to receive the seasonal flu vaccine. 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. This change does not apply to the School of Medicine (SOM). SOM hires must be fully vaccinated with an FDA COVID-19 vaccination and provide proof of vaccination status. 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 upon 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.
Hybrid: On-site 3-4 days a week

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