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Financial Analyst III

Palisades Medical Center

Financial Analyst III

Neptune, NJ
Full Time
Paid
  • Responsibilities

    Financial Analyst III Job ID 2018-54564 Department CORP FINANCE AFFILIATES Site CORPORATE Job Location US-NJ-Neptune Position Type Full Time with Benefits Standard Hours Per Week 40 Shift Day Shift Hours 8 Weekend Work Weekends as Needed On Call Work No On-Call Required Holiday Work None Overview How have you impacted someone's life today? At Hackensack Meridian Health our teams are focused on changing the lives of our patients by providing the highest level of care each and every day. From our hospitals, rehab centers and occupational health teams to our long-term care centers and at-home care capabilities, our complete spectrum of services will allow you to apply your skills in multiple settings while building your career, all within New Jersey's premier healthcare system. The Financial Analyst III is responsible for planning, monitoring, and coordinating specific departmental functions, and for compiling and analyzing financial information related to assigned areas (i.e. corporate affiliates, physician services, partner companies, management service agreements (MSA), partnerships, etc.). Will work closely with Physicians, Administrative Directors, the Legal Department, and the Executive Office on various analyses, projections, annual capital and operating budgets, and reconciliations as appropriate and applicable. Job responsibilities include all financial aspects of Hackensack Meridian Health s (HMH) goals, which also include all operational matters affecting the preparation and reporting of monthly financial statements, budgeting, audit coordination, internal controls compliance, PeopleSoft general ledger build & maintenance, and oversight on outsourced accounting functions. Responsibilities Essential Job Functions (In order of importance): Applies GAAP in carrying out core responsibilities of all assigned duties and special projects. Consistently and timely communicates with applicable HMH departments, outside Accounting Firms, etc. regarding all inquiries. Timely prepares and communicates the results of reconciliations and analyses to all parties involved. Leads meetings held with management of applicable HMH departments and Senior Management. Prepares agendas, PowerPoint presentations, meeting minutes, as needed. Supports and enables the monthly financial close process. Prepares monthly financial statements for each of assigned areas. Compiles financial and statistical information as part of monthly Finance Committee package. Explains monthly and year-to-date variances and fluctuations (actual-to-budget / actual-to-prior year) using statistical, financial, and operational data. Prepares detailed work papers and support for monthly journal entries. Prepares reconciliations of all balance sheet and income statement accounts. Reconciles all intercompany transactions and ensures proper elimination upon consolidation. Properly calculates and records HMHs investment in subsidiaries. Records and reconciles all due to and due from accounts within assigned areas. Reviews month-end financial and statistical reports prepared by outside accountants for accuracy. Assists with budgeting and forecasting for capital and operating expenses. Assists in business integration strategies. Coordinates with outside independent valuation specialists on fair market value and commercial reasonableness of transactions. Works closely with the Legal Department, Executive Office, and the Office of the Chief Medical Officer. Provide financial analysis support services to other functional areas within HMH. Adheres to the HMHs Competencies and Standards of Behavior. Lifts a minimum of 5 lbs., pushes and pulls a minimum of 5 lbs. and stands a minimum of 1 hour a day. Qualifications Knowledge, Education and Skills Required: Bachelors degree in Accounting or Finance. Four or more years of progressive experience in accounting, or three years of public accounting. Demonstrated knowledge and application of GAAP. Excellent analytical skills. Must be highly computer literate, including advanced use of Excel. Must be able to establish effective working relationships with Senior Management and Staff at all levels of the organization.

  • Industry
    Hospital and Health Care