Sr. Financial Analyst, Faculty Practice (School of Medicine - Central Finance)
Johns Hopkins University
We are seeking a Sr. Financial Analyst, Faculty Practice to join School of Medicine (SOM) Central Finance in support of the Clinical Practice Association. This role focuses on clinical performance reporting across SOM as well as physician workforce planning, business plan creation and reviews, and budget management. The Sr. Financial Analyst will provide data and insights to inform leadership decision-making and support Faculty Practice Finance priorities.
The Sr. Financial Analyst performs complex analysis and planning to assist management in establishing and controlling budgets, setting financial goals, making projections and meeting fiscal objectives. Performs financial and planning activities in support of various functions, e.g., budgeting, financial planning, revenue and expenditure monitoring against budget, reconciliations and changes, and consolidation. Extracts financial data from various accounting and information systems and generates reports. Performs complex statistical cost and financial analysis of reports and data and prepares reports for management to improve financial performance and compliance. Provides data-based recommendations on critical financial business decisions.
Specific Duties & Responsibilities
- Interpret data, and review data prepared by others, to evaluate and determine past financial performance and/or make financial projections and assist management in making overall business decisions.
- Analyze, coordinate and consolidate departmental financial information for the development of the department/divisional annual operating and/or capital budgets 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.
- Make budget adjustments and implement cost improvement measures. Use appropriate cost rates, such as indirect and benefit rates for proposed budgets. Prepare and present budget proposals to senior management.
- Create financial systems, structures, and controls for a variety of processes that provide tracking, validation, and reporting. Implement quality control and process improvements for overall business process.
- Review proposed operating and financial plans, including proposed program increases, estimated costs and expenses to finance proposed programs. Recommend course of action to improve financial performance.
- Evaluate and analyze capital expenditures proposals, profit plans, operating records and financial statements.
- Oversee moderately complex to complex budget accounts. Provide oversight for the expenditure of funds, ensuring that funds are expended appropriately and advise stakeholders on required action to resolve funding shortfalls.
- Keep abreast of laws and regulations that impact compliance and act as a 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.
- Use various software applications, such as spreadsheets, relational databases, statistical packages, and graphics packages to assemble, manipulate and/or format data and/or reports.
- Other duties as assigned.
Financial and Faculty Support
- Manage annual operating budgets under the Vice Dean for Clinical Affairs including annual entry, monthly variance reporting, and ad hoc financial analyses.
- Produce monthly financial reports across clinical departments and track physician productivity metrics to support leadership decision-making.
- Review and validate faculty recruitment business plans; assist departments with standardized templates and presentation materials.
- Maintain complex data sources and collaborate with analytics teams to support faculty performance dashboards.
Minimum Qualifications
- Bachelor’s Degree in Finance, Accounting, Business or related field.
- Five years of progressively responsible related financial experience.
- Additional education may substitute for required experience and additional related experience may substitute for required education beyond a high school diploma/graduation equivalent, to the extent permitted by the JHU equivalency formula.
Preferred Qualifications
- Experience with data visualization tools (e.g., Power BI)
Technical Qualifications & Specialized Certifications
- Strong analytical and modeling capabilities, including extensive knowledge of Microsoft Office products
Technical Skills & Expected Level of Proficiency
- Analytical Skills - Intermediate
- Budgeting - Intermediate
- Data Extraction and Reporting - Intermediate
- Financial Analysis and Reporting - Intermediate
- Financial Controls - Intermediate
- Financial Planning - Intermediate
- Financial Software - Intermediate
- Regulatory Compliance - Intermediate
- Statistical Analysis for Finance - Intermediate
The core technical skills listed are most essential; additional technical skills may be required based on specific division or department needs.
Classified Title: Sr. Financial Analyst
Job Posting Title (Working Title): Sr. Financial Analyst, Faculty Practice (School of Medicine - Central Finance)
Role/Level/Range: ATP/04/PD
Starting Salary Range: $62,900 - $110,100 Annually ($86,500 targeted; Commensurate w/exp.)
Employee group: Full Time
Schedule: Mon-Fri, 8.30am-5.00pm
FLSA Status: Exempt
Location: Hybrid/School of Medicine Campus
Department name: SOM Admin Finance Faculty Practice
Personnel area: School of Medicine