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UVA Health · 1 day ago

Senior Financial Analyst

Virginia, United States

Full-time

Onsite

Senior Level

$63K/yr - $125K/yr

7+ years exp

UVA Health is a world-class Magnet Recognized academic medical center and health system. The Senior Financial Analyst will provide large-scale analysis on internal control and financial accounting processes, assist in budgeting support, and collaborate with various departments to enhance financial performance and internal controls.

Health CareHospitalMedical

Responsibilities

Assist Administrators in the development of operating and capital budgets as related to the Controller’s Office and Patient Financial Services

Communicate to and assist Administrators and Managers responsible for Operating and Capital budget preparation to meet budget process schedules, goals and objectives

Assist Budget Office in: Design of budget process and tools

Meeting timetable for budget development

Layout of data requirements, reporting format for budget preparation, and analysis

Assessment of budget processes for improvement

Prepare Capital Budget Requests For Submission To Capital Approval Committee And/or Designated Chief Officer, Including Analysis of lease versus purchase scenarios

New versus replacement capital investments

Coordination with asset management

Develop Systematic Review Of Internal Financial Accounting And Performance Reports To Insure Revenue And Expense Data Integrity And Recognition

Perform Necessary General Ledger Account Reconciliations By The 10th Working Day Of The Succeeding Month

Preparation Of Journal Entries Assuring Performance Reports Accurately Reflect Statistical And Expense Data

Complete Research And Documentation On Variance Analysis Used For Financial Reporting Purposes At The Health System Level, To Include UPG And SOM At a Global Financial Reporting Level

Lead The Controller’s Office And Decision Support In Continuing analysis of existing reports, their possible improvements and benefits

Account maintenance to assure accurate capture and reporting of cost and revenue data

Trend performance as requested by Administrators, Operations Managers, Executive Leadership and Finance Management, developing year end projection from most recent data available

Assess staffing levels based on FTE and paid hours to provide feedback to operations management on adequacy, benchmark data and performance against budget comparison

Examine and assess opportunities to have cost savings for Medical Supplies, Supplies and Purchased Services (OTPS) Emphasis on specific objectives(accuracy, timeliness, and reconciliation) as related to revenue and expense recognition and reconciliation

Develop and document workflow processes between Patient Friendly Billing, Cashiering, and Cash Posting to ensure daily and monthly reconciliation, appropriate segregation of duties, and reasonable internal controls for each area of the back office

Interface with external vendors managing accounts receivable outside of EPIC, specifically Inmar and Reimbursement Concepts

Support the financial, budgeting, and reporting needs for Continuum and Pharmacy to include the monthly close process, year-end process, and budgeting

In addition to the above job responsibilities, other duties may be assigned