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Penn Medicine, University of Pennsylvania Health System · 1 day ago

Finance Manager

Philadelphia, PA

Full-time

Onsite

Mid, Senior Level

5+ years exp

Penn Medicine is dedicated to providing the highest level of care to patients, conducting innovative research, and educating future leaders in the field of medicine. The Finance Manager will provide financial support to the Director of Finance and department leadership, manage financial reporting and planning, and oversee staff development and performance management.

BiotechnologyEducationHealth CareMedicalTraining

Responsibilities

Perform key financial planning services include results reporting, performance analysis, program evaluation (pro forma), budgeting and forecasting, and modeling while promoting effective and efficient controls. Manages the production and distribution of monthly financial reports

Monitor daily business transactions, accounting activities including accounts payable/accounts receivable processing, payroll processing, monthly variance analysis, CER facilitation, contract management, billing compliance and other duties for respective agency in conjunction with state and federal rules and regulations. Prepares semiannual incentive payments template worksheet for COO and Chair completion

Budget and Operations Planning and Analysis - development, implementation, and facilitation of capital and operating budgets using system-wide standards and processes

Prepares internal financial statements accurately and in a timely manner. Presents financials to departmental leadership on a monthly basis. Works closely with faculty division/program chiefs on monthly income statements. Works closely with Manager of Grants and Contracts to be sure University Accounts are managed accurately and appropriately

Analyzes variance between actual data in comparison to budget. Prepares written variance explanations for financial statements

Functions as a liaison with the regulatory agencies in preparation for the Quarter and Annual Financial Audits, in preparation of the 990, Cost Report, JCAHO and Medicare Audits, as well as participates on the Project Management Team and CQI Team

Facilitate operational changes on various projects to ensure successful financial outcomes

Assures direct reports follow all policies and procedures regarding the processing of data and management of information

Works closely with entity finance staff on purchased services IET, programmatic support IET, shared risk programs and related matters

Supervises support staff in the finance office and assures technology is utilized for maximum accuracy and efficiency

Qualification

Certified Public AccountantHealthcare accountingFinancial reportingBudgetingForecastingData analyticsHyperion SoftwareLeadership experienceCommunication skillsTeam managementProblem-solving

Required

Bachelor of Arts or Science in Accounting, Finance, or Business Administration

5+ years experience in a financial setting; 1 year of which was in a management/supervisor role

Thorough knowledge of healthcare accounting preferably in an academic environment

Preferred

Certified Public Accountant

MBA or MS in Accounting/Finance

Reporting and budgeting of revenue management; fiscal management

Supervisory/leadership responsibility

Basic Understanding of data analytics reports and report language

Ability to learn and efficiently use other finance systems

Knowledge of Hyperion Software (Essbase), (Hyperion Planning); EPIC; Lawson

Benefits

Comprehensive compensation and benefits program

Prepaid tuition assistance programs

Company

Penn Medicine, University of Pennsylvania Health System

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Penn Medicine is a world leader in academic medicine, setting the standard for cutting-edge research, compassionate patient care, and the education of future health care professionals.

Founded in 1765

Philadelphia, Pennsylvania, USA

10001+ employees