Penn State Health · 2 weeks ago
(REMOTE) Financial Liaison Senior - Financial Support
United States
Full-time
Remote
Senior Level
7+ years expPenn State Health is a leading research, teaching, and clinical healthcare system in the country, and they are seeking a Senior Financial Liaison to provide proactive financial support to assigned departments and business units. The role involves budget development, performance analyses, and strategic financial analyses, serving as a finance leader and consultant within the organization.
Health CareMedical
Responsibilities
Review and recommend revenue and expense accruals, verifying appropriate cost center usage and revenue/expense mapping
Produce routine (monthly) managerial financial performance reports (that reconcile to the official Penn State Health system reports), including clinical volumes, staffing levels, and other statistics and indicators
Compose analyses with respect to variances from budgets and prior actual results, efficiency measures, and resource utilization statistics
Produce ad hoc reports that meet the demands of the department(s) and business unit(s), for example productivity measures by provider
Lead the department(s) and business unit(s) annual capital and operating budget processes, aligned with the Penn State Health system overall plan and timing
Create department(s) and business unit(s) annual and longrange capital plans, with close alignment to the chief financial officer
Forecast clinical volumes, plan fixed costs and adjust variable costs to volumes, conduct and/or verify revenue projections, and associate operating budgets to institutional strategic plans
Ensure that the capital and operating budgets reflect the direction of set by management and leadership
Participate in business planning efforts involving the department(s) and business unit(s), and connect with the coordinated shared services business planning office in Penn State Health Corporate Finance
Assemble pro formas and forecasts for new operations and ventures in coordination with the operations management and as an active member of the Penn State Health Corporate Finance business planning effort
Research financial and statistical information for the department(s) and business unit(s)
Work with the finance lead or entity chief financial officer, around areas such as reimbursements, invoice payments, payroll issues, and expense classifications
Present routine (monthly) financial and productivity information to department chairs and operations management
Discuss financial management decisions that impacted the outcomes
Relay operational issues and concerns to the chief financial officer
Serve the team of Financial Liaisons as an active partner to improve processes and services to department(s) and business unit(s)
Partner with management and staff to facilitate the resourcing of clinical care
Build constructive working relationships with financial analysts and the staff in Penn State Health Finance
Qualification
Required
Bachelors Degree in finance, accounting, or related field from an accredited college or university is required
Seven (7) years functional experience providing financial analysis of operations required
Preferred
5 years of experience in Healthcare Finance
Benefits
Medical, dental and vision with no waiting period
Employee Wellness Programs, and Fitness Discounts (University Fitness Center, Peloton)
Generous Paid Time Off, Personal Time, and Paid Parental Leave
Retirement, Extended Illness Bank, Life Insurance, and Identity Theft Protection
Competitive Pay, Tuition Reimbursement, and PAWS UP employee recognition program
HR Solution Center, Learning and Organizational Development and Virtual Benefits Orientation, Employee Exclusive Concierge Service for scheduling
Company
Penn State Health
Penn State Health is a Health Care company. It is a sub-organization of Penn State Health.
10001+ employees
Funding
Current Stage
Late StageTotal Funding
unknown2016-06-22Seed
Leadership Team
Stephen Massini
Chief Executive Officer
Edward Chabalowski
VP/CFO, Berks and Lancaster Region
Recent News
bloomberglaw.com
2025-04-02
Healthcare IT News
2023-06-21
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