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Medasource · 7 hours ago

Senior Financial Analyst

New York, NY

Full-time

Onsite

Mid, Senior Level

$115K/yr - $120K/yr

5+ years exp

Medasource is a company focused on healthcare finance, and they are seeking a Senior Financial Analyst to lead financial analysis and reporting within their health system. The role involves managing complex financial matters, providing strategic insights, and collaborating closely with operational leaders and departmental staff.

Health CareMedical

Growth Opportunities

Responsibilities

Monitor and lead monthly budget reviews, confirm accuracy, and conduct detailed variance and trend analysis of actual vs. budget and actual vs. prior periods, proactively communicating insights, risks, and recommendations to departmental and finance leadership

Prepare and deliver comprehensive reporting packages, dashboards, and financial templates with advanced analysis for senior leadership and operational partners

Lead the preparation of forecasts and multi-scenario projections to measure year-to-date activity against full-year budgets and support short- and long-term operational and strategic planning

Provide strategic oversight of personnel allocations across accounts and advise leadership on workforce planning, funding alignment, and cost management

Review, investigate, and resolve complex departmental financial transactions and accounting issues, including journal entries, ensuring compliance with general accounting standards and institutional policies

Ensure compliant and optimal use of all funding sources, including philanthropy, and recommend and implement corrective actions to maintain balanced accounts and resolve funding overages

Lead development of annual and multi-year departmental budgets, incorporating historical trends, operational drivers, and future projections

Provide advanced ad-hoc financial analysis to support special projects, leadership initiatives, and cross-functional efforts

Develop and maintain strong working relationships with corporate teams to address complex issues, improve processes, and enhance financial controls

Contribute to an environment of effective financial reporting, strong time management and prioritization, regulatory compliance, and adoption of leading financial practices

Oversee and submit PeopleSoft HCM transactions related to eHires, salary allocation changes, promotions, leaves of absence, and terminations, ensuring appropriate budget availability and accurate chartstrings

Review and approve PeopleSoft Financials transactions related to requisitions, PCard activity, and travel and expense reports, applying policy interpretation and judgment while verifying budget availability

Submit and manage requests for new non-sponsored chartstrings as needed

Submit and manage requests for Fund 53 extensions to Development

Prepare, review, and submit eJVs and cost transfers to reallocate expenses as needed

Prepare and submit supplemental compensation for affiliation and non-affiliation related work

Track and validate the accuracy of supplemental compensation submissions based on established criteria

Prepare and submit JOC requests for affiliation-related transactions

Prepare monthly P&L reports with detailed commentary and insights and upload to Finance SharePoint

Prepare and lead monthly updates and analysis for Recruitment Fund chartstrings

Prepare monthly analysis of GME and 11-E accounts

Prepare monthly analysis of non-sponsored chartstrings managed by faculty and Principal Investigators

Prepare detailed monthly revenue analysis and identify trends and risks

Audit, monitor, and schedule reports of departmental financial activities, including faculty expenditures, human subject payment activity, and funding allocation changes

Prepare advanced salary worksheets and customized financial reports as needed

Support the preparation and interpretation of clinical productivity reports and related financial analysis

Qualification

Financial analysisBudgetingForecastingFinancial reportingMicrosoft ExcelPeopleSoftAccounting principlesAnalytical skillsCommunication skillsInterpersonal skillsProblem-solving skills

Required

Bachelor's degree in business, finance, accounting, or a related discipline with at least 5–7 years of progressively responsible financial analysis experience, or a combination of comparable education and experience

Strong understanding of accounting principles, budgeting, forecasting, and financial reporting

Advanced working knowledge of Microsoft Office software, especially Excel

Excellent verbal and written communication skills, with the ability to partner effectively with senior leadership, faculty, and staff, and strong interpersonal and problem-solving skills

Ability to independently manage multiple priorities and complex deliverables on tight timelines

Strong analytical skills, attention to detail, and sound judgment

Demonstrated ability to proactively identify issues, develop solutions, and influence outcomes

Strong interpersonal and communication skills and commitment to team success