FINANCIAL ADMINISTRATOR

Overview

This role provides analysis and business consulting services to support assigned departments. Work focuses on ongoing operations, as well as new products and services, in collaboration with teams such as Strategic Planning, Corporate Business Development, and Partnership services.

The Financial Administrator partners with operational leaders and central support groups to identify opportunities to redesign processes to reduce costs and/or maximize revenue while ensuring compliance with regulatory guidelines. The position serves as a financial advisor to assigned areas by interpreting information from reports and other sources and communicating implications for departmental strategy.

Responsibilities

• Develop and maintain institutional performance dashboards that report actual performance against predetermined financial, process, and resource management goals.
• Fulfill complex report requests from organizational leaders using problem-solving and consulting skills.
• Build and summarize simple and complex financial reports using strong analytical capability.
• Act as a system analyst and develop new analyses, reports, and dashboards to meet changing reporting needs.
• Perform monthly quality assurance reviews on data to ensure accuracy, identify issues, and work with appropriate departments to resolve data problems.
• Prepare financial modeling to support justifications and associated proformas for the recruitment of faculty or staff when necessary.
• Develop new analyses and reports as requested by operational leadership.
• Train end users on reporting tools and collaborate with IT on continued dashboard development and enhancements.
• Calculate and report productivity for customers.
• Interpret reporting related to financial performance, productivity, and standards, and provide recommendations for improvement.
• Produce monthly and annual complex ad-hoc requests and reports as requested by departments.
• Provide data, variance analysis, and consulting services for assigned areas for the annual budget, quarterly forecast, and monthly financials.
• Support the development of financial forecasts for assigned departments.
• Collaborate with operational leaders to evaluate opportunities to reduce costs or maximize revenues.
• Prepare financial modeling to support justifications and proformas for new service offerings and service expansion.
• Support new program and new business development by providing financial assessment of setup, costs, and revenues.
• Assist with development of strategic cost and margin strategies, translating them into assumptions used in the annual budget and quarterly forecast.
• Support strategic initiatives, including modeling estimated financial impact and reporting results.

Requirements

• Bachelor’s Degree in Business, Accounting or Finance
• Seven (7) years’ experience in financial analysis, healthcare finance, research finance, or business administration

CPA Requirement (or Equivalent)

• CPA required (tracked by the business); however, in lieu of CPA:
  • A Master’s degree in a related field, or
  • An additional three (3) years of experience in research finance or health care financial analytics support roles, including healthcare financial analysis, decision support, planning and health care economics, for a total of ten (10) years may be considered.

Compensation & Benefits

• Salary Range: $80,974.40 - $123,364.80
• Posted salary ranges represent the expected base pay range for the role. Actual compensation may vary based on location and job-related factors, including experience, skills, education, and internal equity among team members in similar positions.
• Fair and equitable pay practices are maintained, with regular compensation reviews to ensure alignment across the workforce.

Equal Employment Opportunity & Reasonable Accommodation

• Equal Opportunity/Affirmative Action Employer: All qualified applicants will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, or protected veteran or disabled status.
• Reasonable accommodations will be provided to qualified individuals with disabilities in accordance with federal law.