Highland Hospital Hiring for Financial Analyst at Rochester, New York Full Time

15314BR

Title:

Financial Analyst

Department/Cost Center:

841 – Fiscal Services

Job Description:

Remote opportunity

This position Performs financial accounting and analysis for Highland Hospital with a focus on cash accounting, monthly journal entries, reconciliations, variance analysis, and financial statement reporting. Interfaces with external and internal auditors throughout the year and provides information and documentation as required.

FINANCIAL STATEMENT REPORTING (30%):

• Prepares month-end journal entries as part of monthly financial close process

• Gathers data and compiles monthly/quarterly/annual financial reports to provide information and insight to various internal and external audiences

• Develops and maintains detailed analysis of various statistical and financial information to be used for financial reporting and reimbursement.

• Performs analysis and tests to ascertain integrity of accounting data, account balances and timeliness of reporting. Makes day-to-day interpretations and decisions on the accounting treatment of financial transactions.

• Maintains up-to-date technical knowledge on generally accepting accounting principles (GAAP) in order to ensure financial statements are accurate and in compliance with any changes in guidance

• Works with Accounting Manager to ensure items for annual audit by external auditors is completed on time

• Ensures required schedules are available for auditors prior to beginning of audit fieldwork

• Prepares various audit work papers as appropriate

• Uploads audit schedules into database for external auditors

HOSPITAL ACCOUNTING AND REPORTING (60%):

• Responsible for daily, weekly, and monthly review and reconciliation of hospital cash accounts

• In depth knowledge of Workday software needed to reconcile and troubleshoot manual bank reconciliations

• Frequently collaborates with Patient Accounts/Accounts Payable/Payroll and other internal and external audiences to ensure timely and accurate posting of ledger transactions and reconciliation of receivables

• Updating patient account reports for the timely reconciliation of payments

• Responsible for reconciling patient receivables clearing account

• Monthly clearing and maintenance of General Funds and Payroll checks and updating Workday cash posting rules

• Prepares, posts and reconciles select intercompany billings and follow up to ensure timely payment

• Monthly preparation, review and research of prepaid schedules

• Generate monthly financial reports for internal research of accounts

• Maintain unclaimed checks and escheatment processes

• Auditing/reconciliation of petty cash accounts and manual checks

OTHER RESPONSIBILITIES (10%)

• Acts as financial liaison to departments as directed by senior management, including attendance at various meetings with clinical leadership in order to improve transparency of reporting of financial results at the departmental level

• Prepares various surveys for various internal and external audiences

• Other duties as requested/assigned.

Salary Range:

$60,400-$84,612 annually

The referenced pay range represents the minimum and maximum compensation for this job. Individual annual salaries/hourly rates will be set within the job’s compensation range, and will be determined by considering factors including, but not limited to, market data, education, experience, qualifications, expertise of the individual, and internal equity considerations.

Auto req ID:

15314BR

Job Requirements:

Bachelor’s Degree (preferably in Accounting, Business Administration or Finance)

3-5 years of relevant experience preferably in a healthcare and/or University setting

Employment Status:

Full-Time

Hours/Week:

40

Posting Title:

Financial Analyst- Remote Opportunity

City:

Rochester

Work Shift:

Days

Area of Interest:

Professional

The Hospital is committed to equal opportunity for all persons regardless of age, color, disability, ethnicity, marital status, national origin, race, religion, sex, sexual orientation, veteran status, or any other status protected by law.