Financial Analyst Ii
1 month ago
Overview:
Our team members are the heart of what makes us better.
At **Hackensack Meridian **_Health_** we help our patients live better, healthier lives — and we help one another to succeed. With a culture rooted in connection and collaboration, our employees are team members. Here, competitive benefits are just the beginning. It’s also about how we support one another and how we show up for our community.
Together, we keep getting better - advancing our mission to transform healthcare and serve as a leader of positive change.
The **Financial Analyst II** is responsible for compiling and analyzing financial information related to assigned areas (i.e. corporate affiliates, physician services, partner companies, management service agreements ('MSA'), partnerships, etc.). Will work closely with Physicians, Administrative Directors, the Legal Department, and the Executive Office on various analyses, projections, annual capital and operating budgets, and reconciliations as appropriate and applicable. Job responsibilities include all financial aspects of Hackensack Meridian Health's (HMH) goals, which also include all operational matters affecting the preparation and reporting of monthly financial statements, budgeting, audit coordination, internal controls compliance, PeopleSoft general ledger build & maintenance, and oversight on outsourced accounting functions.
This is a hybrid position, which will include one day on site per month in Edison, NJ.
**Responsibilities**:
A day in the life of a **Financial Analyst II** at **Hackensack Meridian **_Health_** includes:
- Applies GAAP in carrying out core responsibilities of all assigned duties and special projects.
- Consistently and timely communicates with applicable HMH departments, outside Accounting Firms, etc. regarding all inquiries. Timely prepares and communicates the results of reconciliations and analyses to all parties involved.
- Supports and enables the monthly financial close process. Prepares monthly financial statements for each of assigned areas. Compiles financial and statistical information as part of monthly Finance Committee package.
- Explains monthly and year-to-date variances and fluctuations (actual-to-budget / actual-to-prior year) using statistical, financial, and operational data.
- Prepares detailed work papers and support for monthly journal entries. Prepares reconciliations of all balance sheet and income statement accounts. Reconciles all intercompany transactions and ensures proper elimination upon consolidation.
- Properly calculates and records HMH's investment in subsidiaries. Records and reconciles all due to and due from accounts within assigned areas.
- Reviews month-end financial and statistical reports prepared by outside accountants for accuracy.
- Provide financial analysis support services to other functional areas within HMH.
- Other duties and/or projects as assigned. Additional job functions specific only to those who work with Physician Services are: Prepares change requests, validates and maintains tracking logs for EPIC billing systems
- new providers, and new departments.
- Prepare summaries of all key contract changes to Regional Administrators, physician leaders and finance teams for processing into MyWay.
- Tracks that all physician changes are properly made in legacy and MyWay systems.
- Prepares payroll adjustment requests for all new contract amendments.
- Trains/assists leaders in processing changes.
- Adheres to HMH Organizational competencies and standards of behavior.
Qualifications:
**Education, Knowledge, Skills and Abilities Required**:
- Bachelor's degree in Accounting or Finance.
- Minimum of 2 years of progressive experience in accounting &/or 1 year of public accounting.
- Excellent analytical skills.
- Must be highly computer literate, including advanced use of Excel.
- Must be able to establish effective working relationships with Senior Management and Staff at all levels of the organization.
**Education, Knowledge, Skills and Abilities Preferred**:
- MBA.
**Licenses and Certifications Preferred**:
- Certified Public Accountant (CPA).
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