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Senior Financial Analyst

2 months ago

Cleveland, Ohio, United States Care Alliance Full time
Job Overview

Position: Senior Financial Analyst

EEO Classification: Professional

Reports to: Chief Financial Officer

Status: Full Time

Mission Statement:

At Care Alliance, we are dedicated to delivering exceptional medical and dental services, advocating for patients, and providing essential support to those in need, irrespective of their financial circumstances. Our team members exemplify empathy, compassion, and respect while ensuring the highest quality of care for our community, particularly for the most vulnerable populations.

Position Summary

The Senior Financial Analyst will oversee financial operations, accounting practices, and reporting functions. This role requires the ability to meet stringent deadlines while managing a variety of accounting tasks, including general ledger management and financial reporting.

Qualifications

A minimum of a Bachelor’s degree; an MBA in Accounting, Business Management, or a related discipline is preferred.

  • Demonstrated leadership experience in a healthcare or clinical finance setting is essential; experience in Federally Qualified Health Centers (FQHC) is advantageous.
  • At least three years of experience in grants management is preferred.
  • Proficiency in financial and accounting software is required.
  • Strong analytical and problem-solving abilities are necessary.

Key Responsibilities:

  • Supervise financial accounting processes to ensure accurate documentation and reporting of financial data.
  • Maintain internal controls and safeguards for revenue, expenses, and budget management.
  • Regularly analyze financial information and prepare timely financial reports; effectively communicate monthly and annual financial statements while keeping the CFO informed of the organization’s financial health.
  • Coordinate accounting functions, reports, and data management.
  • Conduct financial analyses and generate comprehensive reports.
  • Prepare revenue forecasts and expenditure projections.
  • Assist in budget preparation and monitoring, as well as reconciling balance sheet and general ledger accounts.
  • Support annual audit preparations and address audit findings, discrepancies, and compliance issues.
  • Contribute to the enhancement of accounting systems, programs, and procedures.
  • Complete general ledger entries and month-end closing processes.
  • Participate in the annual budgeting and planning activities.
  • Review financial plans and compare actual results to identify and address variances.
  • Assist the CFO in engaging with the board’s audit and finance committees regarding financial trends and operational models.
  • Oversee financial, project/program, and grants accounting to ensure alignment with budgetary constraints throughout the funding period.
  • Organize financial reporting materials for governmental, corporate, and foundation grants.
  • Assist in cash flow forecasting for the organization.
  • Collaborate with the CFO to evaluate the financial effectiveness of program operations and establish robust finance and administrative systems.
  • Direct the preparation of statistical reports for management and regulatory agencies.
  • Provide daily oversight and guidance to the Finance Department staff to ensure operational efficiency and promote professional development.
  • Engage in meetings with management and departmental staff to discuss financial matters.
  • Participate in ongoing professional development and maintain relevant professional affiliations.