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- Tasks: Analyse financial data and support teams in understanding financial information.
- Company: RWJBarnabas Health is a leading healthcare provider focused on patient-centred care and community health.
- Benefits: Enjoy competitive pay, paid time off, tuition reimbursement, and discounts with partners like Verizon.
- Why this job: Join a mission-driven team making a real impact in local communities through innovative healthcare solutions.
- Qualifications: Bachelor's in Accounting or Finance and five years of relevant experience, preferably in healthcare.
- Other info: Must be proficient in Excel and possess strong interpersonal skills.
The predicted salary is between 43200 - 72000 £ per year.
The Senior Financial Analyst will analyse financial data and be a business partner who will assist others to understand the financial information.
Qualifications:
- Required: Bachelor's Degree in Accounting or Finance.
- A minimum of five years of relevant experience in professional accounting, preferably in a healthcare setting.
- Demonstrate the ability to prepare, analyse, and maintain various financial reports.
- Strong knowledge of accounting principles and procedures.
- The ability to communicate and work effectively with a diverse group of business professionals at all levels of the organisation.
- Preferred: PeopleSoft experience preferred. Healthcare accounting experience.
Essential Functions:
- Create detailed analysis of financial data, FTEs, Charges, Stats, and reconciliations.
- Analyse data for opportunities across the system.
- Create reconciliations, detailed account analyses with sufficient and appropriate supporting documentation.
- Analyse general ledger accounts for detail, accuracy, and propose appropriate reclass, prepaid entries, and follow-ups.
- Assist department heads to research budget variances and with plans to offset.
- Work with various department heads to gain financial operations understanding in order to create coherent reporting and communications.
- Follow up on account analyses and accruals with department heads to ensure accuracy and gain understanding of department operations.
- Identify, research, and provide recommendations for resolution to any accounting issues, and have a comprehensive understanding of accounting in accordance with GAAP.
- Routinely review vendor statements for accurate recording of outstanding balances, and work with AP/purchasing to resolve discrepancies, duplicate invoices, misapplied invoices, and miscoding.
- Identify and research reasons for potential delays in payment or other issues.
- Must be highly proficient in Excel, a self-motivator who leads and takes initiative.
- Have excellent interpersonal skills and a keen analytic mind.
- Complete special projects, ad hoc requests and other duties as assigned.
Other Duties:
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time, with or without notice.
Benefits and Perks:
- Paid Time Off (PTO)
- Medical and Prescription Drug Insurance
- Dental and Vision Insurance
- Retirement Plans
- Short- & Long-Term Disability
- Life & Accidental Death Insurance
- Tuition Reimbursement
- Health Care/Dependent Care Flexible Spending Accounts
- Wellness Programs
- Voluntary Benefits (e.g., Pet Insurance)
- Discounts through our partners, such as NJ Devils, NJ PAC, Verizon, and more!
Additional Information:
RWJBarnabas Health is the premier health care destination providing patient-centered, high-quality academic medicine in a compassionate and equitable manner, while delivering a best-in-class work experience to every member of the team. We honour and appreciate the privilege of creating and sustaining healthier communities, one person and one community at a time. As the leading academic health system in New Jersey, we advance innovative strategies in high-quality patient care, education, and research to address both the clinical and social determinants of health. RWJBarnabas Health aims to truly make a unique impact in local communities throughout New Jersey.
Equal Opportunity Employer: RWJBarnabas Health is an Equal Opportunity Employer.
Senior Financial Analyst employer: RWJBarnabas Health
Contact Detail:
RWJBarnabas Health Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Financial Analyst
✨Tip Number 1
Network with professionals in the healthcare finance sector. Attend industry events or join relevant online forums to connect with individuals who work at RWJBarnabas Health or similar organisations. This can provide you with insights into the company culture and potentially lead to referrals.
✨Tip Number 2
Familiarise yourself with PeopleSoft if you haven't already. Since it's preferred for this role, having a solid understanding of how it works can set you apart from other candidates. Consider taking an online course or finding resources that can help you get up to speed.
✨Tip Number 3
Prepare to discuss your experience with financial analysis in detail. Be ready to share specific examples of how you've identified opportunities for improvement in previous roles, especially in a healthcare setting. This will demonstrate your ability to add value to the team.
✨Tip Number 4
Showcase your Excel skills during the interview process. Since proficiency in Excel is crucial for this position, consider preparing a brief demonstration of your capabilities or discussing complex analyses you've conducted using Excel in past roles.
We think you need these skills to ace Senior Financial Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in accounting and finance, particularly in healthcare settings. Emphasise your ability to prepare and analyse financial reports, as well as any specific software skills like PeopleSoft.
Craft a Strong Cover Letter: In your cover letter, explain how your background aligns with the responsibilities of the Senior Financial Analyst role. Mention your experience with financial data analysis and your ability to communicate effectively with diverse teams.
Highlight Key Skills: Clearly outline your proficiency in Excel and any other relevant tools. Discuss your analytical mindset and interpersonal skills, as these are crucial for the role and will set you apart from other candidates.
Showcase Relevant Achievements: Include specific examples of past projects or achievements that demonstrate your ability to identify and resolve accounting issues, as well as your experience in creating detailed financial analyses and reconciliations.
How to prepare for a job interview at RWJBarnabas Health
✨Know Your Numbers
As a Senior Financial Analyst, you'll be expected to have a strong grasp of financial data. Brush up on key metrics and reports relevant to the healthcare sector, and be prepared to discuss how you've used data analysis to drive decisions in your previous roles.
✨Demonstrate Communication Skills
This role requires effective communication with various department heads. Prepare examples of how you've successfully communicated complex financial information to non-financial professionals, showcasing your ability to bridge the gap between finance and operations.
✨Familiarise Yourself with GAAP
Understanding Generally Accepted Accounting Principles (GAAP) is crucial for this position. Be ready to discuss how you've applied these principles in your past work, particularly in relation to reconciliations and financial reporting.
✨Excel Proficiency is Key
Since the job requires high proficiency in Excel, make sure you can demonstrate your skills. Consider preparing a brief overview of advanced Excel functions you've used in financial analysis, such as pivot tables or VLOOKUP, to impress your interviewers.
