Financial Analyst

Job Description

Job Description

With over 150 years of caring for our community and one another in the Washington, D.C. area, Howard University Hospital has a world-renowned reputation for high-quality, patient-centric care. It is the nation’s only teaching hospital located on the campus of a Historically Black University.  Howard University Hospital seeks to hire a Financial Analyst in our Finance Department who will embrace our rich and historic tradition of excellence. If you want to make a difference in someone’s life every day, consider a position with a team of professionals who are doing just that, making a difference.

The Financial Analyst provides financial and analytical support to Howard University Hospital. This support includes financial and operational analysis to support key management initiatives, capital and operational budgeting, labor productivity analyses, service line and margin analyses, long-term planning, and responding to ad-hoc requests as necessary. The Senior Financial analyst should exhibit HUH CARES values, produce high-quality deliverables on time with clear and concise communication, and be accountable for the work product.

Duties include :

Ad-hoc financial analyses, including proformas, long-term plans, and other requests assigned. Evaluation of Capital requests to understand ROI as well as service line analytics.

Annual budget preparation and monthly reconciliation

Day-to-day financial support, including AP, payroll, and general financial support to leaders and staff

Entity financial analyses, including month-end financial review and reconciliation

Act as Liaison between HUH, HU, and FPP

Assumes other duties and responsibilities that are related and appropriate to the position and area. The above responsibilities are a general description of the level and nature of the work assigned to this classification and are not to be considered as all-inclusive.

Competencies Required :

Ability to perform highly technical financial analysis

Working knowledge of Acute Care hospital operations

Advanced skills in Micros

With over 150 years of caring for our community and each other in the Washington DC area, Howard University Hospital has a world-renowned reputation for high-quality, patient-centric care and is the nation’s only teaching hospital located on the campus of a Historically Black University.  Howard University Hospital seeks to hire a Financial Analyst in our Finance Department who will embrace our rich and historic tradition of excellence. If you want to make a difference in someone’s life every day, consider a position with a team of professionals who are doing just that, making a difference.

Under the supervision of the AVP Finance / Controller, the Financial Analyst maintains, updates and reviews financial and statistical data in Howard University Hospital’s accounting and budget applications.

Duties include :

Prepares, reviews, and validates financial statements and reports including budgets, variances, forecasts, pricing, and other financial data. Works with Sr. Financial Analyst on capital request ROI analysis and Service Line analysis.

Reviews departmental operating statement monthly to determine reasons for budget variances.

Reviews actual revenue and expense balances monthly.

Extracts actual revenue and expense balances from core financial systems including clinical accounting system, Lawson financial system and other applications monthly.

Prepares various management reports including bi-weekly overtime, employee overtime report, full-time equivalent report, new hires and separation reports, accounts payable, and service agreement reports for distribution to departments as well as other reports

Assists in the training and education of Howard University Hospital's employees on budgeting process and on the monthly variance analysis process.

Assists in the design and development of financial models and databases.

Performs an array of budget-related special projects as required.

Competencies Required :

Knowledge and understanding of budgetary policies, precedent setting decisions, procedures and regulations in order to ensure that budget assumptions, forecasts, estimates and submissions conform to requirements.

Capable of utilizing ERP systems and proven ability in financial reporting.

Ability to work independently and with a team

Ability to operate standard office equipment including personal computer, accounting and budget systems.

Ability to work well under pressure.

Ability to work with computer software applications including Microsoft Office Suite, Excel, Word and PowerPoint.

Analytical, problem-solving and quantitative skills; strategic thinking and high attention to detail.

Excellent written and oral communication skills

Minimum Requirements :

Bachelor's Degree in Accounting or Finance or Healthcare Administration or Business Administration Business Management.

Three (3) years of experience in budgeting and or analytical administrative experience.

At Howard University Hospital our job is to care for you. We do this by offering :

Work life balance

Recognition and rewards for professional expertise

Competitive, comprehensive benefit plans offered (including health, disability, vacation and sick leave and 403B retirement plan)

Position Details :

Sr. Financial Analyst – Full Time

Department : Finance

Work Location : Washington, DC (Onsite)

Monday-Friday 8 : 30 – 5 : 00 (Onsite)

Salary Range : $56,803 – $90,885

Code : Non-Union HA2-14

COVID-19 Vaccination :

Howard University Hospital requires all external applicants to be fully vaccinated for COVID-19 before commencing employment.  External Applicants may be required to furnish proof of vaccination and, if offered, may elect to be vaccinated at a designated Howard University Hospital location.

oft Excel, PowerPoint, Word, and other MS Office products

Experience managing and completing the annual budgeting process, including volume, revenue, and expenses

Ability to work independently and productively in a fast-paced environment

Accountability in producing high-quality and timely work products

Strong communication, interpersonal, and relationship management skills

Must have a strong working knowledge of Generally Accepted Accounting Principles and Standards (GAAP)

Ability to plan and coordinate projects from start to finish, set and meet objectives, budgets, and deadlines

Required to maintain levels of confidentiality with sensitive information

Minimum Requirements :

Bachelor's degree in business, Finance, or Healthcare Administration from an accredited college or university required. MBA or Master’s degree preferred.

Three (3) to five (5) years' work experience in financial management or decision support within an Acute Care Facility

CPA preferred

At Howard University Hospital, our job is to care for you. We do this by offering :

Work life balance

Recognition and rewards for professional expertise

Competitive, comprehensive benefit plans offered (including health, disability, vacation and sick leave and 403B retirement plan)

Position Details :

Fiancial Analyst – Full Time

Department : Finance

Work Location : Washington, DC (Onsite)

Monday-Friday 8 : 30 – 5 : 00 (Onsite)

Salary Range : $56,803 – $90,885

Code : Non-Union HA2-15

COVID-19 Vaccination :

Howard University Hospital requires all external applicants to be fully vaccinated for COVID-19 before commencing employment.  External Applicants may be required to furnish proof of vaccination and, if offered, may elect to be vaccinated at a designated Howard University Hospital location.