Financial Analyst
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About this role
SUMMARY
Under the supervision of the VP of Finance, the Financial Analyst will assist with maintaining the necessary accounting records required for monthly financial statements and other financial reports necessary by the department. The Financial Analyst will apply principles of accounting in preparing analyses and summary schedules to financial statements. This position will also oversee the maintenance and integrity of the general ledger (or sections thereof) and provides technical direction to subordinate level activities.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Bank Account Reconciliation
- Reconciles all bank accounts and prepares monthly cash summary report; verifies all data for accuracy and submits to supervisor.
General Ledger Reporting
- Prepare monthly General Ledger account reconciliations for account U.P.P. payment, Blue Cross and Periodic Interim Payment.
- Responsible for adjusting journal entries for general ledger reporting; (i.e. receipts, disbursements, fixed assets, error codes, etc.).
Fixed Asset Record Keeping
- Responsible for all aspects of fixed asset record keeping and reporting
- Prepares all monthly and quarterly fixed assets reports
- Prepare and submit all annual additions, deletions, and adjustments to external fixed asset record keeper
Annual Budget
- Assists with annual budget preparation as needed.
Employee Benefits
- Maintains records and prepares and reconciliations of health/dental/drug claims or employee benefit plan.
Meditech
- Assists with the utilization and optimization of the Meditech system.
Perform other duties as assigned
COMPLIANCE RESPONSIBILITIES
- Understands and adheres to Loretto Hospital’s compliance standards as they appear in the Compliance Policy, Code of Conduct and Conflict of Interest Policy.
- Keeps abreast of all pertinent federal, state and Hospital regulations, laws, and policies as they presently exist and as they change or are modified.
- Ensures that the staff are trained and evaluated on their knowledge of and adherence to compliance policies and procedures specific to their jobs.
JOB REQUIREMENTS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed must be representative of the knowledge, skills, minimum education, training, licensure, experience, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Required:
- Bachelor’s degree (B.A) from four-year College or university in Accounting, Finance, Business Administration or related field or equivalent combination of education and experience.
- Working knowledge of computers, with a strong understanding of multiple business applications, specifically word processing, spreadsheet, and database applications.
- Experience with Meditech; Meditech Expanse preferred.
The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of the personnel so classified.
For purposes of the American with Disabilities Act, “Job Duties” are essential job functions.
PHYSICAL DEMANDS:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel; and reach with hands and arms. The employee frequently is required to talk or hear. The employee is occasionally required to stand; walk; and stoop, knee, crouch, or crawl. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision.