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Finance Manager

Job ID: 153235
Category: Management/Leadership
Work Type: FT
Location: Philadelphia, PA, United States
Date Posted: Sep 16, 2022
Work Schedule: Per Departmental Needs

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Description

Penn Medicine is dedicated to our tripartite mission of providing the highest level of care to patients, conducting innovative research, and educating future leaders in the field of medicine. Working for this leading academic medical center means collaboration with top clinical, technical and business professionals across all disciplines.

Today at Penn Medicine, someone will make a breakthrough. Someone will heal a heart, deliver hopeful news, and give comfort and reassurance. Our employees shape our future each day. Are you living your life's work?

Department: Psychiatry

Location: Philadelphia, PA

Summary:

  • Provide financial support to the Director of Finance and department leadership in the development of strategic, financial and operation plans.
  • Provide support to the Finance department in management of the department's financial reporting, planning, leadership and business consulting support to enable the entity leadership team to make wise decisions and accomplish its access, quality, service and operating goals.
  • Staff development including recruitment, performance management, development and retention of team members. Easily accessible to staff members and trains users of financial systems. Functions as the Director of Finance in his/her absence.
  • Supervises professional level and support level staff.

Responsibilities:

  • Perform key financial planning services include results reporting, performance analysis, program evaluation (pro forma), budgeting and forecasting, and modeling while promoting effective and efficient controls. Manages the production and distribution of monthly financial reports.
  • Monitor daily business transactions, accounting activities including accounts payable/accounts receivable processing, payroll processing, monthly variance analysis.
  • Budget and Operations Planning and Analysis - development, implementation, and facilitation of capital and operating budgets using system-wide standards and processes.
  • Prepares internal financial statements accurately and in a timely manner. Presents financials to departmental leadership on a monthly basis. Works closely with faculty division/program chiefs on monthly income statements. 
  • Analyzes variance between actual data in comparison to budget. Prepares written variance explanations for financial statements.
  • Facilitate operational changes on various projects to ensure successful financial outcomes.
  • Assures direct reports follow all policies and procedures regarding the processing of data and management of information.
  • Works closely with entity finance staff on purchased services IET, programmatic support IET, shared risk programs and related matters
  • Supervises support staff in the finance office and assures technology is utilized for maximum accuracy and efficiency

Credentials:

  • Certified Public Accountant

Education or Equivalent Experience:

  • Bachelor of Arts or Science (Required)
  • Accounting, Finance, or Business Administration Experience reporting and budgeting of revenue management; fiscal management preferred 5+ years of experience in a financial setting; 1 year of which was in a management/supervisor role. Thorough knowledge of healthcare accounting preferably in an academic environment.
  • Master of Arts or Science
  • MBA or MS in Accounting/Finance

We believe that the best care for our patients starts with the best care for our employees. Our employee benefits programs help our employees get healthy and stay healthy. We offer a comprehensive compensation and benefits program that includes one of the finest prepaid tuition assistance programs in the region. Penn Medicine employees are actively engaged and committed to our mission. Together we will continue to make medical advances that help people live longer, healthier lives.

Live Your Life's Work

We are an Equal Opportunity and Affirmative Action employer. Candidates are considered for employment without regard to race, ethnicity, color, sex, sexual orientation, gender identity, religion, national origin, ancestry, age, disability, marital status, familial status, genetic information, domestic or sexual violence victim status, citizenship status, military status, status as a protected veteran or any other status protected by applicable law.

   Current UPHS employees must apply HERE
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