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   Current UPHS employees must apply HERE

Senior Financial Analyst at the Hospital of the University of Pennsylvania

Job ID: 218087
Category: Accounting/Finance
Work Type: FT
Location: Philadelphia, PA, United States
Work Schedule: M-F

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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?

Summary:

  • A financial role that will optimize savings and maintain compliance for the UPHS 340B Drug Pricing Program which generates $470M in savings annually. This will be more of an oversight role working directly with the Financial Analyst in order to enhance the 340B knowledge of the team. This role will support and advise technical staff on 340B operations and compliance for all UPHS entities. Provide oversight of entity-specific inventory controls and optimization for over $6M. This position will take a larger role in the monthly financial and budgeting process. The Senior Financial Analyst will report to the Director of Business Operations and work closely with the Business Manager and Financial Analyst. They will also provide financial analysis to support senior leadership with decision-making and retail pharmacy program growth.

Responsibilities:

  • Accountable for daily management of all facets of the of 340B Program at HUP, including software maintenance and optimizationReconciliation and determination of 340B Retail Patient Eligibility for all HUP Retail PharmaciesResponsible to maintain 340B complianceTimely and accurate completion of routine analysisParticipate in routine 340B Auditing at HUP sitesDaily monitoring of inventory management & purchasing patterns at HUPAssists with financial reporting/budgetsa) preparing monthly journal entriesb) reconciles and performs analysis within assigned accountsc) preparing monthly presentation for Financial Close meetingsd) work with Department management in development of annual budgetse) maintain reports relating to internal and external auditsDevelop procedures to automate operations by using Microsoft Office in order to improve the processes3rd Party insurance collections processResponsible for management and completion of special projects as assignedProviding financial support to Business Manager, Director of Business Operations; CAO, CFO and entity leadership

Credentials:

    Education or Equivalent Experience:

    • Bachelor of Arts or Science (Required) with 4+ years of experience.
    • Master of Arts or Science (preferred)

    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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