Senior Financial Specialist
4 weeks ago
We are seeking a highly skilled Senior Financial Specialist to join our team at the University of Massachusetts Medical School.
The ideal candidate will have 5-7 years of experience in finance-related roles and a strong background in financial analysis, budgeting, and planning.
This position will be responsible for conducting financial analysis, creating and presenting financial statements, reports, and metrics functions. They will also provide information to the leadership team on cost savings, cost analysis, financial management, financial metrics, and financial improvement opportunities.
Key Responsibilities:
- Assist the Director, Finance in monitoring and analyzing financial accounts on a monthly, quarterly, and annual basis.
- Support the Finance leadership team in providing market and margin analysis, pricing models, and cost development support services.
- Analyze financial information using queries, spreadsheets, databases, and other reporting tools for trend analysis, forecasting, and financial ratios.
- Analyze trends, make financial projections, and assess financial risk.
- Produce financial reports for management, as needed or requested, including income statements, cash flow statements, and balance sheets.
- Conduct in-depth analysis of program data and perform computations with a high degree of independence.
- Collect, extract, analyze, and manage financial information.
- Ensure accuracy of reports by reviewing data and resolving discrepancies internally for assigned reports.
- Prepare reports and projections based on financial data, consolidating for the leadership team.
- Create and submit journal entries and reports.
- Track and analyze revenue data.
- Participate in project meetings related to financial analysis, data analysis, and management.
- Support internal dashboards and reporting, including the review of dashboards created by other team members.
- Review and support DCS finance group team members as needed.
- Review and monitor compliance with federal and state regulations.
Requirements:
- Bachelor's Degree in Finance, Accounting, a related field, or equivalent experience.
- 5 – 7 years of finance-related experience.
- Demonstrated experience/skills in appropriate computer, statistical, or database applications.
- Demonstrated ability to write reports, analyze financial documents, journal articles, and/or other technical documents.
- Excellent communication, both oral and written.
- Interpersonal skills necessary to interact successfully with a wide range of individuals.
- Proven analytical skills to process large amounts of information to find cost savings methods.
- Ability to work independently and collaboratively.
- Ability to recognize potential financial problems, engage in strategic planning and analysis of financial resources, markets, and products, and assist management in making sound, profitable financial decisions.
- Demonstrated experience using computer-based tools including word processing, databases, and advanced experience with Microsoft Excel.
Preferred Qualifications:
- Master's Degree in Finance, Accounting, or related field.
- Certified Public Accountant (CPA) or equivalent certification(s).
- 6 – 8 years of experience in health sciences, healthcare, or disability services fields.
Salary: $90,000 - $110,000 per year, depending on experience.
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