Rutgers, The State University of New Jersey is seeking a Senior Financial Analyst in the Finance Department of Rutgers Cancer Institute of New Jersey.
The primary purpose of the Senior Financial Analyst is to develop dashboards, business plans, forecasts, market analyses, performance benchmarking and financial evaluations of existing and new programs for Rutgers and the Health System. The position also develops contract budgets for services billed to contracts. Other responsibilities include financial reporting as well as fiscal control over personnel transactions and contract costs for assigned business segments.
Among the key duties of this position are the following:
Develops dashboards, business plans, forecasts, market analyses, performance benchmarking and financial evaluation of existing and new programs for both Rutgers and the Health System.
Keeps tracks of clinical productivity by faculty, section, disease group, division and location for all oncology providers across the RWJBH system. Monitors metrics in calculating CINJ incentive under the IPA.
Develops annual budget for the IPA and other clinical contracts.
Keeps track of clinical faculty and staff FTE for budgeting, forecasting and financial reporting purposes.
Provides weekly surgical reports to each surgeon to make sure all services are billed, assists in investigating unbilled services.
Collects productivity and staffing data for clinic leadership, RHG dashboards, RWJBH dashboards and other internal and external users.
Investigates variances and reports to management items requiring action.
Makes sure that reports and billings are adequately supported and reconciled to appropriate accounting records.
Conducts deep dive analyses to identify cost savings and revenue enhancement opportunities.
Develops divisional, contract, program and faculty productivity reports and P&Ls at these levels.
Supports the Business Manager in scenario modeling, and market analyses.
Provides information needed by consultant for incentive calculation and reviews the calculation to make sure data used are accurate.
Minimum Education and Experience:
Bachelor's Degree in Accounting, Finance, Business Administration or a related field.
Four (4) years of responsible experience in financial accounting, budgeting, forecasting, administration and control.
Equivalent education, experience and/or training may be substituted for the degree requirement.
Required Knowledge, Skills, and Abilities:
Maintain confidentiality.
Must be computer literate with proficiency and working knowledge of financial database systems and reporting tools such as Microsoft Excel, Word, Access and PowerPoint.
Effective oral and written communication skills.
Outstanding human relations and leadership skills, and the ability to function in a team environment.
Preferred Qualifications:
Experience in a health care/academic environment.
Knowledge of how to accomplish superior performance in a unionized environment.
Physical Demands and Work Environment:
PHYSICALDEMANDS: Standing, sitting, walking, talking and hearing. No special vision requirements. Lifting up to 25 lbs.
WORKENVIRONMENT: Office environment with moderate noise.
Salary: Maximum salary authorized: $89,327
Posting Number: 22ST2204
Location: Downtown New Brunswick
Internal Number: 169325
About Rutgers University
Rutgers, The State University of New Jersey, is a leading national public research university and the state's preeminent, comprehensive public institution of higher education. Rutgers is dedicated to teaching that meets the highest standards of excellence; to conducting research that breaks new ground; and to turning knowledge into solutions for local, national, and global communities. As it was at our founding in 1766, the heart of our mission is preparing students to become productive members of society and good citizens of the world. Rutgers teaches across the full educational spectrum: preschool to precollege; undergraduate to graduate and postdoctoral; and continuing education for professional and personal advancement. Rutgers is New Jersey's land-grant institution and one of the nation's foremost research universities, and as such, we educate, make discoveries, serve as an engine of economic growth, and generate ideas for improving people's lives.
