JOB SUMMARY

• Prepares financial statements. Performs monthly balance sheet, income statement and changes in financial position/budget variance analyses. Consults and advises senior management on financial and operational issues impacting the strategic financial plans of the organization, working autonomously.
  • This particular financial advisor will work solely on physician and advanced practice provider compensation

ESSENTIAL FUNCTIONS OF THE ROLE

• COORDINATES, EXAMINES, INVESTIGATES, AND ADVISES SENIOR MANAGEMENT ON DEPARTMENTAL/DIVISIONAL/INSTITUTIONAL FINANCIAL VARIANCE REPORTS.
  • Studies financial results and provides management with reports as required. Coordinates and investigates opportunities to enhance revenue and/or reduce cost providing management with data to support findings. Advises senior management on issues related to the financial operations of various departments. Meets with senior management to review financial operation of various departments* Strives to meet deadlines on special projects and studies as assigned.
• PREPARES, MANAGES AND EXAMINES FINANCIAL INFORMATION RELATED TO THE END OF MONTH CLOSE CYCLE.
  • Manages and prepares the month end journal preparation process for efficient and accurate closes. Coordinates the review process each month after close cycle for completeness and accuracy. Communicates timely information to the G/L coordinator for posting to books and records according to close schedule. Reviews month end data after close cycle for completeness. Examines complex financial information to ensure financial reports have a high degree of integrity. Evaluates month end process and recommends processes for improvement.
• CREATES AND EDUCATES STAFF ON ADVANCED INVISION REPORTS FOR INTERNAL FINANCIAL STUDIES
  • Writes and revises moderately complex PS nVision reports prior to dissemination to leadership. Writes and disseminates PS nVision reports for financial study. Completes assigned report writing projects on time. Coordinates the preparation of financial reports in formats that are easy to read and understand. Understands data to establish reporting needs. Creates adhoc reports as requested .Responsible for the education of senior management on uses of financial reports.
• PERFORMS AND COMMUNICATES MODERATE TO COMPLEX STUDY FOR EXTERNAL USERS OF FINANCIAL INFORMATION.
  • Provides management appropriate financial study timely and efficiently. Oversees the research of complex lines of business for continued operations. Recommends changes in financial operations that improves financial performance. Maintains favorable working relations with external users of financial information. Reviews, studies, and communicates financial variances to appropriate management official.
• DEVELOPS MULTIPLE SYSTEM COMPUTER BASED PROGRAMS FOR USE IN FINANCIAL AND OPERATIONAL REPORTING.
  • Develops computer based programs that assist leadership in understanding the complexities of operational data. Enhances the financial reporting environment through efficient operating procedures. Provides timely and accurate reports using multiple data bases. Coordinates and oversees the collection of  data from appropriate sources converting to easily understood financial information.
• PERFORMS OTHER POSITION APPROPRIATE DUTIES AS REQUIRED IN A COMPETENT, PROFESSIONAL AND COURTEOUS MANNER.
  • The duties for this FA position will not be in general ledger, end of month close reporting, or creating/educating staff on internal financial studies with the exception of annual physician compensation benchmarking.

KEY SUCCESS FACTORS

• CPA certification preferred
  • For this particular FA position, a CPA certification is not needed
• Proficient with MS Office applications. 
• Proven leadership, management, data and communication abilities required.

BENEFITS

Our competitive benefits package includes the following

• Immediate eligibility for health and welfare benefits
• 401(k) savings plan with dollar-for-dollar match up to 5%
• Tuition Reimbursement
• All PTO days are given every new calendar year (Tracking Free Time Off methodology)
  • Amount of days assigned is based off of years of service 
  • Days are prorated if starting after January or mid-year

Note: Benefits may vary based upon position type and/or level

QUALIFICATIONS

• EDUCATION - Bachelor's
• EXPERIENCE - 4 Years of Experience
  • Preferably in the healthcare industry
  • Knowledge or working with physician compensation is a plus

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About Baylor Scott & White Health

Baylor Scott & White Health (BSWH) is the largest not-for-profit health care system in Texas and one of the largest in the United States. With a commitment to and a track record of innovation, collaboration, integrity and compassion for the patient, BSWH stands to be one of the nation’s exemplary health care organizations. Our mission is to serve all people by providing personalized health and wellness through exemplary care, education and research as a Christian ministry of healing. Joining our team is not just accepting a job, it’s accepting a calling!

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