What are the responsibilities and job description for the Submission for the position: Financial Advisor III (Physician/APP Compensation) position at Baylor Scott & White Healthcare?
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
WORK MODEL
ESSENTIAL FUNCTIONS OF THE ROLE
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
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.
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.
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 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.
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
For this particular FA position, a CPA certification is not needed
BENEFITS
Our benefits are designed to help you live well no matter where you are on your journey. For full details on coverage and eligibility, visit the Baylor Scott & White Benefits Hub to explore our offerings, which may include :
Amount of days assigned is based off of years of service
Note : Benefits may vary based upon position type and / or level
QUALIFICATIONS
Preferably in the healthcare industry
