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RWJBarnabas Health - Robert Wood Johnson University Hospital New Brunswick
Financial Analyst
Career Insights for Financial Analyst (General)
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What they do
A Financial Analyst evaluates investment opportunities and makes recommendations to individuals and businesses. Analyzes the performance of different types of investments, studies business and economic trends and analyzes data to project company earnings
$94,300 / year median in New Jersey
-9% projected decline
Job Description
Job Title:
Financial Analyst Location:
System Business Office Department Name:
Financial Analytics Req #: 0000256672Status:
Salaried Shift:
Day Pay Range:
$68,724.00 - $97,073.00 per yearPay Transparency:
The above reflects the anticipated annual salary range for this position if hired to work in New Jersey. The compensation offered to the candidate selected for the position will depend on several factors, including the candidate's educational background, skills and professional experience.Overview:
The Financial Analyst is primarily responsible for assisting the Managers of Financial Analytics in managing the health systems key Financial Analytics tools and data.Job Responsibilities:
Analyze data for opportunities by site across the system, elevate findings to management Analyze the financial metrics across the RWJBH system to assure accuracy and completion Assist assigned entities with budgeting process, including entering global assumptions and budget figures prior to go-live, performing financial audits, reviewing and analyzing the Budget P&L s, presenting review findings to Managers and Local Finance teams, and updating budget changes and spreads in the system, as needed Assist sites with rolling forecast process, including updating assumptions, entering adjustments, auditing workbooks and bringing items/questions that may need to be addressed during the monthly meetings to the attention of the Manager, preparing monthly P&L variance reports to identify items to review in the forecast, answering site questions, and reviewing forecast for completion once monthly site meetings are done Assist sites with the Strata Management Reporting process, including user role assignment changes, monthly variance commentary distribution, and analysis of monthly variance commentary data that may need further attention, ie. reviewing and identifying variances for explanation and contacting Local Finance and Department Heads if more details are required Complete quarterly Vizient financial benchmarking reports for assigned sites Be an integral part of data reliability, detailed analysis and consistency of monthly data throughout the RWJBH Health System Conduct/Assist in training to Directors/local site staff on StrataJazz for annual refresh of Management Reporting module, Operational Budget training, new releases of the product, new site lead training and rollout of new reports Assist sites with day-to-day questions that may arise May perform other duties as assigned or directed by managementRequirements:
1-5 years of experience in budgeting, forecasting, and accounting preferably with Healthcare experience Bachelor's with relevant years of experience. All other duties as requiredBenefits and Perks:
At RWJBarnabas Health, our employees are at the heart of everything we do. Driven by our Total Wellbeing promise, our market-competitive offerings include comprehensive benefits and resources to support our employees' physical, emotional, financial, personal, career, and community wellbeing. These benefits and resources include, but are not limited to: Paid Time Off including Vacation, Holidays, and Sick Time Retirement Plans Medical and Prescription Drug Insurance Dental and Vision Insurance Disability and Life Insurance Paid Parental Leave Tuition Reimbursement Student Loan Planning Support Flexible Spending Accounts Wellness Programs Voluntary Benefits (e.g., Pet Insurance) Community and Volunteer Opportunities Discounts Through our Partners such as NJ Devils, NJ PAC, and Verizon ....and more! Choosing RWJBarnabas Health! RWJBarnabas Health is the premier health care destination providing patient-centered, high-quality academic medicine in a compassionate and equitable manner, while delivering a best-in-class work experience to every member of the team. We honor and appreciate the privilege of creating and sustaining healthier communities, one person and one community at a time. As the leading academic health system in New Jersey, we advance innovative strategies in high-quality patient care, education, and research to address both the clinical and social determinants of health. RWJBarnabas Health aims to truly make a unique impact in local communities throughout New Jersey. From vastly improving the health of local residents to creating educational and career opportunities, this combination greatly benefits the state. We understand the growing and evolving needs of residents in New Jersey-whether that be enhancing the coordination for treating complex health conditions or improving community health through local programs and education. Equal Opportunity Employer #LI-SK1Benefits
- Paid Time Off (PTO)
- Sick Leave
- Financial Aid/Assistance
- Other Retirement and Savings