Financial Analyst

first_imgGeneralSummary/Purpose:Johns Hopkins BiomedicalEngineering (BME) is an interdisciplinary department, part of across collaboration effort between the Whiting School ofEngineering (WSE) and the School of Medicine (SOM). TheDepartment’s mission is to improve health through excellence inresearch and education at the interface of engineering, biology,and medicine.The Financial Analyst(FA), reporting to the Financial Manager, leads the budgeting andfinance activities for the Department of Biomedical Engineering.The FA will perform analysis and projections relating to businessor research trends, oversee the development and monitoring ofdepartmental non-sponsored, discretionary and sponsored budgets,plan and determine costs of business activities; recommend budgetadjustments and other cost improvement measures and close outterminated grants and contracts, transfer funding and producesummary documents. This position will also ensure that all fundingis received and that expenditures do not exceed revenue, developfinancial planning and cost analysis reports, meet with faculty toreview and ensure compliance with university and/or agencyregulations and restrictions, and perform comprehensive financialanalysis to improve departmental financial effectiveness andcompliance with JHU and/or agency regulations andrestrictions.Specific Dutiesand Responsibilities:GrantManagement: Manages post-award process including but notlimited to allocation of budgets, coordinating the timely andaccurate set up of payroll per grant guidelines, processing journalentries and cost transfers as needed, reconciling reports, researchrelated payroll and financial data. • Facilitate and/or producespecialized sponsored research/project reports utilizinginstitutional and/or departmental systems). • Provide guidance andoversight that grant/contract funds remain in compliance withUniversity and award/contractual guidelines, includingrecommendations to ensure all sponsored awards are reconciled andbalanced without a surplus or deficient balance. • Key contact forShared Services Sponsored Projects as part of the grant/contractfiscal reporting processes including the grant/contract closeoutand Financial Status Reporting process. • Key contributor in theannual budgeting process by providing research salary and supportinformation. Ensures that salaries are not on control salary andthat all research salary support for faculty and staff is clearedfrom the departmental default account monthly. • Provides monthly,periodic and/or ad-hoc financial reporting as requested by Faculty.• Ensures proper management of all sponsored awards, by insuringall financial transactions agree with GAAP, NIH Grants PolicyStatement, FDP, OMB, CAS, and University. • Timely review of effortreports and payroll prior to release to the PIs forsignoff.Financial:Interpretdata to determine past financial performance and/or to project afinancial probability. Ensure that expenditures for budgeted grantsand contracts are monitored and that reports are prepared tomaintain balanced accounts. Oversee the procurement process for allsponsored and non-sponsored faculty accounts. Develop and overseethe maintenance of sponsored account budget monitoring systems.Develop complex financial reports for forecasting, trending andresults analysis. Monitor, identify and communicate overexpenditures to faculty and administrative staff. Resolve fundingshortfalls. Keep abreast of laws and regulations that apply inorder to maintain up-to-date compliance with all sponsoredaccounts. Reconcile petty cash for sponsored account monthly.Identify high-risk sub recipient and maintain compliance with thesub recipient monitoring policies and procedures. Review andapprove procurement cards by the monthlydeadline.FinancialAnalysis:Perform analysis on budget performance,investigate variances, provide justification, and communicates toleadership as requested. • Assist in researching expense and volumevariances. • Seek to resolve any expense posting errors andcommunicate proper expense allocation as needed. • Complete monthlyreconciliation for the department accounts and analyze budgetpatterns and project expendituresFinancialReporting:Extract financial data from various accountingand information systems and perform financial and cost accountinganalysis of data • Assist in updating/preparing departmentaldashboard and executive summary. • As assigned, generate anddistribute monthly reports and create new reports to improvemonitoring of revenues/expenses within the department. • Ensureexpenditures for budgets are monitored and reports are prepared tomaintain balanced accounts. • Work requires analytical competencyin order to gather and interpret data, as well as proficiency withfinancial reporting systems to build reports.This description is ageneral statement of required duties and responsibilities performedon a regular and continuous basis. It does not exclude other dutiesas assigned.MinimumQualifications (Mandatory):Bachelor’s degree infinance, accounting, or other related fieldThree years progressivelyresponsible related financial/accountingexperienceAdditional education maysubstitute for required experience and additional relatedexperience may substitute for required education, to the extentpermitted by the JHU equivalency formula.JHU EquivalencyFormula:30 undergraduate degree credits (semester hours)or 18 graduate degree credits may substitute for one year ofexperience. Additional related experience may substitute forrequired education on the same basis. For jobs where equivalency ispermitted, up to two years of non-related college course work maybe applied towards the total minimum education/experience requiredfor the respective job. Johns Hopkins University Business & Administrative Affairs Not specified Full Time jobs in Baltimore Salary Not Specified Share Similar jobs More searches like this You need to sign in or create an account to save You need to sign in or create an account to save Financial Affairs Not specified Full Time jobs in Baltimore Financial Analyst Save Financial Analyst Administrative Not specified Full Time jobs in Baltimore Facebook Financial Analyst Maryland, United States School of Medicine -East Baltimore Campus Salary Not Specifiedcenter_img Student Affairs Not specified Full Time jobs in Baltimore Financial Analyst Maryland, United States The successful candidate(s) for this position will be subject to apre-employment background check.If you are interested in applying for employment with The JohnsHopkins University and require special assistance or accommodationduring any part of the pre-employment process, please contact theHR Business Services Office at [email protected] For TTYusers, call via Maryland Relay or dial 711.The following additional provisions may apply depending on whichcampus you will work. Your recruiter will adviseaccordingly.During the Influenza (“the flu”) season, as a condition ofemployment, The Johns Hopkins Institutions require all employeeswho provide ongoing services to patients or work in patient care orclinical care areas to have an annual influenza vaccination orpossess an approved medical or religious exception. Failure to meetthis requirement may result in termination of employment.The pre-employment physical for positions in clinical areas,laboratories, working with research subjects, or involvingcommunity contact requires documentation of immune status againstRubella (German measles), Rubeola (Measles), Mumps, Varicella(chickenpox), Hepatitis B and documentation of having received theTdap (Tetanus, diphtheria, pertussis) vaccination. This may includedocumentation of having two (2) MMR vaccines; two (2) Varicellavaccines; or antibody status to these diseases from laboratorytesting. Blood tests for immunities to these diseases areordinarily included in the pre-employment physical exam except forthose employees who provide results of blood tests or immunizationdocumentation from their own health care providers. Anyvaccinations required for these diseases will be given at no costin our Occupational Health office.Equal Opportunity EmployerNote: Job Postings are updated daily and remain online untilfilled.EEO is the LawLearn more: legal information Salary Not Specified You need to sign in or create an account to save Maryland, United States Save Financial Analyst LinkedIn Classified Title:Financial AnalystWorking Title: Financial Analyst ​​​​​Role/Level/Range:ATP/03/PCStarting Salary Range: $50,700-$69,780 (Commensurate withExperience)Employee group: Full TimeSchedule: Working 37.5 hours per week; Monday-FridayExempt Status: ExemptLocation: 04-MD:School of Medicine CampusDepartment name: 10002759-SOM BME Biomed EngineerAdministrationPersonnel area: School of MedicineThe successfulcandidate(s) for this position will be subject to a pre-employmentbackground check.If you are interested inapplying for employment with The Johns Hopkins University andrequire special assistance or accommodation during any part of thepre-employment process, please contact the HR Business ServicesOffice [email protected] For TTY users, call via MarylandRelay or dial 711.The followingadditional provisions may apply depending on which campus you willwork. Your recruiter will adviseaccordingly.During the Influenza (“theflu”) season, as a condition of employment, The Johns HopkinsInstitutions require all employees who provide ongoing services topatients or work in patient care or clinical care areas to have anannual influenza vaccination or possess an approved medical orreligious exception. Failure to meet this requirement may result intermination of employment.The pre-employmentphysical for positions in clinical areas, laboratories, workingwith research subjects, or involving community contact requiresdocumentation of immune status against Rubella (German measles),Rubeola (Measles), Mumps, Varicella (chickenpox), Hepatitis B anddocumentation of having received the Tdap (Tetanus, diphtheria,pertussis) vaccination. This may include documentation of havingtwo (2) MMR vaccines; two (2) Varicella vaccines; or antibodystatus to these diseases from laboratory testing. Blood tests forimmunities to these diseases are ordinarily included in thepre-employment physical exam except for those employees who provideresults of blood tests or immunization documentation from their ownhealth care providers. Any vaccinations required for these diseaseswill be given at no cost in our Occupational Healthoffice.Equal OpportunityEmployerNote: Job Postings are updated daily and remain online untilfilled.EEO is theLawLearn more: Apply(This will open in a new window from which you will be automatically redirected to an external site after 5 seconds) Johns Hopkins University Save Financial Analyst Community College of Baltimore County Grants & Contracts Not specified Full Time jobs in Baltimore Twitterlast_img

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