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Baylor Scott & White Health
Financial Advisor III
Dallas, TX
Jan 9, 2025
Full Job Description

Are you a financial expert with a passion for healthcare? This hybrid role offers the opportunity to work 2 days a week in-office at our new downtown Dallas Administrative Building, with the potential to grow into a fully remote position.

We're seeking a seasoned financial analyst with at least 2 years of experience in healthcare and a strong understanding of financial standards within a medical group setting. If you're ready to leverage your expertise in financial analysis to drive impactful decisions in the healthcare industry, Apply Today!

Join us and take your career to the next level while making a meaningful difference in healthcare.

JOB SUMMARY
The Financial Advisor III Prepares and analyzes financial statements and annual budgets. Prepares and evaluates 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.

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
  • Prepares, monitors, and reports on fiscal year budget inline with operational and strategic parameter.
    • Prepares and recommends effective budgets to cover the projected costs of staffing, equipment and supplies needed to maintain effective operations and financial viability
    • Anticipates and forecasts revenue and reimbursement challenges and opportunities through analysis of cyclical and historical financial data
    • Prepares a continuous long term financial plan inclusive of forthcoming strategic, organization, and operational changes
  • 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 stakeholders
  • KEY SUCCESS FACTORS

      • BS in Accounting or Finance preferred
      • Proficiency with MS Office applications
      • Proven leadership, management, data and communication abilities required
      • Ability to work both autonomously and in collaborative, team-based environments
      • Strong follow-through and execution of day-to-day tasks and responsibilities
      • Prior experience with Kaufman Hall/Axiom budgeting software
      • Prior work experience in a healthcare setting, and familiarity with outpatient KPIs and financial metrics highly preferred

    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:

    • Immediate eligibility for health and welfare benefits
    • 401(k) savings plan with dollar-for-dollar match up to 5%
    • Tuition Reimbursement
    • PTO accrual beginning Day 1

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

    QUALIFICATIONS

    • EDUCATION - Bachelor's
    • EXPERIENCE - 4 Years of Experience
    PDN-9dec8f3b-8f77-475f-9ea7-b178eff613d2
    Job Information
    Job Category:
    Finance
    Spotlight Employer
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    Financial Advisor III
    Baylor Scott & White Health
    Dallas, TX
    Jan 9, 2025
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