Job Details

Penn State Health - Penn State Health Corporation

Location: US:PA: Hershey

Work Type: Full Time

FTE: 1.00

Shift: Day

Hours: 8

Recruiter Contact: Garrett C. Kieffer at ...@pennstatehealth.psu.edu (MAILTO://...@pennstatehealth.psu.edu)

SUMMARY OF POSITION:

THIS IS A REMOTE POSITION

Under general supervision the Senior Financial Liaison serves as the principal finance person of the assigned department(s) and business unit(s), providing direct and proactive support with budget development, performance analyses, and operation and strategic financial analyses. The Senior Financial Liaison ultimately reports to PSH Finance leadership, but has accountabilities to the operational leaders of the assigned department(s) and business unit(s) (inclusive of, but not limited to department chairs, vice presidents of operations, or operations directors). It is general practice that the senior financial liaison has assignments that are more complex and/or higher volume, serving departments with complex finances. The Senior Financial Liaison serves as finance leader, consultant, and educator, and is the finance representative at meetings or on teams and committees. Provides guidance to other staff members on complex financial matters.

ESSENTIAL FUNCTIONS:The percentage of time spent performing essential functions is 98%. Qualified individuals must have the ability (with or without reasonable accommodation) to perform the following duties:

The Senior Financial Liaison provides the following services to assigned department(s) and business unit(s), in coordination with Penn State Health Corporate Finance shared service areas as appropriate:

• Accounting: Review and recommend revenue and expense accruals, verifying appropriate cost center usage and revenue/expense mapping.

• Financial reporting: Produce routine (monthly) managerial financial performance reports (that reconcile to the official Penn State Health system reports), including clinical volumes, staffing levels, and other statistics and indicators. Compose analyses with respect to variances from budgets and prior actual results, efficiency measures, and resource utilization statistics. Produce ad hoc reports that meet the demands of the department(s) and business unit(s), for example productivity measures by provider.

• Budgeting: Lead the department(s) and business unit(s) annual capital and operating budget processes, aligned with the Penn State Health system overall plan and timing. Create department(s) and business unit(s) annual and longrange capital plans, with close alignment to the chief financial officer. Forecast clinical volumes, plan fixed costs and adjust variable costs to volumes, conduct and/or verify revenue projections, and associate operating budgets to institutional strategic plans. Ensure that the capital and operating budgets reflect the direction of set by management and leadership.

• Business planning: Participate in business planning efforts involving the department(s) and business unit(s), and connect with the coordinated shared services business planning office in Penn State Health Corporate Finance. Assemble pro formas and forecasts for new operations and ventures in coordination with the operations management and as an active member of the Penn State Health Corporate Finance business planning effort.

• General services: Research financial and statistical information for the department(s) and business unit(s). Work with the finance lead or entity chief financial officer, around areas such as reimbursements, invoice payments, payroll issues, and expense classifications.

• Communication: Present routine (monthly) financial and productivity information to department chairs and operations management. Discuss financial management decisions that impacted the outcomes. Relay operational issues and concerns to the chief financial officer.

• Collaboration: Serve the team of Financial Liaisons as an active partner to improve processes and services to department(s) and business unit(s). Partner with management and staff to facilitate the resourcing of clinical care. Build constructive working relationships with financial analysts and the staff in Penn State Health Finance.

MINIMUM QUALIFICATION(S):

• Bachelors Degree in finance, accounting, or related field from an accredited college or university is required.

• Seven (7) years functional experience providing financial analysis of operations required.

PREFERRED QUALIFICATION(S):

• 5 years of experience in Healthcare Finance.

WHY PENN STATE HEALTH?

Penn State Health offers exceptional opportunities to learn and grow, exposure to a wide patient population, and the ability to provide individualized, innovative, and specialized care to patients in the community.

Penn State Health offers an exceptional benefits package including medical, dental and vision with no waiting period as well as a Total Rewards Program that highlights a few of the many additional offerings below:

• Be Well with Employee Wellness Programs, and Fitness Discounts (University Fitness Center, Peloton).

• Be Balanced with Generous Paid Time Off, Personal Time, and Paid Parental Leave.

• Be Secured with Retirement, Extended Illness Bank, Life Insurance, and Identity Theft Protection.

• Be Rewarded with Competitive Pay, Tuition Reimbursement, and PAWS UP employee recognition program.

• Be Supported by the HR Solution Center, Learning and Organizational Development and Virtual Benefits Orientation, Employee Exclusive Concierge Service for scheduling.

WHY PENN STATE HEALTH CORPORATION?

There are many ways to make an impact with one of the leading research, teaching, and clinical healthcare systems in the country. Through a combination of operational, corporate, clinical, and nonclinical roles, we are advancing excellence and innovation in health care together as one team. As Penn State Health continues to evolve for the future, we are committed to hiring dedicated employees who are passionate about delivering the best possible support across our entire integrated health system.

Within Penn State Health's Shared Services Entity, we encourage our employees at every turn to continue their education and advancement. Numerous opportunities are available for professional development and career growth.

YOU TAKE CARE OF THEM. WE'LL TAKE CARE OF YOU. State-of-the-art equipment, endless learning, and a culture of excellence - that's Penn State Health. But what makes our healthcare award-winning? That's all you.

This job posting is a general outline of duties performed and is not to be misconstrued as encompassing all duties performed within the position. Eligibility for shift differential pay based on the terms outlined in company policy or union contract. All individuals (including current employees) selected for a position will undergo a background check appropriate for the position's responsibilities.

Penn State Health is an Equal Opportunity Employer and does not discriminate on the basis of any protected class including disability or veteran status. Penn State Health's policies and objectives are in direct compliance with all federal and state constitutional provisions, laws, regulations, guidelines, and executive orders that prohibit or outlaw discrimination.

Union: Non Bargained

Position (REMOTE) Financial Liaison Senior - Financial Support

Location US:PA: Hershey | Finance | Full Time

Req ID 89137