Submission for the position: Financial Advisor III - (Job Number: 24007548)
JOB SUMMARY
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
BENEFITS - Our competitive benefits package includes the following
- 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 Degree
- EXPERIENCE - 4 years of experience
Baylor Scott & White Health Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Baylor Scott & White Health and has not been reviewed or approved by Baylor Scott & White Health.
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Healthcare Strength — Comprehensive medical, dental, vision, and mental health coverage, plus EAP and wellness resources, are consistently described as robust. Coverage begins promptly with multiple plan options that work well within the system’s network.
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Retirement Support — A dollar-for-dollar 401(k) match and additional financial benefits are viewed as meaningful components of total rewards. Retirement resources and savings programs are presented clearly alongside other perks.
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Leave & Time Off Breadth — PTO, paid holidays, parental leave, and the ability to sell or donate PTO reflect a broad time-off offering. Accrual structures and usage options are highlighted as part of the overall package.
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What We Do
Baylor Scott & White Health is the largest not-for-profit healthcare system in the state of Texas. With total assets of $10.8 billion*, Baylor Scott & White Health has the vision and resources to provide its patients and members continued quality care while creating a model system for a dramatically changing healthcare environment. Baylor Scott & White Health includes 50 hospitals, 5,397 licensed beds, more than 1,000 patient care sites, close to 7,800 affiliated physicians, 48,000 employees, $9.1B total net operating revenue* and the Baylor Scott & White Health Plan.
