Johns Hopkins - Baltimore, MD
posted about 2 months ago
The Financial Analyst for Faculty Practice Finance at Johns Hopkins University will play a crucial role in coordinating and participating in activities related to managing the School of Medicine (SOM) faculty workforce. This position is part of the Faculty Practice Finance (FPF) vertical within the SOM Central Finance office, which is responsible for overseeing the financial performance of the School of Medicine and partnering with various departments to advance strategic financial initiatives. The Analyst will conduct financial analyses to assist management in setting financial goals and objectives for the FPF group, as well as perform various financial and accounting activities that support budgeting, business plans, professional revenue evaluations, faculty compensation, and funds flow impacts. In this role, the Analyst will extract financial data from multiple accounting and information systems to perform basic to moderately complex cost and financial analyses. They will also serve as a project manager to ensure that the FPF team is making progress toward its annual goals. The position requires a strong understanding of financial management principles and the ability to interpret data to evaluate past financial performance and make projections for management decision-making. The Analyst will be responsible for producing financial reports for forecasting, trading, and results analysis, and will provide recommendations to management based on their findings. Additionally, the Analyst will be involved in program management, including managing faculty compensation, submitting data for benchmarking, and supporting departments during the annual faculty budget process. They will maintain a database of financial agreements and participate in meetings to support the Faculty Practice, including workforce planning and compensation committees. The role also involves training and communicating with colleagues about internal controls and collaborating with various stakeholders within the university to ensure effective financial operations.