The Finance Division of the American College of Physicians (ACP) is seeking a candidate for the position of Senior Financial Analyst for the Financial Planning, Analysis and Payroll department. ACP, a national organization of internal medicine physicians with headquarters in Philadelphia, is the largest medical specialty organization and the second-largest physician group in the United States with members in more than 172 countries worldwide.
The Senior Financial Analyst is responsible for ensuring daily operations of the budget and financial analysis area are functioning efficiently. They will collaborate with College staff on budget, analysis and forecasting matters, and provide detailed reports for senior management. This position is hybrid (2 days on-site) located in our Philadelphia office.
Annual Budget
- Assists in coordinating the annual budget cycle, including preparation and enhancement of the upcoming fiscal year’s budget, accurate current-year reporting, and quarterly forecasts.
- Assists CFO and Director of Financial Reporting in developing the assumptions that will form the basis of the College Wide Budget.
- Prepares annual budget calendar and instructions to communicate requirements and timelines to budget managers and liaisons.
- Prepares Executive summaries of operating and capital budget for prior, current and future budget fiscal years, as required.
Analyses & Forecasts
- Reviews monthly financial reports/statements and prepares executive summary for senior management.
- Provides detailed analysis of revenue and expense for all product lines.
- Reviews and analyzes quarterly forecast submissions from College staff.
- In conjunction with the Director of Financial Planning, provides a summarized fiscal year-end projection for CFO's review with upper management.
Budget Function Management – Administration
- Reconciles budget data in the ERP (currently Sage) with networked based Excel spreadsheet system.
- Consolidates annual and phased budgets and prepares the corresponding budgets downloads.
Other
- Contributes to various PowerPoint presentations to Financial Policy and Audit Committee, Board of Regents, and Senior Staff.
- Provides oversight to Staff Budget Accountant on day-t