Senior Accountant - Hybrid

Senior Accountant - Hybrid
Hybrid position . Will require 2 days (Tuesday and other) per week onsite at 3535 Market St. Philadelphia, PA for the first 90 days. AFTER 90 days, the onsite requirement will be every Tuesday.
PERM position
Work Hours - between core hours of 7am-430pm. Most of the team works 7-330 or 730-4

Description:
Must have budget forecasting experience.

Hybrid position . Will require 2 days (Tuesday and other) per week onsite at 3535 Market St. Philadelphia, PA for the first 90 days. AFTER 90 days, the onsite requirement will be every Tuesday.

Work Hours - between core hours of 7am-430pm. Most of the team works 7-330 or 730-4

Looking for candidates that align with the overall culture of Penn Medicine. Those who want to be part of a large organization that is rooted in the community. Candidates should be motivated to take on challenges, identify areas of improvements, be part of a collaborative team, and make a difference in the success of the department.

This position requires someone with experience working in large organizations, have a professional presence, high level of interpersonal communication and confidence working with, and communicate with Senior, VP and C-Level members of leadership.

Experience in financial and budget planning discussions is required. Healthcare and/or financial institution background is a plus. Penn Medicine uses Infor and Hyperion. Experience with these or similar software like SAS, Adaptive, Vena etc.

Interview: 2-3 rounds include teams interview with hiring manager followed by 1-2 panel interviews (with team members and then team leaders.

Key Responsibilities
Financial Planning & Analysis

• Lead monthly Actual vs. Budget analysis, including identification of key cost drivers, trends, and risks.
• Prepare and maintain operating expense reports, including salary and non-salary expense.
• Partner with Data & Technology (DTS) leaders to support annual budget development, reforecasts, and long-range planning activities.
• Develop clear, concise financial narratives and executive-ready commentary to explain performance results and variances.
• Analyze workforce trends, contractor spend, and position control to ensure alignment with approved budgets and staffing plans.
• Support capital planning activities, including capital project tracking, capital spend analysis, and project-level financial reporting.

Accounting & Month-End Close Support

• Prepare and review monthly expense accruals, prepaid amortization entries, and other journal entries in accordance with Generally Accepted Accounting Principles (GAAP) and accrual-based accounting standards.
• Demonstrate a strong working knowledge of GAAP to ensure accurate financial reporting, proper expense recognition, and compliance with internal accounting policies.
• Support monthly close activities to ensure timely, accurate financial reporting.
• Assist with balance sheet reconciliations and ensure compliance with internal controls and accounting policies.
• Coordinate with Capital Accounting and Accounts Payable to ensure accurate expense recognition and capitalization.

Reporting & Decision Support

• Produce recurring and ad-hoc financial reports and dashboards (MTD, YTD, and trend analysis) for leadership review.
• Provide analytical support for cost optimization initiatives, vendor spend reviews, and resource allocation decisions.
• Support leadership with scenario modeling, sensitivity analysis, and financial impact assessments for new initiatives.
• Contribute to the development and documentation of standard operating procedures (SOPs) for recurring finance processes.

Collaboration & Continuous Improvement

• Act as a trusted finance partner to DTS stakeholders, promoting financial transparency and accountability.
• Identify opportunities to improve reporting efficiency, automate processes, and enhance data quality.
• Support audit requests and internal reviews as needed.

Credentials : Certified Public Accountant preferred but not required.
Education : · Bachelor's degree is required. Education Specialization : Accounting and/or Finance.

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