When you join the growing BILH team, you're not just taking a job, youâre making a difference in peopleâs lives.
Weâre seeking a dedicated Finance Associate to join our OBGYN team, where youâll perform key financial and administrative functions for the department, including the timely processing of invoices and reimbursements, supporting departmental reporting, and submitting transactional entries such as journal entries and payroll-related items.
Job Description:
Essential Responsibilities:
- Monitors revenue and expenses for multiple accounts in the division. Reconciles billing revenue with P&L statements, monitors variances, and prepares reports for monthly submission and as needed.
- Assists in the preparation of the division's operating budgets; maintains records on expenses to be budgeted.
- Monitors funds and activities, including account reconciliation, prepares transfer requests, creates invoices, reviews accounts payable, processes deposits, and tracks fund balances. Communicates accounting policies and procedures and verifies the appropriateness of accounts assigned for pending transactions.
- Assists with the collection and analysis of data, which requires extracting data, data entry, and formulating reports for management.
- Coordinates with Accounts Payable, Purchasing, and Finance Departments to ensure accurate and timely accrual, allocation, and payment.
- Compiles financial information and assists in the preparation and explanation of reports from multiple systems and databases. Uses various software applications such as spreadsheets, statistical packages, and graphics to assemble and format data in a user-friendly manner. Provides financial results for users who must make sound business decisions.
Required Qualifications:
- Associate's degree required. Bachelor's degree preferred.
- 1-3 years of related work experience required.
- Accounting or finance experience.
- Experience with computer systems required, including web-based applications and some Microsoft Office applications which may include Outlook, Word, Excel, PowerPoint or Access.
Preferred Qualifications:
- A degree in business administration, accounting or finance.
- Experience in healthcare
Competencies:
- Decision Making: Ability to make decisions that are guided by general instructions and practices requiring some interpretation. May make recommendations for solving problems of moderate complexity and importance.
- Problem Solving: Ability to address problems that are varied, requiring analysis or interpretation of the situation using direct observation, knowledge and skills based on general precedents.
- Independence of Action: Ability to follow precedents and procedures. May set priorities and organize work within general guidelines. Seeks assistance when confronted with difficult and/or unpredictable situations. Work progress is monitored by supervisor/manager.
- Written Communications: Ability to communicate clearly and effectively in written English with internal and external customers.
- Oral Communications: Ability to comprehend and converse in English to communicate effectively with medical center staff, patients, families and external customers.
- Knowledge: Ability to demonstrate full working knowledge of standard concepts, practices, procedures and policies with the ability to use them in varied situations.
- Team Work: Ability to work collaboratively in small teams to improve the operations of immediate work group by offering ideas, identifying issues, and respecting team members.
- Customer Service: Ability to provide a high level of customer service to patients, visitors, staff and external customers in a professional, service-oriented, respectful manner using skills in active listening and problem solving. Ability to remain calm in stressful situations.
Physical Nature of the Job:
Sedentary work: Exerting up to 10 pounds of force occasionally in carrying, lifting, pushing, pulling objects. Sitting most of the time, with walking and standing required only occasionally
Pay Range:
$21.00 - $28.26
The pay range listed for this position is the base hourly wage range the organization reasonably and in good faith expects to pay for this position at this time. Actual compensation is determined based on several factors, that may include seniority, education, training, relevant experience, relevant certifications, geography of work location, job responsibilities, or other applicable factors permissible by law. Compensation may exceed the base hourly rate depending on shift differentials, call pay, premium pay, overtime pay, and other additional pay practices, as applicable to the position and in accordance with the law.
As a health care organization, we have a responsibility to do everything in our power to care for and protect our patients, our colleagues and our communities. Beth Israel Lahey Health requires that all staff be vaccinated against influenza (flu) as a condition of employment.
More than 35,000 people working together. Nurses, doctors, technicians, therapists, researchers, teachers and more, making a difference in patients' lives. Your skill and compassion can make us even stronger.
Equal Opportunity Employer/Veterans/Disabled