Financial Analyst ll

Penn Medicine, University of Pennsylvania Health System; Philadelphia (Philadelphia County); Hybrid; USD 85,000 - 110,000; Full time

Job summary

Penn Medicine is seeking a Finance Analyst II to support the 340B program across UPHS entities. The role collaborates with pharmacy, finance, and compliance teams to analyze financial data, prepare monthly close journal entries, and deliver timely reporting.

Hybrid work arrangement: 2 days in office and 3 days remote. A Bachelor's degree in Finance or related field is required; a Master's is preferred with 2+ years in healthcare audit experience.

Qualifications

• Bachelor's degree in Finance, Analytics, or related field with 3+ years in audit/healthcare.
• Master's in Business Admin/Finance with 2+ years in audit/healthcare preferred.
• Strong analytical and reporting skills; able to automate tasks.

Responsibilities

• Supports ambulatory pharmacy workflows including data management, opportunity analytics, and performance improvement initiatives
• Identifies savings opportunities for the health system, and presents findings to UPHS Pharmacy Leadership
• Provides inventory, controlled substance, WAC analysis and other reporting as needed
• Prepares timely and accurate monthly journal entries
• Completes daily, weekly, and monthly 340B audits
• Shares expertise and provides training, education, and communication to new members of the team

Skills

Data analysis

Financial reporting

Audit support

Healthcare experience

Education

Bachelor's Degree in Finance, Data Analytics, or Similar Area of Study

Master's degree in Business Administration/Finance or Similar Area of Study

Tools

Excel

Job description

Description

Penn Medicine is dedicated to our tripartite mission of providing the highest level of care to patients, conducting innovative research, and educating future leaders in the field of medicine. Working for this leading academic medical center means collaboration with top clinical, technical and business professionals across all disciplines.

Today at Penn Medicine, someone will make a breakthrough. Someone will heal a heart, deliver hopeful news, and give comfort and reassurance. Our employees shape our future each day. Are you living your life's work?

Finance

This position is a full-time hybrid position working 2 days in the office and 3 days remote.

• In collaboration with the UPHS Director of Business Operations and UPHS Director of 340B Compliance, the Financial Analyst II supports the audit and compliance functions of the 340B program across UPHS 340B covered entities. Also, this position helps support financial analysis for the Retail/Specialty Pharmacy programs at HUP, PAH, PPMC, LGH, CCH, Doylestown and Princeton Ambulatory Pharmacy locations across UPHS that deliver over $2B in revenue and $575 million contribution margin to Penn Medicine.


• The Financial Analyst II partners closely with pharmacy, finance, and compliance teams to analyze financial and operational data, identify trends, support process improvements, and ensure accurate and timely reporting. He/she will be responsible for identifying new opportunities for the UPHS Ambulatory Pharmacy program, while ensuring compliance with 340B regulations. In addition, he/she will complete monthly close journal entries, financial reporting, and variance analyses. The Financial Analyst II will take a lead role in working to automate monthly tasks to improve efficiency.

Responsibilities

• Supports ambulatory pharmacy workflows including data management, opportunity analytics, and performance improvement initiatives


• Identifies savings opportunities for the health system, and presents findings to UPHS Pharmacy Leadership


• Provides inventory, controlled substance, WAC analysis and other reporting as needed


• Prepares timely and accurate monthly journal entries


• Completes daily, weekly, and monthly 340B audits


• Shares expertise and provides training, education, and communication to new members of the team


• Responsible for management and completion of special projects as assigned

Education or Equivalent Experience

• Bachelor's Degree Finance, Data Analytics, or Similar Area of Study And 3+ years working in audit and / or a healthcare (Required)


• OR master's degree Business Administration/Finance or Similar Area of Study And 2+ years working in audit and / or a healthcare (Preferred)

We believe that the best care for our patients starts with the best care for our employees. Our employee benefits programs help our employees get healthy and stay healthy. We offer a comprehensive compensation and benefits program that includes one of the finest prepaid tuition assistance programs in the region. Penn Medicine employees are actively engaged and committed to our mission. Together we will continue to make medical advances that help people live longer, healthier lives.

Live Your Life's Work

We are an Equal Opportunity employer. Candidates are considered for employment without regard to race, ethnicity, color, sex, sexual orientation, gender identity, religion, national origin, ancestry, age, disability, marital status, familial status, genetic information, domestic or sexual violence victim status, citizenship status, military status, status as a protected veteran or any other status protected by applicable law.