Senior Finance Analyst

Versiti Blood Center of Wisconsin; Milwaukee (WI); On-site; USD 70,000 - 90,000; Full time

Benefits offered by this job

Medical, Dental, and Vision Plans

Paid Time Off (PTO)

401(k) with 7% match

Job summary

Versiti Blood Center of Wisconsin is seeking a Senior Financial Analyst to join their Financial Planning and Analysis team. This role involves financial modeling, budgeting, and forecasting to support organization growth strategies. The ideal candidate will possess a Bachelor's degree in Finance or Accounting and have 4-6 years of relevant experience. Key responsibilities include preparation of annual budgets, providing financial support for operations, and collaborating across departments. Benefits include medical, dental, and competitive 401(k) matching.

Qualifications

• 4-6 years of experience in finance, financial operations, or accounting.
• Experience in a health care or manufacturing environment preferred.
• Ability to understand and communicate financial information clearly.

Responsibilities

• Prepare annual operating budgets and forecasts.
• Serve as a trusted advisor to leadership teams.
• Develop complex financial models for corporate development.

Skills

Financial operations

Project Management

Effective communication

Analytical skills

Education

Bachelor's Degree in Finance, Accounting, or Economics

MBA preferred

Tools

Oracle Cloud ERP system

Job description

Overview

Versiti is a fusion of donors, scientific curiosity, and precision medicine that recognize the gifts of blood and life are precious. We are home to the world-renowned Blood Research Institute, we enable life saving gifts from our donors, and provide the science behind the medicine through our diagnostic laboratories. Versiti brings together outstanding minds with unparalleled experience in transfusion medicine, transplantation, stem cells and cellular therapies, oncology and genomics, diagnostic lab services, and medical and scientific expertise. This combination of skill and knowledge results in improved patient outcomes, higher quality services and reduced cost of care for hospitals, blood centers, hospital systems, research and educational institutions, and other health care providers. At Versiti, we are passionate about improving the lives of patients and helping our healthcare partners thrive.

Position Summary

The Financial Planning and Analysis (FP&A) team provides budgeting, forecasting, business case and financial analytics leadership to support Versiti's overall financial health and growth strategies. The Senior Financial Analyst – Financial Planning & Analysis is responsible for several key functions, including but not limited to: financial planning and modeling, pro forma and business case development, data analytics and specialized projects. In the course of performing their duties, the Senior Financial analyst is required to make accounting entries and reconciliations, execute budgeting and forecasting processes, support new initiatives and serve on cross functional project teams. The role will operate closely with assigned service lines and collaborate with all areas of the organization. The successful candidate must understand the purpose of a mission-driven organization and how financials support the organization's achievement of its mission. The Senior Financial Analyst will report to the Director of Financial Planning & Analysis, who currently oversees three Senior Financial Analysts with tenure between 1 and 12 years.

Total Rewards Package

Benefits

Versiti provides a comprehensive benefits package based on your job classification. Full-time regular employees are eligible for Medical, Dental, and Vision Plans, Paid Time Off (PTO) and Holidays, Short- and Long-term disability, life insurance, 7% match dollar for dollar 401(k), voluntary programs, discount programs, others.

Responsibilities

• Financial Operations: Helps prepare annual operating budgets, forecasts, and financial reports and analysis. Delivers timely financial results, using a robust qualitative and quantitative approach to inform internal stakeholders.
• Serves as a trusted advisor and strategic partner with executives and leadership teams of assigned service lines and corporate functions to provide financial support for current operations and decision support for future operational proposals and growth.
• Can become the subject matter expert of assigned service line and corporate service area products, services, customers, and business processes.
• Support Corporate Development team in the creation of complex financial models, due diligence and evolution of Versiti’s M&A pipeline.
• Contributes to the achievement of profitability, growth, and operational objectives; recommends improvements to enhance customer satisfaction and financial margins through the development of pricing, costing, and financial impact models.
• Create and measure key financial drivers and performance indicators to identify operational trends and provide recommendations for business improvement.
• Contributes to and help evolve business case processes; inputs and outputs, timelines, artifacts, ROI templates, reporting and tracking mechanisms.
• Educates on financial concepts, concerns and issues impacting results.
• Process Improvements and Financial Policies: Develops and implements process improvement within responsibility area and offer ideas and support improvements in other areas within Finance to ensure efficiency and effectiveness of processes using industry best practices.
• Participates in the development, enhancement, and maintenance of organization financial systems, in addition to maintaining procedures for responsibility areas to ensure quality of accounting, transaction processing, internal controls, and financial reporting.
• Promotes and maintains compliance with Generally Accepted Accounting Principles and related accounting and reporting standards and guidance.
• Financial Systems: Participates in the development, enhancement, and maintenance of the organization’s financial systems including assisting in product selection decisions, working on design and implementation of projects, performing ongoing upgrades and troubleshooting, and creating/modifying system generated reports and inquiries.
• Provides back-up support to other Financial Analysts as needed.
• Actively contributes to Versiti Finance Leadership Team. Leads assigned projects and initiatives.
• Elevates financial literacy of the organization.
• Performs other duties as assigned
• Complies with all policies and standards

Qualifications

Education

• Bachelor's Degree in Finance, Accounting, Economics or a related discipline from an accredited college or university required
• MBA preferred
• Master's Degree Master’s Degree preferred

Experience

• 4-6 years of experience in finance, financial operations, accounting and/or related field required
• Experience with financial systems preferred
• Ability to understand and communicate financial information clearly and concisely required
• Experience in a health care or manufacturing environment preferred
• Oracle Cloud ERP system and/or financial report writing experience preferred
• Project Management experience preferred

Knowledge, Skills And Abilities

• Effective verbal and written communication, problem solving, decision making, conflict resolution, and organizational skills
• Effective interpersonal and customer service skills
• Ability to work collaboratively and decisively across levels of the organization
• Excellent reasoning and analytical skills with the ability to effectively communicate technical financial information to management
• Effective presentation and training skills
• Working knowledge of spreadsheets, word processing, database and other applications, including networked personal computers and integrated information systems
• Understand the purpose of a mission-driven organization and how financials support the organization"s achievement of its mission.