Finance Analyst

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.

Financial Analysts serve as Versiti s central liaison between the corporate and operational teams. The Analyst is generally responsible for several key functions, including but not limited to: maintaining accurate and timely financial reporting, enterprise planning, financial modeling, pro forma and business case development, data analytics and specialized projects. The Analyst Finance will perform accounting entries and reconciliations to maintain timely and accurate financial information.

They will get involved in certain aspects of budget and forecasting, volume and scenario analysis where needed, financial statement/report analysis, support of new initiatives and will serve on cross functional project teams as relevant. The role will operate closely with assigned service lines and collaborate with all areas of the organization.

This is a hybrid position, with on-site requirements in our Milwaukee office 3 days per week.

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.

• Serves as a trusted advisor and strategic partner with Leadership teams of assigned service lines and corporate service areas to provide financial support for current operations, translating financial results, and aid in decision support for future operational proposals and growth initiatives.
• Prepare and post monthly journal entries for various accounts and maintain reconciliation schedules as needed for assigned service lines.
• Support the creation of dynamic financial models to assess the organization’s current service lines and potential new external partnerships, joint ventures, etc. as relevant.
• Assist in the preparation of the annual operating budget, including forecasts, long range plan and scenario analysis.
• Create and track key performance indicators to identify operational trends and provide recommendations for business improvement
• Educates on financial concepts, concerns, compliance, and issues impacting results.
• 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.
• Supports the enrichment of Financial Reporting in the ERP system
• Assist service line leadership where needed on the business case processes; inputs and outputs, timelines, artifacts, ROI templates, reporting and tracking mechanisms.
• Refines procedures for responsibility areas to ensure quality of accounting, transaction processing, internal controls, and reporting.
• Promotes and maintains compliance with Generally Accepted Accounting Principles and related accounting and reporting standards and guidance
• Assists where relevant in the preparation and completion of audit schedules, confirmations, audit, footnote disclosures, and general timing of activities for the annual audit reports.
• Performs other duties as assigned
• Complies with all policies and standards

Education

• Bachelor s Degree in accounting or related field from an accredited college or university required
• Master s Degree preferred

Experience

• 1-3 years of experience in accounting, financial operations, or similar field required
• Experience with an integrated accounting and finance system preferred
• Experience writing financial statements and management reports preferred
• Experience in the financial management of research grants preferred
• Experience in providing financial analysis in support of operational activities preferred

Knowledge,

Skills and Abilities

• Effective verbal and written communication, problem solving, decision making, conflict resolution, and organizational abilities
• Effective interpersonal and customer service skills
• Ability to contribute to a successful team environment
• Excellent reasoning and analytical…