Financial Analyst

Financial Analyst IIPenn 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?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 initiativesIdentifies savings opportunities for the health system, and presents findings to UPHS Pharmacy LeadershipProvides inventory, controlled substance, WAC analysis and other reporting as neededPrepares timely and accurate monthly journal entriesCompletes daily, weekly, and monthly 340B auditsShares expertise and provides training, education, and communication to new members of the teamResponsible for management and completion of special projects as assignedEducation 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 WorkWe 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.