Capital Financial Analyst

Interested in a career with both meaning and growth? Whether your abilities are in direct patient care or one of the many other areas of healthcare administration and support, everyone at Parkland works together to fulfill our mission: the health and well-being of individuals and communities entrusted to our care. By joining Parkland, you become part of a diverse healthcare legacy that’s served our community for more than 125 years. Put your skills to work with us, seek opportunities to learn and join a talented team where patient care is more than a job. It’s our passion.

Primary Purpose

Responsible for assisting with the management of financial activities related to capital projects. Coordinates with IT, Facilities and MRD to ensure Parkland’s processes and procedures are adhered to and audit guidelines are followed.

Minimum Specifications

Education

• Requires a bachelor’s degree in accounting, Finance, Business Administration, or related field.
• Master’s degree in business administration preferred.

Experience

• Must have at least two (2) years related experience.

Equivalent Education and/or Experience

• May have an equivalent combination of education and/or experience in lieu of specific education and/or experience as stated above.

Skills or Special Abilities

• Must have a solid understanding of accounting and audit principals and Generally Accepted Accounting Principles (GAAP).
• Must have advanced computer skills, including spreadsheet (Excel), database management, and word processing software (Word).
• INFOR Project Activities and Asset Management experience a plus.
• Must have strong tact and diplomacy skills and the ability to communicate with all levels of employees including executive management.
• Must have good oral and written communication skills.
• Must have excellent organizational and time management skills.

Responsibilities

1. Assists with the establishment of approved project and equipment budgets in the project activities and asset management systems. Manages system data, including balances, project start and end dates, and periods of performance. Reconciles contingency funding.
2. Maintains system structure within project activities and asset management systems, including the assignment of project numbers, control numbers, and account categories. Maintains Project Authorizations and other information pertinent to the accounting of projects.
3. Reviews all capital projects on a monthly basis, analyzing detailed charges, and ensuring that budgeted amounts are not exceeded. Analyzes commitments by project, and reviews estimated completion dates. Works with leadership to resolve issues/discrepancies.
4. Acts as a resource for Facilities and IT project managers for project accounting and related project activities. Participates in meetings with both IT and Facilities to review and monitor projects. Facilitates resolution of moderately complex issues with Facilities/IT project managers and financial analysts.
5. Recommends and implements process improvements to assure consistency in accounting and reporting. Creates ad hoc reports as needed.
6. Capitalizes projects and equipment in a timely manner, assigning appropriate asset lives. Gathers documentation necessary to support capitalization, as appropriate. Ensures that any late charges or assets are properly capitalized. Identifies capital equipment within projects that needs to be isolated and capitalized separately from the rest of the project.
7. Aids in physical asset inventories if assistance is requested by MRD and assures any required adjustments are made promptly in the asset management system. Assist IT/Facilities in the maintenance of the non-capital asset management system. Works closely with MRD personnel to ensure assets are tagged and critical data is captured as the assets are received.
8. Accounts for asset transfers, asset disposals, and equipment trade-ins. Creates entries to adjust or write off equipment balances, as needed.
9. Processes months end close for both project activities and asset management systems. Assures required reporting is completed in a timely manner, and reports are distributed as necessary. Reconcile fixed assets, accumulated depreciation, depreciation expense, and WIP accounts on a monthly basis. Prepare audit schedules for both internal and external audits.
10. Contributes with special projects and research, and serve on various committees, as assigned.

Job Accountabilities

1. Identifies ways to improve work processes and improve customer satisfaction. Makes recommendations to supervisor, implements, and monitors results as appropriate in support of the overall goals of the department and Parkland.
2. Stays abreast of the latest developments, advancements, and trends in the field by attending seminars/workshops, reading professional journals, actively participating in professional organizations, and/or maintaining certification or licensure. Integrates knowledge gained into current work practices.
3. Maintains knowledge of applicable rules, regulations, policies, laws, and guidelines that impact the area. Develops effective internal controls designed to promote adherence with applicable laws, accreditation agency requirements, and federal, state, and private health plans. Seeks advice and guidance as needed to ensure proper understanding.

Parkland Health and Hospital System prohibits discrimination based on age (40 or over), race, color, religion, sex (including pregnancy), sexual orientation, gender identity, gender expression, genetic information, disability, national origin, marital status, political belief, or veteran status. As part of our commitment to our patients and employees’ wellness, Parkland Health is a tobacco and smoke-free campus.