Fund Accountant at Vaco, LLC
Indianapolis, IN 46250
About the Job
Department: Finance/Accounting
Location: Remote
Position Overview:
Our client is seeking a detail-oriented and analytical Fund Analyst for a temporary / contract assignment. This position plays a critical role in managing, analyzing, and reporting on the financial performance of various funds, including operating, capital, and restricted funds. The Fund Analyst will work closely with senior management to ensure that financial resources are allocated efficiently, in compliance with regulations, and aligned with the organization’s mission and strategic goals.
Key Responsibilities:
- Financial Analysis & Reporting:
- Monitor and track fund activity, including revenue, expenditures, and transfers, for various healthcare system funds.
- Prepare and analyze monthly, quarterly, and annual financial statements for different funds, ensuring accuracy and compliance with accounting standards and healthcare regulations.
- Provide detailed variance analysis to identify discrepancies between budgeted and actual fund balances, offering actionable insights for senior management.
- Budgeting & Forecasting:
- Assist in the development and maintenance of fund budgets, ensuring alignment with overall financial goals and operational objectives of the healthcare system.
- Collaborate with department heads to review fund allocations and prepare forecasts based on historical trends and future expectations.
- Compliance & Regulatory Oversight:
- Ensure compliance with federal, state, and local regulations, as well as internal policies, relating to the management of healthcare system funds.
- Work closely with the internal audit team to ensure funds are properly managed and that all relevant documentation and reports are prepared in accordance with applicable laws and guidelines.
- Fund Allocation & Optimization:
- Analyze and recommend improvements for fund allocation, ensuring resources are used efficiently to support healthcare operations and services.
- Support the identification of opportunities for fund optimization across the system, balancing financial sustainability with operational needs.
- Internal Collaboration & Stakeholder Engagement:
- Partner with other departments (e.g., clinical, operations, administration) to understand their funding needs and ensure that funds are allocated appropriately to support department goals.
- Assist in the preparation of financial presentations and reports for leadership and other stakeholders.
- Education: Bachelor’s degree in Finance or Accounting. Master’s degree or professional certifications (e.g., CFA, CPA) a plus.
- Experience: Minimum of 2-3 years of experience in financial analysis, accounting, or fund management, preferably within the healthcare or non-profit sectors.
- Knowledge: Strong understanding of healthcare financial operations, including revenue cycle, reimbursement systems, cost accounting, and compliance regulations (e.g., Medicare, Medicaid).
- Skills:
- Proficiency in financial analysis, forecasting, and budgeting techniques.
- Advanced Excel skills (pivot tables, VLOOKUP, financial modeling).
- Familiarity with PeopleSoft is preferred.
- Strong attention to detail and ability to work with complex data.
- Excellent communication skills, both written and verbal, with the ability to present complex financial data to non-financial stakeholders.
Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
EEO Notice
Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .
Vaco also wants all applicants to know their rights that workplace discrimination is illegal.
By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
Privacy Notice
Vaco LLC and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco”) respects your privacy and are committed to providing transparent notice of our policies.
- California residents may access Vaco’s HR Notice at Collection for California Applicants and Employees here.
- Virginia residents may access our state specific policies here.
- Residents of all other states may access our policies here.
- Canadian residents may access our policies in English here and in French here.
- Residents of countries governed by GDPR may access our policies here.
Pay Transparency Notice
Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to:
- the individual’s skill sets, experience and training;
- licensure and certification requirements;
- office location and other geographic considerations;
- other business and organizational needs.
With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.