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Financial Analyst

2 months ago

Florida NY United States University of Miami Full time
Current Employees:

If you are a current Staff, Faculty or Temporary employee at the University of Miami, please click here to log in to Workday to use the internal application process. To learn how to apply for a faculty or staff position using the Career worklet, please review this tip sheet .

The Financial Analyst assists in the preparation, coordination, review and analysis of the financial activities for the assigned division(s)/department(s) in an efficient and accurate manner. This includes the development of forecasts, budgets and process workflow of documents for authorization. Moreover, the incumbent assists management in the decision-making process and strategic planning by presenting relevant financial reports in a clear, concise, and timely manner.

Core Job Description:

Conducts financial and planning analyses as assigned by management. Designs and builds revenue and cost models that summarize several different scenarios around growth and expansion initiatives. Monitors, reviews and reports progress on departmental budgets and forecasts during the budget cycle for completeness and accuracy in accounting allocations and highlighting departments deviating from agreed targets. Assists with the preparation of updated financial projections on a monthly, quarterly or half-year basis. Performs variance and historical analysis and produces trending and predictive numerical and graphical information. Initiates actions to resolve any financial reporting errors. Creates ad-hoc reports as needed by departmental administrators and management. Collects, interprets and analyzes relevant data or metrics. May develop and maintain reports to support plans, business decisions, operational changes, strategic plans and new services. Resolves any reporting issues. Makes recommendations to align policies and procedures with best practices and capitalize on financial opportunities. Adheres to University and unit-level policies and procedures and safeguards University assets.

This list of duties and responsibilities is not intended to be all-inclusive and may be expanded to include other duties or responsibilities as necessary.

Department Specific Functions

The Financial Analyst examines the financial status of the organization by collecting, monitoring, and studying data, and develops projections, reports, and presentations to assist senior managing staff in their financial decision-making process. Moreover, the incumbent establishes and enforces policies and procedures that further the department's financial goals and objectives.

This role in the Miller School of Medicine (MSOM) is expected to provide analytical support. Additionally, it is expected that the role will sometimes act as a liaison and representative to the various Departments of the School of Medicine to address concerns or questions that may arise. The role will be expected to develop and maintain an understanding of the education, research, and gift activities that occur within MSOM. The role requires the ability to operate independently and possess the ability to evaluate situations critically. The role is expected to perform additional duties as required. This role reports to the Director of Finance within the Medical Finance - MSOM Finance team.

Department Specific Qualifications :

Education:

Bachelor's degree in relevant field

Experience:

Minimum 1 year of relevant experience

Any appropriate combination of relevant education, experience and/or certification will be considered.

Knowledge, Skills and Attitudes:

  • Skill in collecting, organizing, and analyzing data.

  • Ability to recognize, analyze, and solve a variety of complex problems.

  • Ability to exercise sound judgment in making critical decisions.

  • Build and maintain strong interpersonal relationships within the team as well as across the organization.

  • Knowledge of generally accepted accounting procedures and principles.

  • Knowledge of budget control methods, policies, and procedures.

  • Ability to prepare financial and accounting records.

  • Ability to analyze, consolidate, and interpret accounting data.

  • Ability to compile, organize, interpret, and communicate accounting data and results concisely.

  • Ability to manage a budget and work within the constraints of that budget.

The University of Miami offers competitive salaries and a comprehensive benefits package including medical, dental, tuition remission and more.

UHealth-University of Miami Health System, South Florida's only university-based health system, provides leading-edge patient care powered by the ground breaking research and medical education at the Miller School of Medicine. As an academic medical center, we are proud to serve South Florida, Latin America and the Caribbean. Our physicians represent more than 100 specialties and sub-specialties, and have more than one million patient encounters each year. Our tradition of excellence has earned worldwide recognition for outstanding teaching, research and patient care. We're the challenge you've been looking for.

Patient safety is a top priority. As a result, during the Influenza ("the flu") season (September through April), the University Of Miami Miller School Of Medicine requires all employees who provide ongoing services to patients, work in a location (all Hospitals and clinics) where patient care is provided, or work in patient care or clinical care areas, to have an annual influenza vaccination. Failure to meet this requirement will result in rescinding or termination of employment.

The University of Miami is an Equal Opportunity Employer - Females/Minorities/Protected Veterans/Individuals with Disabilities are encouraged to apply. Applicants and employees are protected from discrimination based on certain categories protected by Federal law. Click here for additional information.

Job Status:Full timeEmployee Type:StaffPay Grade:H8