Financial or Bus Analyst Inter

1 month ago

Ann Arbor, United States University of Michigan Full time

Mission Statement

Michigan Medicine improves the health of patients, populations and communities through excellence in education, patient care, community service, research and technology development, and through leadership activities in Michigan, nationally and internationally. Our mission is guided by our Strategic Principles and has three critical components; patient care, education and research that together enhance our contribution to society.

Who We Are

The aim of Michigan Medicine is to advance health to serve Michigan and the world. With annual revenues of approximately $8 billion, Michigan Medicine ranks as one of the top academic health centers in the country, and is committed to providing exceptional patient care, facilitating groundbreaking research, and developing the next generation of physicians and scientists. Michigan Medicine consists of the University of Michigan Hospitals, the University of Michigan Medical School and its Medical Group, Michigan Health Corporation, and affiliated health systems.

Michigan Medicine Finance serves as the centralized finance group for Michigan Medicine and is comprised of seven functional areas: Medical Group Finance, Clinical Financial Planning & Analysis, Enterprise Financial Reporting & Forecasting, Reimbursement, Medical School Finance, Real Estate, and Financial Systems.

Is This Job Right for You?

Do you enjoy working with large data sets to solve problems and aid in decision-making? Do you have a natural curiosity for investigation, and the ability to translate analyses findings into actionable information? Do you like working collaboratively with other teams to solve complex problems?

Are you able to function independently, and require minimal day-to-day supervision to deliver projects in a timely and effective manner?

Why Join Michigan Medicine?

What Benefits can you Look Forward to?

Excellent medical, dental and vision coverage effective on your very first day Flexible spending accounts Prescription Drug Plan Mental and emotional health programs Child Care Resources Life Insurance Legal Services Plan Retirement Savings Opportunities

Another reason to Go Blue

University of Michigan Health recognized as a Leapfrog Top Teaching Hospital Top 5 employer in Michigan by Crain's Detroit Business CMS awarded University of Michigan Health the prestigious five-star overall rating for quality and safety. U-M Health ranked best in Michigan by U.S. News & World Report, only Michigan hospital on nation's Honor Roll of hospitals U-M Health was ranked No.9 in Expertscape's All-Around Expert Medical Centers for high rankings in 21 different medical and surgical specialties. U-M Health is among just 29 hospitals in the country rated as expert in all 21 specialties tracked by Expertscape. U-M Health was named among the World's Best Hospitals by Newsweek and global data firm Statista. U-M Health is the only hospital in Michigan named to the list.

Responsibilities*

Partner with finance and operational leaders to provide financial analysis support including budget development, variance analysis, monthly reporting, business planning, costing, performance measurement, and proforma modeling.  Design, develop and recommend new approaches, methodologies and tools for data-driven decision-making and planning. Participate in multidisciplinary teams evaluating strategic, operational, and financial aspects of the clinical enterprise Perform business case analysis, including the creation of financial models and analysis of business trends to support growth opportunities Participate in special projects to improve reporting, analysis, and internal processes to achieve productivity improvements and customer service delivery Prepare and communicate monthly financial and operational reports/results to departments and stakeholders Prepare ad hoc analyses and other duties as assigned

Required Qualifications*

In order to be considered for this position the applicant must have met or will have met all the required qualifications prior to the start date of employment.

A Bachelor's degree or higher, preferably in Business, Economics, Finance, Health Administration, or a related field 2 - 5 years of professional experience Familiarity with data modeling, and other analytical tools/techniques surrounding business and financial analytics. Problem solving capabilities including root cause analysis, process comprehension, development of alternative solutions, and recommended course of action Financial systems acumen, including considerable experience with Microsoft products (Excel, PowerPoint, Word, Outlook) Ability to assess competing priorities, manage workflow and meet operational deadlines with minimal supervision Demonstrated understanding of basic financial acumen. Including knowledge of financial statements and financial metrics.

Desired Qualifications*

Oracle, Hyperion, or PeopleSoft experience Experience with data querying tools, or experience working with relational databases Ability to translate analyses into actionable information for decision making Strong communication skills - both oral and written. Ability to analyze large amounts of complex information to present simple and concise material to the appropriate audience  Experience in a healthcare, higher education and/or academic medical center setting desired.

NOTE: Please include a cover letter that addresses how your experience meets the job requirements. In order to transmit the cover letter, it should be included as a page of your resume.

Modes of Work

Positions that are eligible for hybrid or mobile/remote work mode are at the discretion of the hiring department. Work agreements are reviewed annually at a minimum and are subject to change at any time, and for any reason, throughout the course of employment. Learn more about the work modes

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