Job Information
University of Miami Financial Analyst - Medical Finance in Miami, Florida
Current Employees:
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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 (https://www.hr.miami.edu/careers/eo-ada/index.html) for additional information.
Job Status:
Full time
Employee Type:
Staff
Pay Grade:
H8
The mission of the University of Miami is to transform lives through education, research, innovation, and service. A vibrant and diverse academic and healthcare community, the University of Miami and the University of Miami Health System ("UHealth") have rapidly progressed to become one of the nation’s top research universities and academic medical centers in the nation.
The University comprises 12 schools and colleges serving undergraduate and graduate students in more than 350 majors and programs. Visit welcome.miami.edu/about-um to learn more about our points of pride.
The University ranks No. 55 on U.S. News & World Report’s 2022 Best Colleges list and ranked No. 49 in the 2022 Wall Street Journal/Times Higher Education College Rankings.
Bascom Palmer Eye Institute is ranked the #1 eye hospital in the USA and offers some of the nation's premiere eye doctors to treat every eye condition for adults. Sylvester Comprehensive Cancer, part of the Miller School of Medicine, received the prestigious National Cancer Institute designation in 2019.
The University of Miami and UHealth have also ranked among the Forbes Best Employers and Best Employers for Women on several occasions, most recently in 2022.
Transforming lives
With more than 17,000 faculty and staff, the University strives for excellence, and is driven by a powerful mission to transform and impact the lives of its students, patients, members of the community, and people across the globe.
The University is committed to fostering a culture of belonging, where everyone feels valued and has the opportunity to add value. Through values of Diversity, Integrity, Responsibility, Excellence, Compassion, Creativity, and Teamwork (DIRECCT) the U community works together to create an environment driven by purpose, excellence, community, and service.