Senior Financial Analyst

The University of Iowa

Job Reference #: 20003637

The University of Iowa Hospitals and Clinics department of Finance and Accounting is seeking a Senior Financial Analyst to assist with coordinating the preparation of annual operating budgets for all units within the University of Iowa Health Care. The SFA will work closely with the Associate Director and Manager of Operating Budgets and other UI Health Care staff to assist in the annual budget development, annual salary setting and posting process, and in ongoing monitoring of actual versus budget performance on a routine basis.

Key Areas of Responsibility:

  • Assist the Managers of Budgeting in the planning, development, review and compilation of the annual University of Iowa Health Care budget units.
  • Analyze and prepare data for use in the budget process including Statistics, RVUs, gross and net revenues, hours, labor expenses, and non-labor expenses.
  • Provide on-going support to departmental and management staff regarding financial data and processes.
  • Prepare analysis and monitor actual performance versus budget. Work with departmental managers to analyze and understand variances.
  • Analyze the submitted budgets to determine if they are reasonable, accurate and attainable. Provide recommendations for change to administrators.
  • Support the development, implementation and maintenance of the Strata operating budget system and other data sources used to support the budget process.
  • Provide support and analysis for departmental and management questions and for new requests as they arise.
  • Develop working relationships with Hospital and other health care area departments and provide timely and accurate information to management and departmental requests.
  • Develop working relationships with UI departments and external parties including UI Accounting Services, Strata consultants, auditors and others.

Required Qualifications

  • A Bachelor’s degree in Business Administration or Accounting or an equivalent combination of education and experience is required.
  • Minimum of 3-5 years of accounting, budgeting and/or financial analysis experience
  • Reasonable knowledge of complex financial and statistical analysis and presentation.
  • Demonstrated proficiency in computer software applications.
  • Excellent written, verbal and interpersonal communication skills
  • Strong attention to detail
  • Ability to prioritize and coordinate inquiries from departments, managers and administration.

Desirable Qualifications

  • Relevant healthcare accounting experience preference given to a background in hospital budgeting.
  • Experience with system tools including but not limited to: GL Reporter, Strata operating budget software, HEDI Data Warehouse, Microsoft Office, and PeopleSoft GL and HR systems.
  • Ability to multi task and work in a fast-paced environment.
  • Knowledge of University accounting policy, procedures, and systems.

Application Process: In order to be considered, applicants must upload resume and cover letter and mark them as a “Relevant File” to the submission..

Job openings are posted for a minimum of 14 calendar days and may be removed from posting and filled any time after the original posting period has ended.

Successful candidates will be subject to a criminal background check. Up to 5 professional references will be requested at later step in the recruitment process.

This position is not eligible for University sponsorship for employment authorization.

The University of Iowa is an equal opportunity/affirmative action employer. All qualified applicants are encouraged to apply and will receive consideration for employment free from discrimination on the basis of race, creed, color, national origin, age, sex, pregnancy, sexual orientation, gender identity, genetic information, religion, associational preference, status as a qualified individual with a disability, or status as a protected veteran.

Application Instructions:

Application Process: In order to be considered, applicants must upload resume and cover letter and mark them as a “Relevant File” to the submission..

Job openings are posted for a minimum of 14 calendar days and may be removed from posting and filled any time after the original posting period has ended.

Successful candidates will be subject to a criminal background check. Up to 5 professional references will be requested at later step in the recruitment process.

This position is not eligible for University sponsorship for employment authorization.

Application URL: https://uiowa.referrals.selectminds.com/jobs/senior-financial-analyst-9482

Job ID: 72183

Posted 14 days ago

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