Finance Analyst III-Hybrid

Mayo Clinic•Rochester, MN
•$88,358 - $136,448•Hybrid

About The Position

This is a finance analyst role in a multi-site, multi-specialty academic medical center. The Finance Analyst III assures the integrity of financial and statistical data through preparing or reviewing general ledger entries, reports, schedules, worksheets, reconciliations, and other analyses. The role provides leadership in a team environment supporting division and departmental activities, communicates and presents information to varied audiences, and uses reporting tools to develop management financial information with significant institutional impact. The position is recognized as a subject matter expert in finance, accounting, compliance, and financial modeling. It develops, implements, and maintains financial reporting programs and tools, as well as variable-sensitive financial and business models supporting reporting, forecasting, scenario analysis, and strategic decision-making. The analyst identifies opportunities and recommends options to increase financial margins while preserving Mayo standards and minimizing financial and legal risks. The role provides advanced analytical, financial, accounting, and compliance support to department and institutional leadership, participates in decision-making, and leads or facilitates multidisciplinary workgroups and projects. This is a hybrid position. The employee must be located within 100 miles of a Mayo Clinic campus for on-site expectations based on business needs. The vacancy is not eligible for visa sponsorship or transfer. The selection process may include a prerecorded OnDemand interview.

Requirements

  • Bachelor's degree with an emphasis in Accounting or Finance.
  • For an Accounting or Finance bachelor's degree, at least 6 years of applicable accounting or finance experience.
  • For another business-related bachelor's degree, at least 9 years of applicable accounting or finance experience.
  • An advanced understanding of accounting and finance practices.
  • Advanced knowledge of Microsoft Word, Excel, and Outlook.
  • Demonstrated experience with financial modeling and the ability to develop, evaluate, and enhance financial models.
  • Advanced investigational skills, attention to detail and accuracy, and the ability to manage and prioritize multiple tasks.
  • Strong customer-service skills and the ability to anticipate, understand, and address customer needs in a timely manner.
  • Advanced knowledge of large accounting and/or grant management systems.
  • Ability to work effectively in a team, develop constructive working relationships, and communicate effectively with a variety of stakeholders.
  • Willingness and ability to learn, adopt, and incorporate AI and automation tools into everyday work processes.
  • A change-agent mindset focused on continuous learning, challenging existing processes, and improving financial reporting, modeling, and decision support.
  • The vacancy is not eligible for visa sponsorship or visa transfer.

Nice To Haves

  • Experience with artificial intelligence (AI), automation, and other emerging technology tools.
  • A master's degree in accounting or finance, an MBA, MHA, CPA (active or inactive), CMA, or CIA may substitute for one year of experience.

Responsibilities

  • Prepare or review general ledger entries, reports, schedules, worksheets, reconciliations, and other analyses to assure the integrity of financial and statistical data.
  • Provide leadership in a team environment supporting division and departmental activities.
  • Communicate and present information to various audiences.
  • Use reporting tools to develop management financial information with significant institutional impact.
  • Develop, implement, and maintain programs and tools for financial reporting and variable-sensitive financial and business models.
  • Support financial reporting, forecasting, scenario analysis, and strategic decision-making through financial and business models.
  • Identify opportunities and recommend options to increase financial margins while preserving Mayo standards and minimizing financial and legal risks.
  • Provide advanced analytical, financial, accounting, and compliance support to department and institutional leadership.
  • Participate in decision-making.
  • Lead and facilitate multidisciplinary workgroups or projects.
  • Learn, adopt, and incorporate AI and automation tools into everyday work processes to improve efficiency, analytical capabilities, financial reporting, and modeling.
  • Identify and implement opportunities to improve financial reporting, modeling, and decision support.

Benefits

  • Medical coverage with multiple plan options.
  • Dental coverage through Delta Dental or a reimbursement account for flexible coverage.
  • Vision plan with a national network.
  • Health Savings Account (HSA) and Flexible Spending Accounts (FSAs) for eligible expenses.
  • Competitive retirement package.
  • Competitive compensation and comprehensive benefit plans.
  • Continuing education and advancement opportunities.
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