Financial Analyst 1 - UHealth Laboratories

University of Miami•Miami, FL

About The Position

The Financial Analyst 1 compiles and analyzes financial information for assigned divisions or departments and supports management decision-making and strategic planning by presenting clear, concise, and timely financial reports. The role prepares and coordinates analyses of budgets, forecasts, projections, expense performance, and related presentations; performs forecasting and account reconciliation; and provides analytical support for financial and business projects. It also develops scenario models and maintains performance and productivity dashboards, models, and reports. The analyst collects, interprets, and analyzes data, identifies trends, resolves reporting issues, and recommends ways to align procedures with best practices and financial opportunities while following University policies and safeguarding University assets. For UHealth Laboratories, the position performs laboratory-specific financial and operational analysis, including end-to-end billing support for the Immunology and Histocompatibility Laboratory (IHL). This includes reviewing tests performed, client invoicing, revenue reconciliation, and resolving billing discrepancies. The analyst develops and maintains financial and operational KPIs, prepares recurring reports and management packages, analyzes budget-to-actual variances, and supports budgeting, forecasting, accruals, account reconciliations, and month-end reporting. The role researches and reconciles laboratory activity against source systems and collaborates with laboratory operations, finance, revenue cycle, and external stakeholders to support decisions, process improvements, and reporting enhancements. Other related duties and projects may be assigned.

Requirements

Bachelor’s degree in a relevant field.
Minimum 1 year of relevant experience.
Ability to learn new procedures, technologies, and protocols and adapt to changing priorities and work demands.
Ability to work collaboratively and contribute to a team environment.
Proficiency with office software, technology, and relevant computer applications.
Strong written and verbal communication skills for interacting with colleagues and stakeholders.

Responsibilities

Prepare and coordinate financial analysis documentation, including budgets, forecasts, projections, expense performance, and presentations.
Identify trends and developments in competitive environments and present findings.
Provide analytical support for forward-looking financial or business-related projects.
Perform financial forecasting and account reconciliations.
Design and build models for scenarios involving growth, expansion initiatives, or opportunities.
Develop and maintain performance and productivity dashboards, models, and analyses.
Collect, interpret, and analyze relevant data and metrics.
Develop and maintain reports supporting plans, business decisions, operational changes, strategic plans, and new services; resolve reporting issues.
Recommend ways to align policies and procedures with best practices and capitalize on financial opportunities.
Follow University and unit-level policies and procedures and safeguard University assets.
Perform laboratory-specific financial and operational analysis.
Provide end-to-end financial analysis and billing support for the IHL, including review of testing, client invoicing, revenue reconciliation, and resolution of billing discrepancies.
Develop and maintain financial and operational KPIs, including cost-per-test, test mix, productivity, utilization, average cost per organ, send-out cost, and tests-per-FTE reporting.
Prepare recurring financial reports, dashboards, and management reporting packages.
Analyze budget-to-actual variances, identify operational and financial drivers, and prepare supporting commentary and recommendations.
Support budgeting, forecasting, revenue and expense accruals, account reconciliations, and month-end reporting.
Research, validate, and reconcile laboratory activity against source systems to identify and resolve discrepancies in testing, billing, volumes, client attribution, revenue, and expense reporting.
Collaborate with laboratory operations, finance, revenue cycle, and external stakeholders to support decision-making, process improvement, and reporting enhancements.
Perform other related duties, analyses, projects, and responsibilities as assigned to support UHealth Laboratories' financial and operational objectives.