Financial Analyst 3 (H)

University of Miami•Miami, FL

About The Position

The Financial Analyst 3 examines organizational financial status by collecting, monitoring, and analyzing data and developing projections, reports, and presentations to support senior staff decision-making. The role establishes and enforces policies and procedures that advance departmental financial goals. In the department, the analyst provides financial analysis and management reporting, coordinates operating-budget activities, performs revenue-cycle and charge-capture reconciliations, and develops physician productivity reports and financial and operational dashboards. The position also supports feasibility studies and strategic initiatives, analyzes physician staffing and clinical capacity, reconciles affiliation-agreement reporting, processes financial transactions in Workday, and maintains quality, compliance, and physician-activity reports. The analyst collaborates with departmental and institutional stakeholders to resolve issues and improve reporting, reconciliation, data validation, and operational workflows.

Requirements

Bachelor’s degree in a relevant field.
Minimum 5 years of relevant experience.
Skill in collecting, organizing, and analyzing data.
Ability to recognize, analyze, and solve a variety of problems.
Ability to exercise sound judgment in making critical decisions.
Advanced proficiency in Microsoft Excel, including pivot tables, complex formulas, data reconciliation, financial modeling, and analysis of large datasets.
Strong analytical, organizational, and problem-solving skills, with attention to detail, accuracy, and data integrity.
Ability to independently investigate discrepancies, validate financial information, prioritize competing deadlines, and produce accurate, timely work.
Strong written and verbal communication skills, including the ability to present financial and operational information clearly to leadership and nonfinancial stakeholders.
Ability to collaborate with physicians, administrators, institutional finance, revenue-cycle teams, and other healthcare professionals.
Demonstrated initiative, accountability, adaptability, and commitment to continuous process improvement.

Nice To Haves

Experience in financial analysis, budgeting, forecasting, and financial reporting within an academic medical center, healthcare system, physician practice, or comparable complex organization.
Experience with healthcare revenue-cycle operations, including professional billing, charge capture, CPT coding review, collections, denials, and revenue reconciliation.
Working knowledge of physician productivity reporting, clinical encounter analysis, procedural volumes, and healthcare financial performance indicators.
Experience with Workday financial management functions, including purchasing, journal entries, expense processing, payroll costing allocations, and financial reporting.
Experience with Epic clinical reporting, encounter data, charge capture, or revenue-cycle reporting.
Experience developing financial and operational dashboards using Power BI, Tableau, or comparable business intelligence tools.
Experience with financial feasibility studies, cost-benefit analysis, business planning, and return-on-investment assessments.
Familiarity with physician affiliation agreements, professional services arrangements, and financial reconciliation processes.

Responsibilities

Develop, prepare, and coordinate financial analysis documentation, including budgets, forecasts, projections, expense performance analyses, and presentations.
Identify trends and developments in competitive environments and make recommendations to senior management.
Provide analytical evaluations for forward-looking financial or business-related projects.
Develop financial forecasts and reconcile accounts.
Review reports and ensure financial information is recorded accurately.
Compare results with plans and forecasts and recommend adjustments.
Train and oversee junior staff to ensure accuracy and efficiency of work products.
Assist with developing and organizing department and project budgets.
Design and build models that summarize scenarios related to growth, expansion initiatives, and opportunities.
Develop performance and productivity dashboards, models, and analyses.
Determine profitability and pricing for product offerings and develop performance indicators for analysis of business segments and new product lines.
Research strategic initiatives.
Liaise with other departments, vendors, and external parties to complete assignments.
Provide departmental leadership with financial analysis and management reporting, including budget monitoring, projections, expense performance, variance analysis, and recommendations.
Coordinate annual budget development, amendments, monthly reconciliations, forecasting, month-end closing, and identification of deviations from financial targets.
Reconcile departmental revenue-cycle activity, including professional charges, collections, adjustments, denials, accounts receivable, and reimbursement trends; investigate discrepancies and coordinate their resolution.
Review CPT coding and charge-capture data for missing or inaccurate charges, documentation discrepancies, potential revenue leakage, and reimbursement variances; collaborate on review and correction.
Reconcile clinical encounters, procedural activity, physician documentation, and billing data to monitor charge-capture completeness, accuracy, and timeliness.
Develop and maintain physician productivity reports incorporating clinical encounters, procedural volumes, charges, collections, and other financial and operational indicators.
Develop financial and operational dashboards monitoring departmental performance, including encounters, procedural volumes, physician productivity, revenue-cycle indicators, clinical utilization, and operational efficiency.
Conduct feasibility studies, cost-benefit analyses, and return-on-investment assessments for clinical programs, equipment acquisitions, service-line expansion, and strategic initiatives.
Analyze physician staffing, clinical capacity, recruitment needs, and locum tenens utilization, including costs, productivity, and financial implications.
Prepare and reconcile financial and operational reports for departmental affiliation agreements, including Jackson Health System agreements.
Collaborate with HII, institutional finance, and revenue-cycle partners to reconcile physician financial activity, investigate discrepancies, and support accurate revenue reporting.
Process and reconcile departmental financial transactions through Workday, including journal entries, purchasing, invoice payments, expense reports, payroll costing allocations, and payroll accounting adjustments, in compliance with University policies.
Prepare and maintain quality, compliance, and physician-activity reports, including open encounters, radiology report completion, turnaround times, credentialing case logs, and biannual OPPE reporting; monitor unassigned reports and coordinate follow-up.
Maintain, reconcile, and validate financial and operational databases and reporting systems for accuracy, consistency, completeness, and integrity.
Identify and implement improvements to financial reporting, revenue-cycle reconciliation, operational workflows, data validation, and process efficiency through standardization and automation.
Collaborate with departmental leadership, faculty, clinical operations, institutional finance, revenue cycle, and other stakeholders to resolve issues, prepare analyses, and support initiatives.
Adhere to University and unit-level policies and procedures and safeguard University assets.
Perform other related duties as assigned.