Financial Analyst II - Clinic Operations

Texas A&M University System • Dallas, TX

1d • Onsite

About The Position

The Financial Analyst II – Clinic Operations supports daily and monthly financial reconciliation processes for clinic operations. This position is responsible for reconciling bank activity, assisting with the reconciliation of Axium (EMR) to FAMIS (financial system), and ensuring accurate posting of revenue, refunds, and deposits. The role works collaboratively with third-party billing vendors and Clinical Affairs to resolve routine payment discrepancies and maintain accurate financial records.

Requirements

• Bachelor's degree or equivalent combination of education and experience
• Three years of related experience in accounting or finance.

Nice To Haves

• Thorough understanding of generally accepted accounting principles and auditing standards.
• Advanced proficiency in business applications, such as Microsoft Office suite
• Experience in data analysis and visualization to draw relevant conclusions.
• Experience compiling statistical data and preparing a report.
• Experience in recommending actions through analysis and studying proposed changes in processes.

Responsibilities

• Perform daily reconciliation of bank statements to internal deposit records.
• Verify and reconcile patient payments, insurance payments, credit card transactions, and electronic deposits.
• Ensure accurate and timely posting of revenue to FAMIS.
• Identify discrepancies in deposits, payment postings, or batch totals and escalate unresolved items.
• Assist with monthly reconciliation of Axium revenue reports to FAMIS general ledger activity.
• Prepare supporting schedules for revenue, adjustments, refunds, and clearing accounts.
• Research posting variances between Axium and FAMIS and document findings.
• Maintain reconciliation documentation and summary pages for review by senior analysts or management.
• Reconcile refund activity to support documentation and system postings.
• Verify proper approval and processing of patient refunds.
• Reconcile credit card settlements to daily deposits and financial system postings.
• Track outstanding refund balances and report discrepancies.
• Communicate with third-party billing vendors to obtain payment details, remittance information, and clarification on discrepancies.
• Coordinate with Clinical Affairs regarding patient payment corrections, adjustments, or posting issues.
• Provide requested payment documentation to support reconciliation and resolution efforts.
• Analyzes financial statements and prepares management reports for various constituents.
• Reviews service rate studies and determines if rates are reasonable and in compliance.
• Follow established reconciliation checklists and internal control procedures.
• Maintain organized electronic documentation of reconciliation workpapers.
• Ensure reconciliations are completed timely and in accordance with departmental deadlines.
• Escalate unresolved discrepancies or recurring issues to senior analysts.
• Research and analyze data in support of strategic goals
• Prepares projections, analyzes variances, and reports findings
• Develops and maintains statistical models to perform revenue and expense forecasting.
• Research budgeting, accounting, and departmental issues; analyzes data.

Benefits

• Medical, prescription drug, dental, vision, life and AD&D, flexible spending accounts, and long-term disability insurance with Texas A&M contributing to employee health and basic life premiums
• 12-15 days of annual paid holidays
• Up to eight hours of paid sick leave and at least eight hours of paid vacation each month
• Automatic enrollment in the Teacher Retirement System of Texas
• Health and Wellness: Free exercise programs and release time
• Professional Development: All employees have access to free LinkedIn Learning training, webinars, and limited financial support to attend conferences, workshops, and more
• Educational release time and tuition assistance for completing a degree while a Texas A&M employee
• Living Well, a program at Texas A&M that has been built by employees, for employees

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level