Financial Analyst III-Hybrid

Mayo ClinicRochester, MN
$88,358 - $136,448Hybrid

About The Position

Mayo Clinic is a top-ranked healthcare provider dedicated to its employees with competitive compensation and comprehensive benefits. This role supports organizational financial performance by monitoring productivity, analyzing variances, and partnering with operational leaders to ensure departments meet established targets. The analyst provides clear, data-driven insights to support decision-making, serves as a liaison between Finance and operations, and drives continuous improvement through the development of reporting tools, identification of systemic issues, and incorporation of industry benchmarks to enhance efficiency and cost-effectiveness. The position is a Hybrid role requiring partial time remote and partial time on-site at one of the Mayo Clinic or Mayo Clinic Health System Sites. Applicants must be within a 100-mile commutable distance from a Mayo Clinic or Mayo Clinic Health System Site. Expected on-site days will be determined by the hiring manager based on defined business needs.

Requirements

  • Bachelor's degree with an emphasis in Accounting or Finance and a minimum of 6 years applicable experience in accounting or finance is required.
  • Other business-related bachelor's degrees require a minimum of 9 years of applicable accounting or finance experience.
  • A master's degree in accounting or finance, a MBA, MHA, CPA (active or inactive), CMA or CIA can be substituted for one year experience.
  • Advanced knowledge of Microsoft applications including Word, Excel and Outlook.
  • Advanced investigational skills, shows attention to detail, accuracy and ability to manage and prioritize multiple tasks.
  • Solid customer-service skills; anticipates, understands and addresses customer needs in a timely manner.
  • Advanced knowledge of large accounting and/or grant management systems.
  • Ability to work in a team environment and develop constructive working relationships with others.
  • Demonstrable communication and presentation skills.
  • Ability to work independently and lead projects and activities.
  • Possess initiative, analytical skills, and an ability to operate with a high level of productivity.

Nice To Haves

  • Professional designation such as CPA (active or inactive) or CMA is preferred.
  • Hands‑on experience reviewing hours‑per‑unit‑of‑service or similar productivity metrics and explaining results to operational leaders.
  • Experience performing productivity variance analysis and supporting leaders in addressing departments running below target.
  • Experience using cross‑department or multi‑site comparisons to identify productivity improvement opportunities.

Responsibilities

  • Review biweekly productivity reports.
  • Conduct variance analyses across locations.
  • Collaborate with leadership to address performance gaps and identify best practices.
  • Provide clear, data-driven insights to support decision-making.
  • Serve as a liaison between Finance and operations.
  • Drive continuous improvement through the development of reporting tools, identification of systemic issues, and incorporation of industry benchmarks to enhance efficiency and cost-effectiveness.
  • Assure the integrity of financial and statistical data, via preparation or review of general ledger entries, reports, schedules, worksheets, reconciliations or other analysis.
  • Provide leadership in a team environment supporting division and departmental activities.
  • Actively communicate and present information to various audiences.
  • Use reporting tools to develop unique management financial information with significant institutional impact.
  • Develop, implement, and maintain programs and tools for financial reporting.
  • Interpret and implement accounting rules, fiscal compliance, policies and regulations.
  • Proactively identify opportunities and recommend options for increasing financial margins, while preserving Mayo standards and minimizing the financial and legal risks to Mayo.
  • Develop variable-sensitive business models and/or compliance or fiscal management tools.
  • Provide advanced analytical, financial, accounting, and compliance support to department and institutional leadership.
  • Mentor, coach, and train staff.
  • Actively participate in decision-making.
  • Lead and facilitate multi-disciplinary workgroups or projects.

Benefits

  • Medical: Multiple plan options.
  • Dental: Delta Dental or reimbursement account for flexible coverage.
  • Vision: Affordable plan with national network.
  • Pre-Tax Savings: HSA and FSAs for eligible expenses.
  • Retirement: Competitive retirement package to secure your future.
  • Continuing education and advancement opportunities
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