Financial Analyst III-Hybrid

Mayo Clinic•Rochester, MN

1d•Hybrid

About The Position

This position is a Hybrid role, requiring partial remote work and partial on-site presence at a Mayo Clinic or Mayo Clinic Health System Site. Applicants must reside within a 100-mile commutable distance from a designated site, with specific on-site days determined by the hiring manager based on business needs. The role focuses on supporting organizational financial performance by monitoring productivity, analyzing variances, and collaborating with operational leaders to ensure departments meet established targets. The analyst will provide data-driven insights for decision-making, act as a liaison between Finance and operations, and drive continuous improvement through reporting tool development, systemic issue identification, and the integration of industry benchmarks to enhance efficiency and cost-effectiveness.

Requirements

Bachelor's degree with an emphasis in Accounting or Finance and a minimum of 6 years applicable experience in accounting or finance
OR other business-related bachelor's degrees require a minimum of 9 years of applicable accounting or finance experience
Advanced understanding of accounting and finance practices
Advanced knowledge of Microsoft applications including Word, Excel and Outlook
Advanced investigational skills
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
This vacancy is not eligible for sponsorship / we will not sponsor or transfer visas for this position

Nice To Haves

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
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

Monitor productivity
Analyze variances
Partner with operational leaders to ensure departments meet established targets
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
Be recognized and relied on as a subject matter expert of a finance, accounting or compliance technical area
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