Hospital Financial Analyst, UHealth Finance

University of Miami•Miami, FL

About The Position

The Financial Analyst compiles and analyzes financial information for the assigned division(s)/department(s) in an efficient and accurate manner. Moreover, the incumbent assists management in the decision-making process and strategic planning by presenting relevant financial reports in a clear, concise, and timely manner.

Requirements

Bachelor’s degree in relevant field
Minimum 1 year of relevant experience
Knowledge of generally accepted accounting procedures and principles.
Knowledge of budget control methods, policies, and procedures.
Ability to prepare financial and accounting records.
Ability to analyze, consolidate, and interpret accounting data.
Ability to compile, organize, interpret, and communicate accounting data and results concisely.
Ability to manage a budget and work within the constraints of that budget.

Nice To Haves

Any relevant education, certifications and/or work experience may be considered.

Responsibilities

Prepares and coordinates documentation of financial analysis projects such as budgets, forecasts, projections, expense performance, and presentations.
Identifies trends and developments in competitive environments and presents findings.
Provides analytical support for forward-looking financial or business-related projects.
Performs financial forecasting and reconciliation of accounts.
Designs and builds various models that summarize several different scenarios around growth and expansion initiatives or opportunities.
Develops and maintains performance and productivity dashboards, models or analyses.
Collects, interprets and analyzes relevant data or metrics.
May develop and maintain reports to support plans, business decisions, operational changes, strategic plans and new services.
Resolves any reporting issues.
Makes recommendations to align policies and procedures with best practices and capitalize on financial opportunities.
Adheres to University and unit-level policies and procedures and safeguards University assets.
Creates and loads necessary data submission files and ensures data loads are occurring timely and efficiently
Audits the assigned systems’ data and ensures loads are occurring timely and efficiently
Initiates and/or responds to benchmarking questionnaires and surveys
Meets with department leaders to vet benchmark performance and ensure data submissions are clean
Produces daily, weekly, monthly and quarterly labor productivity reporting, as assigned
Assists in the preparation of explanations for labor variance analysis
Analyzes planned versus actual labor to identify opportunities for efficiencies and recommended adjustment of staffing levels
Designs and builds various labor management models that summarize several different scenarios around growth and expansion initiatives or opportunities
Develops performance and productivity dashboards, models or analyses.
Conducts labor management research on different strategic initiatives.