Senior Financial Analyst - Stead Family Children's Hospital

University of Iowa•Iowa City, IA

11h•Onsite

About The Position

Within University of Iowa Stead Family Children’s Hospital (SFCH) and Children’s and Women’s Nursing Services (CWS), this position assists with capital and operating budget creation, monitoring and financial tracking, and reconciling grant financial reports. This position provides high-level analytical and operational support to SFCH leadership, serving as a key resource for data-driven decision-making and strategic initiatives. This role is responsible for developing and maintaining data systems, dashboards, and reporting processes, while leading special projects that enhance operational efficiency and financial performance. Working with a high degree of autonomy, the position requires strong critical thinking, organization, and communication skills to manage complex information, support budgeting and workforce planning, and ensure data integrity across the department.

Requirements

Minimum of three years’ experience in finance and/or an accounting related field or equivalent years of experience.
Experience with account reconciliation
Demonstrated excellent verbal and written communication and interpersonal skills
Superior attention to detail
Demonstrated experience with data generation, analysis and reporting
Demonstrated ability to work independently to complete multiple projects and meet deadlines.
Proficiency in Microsoft Office software applications, including Word, Outlook, Excel, and Power Point

Nice To Haves

Prior experience in an academic or health care setting.
Demonstrated experience with identifying and implementing improvements in financial reporting processes
Knowledge of accounting financial systems
Advanced Excel skills including Pivot tables, VLookup, or Sumifs
Experience supervising staff
Knowledge of University of Iowa Policies and Procedures

Responsibilities

Perform routine financial audits of accounts, report findings, verify compliance and facilitate action plans according to the contracts
Utilize protocols to initiate or approve expenses
Monitor account balances and reconcile department TDRs
Complete mandatory reconciliations and reporting following pre-established processes.
Mange data gathering and reporting initiatives across multiple sources
Prepare budget and accounting reports for SFCH and CWS ACNO.
Review monthly financial statements and prepare variance and budget comparison reports.
Provide and communicate financial information to SFCH CAO and CWS ACNO.
Assess variance reports on revenue, expenses, and other statistical measures. Prepare highly specialized reports as requested.
Forecast capital equipment needs and estimate replacement costs on a multi-year cycle.
Prepare financial analysis of information for budget development.
Oversee workflows for operational, gift, and capital purchases
Assist with the monthly and annual accounting processes.
Assist in forecasting patient volume and staffing needs
Manage MFK (account) setup, usage, and expense tracking
Manage financial processes related to registrations, payments, and deposits
Monitor and reconcile gift accounts and ensure compliance with funding requirements
Analyze and explain budget variances and initiate corrections as needed
Coordinate annual capital inventory and collaborate with auditors to verify equipment
Track and manage capital assets in collaboration with Bioengineering
Manage purchasing, replacement, and distribution of workstations and clinical equipment
Perform complex financial and statistical analysis utilizing expert knowledge of financial systems.
Utilize decision support/data warehouse systems to develop proforma and business analysis for programmatic and strategic initiatives.
Advise and guide divisions within department on compliance requirements such as TDRs, sub certification and cash handling.
Provide data analytic support to SFCH and CWS leadership
Provide best practice training to others.
Train and support leadership in use of data tools and reporting systems
Recommend and assist in developing training solutions to increase accuracy, efficiency and effectiveness of financial transactions.
Advise leadership within the department on appropriate financial controls, transactions, and accounting processes.
Provide functional and/or administrative supervision (direction, assignments, feedback, coaching and counseling) to ensure outcomes are achieved.
Supervise staff, including assigning work, coaching, and performance management
Assist in coordination/preparation of analysis for strategic plans in support of SFCH CAO and CWS ACNO.
Contribute to tactical and strategic planning, including resource allocation and goal alignment