Senior Financial Analyst (50%25)

University of IowaIowa City, IA

About The Position

The Department of Cardiothoracic Surgery is seeking a Senior Financial Analyst at 50%25 time, to lead and guide all financial management activities for the Department of Cardiothoracic Surgery in a cost-effective, efficient, and timely manner and assure responsible stewardship of the University's financial resources by establishing policies and procedures in compliance with internal and external regulations. Perform a broad range of accounting and financial analysis responsibilities to assure effective and compliant operations in the Department of Cardiothoracic Surgery. These responsibilities require a high degree of discretion and independent judgment.

Requirements

  • Bachelor's degree in Business Administration or Accounting or an equivalent combination of education and experience is required.
  • Minimum of 3-5 years’ experience in Accounting or Financial Analysis.
  • Ability to work independently and in a team setting.
  • Must be proficient in all Microsoft Office Suite software applications.
  • Must be proficient in statistical and financial analysis.

Nice To Haves

  • Familiarity with grant accounting and management.
  • Knowledge of University practices, rules and regulations.

Responsibilities

  • Collect, maintain, and analyze financial data across University, UI Health Care, Carver College of Medicine platforms to prepare periodic and standardized financial reports for internal and external use.
  • Develop and prepare reports that reflect activity levels with comparison to appropriate benchmarks.
  • Analyze and distribute data from monthly accounting reports.
  • Review budgets for all accounts in the department and check for accuracy.
  • Answer questions and resolve account discrepancies both internal and external.
  • Serve as a resource related to billing matters for the Department of Cardiothoracic Surgery.
  • Prepare special and periodic reports as required.
  • Collaborate with the DAO in the preparation of yearly budgets for the department.
  • Review external funding account transactions and assist with Grant Accounting closeout/review of financial transactions.
  • Provide timely reports on variances from such established budget and make recommendations to reduce unfavorable budget variances.
  • Provide direction and assistance to departmental administrative staff and faculty based on the budget.
  • Recommend process improvement and create innovative processes that will improve the department’s operations.
  • Assist in development and maintenance of account databases and reporting.
  • Assist in yearly balancing/closing of accounts by coordinating with Accounting & Financial Reporting and the College of Medicine.
  • Recommend and assist in developing training solutions related to university policies.
  • Contribute to implementation of policies and procedures.
  • Review transactions for appropriateness of expenditures and reconcile differences with departments and sponsors
  • Complete CV's for payroll and general expenses.
  • Works directly with UI Center for Advancement to track accounts.
  • Serves an approval officer for departmental transactions in Workflow.
  • Demonstrates respect for all members of the University community in the course of performing one’s duties and in response to administrators, supervisors, coworkers, and customers.
  • Represents the interests of the University and of unit leadership in the use of resources to meet service and productivity demands within unit goals and budgets; strives to promote continual process and quality improvement.
  • Seeks opportunities to enhance one’s own professional knowledge, skills, and abilities as they relate to one’s current position and/or to prepare for potential future roles and overall career development.
  • Other duties as assigned
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