Senior Financial Analyst

UT Southwestern Medical Center • Dallas, TX

30d

About The Position

The Center for Depression Research and Clinical Care (CDRC) is seeking a detail-oriented and analytical finance professional to support the financial management of grant-funded and departmental projects. This role will serve as a key financial partner to research and administrative leadership, supporting the development and execution of funding strategies that ensure the long-term financial sustainability of the center’s research mission. This position is responsible for managing a diverse portfolio of federal, state, institutional, and philanthropic funding sources. This role is responsible for preparing monthly financial reports, monitoring budgets, and ensuring the accurate allocation of expenses across multiple funding sources. The successful candidate will oversee salary sourcing allocations, process funding changes and cost reallocations, analyze expenditures against the general ledger, and resolve funding discrepancies while maintaining compliance with organizational policies and sponsor requirements.
In addition, this role provides strategic financial planning and stewardship for the CDRC, including developing multi-year financial projections, evaluating utilization and trends, identifying financial risks and opportunities, and advising leadership on resource allocation decisions. The position provides financial oversight of subaward agreements and is responsible for reviewing and processing a variety of financial transactions, including expense reports, payment requests, invoices, and cost transfers. Additional responsibilities include performing reconciliations and variance analyses, supporting project closeout activities, generating and analyzing financial data from enterprise systems, and contributing to budgeting, forecasting, and financial planning initiatives. This role requires strong financial analysis skills, attention to detail, and the ability to collaborate with stakeholders to ensure sound financial stewardship and effective resource management. The successful candidate will demonstrate sound judgment, strategic thinking, clear communication, and the ability to collaborate effectively.

Requirements

• Bachelor's Degree in finance, accounting, or other related field
• 4 years of progressively responsible experience in finance and/or accounting
• Experience in planning, forecasting, and financial analysis
• Detail-oriented and analytical
• Strong financial analysis skills
• Attention to detail
• Ability to collaborate with stakeholders
• Sound judgment
• Strategic thinking
• Clear communication

Responsibilities

• Prepares monthly financial reports, monitors budgets, and ensures the accurate allocation of expenses across multiple funding sources.
• Oversees salary sourcing allocations, processes funding changes and cost reallocations, analyzes expenditures against the general ledger, and resolves funding discrepancies while maintaining compliance with organizational policies and sponsor requirements.
• Provides strategic financial planning and stewardship, including developing multi-year financial projections, evaluating utilization and trends, identifying financial risks and opportunities, and advising leadership on resource allocation decisions.
• Provides financial oversight of subaward agreements.
• Reviews and processes a variety of financial transactions, including expense reports, payment requests, invoices, and cost transfers.
• Performs reconciliations and variance analyses.
• Supports project closeout activities.
• Generates and analyzes financial data from enterprise systems.
• Contributes to budgeting, forecasting, and financial planning initiatives.
• Completes a variety of complex monthly financial management reports and reviews all reports for errors and inconsistencies.
• Analyzes variations in forecasts and actual performance and determines reasons for variance.
• Develops recommendations for improvement.
• Completes written summaries of financial data.
• Prepares and/or supervises preparation of monthly financial reports, schedules for annual financial reports, and reports to various government agencies, ensuring conformance of such reports with applicable procedures and regulations of University of Texas System and Federal and State agencies.
• Identifies areas of poor performance, presents findings, and makes recommendations to upper management.
• Prepares financial models and conducts financial analyses.
• May maintain controls for policies and procedures for financial system.
• Develops and maintains delegation of authority of various procedures, such as check requests, refunds, invoice approval, bad debt write-offs, etc.
• Completes more complex special projects as requested.
• Performs other duties as assigned.

Benefits

• PPO medical plan, available day one at no cost for full-time employee-only coverage
• 100% coverage for preventive healthcare-no copay
• Paid Time Off, available day one
• Retirement Programs through the Teacher Retirement System of Texas (TRS)
• Paid Parental Leave Benefit
• Wellness programs
• Tuition Reimbursement
• Public Service Loan Forgiveness (PSLF) Qualified Employer

What This Job Offers

• Job Type: Full-time
• Career Level: Senior