Financial Analyst
University of Utah
Salt Lake City, UT
Full-time
Finance
Posted on April 4, 2024
Announcement
Details
Open Date
03/21/2024
Requisition Number
PRN38126B
Job Title
Financial Analyst
Working Title
Financial Business Analyst
Job Grade
E
FLSA Code
Administrative
Patient Sensitive Job Code?
No
Standard Hours per Week
40
Full Time or Part Time?
Full Time
Shift
Day
Work Schedule Summary
Monday – Friday 8:00-5:00
Some additional days/time may be required
VP Area
U of U Health - Academics
Department
00220 - Anesthesiology - Operations
Location
Campus
City
Salt Lake City, UT
Type of Recruitment
External Posting
Pay Rate Range
47,000 to 70,000
Close Date
Open Until Filled
Yes
Job Summary
Prepares financial management reports; Participates in month-end, quarter-end and year-end accounting book closing duties; Conducts special accounting and finance projects; Provides financial analysis and financial forecasting to all levels of management.
Responsibilities
This job description is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to the job.
1. Prepares and interprets management information and other financial reports.
2. Analyzes financial documents, statistical data, historical data and presents to and interprets for management.
3. Significant efforts in preparation and analysis of financial data, and reporting of financial operational information to various stakeholders across the organization.
4. Participates in the establishment and maintenance of accounting processes.
5. Audits accounting information, reconciles data, and resolves problems or recommends solutions when appropriate.
6. Analyzes trends and possible outcomes.
7. Recommends and implements improvements that affect accounting processes and departmental operations.
8. Designs forms, tables, graphs and charts for summarizing financial information.
9. Assists with the month-end financial management process, including but not limited to journal entry processing, reconciliations and reporting.
10. May prepare and monitor departmental budgets.
11. May provide training on financial issues or procedures or provide guidance to more junior staff.
Problem Solving
The Financial Analyst has the authority to independently determine the type and nature of analysis to be used to obtain the desired information or results, including data to be collected, analysis methods, presentation, format and report structure.
Representative challenges of this position include organizing and prioritizing multiple projects, determining the best course of action or appropriate resources needed to complete a project or address a problem, obtaining valid data and creating clear and understandable reports that reflect the data being sought.
The Financial Analyst must correctly interpret regulations to ensure the Department & the University are in compliance with Federal, State and other requirements.
Work Environment and Level of Frequency typically required
Nearly Continuously: Office environment.
Physical Requirements and Level of Frequency that may be required
Nearly Continuously: Sitting, hearing, listening, talking.
Often: Repetitive hand motion (such as typing), walking.
Seldom: Bending, reaching overhead.
Minimum Qualifications
Bachelor's degree in Business, Accounting, Healthcare Administration, or a related field or equivalency (one year of education can be substituted for two years of related work experience); plus two years of related experience. Also required are a thorough knowledge of established accounting principles and practices; spreadsheet and database skills; knowledge of statistics and demonstrated analytical, problem solving, human relation and effective communication skills required.
An advanced degree, such as a Master's of Business Administration, is preferred. Certain positions may require familiarity with hospital billing systems, Medicare and insurance reimbursement regulations, etc.
Applicants must demonstrate the potential ability to perform the essential functions of the job as outlined in the position description.
Preferences
Bachelor's degree in Business, Accounting, Finance, Healthcare Administration, or a related field and an advanced degree, such as a Master's of Business Administration is preferred.
Type
Benefited Staff
Special Instructions Summary
Additional Information
The University is a participating employer with Utah Retirement Systems (“URS”). Eligible new hires with prior URS service, may elect to enroll in URS if they make the election before they become eligible for retirement (usually the first day of work). Contact Human Resources at (801) 581-7447 for information. Individuals who previously retired and are receiving monthly retirement benefits from URS are subject to URS' post-retirement rules and restrictions. Please contact Utah Retirement Systems at (801) 366-7770 or (800) 695-4877 or University Human Resource Management at (801) 581-7447 if you have questions regarding the post-retirement rules.
This position may require the successful completion of a criminal background check and/or drug screen.
The University of Utah values candidates who have experience working in settings with students and patients from all backgrounds and possess a strong commitment to improving access to higher education and quality healthcare for historically underrepresented students and patients.
All qualified individuals are strongly encouraged to apply. Veterans' preference is extended to qualified applicants, upon request and consistent with University policy and Utah state law. Upon request, reasonable accommodations in the application process will be provided to individuals with disabilities.
The University of Utah is an Affirmative Action/Equal Opportunity employer and does not discriminate based upon race, ethnicity, color, religion, national origin, age, disability, sex, sexual orientation, gender, gender identity, gender expression, pregnancy, pregnancy-related conditions, genetic information, or protected veteran's status. The University does not discriminate on the basis of sex in the education program or activity that it operates, as required by Title IX and 34 CFR part 106. The requirement not to discriminate in education programs or activities extends to admission and employment. Inquiries about the application of Title IX and its regulations may be referred to the Title IX Coordinator, to the Department of Education, Office for Civil Rights, or both.
To request a reasonable accommodation for a disability or if you or someone you know has experienced discrimination or sexual misconduct including sexual harassment, you may contact the Director/Title IX Coordinator in the Office of Equal Opportunity and Affirmative Action ( OEO/AA). More information, including the Director/Title IX Coordinator's office address, electronic mail address, and telephone number can be located at: https://www.utah.edu/nondiscrimination/
Online reports may be submitted at oeo.utah.edu
https://safety.utah.edu/safetyreport This report includes statistics about criminal offenses, hate crimes, arrests and referrals for disciplinary action, and Violence Against Women Act offenses. They also provide information about safety and security-related services offered by the University of Utah. A paper copy can be obtained by request at the Department of Public Safety located at 1658 East 500 South.
Posting Specific Questions
Required fields are indicated with an asterisk (*).
Required Documents
Details
Open Date
03/21/2024
Requisition Number
PRN38126B
Job Title
Financial Analyst
Working Title
Financial Business Analyst
Job Grade
E
FLSA Code
Administrative
Patient Sensitive Job Code?
No
Standard Hours per Week
40
Full Time or Part Time?
Full Time
Shift
Day
Work Schedule Summary
Monday – Friday 8:00-5:00
Some additional days/time may be required
VP Area
U of U Health - Academics
Department
00220 - Anesthesiology - Operations
Location
Campus
City
Salt Lake City, UT
Type of Recruitment
External Posting
Pay Rate Range
47,000 to 70,000
Close Date
Open Until Filled
Yes
Job Summary
Prepares financial management reports; Participates in month-end, quarter-end and year-end accounting book closing duties; Conducts special accounting and finance projects; Provides financial analysis and financial forecasting to all levels of management.
Responsibilities
This job description is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to the job.
1. Prepares and interprets management information and other financial reports.
2. Analyzes financial documents, statistical data, historical data and presents to and interprets for management.
3. Significant efforts in preparation and analysis of financial data, and reporting of financial operational information to various stakeholders across the organization.
4. Participates in the establishment and maintenance of accounting processes.
5. Audits accounting information, reconciles data, and resolves problems or recommends solutions when appropriate.
6. Analyzes trends and possible outcomes.
7. Recommends and implements improvements that affect accounting processes and departmental operations.
8. Designs forms, tables, graphs and charts for summarizing financial information.
9. Assists with the month-end financial management process, including but not limited to journal entry processing, reconciliations and reporting.
10. May prepare and monitor departmental budgets.
11. May provide training on financial issues or procedures or provide guidance to more junior staff.
Problem Solving
The Financial Analyst has the authority to independently determine the type and nature of analysis to be used to obtain the desired information or results, including data to be collected, analysis methods, presentation, format and report structure.
Representative challenges of this position include organizing and prioritizing multiple projects, determining the best course of action or appropriate resources needed to complete a project or address a problem, obtaining valid data and creating clear and understandable reports that reflect the data being sought.
The Financial Analyst must correctly interpret regulations to ensure the Department & the University are in compliance with Federal, State and other requirements.
Work Environment and Level of Frequency typically required
Nearly Continuously: Office environment.
Physical Requirements and Level of Frequency that may be required
Nearly Continuously: Sitting, hearing, listening, talking.
Often: Repetitive hand motion (such as typing), walking.
Seldom: Bending, reaching overhead.
Minimum Qualifications
Bachelor's degree in Business, Accounting, Healthcare Administration, or a related field or equivalency (one year of education can be substituted for two years of related work experience); plus two years of related experience. Also required are a thorough knowledge of established accounting principles and practices; spreadsheet and database skills; knowledge of statistics and demonstrated analytical, problem solving, human relation and effective communication skills required.
An advanced degree, such as a Master's of Business Administration, is preferred. Certain positions may require familiarity with hospital billing systems, Medicare and insurance reimbursement regulations, etc.
Applicants must demonstrate the potential ability to perform the essential functions of the job as outlined in the position description.
Preferences
Bachelor's degree in Business, Accounting, Finance, Healthcare Administration, or a related field and an advanced degree, such as a Master's of Business Administration is preferred.
Type
Benefited Staff
Special Instructions Summary
Additional Information
The University is a participating employer with Utah Retirement Systems (“URS”). Eligible new hires with prior URS service, may elect to enroll in URS if they make the election before they become eligible for retirement (usually the first day of work). Contact Human Resources at (801) 581-7447 for information. Individuals who previously retired and are receiving monthly retirement benefits from URS are subject to URS' post-retirement rules and restrictions. Please contact Utah Retirement Systems at (801) 366-7770 or (800) 695-4877 or University Human Resource Management at (801) 581-7447 if you have questions regarding the post-retirement rules.
This position may require the successful completion of a criminal background check and/or drug screen.
The University of Utah values candidates who have experience working in settings with students and patients from all backgrounds and possess a strong commitment to improving access to higher education and quality healthcare for historically underrepresented students and patients.
All qualified individuals are strongly encouraged to apply. Veterans' preference is extended to qualified applicants, upon request and consistent with University policy and Utah state law. Upon request, reasonable accommodations in the application process will be provided to individuals with disabilities.
The University of Utah is an Affirmative Action/Equal Opportunity employer and does not discriminate based upon race, ethnicity, color, religion, national origin, age, disability, sex, sexual orientation, gender, gender identity, gender expression, pregnancy, pregnancy-related conditions, genetic information, or protected veteran's status. The University does not discriminate on the basis of sex in the education program or activity that it operates, as required by Title IX and 34 CFR part 106. The requirement not to discriminate in education programs or activities extends to admission and employment. Inquiries about the application of Title IX and its regulations may be referred to the Title IX Coordinator, to the Department of Education, Office for Civil Rights, or both.
To request a reasonable accommodation for a disability or if you or someone you know has experienced discrimination or sexual misconduct including sexual harassment, you may contact the Director/Title IX Coordinator in the Office of Equal Opportunity and Affirmative Action ( OEO/AA). More information, including the Director/Title IX Coordinator's office address, electronic mail address, and telephone number can be located at: https://www.utah.edu/nondiscrimination/
Online reports may be submitted at oeo.utah.edu
https://safety.utah.edu/safetyreport This report includes statistics about criminal offenses, hate crimes, arrests and referrals for disciplinary action, and Violence Against Women Act offenses. They also provide information about safety and security-related services offered by the University of Utah. A paper copy can be obtained by request at the Department of Public Safety located at 1658 East 500 South.
Posting Specific Questions
Required fields are indicated with an asterisk (*).
- * Do you have 2 or more years of business, accounting, and/or healthcare administration experience?
- Yes
- No
- * Do you have a related Bachelor's degree or equivalency? (2 years related work experience may be substituted for 1 year of education)
- Yes
- No
- How many years of accounting/finance related work experience do you have?
- Less than 2 years
- 2 year or more, but less than 4 years
- 4 years or more, but less than 6 years
- 6 years or more, but less than 8 years
- 8 years or more
- How many years of healthcare experience/experience in a medical setting do you have?
- Less than 1 year
- 1 year or more, but less than 2 years
- 2 years or more, but less than 4 years
- 4 years or more, but less than 6 years
- 6 years or more
- * Indicate your level of expertise in accounting principles and practices, spreadsheets/databases, statistics and analytical problem solving:
- None
- Minimal
- Moderate
- Extensive
- Indicate your level of knowledge/expertise using MS Excel:
- No MS Excel knowledge/expertise
- Basic MS Excel knowledge/expertise to create workbooks; enter and edit text and numbers; add rows or columns; format, print and save spreadsheets; use basic formulas such as SUM.
- Intermediate MS Excel knowledge/expertise including use of macros; creation of charts; set up and manipulation of basic pivot tables; use of index and reference functions such as VLOOKUP.
- Advanced MS Excel knowledge/expertise including familiarity with text/number conversions; strong spreadsheet design skills including formula consistency and avoiding embedded constants; advanced use of pivot tables.
- Microsoft Office Specialist (MOS) or equivalent certification in MS Excel
Required Documents
- Resume
- Cover Letter
- Addendum to the University of Utah - Veteran Only - Call 801.581.2169 after submission
- Appropriate discharge document (such as a DD-214 – Member Copy 4) – Veteran Only – Call 801.581.2169
