Senior Financial Analyst - Urology
Senior Financial Analyst - Urology
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Job Description
The University of Iowa Health Care Department of Urology is ready to welcome a collaborative and motivated Senior Financial Analyst to perform a broad range of complex financial and cost accounting analysis of financial reports and data. The primary responsibilities of this position will be to provide accounting financial and productivity analysis leadership and support for the Department of Urology. Services include but are not limited to establishing accounting principles transaction monitoring financial accounting productivity analysis and monitoring designing and providing timely analytical reports on finances costs expenditures and operations preparing financial reports and reviewing departmental financial status with department leadership regularly. Develop implement and advise managers/faculty and staff on UI/UI Health Care/COM finance policies and practices. Serves as finance representative and/or provide administrative interface to other University UI Health Care COM and constituencies internal and external to the Department. The position requires a high level of collaboration attention to detail accuracy and independent judgement.
- Review totals prepare monthly & yearly reports accruals salary & fringe predictions for quarterly and yearly budgets. Monthly monitoring and validation of general ledger and all entries.
- Monitor and reconcile account expenditures irregularities answer inquiries regarding usage and status of accounts; advise in usage and status of account; provide recommendations and implement corrective action.
- Set up and monitor salary splits for the department over all MFKs.
- Develops forecasting reports for monitoring and trending of data related to all areas of urology for budgeting purposes.
- Obtain facilitate and manage contracts internally and externally from UI Health Care.
- Reconciles bank deposits.
- Understands risk points and works to minimize.
- Develop overall understanding of accounting structure and ensure reimbursement is being received appropriately.
- Research and follow up with payers as appropriate/needed when remits or reimbursements are not as expected.
- Work with financial team to balance accounts set up accruals close out accounts review malpractice reports work on departmental budgets forecasts and analyze data as requested.
- Review and analyze Funds Flow monthly and prepare entries to have funds deployed to proper MFKs.
- CCOM commitments & purchased services evaluated and tracked.
- Assist with analysis of payments payer mix and other data as determined.
- Review data on a pre-defined basis for analysis and sharing with leadership team.
- Prepares dashboards related to different areas (overall area specific specialty) of urology practice.
- Provide analytical support including design implementation coordination and data querying to support financial improvements.
- Prepare forecasts for Administrator as requested for numerous reports from expenses salaries VA commitments monthly departmental snapshots and comparison to prior years.
- Assist with the development of financial proformas for financial planning.
- Through data analysis identify opportunities for business improvements.
- Liason with the University of Iowa Foundation and review spending and money transfers as needed.
- Point person for Department of Urology and between University and outside entities.
- Set up bill areas for new providers entering effort into METS and generating reports & reviewing each provider.
- Analyzing areas that can be streamlined and implementing efficiencies.
- Correcting accounts with JE and or WebCV payCV and requesting corrections from other depts as needed.
- Process transactions/payments as appropriate in ProTrav system.
- Answer questions & resolve account discrepancies with budgeting salaries new hires MFKs remaining balances & assets in clinic.
- Approval officer for the departmental transactions in workflow.
- Training/guiding new employees in the department on monthly & yearly tasks.
- Teach new employee to review statements TDRS pCards allotments travel & purchasing policies.
- Review work for accuracy and making changes as needed.
- Work with HR to align salaries between the UI and VA surgeons.
- Assisting within our new team with HR questions MFK questions travel purchasing & troubleshooting where needed.
- Development of project plans and workflows.
Required Qualifications
- Bachelors degree in business administration Finance and Accounting or related field or an equivalent combination of education and experience
- Minimum 3 years accounting auditing cost accounting budget and/or financial analysis experience is required.
- Excellent written and verbal communication skills are required.
- Experience gathering information from multiple data sources understanding the context and demonstrating detailed analytical skills with the ability to turn raw data into actionable information.
- Proficiency in computer software applications including Microsoft Excel Access Word and Outlook.
Desirable Qualifications
- Experience working in a large academic medical center.
- Knowledge of University accounting policy procedure and systems.
- Knowledge of accounting and budgeting tools including: Peoplesoft StrataJazz GL Reporter and UI Electronic Financial Reports (EFR)
Application Process:
In order to be considered for an interview applicants must upload the following documents and mark them as a Relevant File to the submission:
Resume
Cover Letter
Job openings are posted for a minimum of 7 calendar days and may be removed from posting and filled any time after the original posting period has ended.
Successful candidates will be required to self-disclose any conviction history and will be subject to a criminal background check and credential/education verification.
Up to 5 professional references will be requested at a later step in the recruitment process.
This position is eligible for a combination of on-campus (UI Health Care) and remote work. Remote work must be performed at an offsite location within the state of Iowa. Per policy work arrangements will be reviewed annually and must comply with theremote work program and related policiesandemployee travel policy when working at a remote location.Work arrangement options will be discussed during the hiring process.
This position is not eligible for University sponsorship for employment authorization.
For additional questions please contact Sandy Moenk at or .
Joining University of Iowa Health Care means becoming part of a world-class academic health system that offers a mission you can believe in resources and support you need to excel and a community where your impact is felt every day. Were providing patient care with expertise and compassion advancing groundbreaking research and teaching and training tomorrows health care professionals. Together were changing medicine and changing lives across Iowa and beyond.
Enjoy exceptional health coverage university-paid life insurance robust retirement plans generous leave policies 24/7 support services well-being resources and access to our UI Health Care specialists and care teams.
Grow professionally with advanced training leadership development and tuition assistance. Enjoy a rich quality of life with world-class performances at Hancher Auditorium Big Ten athletics top-ranked public schools and outdoor recreation.
As part of the Hawkeye community youll find a balance of career fulfillment and quality of life. Join us in working together to make all of Iowa better.
Required Experience:
Senior IC
Employment Type
Full Time
