Financial Analyst Department of Surgery

University of Iowa Health Care is seeking a Financial Analyst for the Department of Surgery to independently perform a broad range of complex accounting and financial analysis responsibilities to assure accurate effective and compliant organizational/department/unit operations.

Job Responsibilities
Prepare salary fringe and expense projections for all Department of Surgery divisions as well as quarterly forecasts for the Department.
Assist with and support development of annual operating budget. Assist with data entry into StrataJazz system.
Monitor and review monthly budget-to-actuals and provide reports to DAO and Assistant DAO.
Prepare forecast of monthly income statements and review with finance team.
Set up and monitor salary splits for the department on all open accounts. Process payCVs and HR change of statuses as necessary.
Collaborate with finance team to balance accounts calculate accruals close accounts review malpractice reports and work on divisional budgets and forecasts.
Assist as needed with development of grant budgets oversee expenditures for grants contracts subawards and gifts for the Department while upholding UI and sponsor policies and procedures.
Assist as needed with completion of grant closeouts in conjunction with Grant Accounting Office (GAO) and external sponsors.
Assist with post-award financial management including review of budget vs. actual expenditures. Provide monthly reports to PIs DAO and DEO regarding research funding.
Conduct monthly review of general ledger.
Generate divisional income statements provide notes on inconsistencies and offer recommendations.
Generate monthly individual provider level and division level profit/loss statements.
Generate division level effort reports.
Review monthly funds flow reports and transactions. At the Department level prepare and complete entries assigning funds flow to proper divisions/accounts.
Create process review increase or amend purchase orders as needed.
Prepare forecasts for DAO as requested for numerous reports from expenses salaries VA commitments monthly divisional snapshots and comparison to prior years.
Evaluate and track CCOM/Hospital/other commitments and purchased services.
Approve transactions in workflow.
Monitor gift accounts through the University of Iowa Center for Advancement; generate reports and initiate transfers.
Enter monthly METS effort track changes and generate reports for DAO and finance team; collaborate closely with finance team to ensure accurate consistent reporting.
Ensure funds are managed to maximize organizational impact while maintaining strict compliance with policies.
Work closely with clinical and operational teams to integrate financial insights into strategic planning efforts.
Participate in calculating and processing of monthly quarterly and year end special compensation payments.
Participate in annual compensation review for faculty facilitating COS as needed for faculty and staff entering salaries into salary setting tool; review and monitor monthly.
Track faculty commitments and prepare special compensation payments for onboarding faculty members including transition payments and relocation expenses.
Monitor departmental accounts submit journal entries (JE) and/or WebCV payCV and request corrections from external departments as needed.
Resolve account discrepancies respond to inquiries and recommend adjustments needed to balance accounts.
Analyze areas that can be streamlined and propose plan for implementing efficiencies.
Train/guide new employees in Department on monthly reconciliation tasks.
Train new employee to review statements approve transaction detail reports (TDRs) pCards allotments travel and purchasing policies.
Review work for accuracy and making changes as needed.
Work with HR to align salaries between the UI and VA.

Percent of Time: 100%

Schedule: Monday through Friday 8:00 am to 5:00 pm.

Location: UI Health Care Medical Center University Campus

Pay Grade: 3B Professional and Scientific Pay Structures University Human Resources - The University of Iowa

Benefits Highlights:
Regular salaried position located in Iowa City Iowa.
Fringe benefit package including paid vacation; sick leave; health dental life and disability insurance options; and generous employer contributions into retirement plans. For more information on benefits please visit UI Health Care Benefits.
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