Senior Financial Analyst (50)

The Department of Cardiothoracic Surgery is seeking a Senior Financial Analyst at 50% 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 Universitys 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.

Position 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 departments 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 CVs 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 ones 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 ones own professional knowledge skills and abilities as they relate to ones current position and/or to prepare for potential future roles and overall career development.
Other duties as assigned