Senior Financial Analyst Stead Family Children's Hospital
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Job Location:
Monthly Salary:
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
Position Specific Summary:
Within University of Iowa Stead Family Childrens Hospital (SFCH) and Childrens and Womens Nursing Services (CWS) this position assists with capital and operating budget creation monitoring and financial tracking and reconciling grant financial reports. This position provides high-level analytical and operational support to SFCH leadership serving as a key resource for data-driven decision-making and strategic initiatives. This role is responsible for developing and maintaining data systems dashboards and reporting processes while leading special projects that enhance operational efficiency and financial performance. Working with a high degree of autonomy the position requires strong critical thinking organization and communication skills to manage complex information support budgeting and workforce planning and ensure data integrity across the department.
Position Responsibilities
Financial Reporting
Perform routine financial audits of accounts report findings verify compliance and facilitate action plans according to the contracts
Utilize protocols to initiate or approve expenses
Monitor account balances and reconcile department TDRs
Complete mandatory reconciliations and reporting following pre-established processes.
Mange data gathering and reporting initiatives across multiple sources
Prepare budget and accounting reports for SFCH and CWS ACNO.
Review monthly financial statements and prepare variance and budget comparison reports.
Provide and communicate financial information to SFCH CAO and CWS ACNO.
Assess variance reports on revenue expenses and other statistical measures. Prepare highly specialized reports as requested.
Forecast capital equipment needs and estimate replacement costs on a multi-year cycle.
Financial Oversight and Budgeting
Prepare financial analysis of information for budget development.
Oversee workflows for operational gift and capital purchases
Assist with the monthly and annual accounting processes.
Assist in forecasting patient volume and staffing needs
Manage MFK (account) setup usage and expense tracking
Manage financial processes related to registrations payments and deposits
Monitor and reconcile gift accounts and ensure compliance with funding requirements
Analyze and explain budget variances and initiate corrections as needed
Coordinate annual capital inventory and collaborate with auditors to verify equipment
Track and manage capital assets in collaboration with Bioengineering
Manage purchasing replacement and distribution of workstations and clinical equipment
Financial Analysis and Planning
Perform complex financial and statistical analysis utilizing expert knowledge of financial systems.
Utilize decision support/data warehouse systems to develop proforma and business analysis for programmatic and strategic initiatives.
Compliance with Policies Regulations and Laws and Operational Oversight
Advise and guide divisions within department on compliance requirements such as TDRs sub certification and cash handling.
Leadership and Training
Provide data analytic support to SFCH and CWS leadership
Provide best practice training to others.
Train and support leadership in use of data tools and reporting systems
Recommend and assist in developing training solutions to increase accuracy efficiency and effectiveness of financial transactions.
Advise leadership within the department on appropriate financial controls transactions and accounting processes.
Provide functional and/or administrative supervision (direction assignments feedback coaching and counseling) to ensure outcomes are achieved.
Supervise staff including assigning work coaching and performance management
Strategic Planning
Assist in coordination/preparation of analysis for strategic plans in support of SFCH CAO and CWS ACNO.
Contribute to tactical and strategic planning including resource allocation and goal alignment
Percent of Time:100%
Work Schedule:Monday Friday Hours generally worked between 8:00am-4:30pm
Pay Grade:4B
- Regular salaried position located in Iowa City IA
- 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 about Why Iowa clickhere
Education Requirements
Bachelors degree in accounting/finance/MIS or an equivalent combination of education and experience
Required Qualifications
Minimum of three years experience in finance and/or an accounting related field or equivalent years of experience.
Experience with account reconciliation
Demonstrated excellent verbal and written communication and interpersonal skills
Superior attention to detail
Demonstrated experience with data generation analysis and reporting
Demonstrated ability to work independently to complete multiple projects and meet deadlines.
Proficiency in Microsoft Office software applications including Word Outlook Excel and Power Point
Desired Qualifications
Prior experience in an academic or health care setting.
Demonstrated experience with identifying and implementing improvements in financial reporting processes
Knowledge of accounting financial systems
Advanced Excel skills including Pivot tables VLookup or Sumifs
Experience supervising staff
Knowledge of University of Iowa Policies and Procedures
Position and Application Details
ResumeANDCover Letter are required to be considered for an interview applicants must upload the document and mark them as a Relevant File to the submission:
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.
Required Experience:
Senior IC
About Company
The University of Iowa is a top-tier public research university in Iowa City—home to more than 32,000 students, offering world-class programs across 200+ fields of study, renowned especially for its creative writing, acclaimed medical center, and balanced excellence in the arts and sc ... View more
