Financial Analyst Associate - Medical School Finance Team
University of Michigan - Ann Arbor
Application
Details
Posted: 23-Aug-24
Location: Ann Arbor, Michigan
Salary: Open
Internal Number: 253498
A cover letter is required for consideration for this position and should be attached as the first page of your resume. The cover letter should address your specific interest in the position and outline skills and experience that directly relate to this position.
Michigan Medicine is seeking an enthusiastic financial analyst searching for a challenging, yet rewarding, career in a dynamic environment.The financial analyst will work with administrative and financial data sets, including research, facilities, tuition/enrollment, financial and human resource systems, to support analyses of business operations, strategic initiatives, and leadership support. The analyst will join the Medical School Finance team, a key financial contact and business advisor for customers within the Medical School?s executive administration departments, academic departments, and operating units. This service delivery model will involve multiple interactions with Michigan Medicine leadership, departmental customers and peer analysts on a broad array of projects.
The analyst will be expected to solve resource issues and propose options when there are conflicts. Ideal candidates are adaptable and willing to take on a broad variety of additional tasks to improve operational efficiency, make or prepare presentations to internal or external groups, and other duties as assigned, functioning with a high degree of independence and minimal day-to-day supervision to deliver projects in a timely and effective manner.
As a Financial Analyst, a typical day will likely include:
Preparing financial analyses, presentations and correspondence to support department, unit, center and institute, or overall Medical School performance assessment
Participating in multidisciplinary teams evaluating strategic, operational and financial aspects of the academic enterprise
Facilitating exceptional customer service delivery through building and strengthening relationships with departmental and leadership contacts, including the Medical School Dean?s Office
Participating in special projects to improve reporting, analysis, and internal processes to achieve productivity improvements and enhanced customer service delivery
Working with complex data sets, synthesizing and summarizing results to allow for the identification of key issues, decision-making criteria, and the determination of strategies
Analyzing data to support strategic financials, business case development, and provide leadership support through ad hoc and recurring reporting and communication
Designing, developing and recommending new approaches, methodologies and tools for data driven decision making and planning
This job might be right for you if?
Using data and analytics to support business decisions and financial analysis sounds exciting
You are skilled in identifying, analyzing, and interpreting trends or patterns in complex data sets
You enjoy problem-solving and making new discoveries
You thrive in dynamic and fast paced working environments
Working in ambiguity and creating business solutions that are novel to the organization sounds stimulating
You pay attention to detail and do not let anything fall through the cracks. As far as you are concerned, anything worth doing is worth doing right, every time
You can thrive while working in both team and individual settings
You are adaptable to changing conditions and you maintain a high level of focus/energy
You feel comfortable offering support and expressing ideas to leadership
You make the customer your number one priority in any situation
Bachelor's degree in Business Administration, Finance or related field
0-3 years of professional experience
Ability to function as a member of a team and demonstrate strong initiative
Resourceful and driven to achieve quality results
Experience in financial analysis, planning, forecasting, and reporting
Ability to adapt knowledge, learn quickly, and handle multiple work streams simultaneously
Ability to assess competing priorities, manage workflow and meet operational deadlines
Knowledge of and/or experience in Microsoft Office Suite (specifically Excel)
Strong written and verbal communication skills
Master's degree in Business Administration, Finance or related field
2+ years of experience in an analytical role
Experience in healthcare, higher education and/or academic medical center setting
Advanced analytical, modeling, and data visualization skills
Experience in Business Objects, PeopleSoft, Oracle, and/or Hyperion
Experience working across multiple functions (Finance, IT, HR, Student, Research, etc.) and demonstrated success in quickly developing appropriate domain knowledge from each to support more robust solutions
Ability to complete complex analytical, consultative and information support through analysis and report preparation
Ability in problem solving analyses, methodology development, technical execution, and development of recommendations
Michigan Medicine conducts background screening and pre-employment drug testing on job candidates upon acceptance of a contingent job offer and may use a third party administrator to conduct background screenings. Background screenings are performed in compliance with the Fair Credit Report Act. Pre-employment drug testing applies to all selected candidates, including new or additional faculty and staff appointments, as well as transfers from other U-M campuses.
Michigan Medicine improves the health of patients, populations and communities through excellence in education, patient care, community service, research and technology development, and through leadership activities in Michigan, nationally and internationally. Our mission is guided by our Strategic Principles and has three critical components; patient care, education and research that together enhance our contribution to society.
Job openings are posted for a minimum of seven calendar days. The review and selection process may begin as early as the eighth day after posting. This opening may be removed from posting boards and filled anytime after the minimum posting period has ended.
The University of Michigan is an equal opportunity/affirmative action employer.
A great university is made so by its faculty and staff, and Michigan is recognized as one of the best universities to work for in the country. The Michigan culture is known for engaging faculty and staff in all facets of the university to create a workplace that is vibrant and stimulating.For two consecutive years, the Chronicle of Higher Education has placed U-M in its "Great Colleges to Work For" survey. In particular, the university earns high marks for strong relations between faculty and administrators, a collaborative system of governance, strong pay and benefits, and a healthy work/life balance.