Financial Analyst (Senior/Intermediate) - Medical School Finance Team

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How to Apply

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.

Job Summary

Michigan Medicine is seeking a proven and experienced financial analyst to 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 financial 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.

Mission Statement

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.

Responsibilities*

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

Required Qualifications*

• Bachelor's degree in Business Administration, Finance or related field

• Proven ability to build internal client relationships, function as a member of a team, and demonstrate initiative

• Experience in financial analysis, planning, forecasting, and reporting

• Proven 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 communication skills (both oral and written), and the ability to analyze large amounts of complex information to present simple and concise material to the appropriate audience

Senior Level

• 5-8 years of professional experience

Intermediate Level

• 2-5 years of professional experience

Desired Qualifications*

• Master's degree in Business Administration or equivalent

• 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

Modes of Work

Positions that are eligible for hybrid or mobile/remote work mode are at the discretion of the hiring department. Work agreements are reviewed annually at a minimum and are subject to change at any time, and for any reason, throughout the course of employment. Learn more about thework modes (https://hr.umich.edu/working-u-m/my-employment/ways-we-work-resource-center/ways-we-work-implementation-group/modes-work) .

Underfill Statement

This position may be underfilled at a lower classification depending on the qualifications of the selected candidate.

Background Screening

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.

Application Deadline

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.

U-M EEO/AA Statement

The University of Michigan is an equal opportunity/affirmative action employer.

Job Detail

Job Opening ID

253500

Working Title

Financial Analyst (Senior/Intermediate) - Medical School Finance Team

Job Title

Financial or Bus Analyst Sr

Work Location

Michigan Medicine - Ann Arbor

Ann Arbor, MI

Modes of Work

Hybrid

Full/Part Time

Full-Time

Regular/Temporary

Regular

FLSA Status

Exempt

Organizational Group

Exec Vp Med Affairs

Department

MM Financial Srvcs

Posting Begin/End Date

8/21/2024 - 9/20/2024

Career Interest

Finance

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