University of Miami · 19 hours ago
Financial Analyst 3
The University of Miami is an academic medical center providing leading-edge patient care and research. They are seeking a Financial Analyst 3 to examine the financial status of the organization, develop projections, reports, and assist senior management in financial decision-making.
Higher Education
Responsibilities
Develops, prepares and coordinates documentation of financial analysis projects such as budgets, forecasts, projections, expense performance, and presentations
Identifies trends and developments in competitive environments and makes recommendations to senior management
Provides analytical evaluation for forward-looking financial or business-related projects
Devises financial forecasting and reconciliation of accounts
Reviews reports and ensures that financial information has been recorded accurately
Compares results with plans and forecasts and makes recommendations for adjustments
Trains and oversees junior staff members to ensure accuracy and efficiency in end work product
Assists in the development and organization of department and project budgets
Designs and builds various models that summarize several different scenarios around growth and expansion initiatives or opportunities
Develops performance and productivity dashboards, models or analyses
Determines profitability and pricing on product offerings and develops performance indicators to enable the analysis of business segments and new product lines
Conducts research on different strategic initiatives
Acts as liaison to other departments, vendors, and other external parties to complete assignments
Adheres to University and unit-level policies and procedures and safeguards University assets
Prepares and coordinates documentation of financial analysis projects such as budgets, forecasts, projections, expense performance, and presentations
Identifies trends and developments in competitive environments and presents findings
Provides analytical support for forward-looking financial or business-related projects
Performs financial forecasting and reconciliation of accounts
Designs and builds various models that summarize several different scenarios around growth and expansion initiatives or opportunities
Collaborate with the Central Finance (UMMG or MSOM) team in resolving matters relating to budget reconciliation
Collaborate with the relationship leader to address discrepancies and variances within department’s P&L
Prepare and present the annual operating budget
Monitor and control operational costs, identify cost-saving opportunities, and implement efficiency improvements
Participate in strategic planning initiatives, providing financial insights and projections to support growth, development, and potential practice acquisitions
Develop financial reports for clinic operations analysis and strategic growth feasibility
Maintain effective communication with internal and external stakeholders
Review and approve purchase orders, work orders, check requisitions, and consulting agreements
Assign Costing Allocations for all new and replacement positions, one-time payments, etc
Perform monthly financial analysis for assigned Divisions/Practices to assure accuracy of all accounts and determine the cause of any significant variances from the budget, report these variances to required stakeholders, and provide suggestions for correcting these variances
Prepare Journal Entries and Payroll Accounting adjustments as needed
Collaborate with the Central Finance team for the submission of monthly accruals as needed
Prepare monthly inter-departmental transfers for operating expenses
Assesses and identifies revenue opportunities and develops plans of action for improvement
Analyzes, facilitates, and executes maintenance of contracts for outside clinical services
Track expenses and revenues vs. budget and forecast and analyze fluctuations
Assist in the budget & forecast process
Evaluate profit and cost efficiencies in various areas of the organization as needed
Actively participates in the completion of the annual cost report
Other duties as assigned
Qualification
Required
Bachelor's degree in relevant field
Minimum 5 years of relevant experience
Benefits
Medical
Dental
Tuition remission
And more
Company
University of Miami
At UM you'll join a diverse and energized academic community.
H1B Sponsorship
University of Miami has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (208)
2024 (151)
2023 (149)
2022 (121)
2021 (95)
2020 (114)
Funding
Current Stage
Late StageLeadership Team
Recent News
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