University of Miami · 3 days ago
Financial Analyst 3
Miami, FL
Full-time
Onsite
Senior Level
5+ years expThe 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 and reports, and assist senior management in financial decision-making processes.
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
Provide financial support for clinical divisions including Digestive Health, Rheumatology, and Nephrology
Review and analyze monthly financial statements, identify variances, and take corrective actions
Review and analyze monthly labor distribution reports, identify discrepancies in personnel allocations, collaborate with key stakeholders, and take corrective actions
Assist with developing and analyzing fiscal budget projections for the divisions supported by gathering historical financial data, forecasting revenues and expenses, collaborating with stakeholders, and preparing clear budget models and presentations to support strategic decision-making
Prepare and submit accrual templates, expense reports, and supporting documentation for year-end close activities
Manage divisional budget, ensuring expenses are within 5% of plan and maximizing revenue
Oversee monthly reconciliation of accounts, including IDC, Observership, and Gift and Endowment accounts
Prepare and submit manual journal entries, payroll adjustments, and cost allocations as needed
Complete the CART-O file’s effort allocation section each month by systematically comparing the Labor Distribution Report with the Effort Distribution Report for each provider, identifying and documenting any variances, and providing explanatory comments to ensure accurate personnel effort tracking and compliance
Model financial projections using historical data (wRVUs, charges, collections, encounters) from previous faculty and export relevant data from Power BI and UHealth Encounters
Partner with division administrators and team members to prepare, finalize, and submit PSGC pro-forma documents for new hires and replacements, ensuring all financial and recruitment documentation is accurately uploaded and tracked for compliance
Utilize Power BI dashboards to monitor and analyze clinical revenue productivity at the provider level, tracking key financial metrics such as charges, payments, and work Relative Value Units (wRVUs)
Collaborate with research teams to manage clinical trial revenue, expenses, and invoicing; regularly review and reconcile unallocated efforts on default accounts with team members to ensure accurate financial tracking, compliance with grant guidelines, and timely resolution of discrepancies
Coordinate with accounting, division administrators, and research teams to resolve financial issues
Prepare and share financial summaries, action items, and variance explanations with stakeholders
Participate in committee meetings, health check meetings, and ongoing process reviews
Attend relevant conferences and division/department meetings (e.g., SODA, Research Day)
Complete mandatory compliance and professional development training (e.g., UHealth Compliance, Copilot Training)
Qualification
Required
Bachelor's degree in relevant field
Minimum 5 years of relevant experience
Skill in collecting, organizing, and analyzing data
Ability to recognize, analyze, and solve a variety of problems
Ability to exercise sound judgment in making critical decisions
Benefits
Medical
Dental
Tuition remission
And more
Company
University of Miami
At UM you'll join a diverse and energized academic community.
5001-10000 employees
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
Albertie Regalado
'Canes Science Bowl — Co-Founder and Co-President
Mark McPheron, FALU, CLU, FLMI
Co-Founder and Past President, and current member, University of Miami Cincinnati 'Canes Community
Recent News
Seattle TechFlash
2023-11-22
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