The University of Texas Medical Branch is seeking a Senior Financial Analyst to perform complex financial analysis and provide supervisory guidance within the Medical Branch's fiscal group. The role involves preparing financial reports, assisting with audits, and analyzing variances to support financial decision-making.
Responsibilities:
- To perform complex financial analysis and to provide supervisory guidance in a fiscal group of the Medical Branch
- Health System Accounting provides financial accounting, analysis, and reporting services for UTMB Hospitals and Clinics, UTMB Academic Enterprise related to the Practice Plan net patient care revenue, and UTMB HealthCare Systems
- Our accounting functions include preparing and posting entries for month-end close, reviewing financial data, assisting with audit requests, and supporting UTMB departments regarding financial data requests and questions concerning financial statements
- Analysis also includes variance explanations between actual and budget and prior periods, volume, and rate variances, assisting with the annual budget process, and other analyses as requested
- Our reporting function includes preparation and review of various internal and external financial reports, including coordinating and completing health system-related surveys
- May function as a team lead to coordinate, prepare, and analyze complex financial and operational reports, financial statements, scorecards, metrics, benchmarks, budgets, and financial forecasts
- Performs advanced analysis of historical and projected financial and operational data to provide leadership information to make relevant financial decisions
- Coordinates the preparation of information to support developing trends that will inform forecasts and management decision-making
- Identify and utilize technology and tools such as Datamart or Power BI to query and extract data for both scheduled and ad-hoc reports, ensuring timely analysis and delivery of insights
- Analyze and research data discrepancies by coordinating with relevant teams to ensure consistency and alignment
- Assess existing business processes, workflows, and systems to identify bottlenecks, inefficiencies, and areas for improvement
- Developing recommendations and implementing changes to optimize processes and enhance the member experience
- Performs quality assurance functions of financial data and statistical information
- Serves as a mentor to other Financial Analysts
- Remains current with and progressively learns industry trends, analytical techniques, and appropriate financial systems necessary to complete essential job functions
- Adheres to internal controls and reporting structure
- Performs related duties as assigned
Requirements:
- Bachelor's degree in Finance/Accounting or equivalent in a related field
- Four (4) years of related experience in a financial or related field
- Experience in Health Systems and Academic Medicine is desirable
- CPA and/or MBA
- Experience with Power BI, PeopleSoft FMS, Epic Billing, and/or Hyperion