Senior Financial Analyst (50%)

The Department of Cardiothoracic Surgery is seeking a Senior Financial Analyst at 50% time, to lead and guide all financial management activities for the Department of Cardiothoracic Surgery in a cost-effective, efficient, and timely manner and assure responsible stewardship of the University's financial resources by establishing policies and procedures in compliance with internal and external regulations. Perform a broad range of accounting and financial analysis responsibilities to assure effective and compliant operations in the Department of Cardiothoracic Surgery. These responsibilities require a high degree of discretion and independent judgment.

Position Responsibilities

• Collect, maintain, and analyze financial data across University, UI Health Care, Carver College of Medicine platforms to prepare periodic and standardized financial reports for internal and external use.
• Develop and prepare reports that reflect activity levels with comparison to appropriate benchmarks.
• Analyze and distribute data from monthly accounting reports.
• Review budgets for all accounts in the department and check for accuracy.
• Answer questions and resolve account discrepancies both internal and external.
• Serve as a resource related to billing matters for the Department of Cardiothoracic Surgery.
• Prepare special and periodic reports as required.
• Collaborate with the DAO in the preparation of yearly budgets for the department.
• Review external funding account transactions and assist with Grant Accounting closeout/review of financial transactions.
• Provide timely reports on variances from such established budget and make recommendations to reduce unfavorable budget variances.
• Provide direction and assistance to departmental administrative staff and faculty based on the budget.
• Recommend process improvement and create innovative processes that will improve the department’s operations.
• Assist in development and maintenance of account databases and reporting.
• Assist in yearly balancing/closing of accounts by coordinating with Accounting & Financial Reporting and the College of Medicine.
• Recommend and assist in developing training solutions related to university policies.
• Contribute to implementation of policies and procedures.
• Review transactions for appropriateness of expenditures and reconcile differences with departments and sponsors
• Complete CV's for payroll and general expenses.
• Works directly with UI Center for Advancement to track accounts.
• Serves an approval officer for departmental transactions in Workflow.
• Demonstrates respect for all members of the University community in the course of performing one’s duties and in response to administrators, supervisors, coworkers, and customers.
• Represents the interests of the University and of unit leadership in the use of resources to meet service and productivity demands within unit goals and budgets; strives to promote continual process and quality improvement.
• Seeks opportunities to enhance one’s own professional knowledge, skills, and abilities as they relate to one’s current position and/or to prepare for potential future roles and overall career development.
• Other duties as assigned