Michigan Medicine Finance is seeking a financial analyst to join the Clinical Financial Planning and Analysis (CFPA) team. The Clinical Financial Planning and Analysis team plays a key role in helping leadership make data-driven strategic decisions by evaluating strategic, operational, and financial aspects of the clinical enterprise. The primary customers for this role include University of Michigan Health (UMH) financial and operational leaders, as well as the individual departments within UMH.
Is This Job Right for You? Do you enjoy working with large data sets to solve problems and aid in decision-making? Do you have a natural curiosity for investigation, and the ability to translate analyses findings into actionable information? Do you like working collaboratively with other teams to solve complex problems? Are you able to function independently, and require minimal day-to-day supervision to deliver projects in a timely and effective manner? Partner with finance and operational leaders to provide financial analysis support including budget development, variance analysis, monthly reporting, business planning, costing, performance measurement, and proforma modeling. Design, develop and recommend new approaches, methodologies and tools for data-driven decision-making and planning. Participate in multidisciplinary teams evaluating strategic, operational, and financial aspects of the clinical enterprise Perform business case analysis, including the creation of financial models and analysis of business trends to support growth opportunities Participate in special projects to improve reporting, analysis, and internal processes to achieve productivity improvements and customer service delivery Prepare and communicate monthly financial and operational reports/results to departments and stakeholders Prepare ad hoc analyses and other duties as assigned In order to be considered for this position the applicant must have met or will have met all the required qualifications prior to the start date of employment. A Bachelor's degree or higher, preferably in Business, Economics, Finance, Health Administration, or a related field 5-8 years of professional experience Familiarity with data modeling, and other analytical tools/techniques surrounding business and financial analytics. Problem solving capabilities including root cause analysis, process comprehension, development of alternative solutions, and recommended course of action Financial systems acumen, including considerable experience with Microsoft products (Excel, PowerPoint, Word, Outlook) Ability to assess competing priorities, manage workflow and meet operational deadlines with minimal supervision Demonstrated understanding of basic financial acumen. Including knowledge of financial statements and financial metrics. Oracle, Hyperion, or PeopleSoft experience Experience with data querying tools, or experience working with relational databases Ability to translate analyses into actionable information for decision making Strong communication skills - both oral and written. Ability to analyze large amounts of complex information to present simple and concise material to the appropriate audience Experience in a healthcare, higher education and/or academic medical center setting desired. NOTE: Please include a cover letter that addresses how your experience meets the job requirements. In order to transmit the cover letter, it should be included as a page of your resume.
The University of Michigan conducts background checks on all job candidates upon acceptance of a contingent offer and may use a third party administrator to conduct background checks. Background checks are performed in compliance with the Fair Credit Reporting Act.
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.
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.
The University of Michigan is an equal opportunity/affirmative action employer.
About University of Michigan - Ann Arbor
A great university is made so by its faculty and staff, and Michigan is recognized as one of the best universities to work for in the country. The Michigan culture is known for engaging faculty and staff in all facets of the university to create a workplace that is vibrant and stimulating.For two consecutive years, the Chronicle of Higher Education has placed U-M in its "Great Colleges to Work For" survey. In particular, the university earns high marks for strong relations between faculty and administrators, a collaborative system of governance, strong pay and benefits, and a healthy work/life balance.
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