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University of Utah Financial Business Analyst in Salt Lake City, Utah

Details

Open Date 03/21/2024

Requisition Number PRN38126B

Job Title Financial Analyst

Working Title Financial Business Analyst

Job Grade E

FLSA Code Administrative

Patient Sensitive Job Code? No

Standard Hours per Week 40

Full Time or Part Time? Full Time

Shift Day

Work Schedule Summary

Monday – Friday 8:00-5:00

Some additional days/time may be required

VP Area U of U Health - Academics

Department 00220 - Anesthesiology - Operations

Location Campus

City Salt Lake City, UT

Type of Recruitment External Posting

Pay Rate Range 47,000 to 70,000

Close Date

Open Until Filled Yes

Job Summary

Prepares financial management reports; Participates in month-end, quarter-end and year-end accounting book closing duties; Conducts special accounting and finance projects; Provides financial analysis and financial forecasting to all levels of management.

Responsibilities

This job description is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to the job.

  1. Prepares and interprets management information and other financial reports.

  2. Analyzes financial documents, statistical data, historical data and presents to and interprets for management.

  3. Significant efforts in preparation and analysis of financial data, and reporting of financial operational information to various stakeholders across the organization.

  4. Participates in the establishment and maintenance of accounting processes.

  5. Audits accounting information, reconciles data, and resolves problems or recommends solutions when appropriate.

  6. Analyzes trends and possible outcomes.

  7. Recommends and implements improvements that affect accounting processes and departmental operations.

  8. Designs forms, tables, graphs and charts for summarizing financial information.

  9. Assists with the month-end financial management process, including but not limited to journal entry processing, reconciliations and reporting.

  10. May prepare and monitor departmental budgets.

  11. May provide training on financial issues or procedures or provide guidance to more junior staff.

Problem Solving

The Financial Analyst has the authority to independently determine the type and nature of analysis to be used to obtain the desired information or results, including data to be collected, analysis methods, presentation, format and report structure.

Representative challenges of this position include organizing and prioritizing multiple projects, determining the best course of action or appropriate resources needed to complete a project or address a problem, obtaining valid data and creating clear and understandable reports that reflect the data being sought.

The Financial Analyst must correctly interpret regulations to ensure the Department & the University are in compliance with Federal, State and other requirements.

Work Environment and Level of Frequency typically required

Nearly Continuously: Office environment.

Physical Requirements and Level of Frequency that may be required

Nearly Continuously: Sitting, hearing, listening, talking.

Often: Repetitive hand motion (such as typing), walking.

Seldom: Bending, reaching overhead.

Minimum Qualifications

Bachelor’s degree in Business, Accounting, Healthcare Administration, or a related field or equivalency (one year of education can be substituted for two years of related work experience); plus two years of related experience. Also required are a thorough knowledge of established accounting principles and practices; spreadsheet and database skills; knowledge of statistics and demonstrated analytical, problem solving, human relation and effective communication skills required.

An advanced degree, such as a Master’s of Business Administration, is preferred. Certain positions may require familiarity with hospital billing systems, Medicare and insurance reimbursement regulations, etc.

Applicants must demonstrate the potential ability to perform the essential functions of the job as outlined in the position description.

Preferences

Bachelor’s degree in Business, Accounting, Finance, Healthcare Administration, or a related field and an advanced degree, such as a Master’s of Business Administration is preferred.

Type Benefited Staff

Special Instructions Summary

Additional Information

The University is a participating employer with Utah Retirement Systems (“URS”). Eligible new hires with prior URS service, may elect to enroll in URS if they make the election before they become eligible for retirement (usually the first day of work). Contact Human Resources at (801) 581-7447 for information. Individuals who previously retired and are receiving monthly retirement benefits from URS are subject to URS’ post-retirement rules and restrictions. Please contact Utah Retirement Systems at (801) 366-7770 or (800) 695-4877 or University Human Resource Management at (801) 581-7447 if you have questions regarding the post-retirement rules.

This position may require the successful completion of a criminal background check and/or drug screen.

The University of Utah values candidates who have experience working in settings with students and patients from all backgrounds and possess a strong commitment to improving access to higher education and quality healthcare for historically underrepresented students and patients.

All qualified individuals are strongly encouraged to apply. Veterans’ preference is extended to qualified applicants, upon request and consistent with University policy and Utah state law. Upon request, reasonable accommodations in the application process will be provided to individuals with disabilities.

The University of Utah is an Affirmative Action/Equal Opportunity employer and does not discriminate based upon race, ethnicity, color, religion, national origin, age, disability, sex, sexual orientation, gender, gender identity, gender expression, pregnancy, pregnancy-related conditions, genetic information, or protected veteran’s status. The University does not discriminate on the basis of sex in the education program or activity that it operates, as required by Title IX and 34 CFR part 106. The requirement not to discriminate in education programs or activities extends to admission and employment. Inquiries about the application of Title IX and its regulations may be referred to the Title IX Coordinator, to the Department of Education, Office for Civil Rights, or both.

To request a reasonable accommodation for a disability or if you or someone you know has experienced discrimination or sexual misconduct including sexual harassment, you may contact the Director/Title IX Coordinator in the Office of Equal Opportunity and Affirmative Action ( OEO /AA). More information, including the Director/Title IX Coordinator’s office address, electronic mail address, and telephone number can be located at: https://www.utah.edu/nondiscrimination/

Online reports may be submitted at oeo.utah.edu

https://safety.utah.edu/safetyreport This report includes statistics about criminal offenses, hate crimes, arrests and referrals for disciplinary action, and Violence Against Women Act offenses. They also provide information about safety and security-related services offered by the University of Utah. A paper copy can be obtained by request at the Department of Public Safety located at 1658 East 500 South.

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