How to Apply

A cover letter is required for consideration for this position and should be attached as the first page of your resume. The cover letter should address your specific interest in the position and outline skills and experience that directly relate to this position.

Job Summary

The Department of OBGYN is seeking an experienced financial analyst to work with administrative, clinical, research, and financial data sets, to support business operations, strategic initiatives, and department leadership. This position will perform current state assessments to determine department financial health, compensation and incentive programs, faculty activity, contracts (internal and external), and workforce planning. Additionally, this position will forecast revenue, expense, and clinical/research activity to inform future financial health. This position will report to the Finance Manager, and the primary customers will be the Chair, Chief Department Administrator, Associate Chairs, and Division Directors.

We are looking for a candidate who thrives in a team environment, enjoys working closely with faculty, takes initiative, solves problems and excels at financial tracking. Ability to meet deadlines and efficiently multitask is a must.

Mission Statement

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.

Responsibilities*

Prepare reports, presentations and correspondence related to financial project work, analyses, faculty productivity and departmental performance assessment.
Participate in multidisciplinary teams evaluating strategic, operational and financial aspects of the academic enterprise.
Work with complex data sets, synthesizing and summarizing results to allow for the identification of key issues, decision-making criteria, and the determination of strategies by senior leadership.
Design, develop, and recommend new approaches, processes, methodologies and tools for data-driven decision-making and planning.
Identification of reports and analyses that can be produced and accessed more broadly through Tableau or other reporting software, which will provide real-time access to data and information.
Participate in special projects to improve reporting, analysis, and internal processes to achieve productivity improvements and customer service delivery.
Participate in budget and forecast development for the Department of OBGYN.
Facilitate exceptional customer service delivery to departmental and leadership contacts.
Query and summarize output from data sources such as Data Warehouse, Revenue Cycle, Practice Management, Finance BI, etc.
Analytical review of monthly income statement and balance sheet by fund.
Perform variance analyses of key income statement and balance sheet anomalies, with an understanding of the relationship between operational activity and financial results.
Monitor/reconcile Department accounts and initiate appropriate corrections. Report balances to Chair/Division Directors/CDA.
Assist in Michigan Medicine's annual Internal Controls sub-certification process.
Oversee PSA (Professional Service Agreement) invoicing and reconciling.
Tracking and analysis of PSA and MOU Patient Care effort for annual reconciliations and reporting.
Chrome River Approvals for spending on Departmental sources.
Mentor Financial Specialist in data analysis and reporting.

Required Qualifications*

Bachelor's degree or an equivalent combination of work experience
Ability to build client relationships, function as a member of a team and demonstrate initiative
Proven experience in financial reporting and management
Ability to adapt knowledge, learn quickly, and handle multiple work streams simultaneously
Ability to assess competing priorities, manage workflow and meet operational deadlines
Demonstrated competency with Excel (can perform complex functions) and database software to perform financial reporting and management.
Strong communication skills (both oral and written), attention to detail, and the ability to analyze large amounts of complex information to present simple and concise material to the appropriate audience

Senior:

5-8 years of experience with an emphasis in either accounting or finance.

Intermediate:

3-5 years of experience with an emphasis in either accounting or finance.

Desired Qualifications*

Master's degree in business administration or equivalent
Experience in healthcare, higher education and/or academic medical center setting
Advanced analytical, modeling, and data visualization skills within Tableau
Experience in Business Objects, PeopleSoft, Oracle, Tableau, TOAD and/or Hyperion
Experience working across multiple functions (finance, IT, HR, Student, Research, etc.) and demonstrated success in quickly developing appropriate domain knowledge from each to support more robust solutions
Ability to complete complex analytical, consultative and information support through analysis and report preparation
Detailed knowledge of University financial processes

Work Locations

This position may be eligible for remote and/or flexible work opportunities at the discretion of the hiring department. Flexible work agreements are reviewed annually and are subject to change dependent on the business needs of the hiring department, throughout the course of employment.

Modes of Work

Positions that are eligible for hybrid or mobile/remote work mode are at the discretion of the hiring department. Work agreements are reviewed annually at a minimum and are subject to change at any time, and for any reason, throughout the course of employment. Learn more about the work modes.

Underfill Statement

This position may be underfilled at a lower classification depending on the qualifications of the selected candidate.

Background Screening

Michigan Medicine conducts background screening and pre-employment drug testing on job candidates upon acceptance of a contingent job offer and may use a third party administrator to conduct background screenings. Background screenings are performed in compliance with the Fair Credit Report Act. Pre-employment drug testing applies to all selected candidates, including new or additional faculty and staff appointments, as well as transfers from other U-M campuses.

Application Deadline

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.

U-M EEO/AA Statement

The University of Michigan is an equal opportunity/affirmative action employer.