Financial Analyst 3

University of Miami - Miami, FL

Full-time - Mid Level

Miami, FL

Educational Services

About the position

The University of Miami is seeking a Senior Financial Analyst to support the Division of Pulmonary, Critical Care, & Sleep Medicine (PCCSM) within the Department of Medicine. This role involves examining the financial status of the organization, developing projections, reports, and presentations to assist senior management in financial decision-making. The analyst will also establish and enforce policies and procedures to meet the department's financial goals, providing comprehensive financial analysis and administrative support.

Responsibilities

• Develops, prepares and coordinates documentation of financial analysis projects such as budgets, forecasts, projections, expense performance, and presentations.
• Identifies trends and developments in competitive environments and makes recommendations to senior management.
• Creates and maintains MOUs.
• Maintains costing allocations and submits PAAs for funding changes.
• Provides analytical evaluation for forward-looking financial or business-related projects.
• Devises financial forecasting and reconciliation of accounts.
• Reviews reports and ensures that financial information has been recorded accurately.
• Compares results with plans and forecasts and makes recommendations for adjustments.
• Trains and oversees junior staff members to ensure accuracy and efficiency in end work product.
• Assists in the development and organization of department and project budgets.
• Designs and builds various models that summarize several different scenarios around growth and expansion initiatives or opportunities.
• Develops performance and productivity dashboards, models or analyses.
• Determines profitability and pricing on product offerings and develops performance indicators to enable the analysis of business segments and new product lines.
• Conducts research on different strategic initiatives.
• Acts as liaison to other departments, vendors, and other external parties to complete assignments.
• Adheres to University and unit-level policies and procedures and safeguards University assets.

Requirements

• Bachelor's degree in relevant field.
• Minimum 3 years of relevant experience.
• Skill in collecting, organizing, and analyzing data.
• Ability to recognize, analyze, and solve a variety of problems.
• Ability to exercise sound judgment in making critical decisions.

Benefits

• Health insurance
• Dental insurance
• Tuition remission