Senior Financial Analyst

This position has responsibility for performing a broad range of complex accounting functions, budget preparations and negotiations, and financial analysis within the UI Heart and Vascular Center (HVC). This position will utilize clinical service data to lead preparation and negotiations for center-wide budget development, provide high-level support to clinical managers to review financial variances, and report on volumes, budget performance, and financial trends to HVC leadership.

Additionally, this position will be responsible for managing center-wide FTE requests to ensure they are aligned with the budget, oversee contracts, invoices, and procurement requests with UI Purchasing & Supply Chain, and review and approve HVC Transfer Disbursement Requests (TDRs).

This position requires a high level of collaboration, attention to detail, accuracy, and independent judgement.

• Monitor and reconcile departmental financial activity, including review of general ledger transactions, account balances, expenditures, and accruals; investigate irregularities, respond to inquiries, and implement corrective actions as needed.

• Prepare monthly and annual financial reports, including salary and fringe projections, budget forecasts, and variance analyses to support quarterly and annual budget planning.

• Develop financial forecasts, reports, and dashboards to monitor and trend financial performance across all areas of HVC.

• Analyze financial and operational data (e.g., payer mix, payments, historical trends) and provide insights and recommendations to departmental leadership.

• Manage FTE requests and monitor salary distributions across departmental MFKs to ensure alignment with approved budgets.

• Assist in the development of financial proformas and other financial planning tools to support strategic initiatives.

• Coordinate procurement activities including contracts, invoices, and purchasing requests in collaboration with UI Purchasing & Supply Chain.

• Review and approve departmental financial transactions including Transfer Disbursement Requests (TDRs) and other workflow approvals.

• Review and analyze Funds Flow data and prepare entries to ensure appropriate allocation of funds across MFKs.

• Collaborate with the financial team to balance accounts, close out accounts, and support departmental budgeting and forecasting processes.

• Provide training and guidance to departmental staff regarding financial processes, budgets, purchasing, travel, and MFK usage.

• Serve as a resource to department staff by answering questions and resolving issues related to budgets, salaries, accounts, and financial processes.

• Perform other duties as assigned.

Experience Requirements

• Bachelor’s degree in Business Administration or Accounting or an equivalent combination of education and experience.

• 1 to 3 years of accounting and/or financial experience.

• General knowledge of accounting practices.

• Excellent written verbal and interpersonal communication skills.

• Experience managing multiple deadlines and strong attention to detail.

• Demonstrated proficiency in computer software applications, including Microsoft Word, Excel, and various databases.

• Demonstrated problem-solving and teamwork skills.

Desired Qualifications

• Experience with financial contracts and budget preparations.

• Experience with account reconciliation.

• Knowledge of University of Iowa business policies, procedures, and regulations.

• Experience with University of Iowa accounting, budgeting, and financial systems including: Peoplesoft, StrataJazz, GL Reporter, and Electronic Financial Reports (EFR)

In order to be considered for an interview, applicants must upload the following documents and mark them as a “Relevant File” to the submission:

• Resume
• Cover Letter

Job openings are posted for a minimum of 7 calendar days and may be removed from posting and filled any time after the original posting period has ended.

Successful candidates will be required to self-disclose any conviction history and will be subject to a criminal background check and credential/education verification. Up to 3 professional references will be requested at a later step in the recruitment process.

This position is not eligible for University sponsorship for employment authorization.

For additional questions, please contact Lauren Schmidt lauren.schmidt@uiowa.edu