Financial Analyst ; H

Current Employees:

If you are a current Staff, Faculty or Temporary employee at the University of Miami, please  to log in to Workday to use the internal application process. To learn how to apply for a faculty or staff position, please review this tip sheet .CORE JOB SUMMARY: The Financial Analyst 3 examines financial status of the organization by collecting, monitoring, and studying data, and develops projections, reports, and presentations to assist senior managing staff in their financial decision-making process.

Moreover, the incumbent establishes and enforces policies and procedures that further department’s financial goals and objectives.

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

This list of duties and responsibilities is not intended to be all-inclusive and may be expanded to include other duties or responsibilities as necessary.

CORE QUALIFICATIONS

Education:

Bachelor’s degree in relevant field required

Certification and Licensing:

Not Applicable

Experience:

Minimum 5 years of relevant experience required

Knowledge, Skills and Attitudes:

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.

DEPARTMENT SPECIFIC JOB FUNCTIONS Provides comprehensive financial analysis and management reporting to departmental leadership, including budget monitoring, financial projections, expense performance, variance analysis, and recommendations to support informed decision-making.

Coordinates departmental operating budget activities, including annual budget development, amendments, monthly financial reconciliations, forecasting, month-end closing activities, and identification of deviations from established financial targets.

Performs departmental revenue cycle reconciliations, including review of professional charges, collections, adjustments, denials, outstanding accounts receivable, and reimbursement trends. Investigates discrepancies and coordinates resolution with institutional revenue cycle partners.

Reviews CPT coding and charge capture data to identify missing or potentially inaccurate charges, documentation discrepancies, potential revenue leakage, and reimbursement variances. Collaborates with physicians, certified coding professionals, and billing teams to facilitate appropriate review and correction.

Reconciles clinical encounters, procedural activity, physician documentation, and billing data to monitor charge capture completeness, accuracy, and timeliness across departmental practice locations.

Develops and maintains physician productivity reports incorporating clinical encounters, procedural volumes, charges, collections, and other relevant financial and operational performance indicators.

Develops financial and operational dashboards to monitor departmental performance, including encounter trends, procedural volumes, physician productivity, revenue cycle indicators, clinical utilization, and operational efficiency.

Performs financial feasibility studies, cost-benefit analyses, and return-on-investment assessments to support new clinical…