Job Summary

The Financial Analyst will work closely with all areas of the Internal Medicine Department. Our team supports 13 divisions as well as the Chief Administrative Officer and Department Chair.

We handle the financial reporting and forecasting for a department of approximately 900 faculty that significantly contribute to the tripartite mission. We work closely with Departmental and Michigan Medicine financial teams to provide decision support, forecasting, and various analysis throughout the year.

Ideal candidates are adaptable and willing to take on a broad variety of additional tasks to improve operational efficiency, make or prepare presentations to internal groups, and other duties as assigned, functioning with a high degree of independence to deliver projects in a timely and effective manner.

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.

Why Join Michigan Medicine?

Michigan Medicine is one of the largest health care complexes in the world and has been the site of many groundbreaking medical and technological advancements since the opening of the U-M Medical School in 1850. Michigan Medicine is comprised of over 30,000 employees and our vision is to attract, inspire, and develop outstanding people in medicine, sciences, and healthcare to become one of the world's most distinguished academic health systems.  In some way, great or small, every person here helps to advance this world-class institution. Work at Michigan Medicine and become a victor for the greater good.

What Benefits can you Look Forward to?

• Excellent medical, dental and vision coverage effective on your very first day
• 2:1 Match on retirement savings

Responsibilities*

• Financial lead for three divisions, providing the following services:
  • Assist in the calculation of the annual budget and mid-year forecasts.
  • Audit yearly Internal Controls processes/procedures.
  • Monthly financial variance reporting.
  • Prepare ROI?s.
  • Enter Capital Equipment into Procurement website.
  • Aid/provide guidance for ad-hoc questions. 
• Prepare Monthly Hospital Financials, Professional Revenue (RVU) Report, PASS Report, and Chair Flash Report.
• Process Moving Expense Reimbursements.
• Post journal entries for various awards, faculty compensation, and intra-department transfers.
• Participating in special projects to improve reporting, analysis, and internal processes.

Required Qualifications*

Senior Level: 

• Bachelors degree with a focus in Accounting or Finance.
• Minimum 5-8 years of financial experience.
• Excellent knowledge of the Microsoft Office Suite applications.
• Excellent interpersonal, organizational, and writing skills.
• Ability to work as a member of a team as well as independently.
• Strong ability to balance multiple projects and meet deadlines.

Intermediate Level:

• Bachelors degree with a focus in Accounting or Finance.
• Minimum 2-5 years of financial experience.
• Excellent knowledge of the Microsoft Office Suite applications.
• Excellent interpersonal, organizational, and writing skills.
• Ability to work as a member of a team as well as independently.
• Strong ability to balance multiple projects and meet deadlines.

Desired Qualifications*

• Knowledge of University of Michigan systems and processes.
• Financial experience in a healthcare setting.

Work Schedule

The work schedule will be primarily remote but will have times when on-site work and meetings will be required.

When in the office, the primary location will be Dominos Farms with infrequent meetings at offsite Michigan Medicine locations.

Candidates must reside in the state of Michigan for on-site availability.

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.