Sr Financial Analyst

As a community, the University of Rochester is defined by a deep commitment to Meliora - Ever Better. Embedded in that ideal are the values we share: equity, leadership, integrity, openness, respect, and accountability. Together, we will set the highest standards for how we treat each other to ensure our community is welcoming to all and is a place where all can thrive.

Job Location (Full Address):

220 Hutchison Rd, Rochester, New York, United States of America, 14620

Opening:

Worker Subtype:

Regular

Time Type:

Full time

Scheduled Weekly Hours:

40

Department:

100130 Office of Budgets and Planning

Work Shift:

Range:

UR URG 112

Compensation Range:

$70,197.00 - $105,295.00

The referenced pay range represents the minimum and maximum compensation for this job. Individual annual salaries/hourly rates will be set within the job's compensation range, and will be determined by considering factors including, but not limited to, market data, education, experience, qualifications, expertise of the individual, and internal equity considerations.

Responsibilities:

Designs, develops and enhances current financial management systems. Maintains responsibility for assigned areas of hospital financial management such as internal financial reporting, classification of accounts and funds, plant ledgers and third-party reimbursement systems.

Schedule 8 AM-5 PM Responsibilities GENERAL PURPOSE: We are looking for an innovative and dynamic Senior Financial Analyst to join our Financial Planning & Analysis (FP&A) team at the University of Rochester. The University is a $7 billion enterprise and offers exceptional benefits. The Senior Financial Analyst will design, develop, and enhance financial planning processes, forecasting, management reports, and dashboards, as well as be involved in the development and implementation of university-wide performance measures. The role requires a comprehensive understanding of operating and capital budgeting and demonstrated application of financial planning methodologies such as NPV and ROI. The information produced is used to provide deep and timely insight by distilling highly complex data into concise, relevant presentations and reports for multiple audiences and users from the board, senior leaders, and throughout the organization and requires a focus on communication and timeliness. This role will be exposed to various financial operations across Higher Education, Research, and Health Care. It will also be involved with endowment financial forecasts, operating management, and capital project budgeting. All while being part of a vibrant community firmly committed to improving the lives it serves locally, nationally, and worldwide. This role would ideally suit an individual with 5 to 7 years of experience in an FP&A role with an MBA or business-related Masters┐ degree. Experience in a not-for-profit, higher education, or healthcare environment would be a plus, as is exposure to Anaplan, Axiom, or Workday. RESPONSIBILITIES: Work closely with leadership to assist with operating and capital budget planning and development as well as ongoing financial planning and analysis. Understand accounting and analytical systems, make recommendations as necessary for changes. Prepare, document, and present transformed data to provide insight and actionable information for decision-makers in a timely way. Work to continually improve these processes and adapt to changes in the operating environment and needs. Develop, prepare, review, and distribute regular financial analysis and reporting, including context and narrative on variances and trends. Maintain the integrity of the operating budget by reconciling budget change activity and highlighting the impact of changes in financial analysis. Maintain confidentiality of all pertinent information, including salary information. Support department leaders in developing creative alternatives and recommendations to improve overall institutional margin. Keeps abreast of trends related to financial management and adapts new developments into planning, control, and analytical processes. As assigned, assumes responsibility for special projects involving research, planning, and recommending changes. Assumes responsibility for the project, establishes timetables and activity plans, and coordinates the efforts of any subordinate staff. Other duties as assigned QUALIFICATIONS: Bachelor's degree in Accounting and 3-5 years of relevant experience in a health care and/or University setting; or an equivalent combination of education and experience required. MBA or Master┐s degree in Finance, Economics, Business, or Analytical field preferred. 5 to 7 years of related experience or an equivalent combination of education and exp