University of Colorado Anschutz Medical Campus

Department: School of Medicine – Department of Medicine

Job Title: Open Rank Finance & Accounting Professional (Senior – Principal)

Position #: 00840829 – Requisition #:38026

Job Summary:

The Finance & Accounting Professional provides critical financial support to the Department of Medicine finance team and will report directly to the Finance Program Manager. This position will be responsible for preparing departmental budgets, monitoring and correcting actual expenses, and addressing budget variances, recurring financial reporting for the Department and Divisions, monitoring and reconciling all departmental financial transactions, and reviewing and approving divisional transactions. This position serves as a resource for all divisions within the Department of Medicine.

Key Responsibilities:

• Monitor and reconcile divisional financial transactions, report financials to the division administrator and division head.

• Ensure divisional financial commitments are appropriately funded and not overspent.

• Serve as a financial resource to faculty, providing support as needed.

• Take corrective action on deficits or accounting errors in accordance with University and Departmental policies. 

• Prepare monthly divisional fund financial statements and submit contracts as needed.

• Monitor and update monthly funding distributions for faculty and staff within the division.

• Produce ad hoc financial reports, including CU Medicine operating, enrichment, and contract roll-up reports.

• Review monthly financial reports and prepare necessary journal entries (JEs), budget journal entries (BJEs), cash transfers, and Payroll Expense Transfers (PETs).

• Calculate, validate, and submit compensation items such as incentives, on-call pay, differential pay, and additional procedure pay.

• Conduct reconciliations and submit Defacto and Axiom budgets and reports for assigned programs.

Work Location:

Hybrid – this role is eligible for a hybrid schedule of 3-4 days per week on campus and as needed for in-person meetings.

Why Join Us:

The Department of Medicine at the University of Colorado Anschutz Medical Campus is the largest clinical department in the School of Medicine. With more than 1,000 faculty, 192 residents, and 200 fellows distributed in 14 divisions, our clinical, research, and academic programs attract the best providers, investigators, staff, and students from around the world who are transforming the future of health care.  In addition to our exemplary performance, we continue to have strong standings in national rankings in all our academic missions. Our Department Chairperson remains committed to evolving the Department and meeting the ever-changing needs of healthcare and our patients.

Why work for the University?

We have AMAZING benefits and offer exceptional amounts of holiday, vacation, and sick leave! The University of Colorado offers an excellent benefits p