Job Details

University of Michigan
  • Position Number: 1499164
  • Location: Ann Arbor, MI
  • Position Type: Business and Financial Management

Financial Analyst Sr / Inter / Assoc

Job Opening ID: 173728
Work Location: Michigan Medicine - Health Sys
Full Time/Part Time: Full-Time
Regular/Temporary: Regular
FLSA Status: Exempt
Organizational Group: Exec Vp Med Affairs
Department: UMHS Financial Srvcs
Posting Begin/End Date: 6/11/2019 7/12/2019
Paid Time Off: Yes
Career Interest: Finance

Job Summary
Why Join the University of Michigan Medical Group?

We are actively seeking a proven and experienced Financial Analyst to provide financial and analytical support to various Ambulatory Care Units (ACUs) (e.g. clinic practices) at Michigan Medicine. As a Financial Analyst, you will join the financial team supporting the medical group operations and will be responsible for a subset of ACUs. The service delivery model will involve routine interactions with ACU leaders, Michigan Medicine leadership, and central finance operations. We are in search of someone who is reliable and has the ability to successfully function with a high degree of autonomy.

In this role, you will maintain knowledge of ACU operations, conduct data analysis, and advise on the financial impact of operational decisions. You will also participate in the improvement of Medical Group operations and meeting future financial and analytical needs

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.

  • You will provide valuable financial, analytical, and ad-hoc reporting support for various Ambulatory Care Units.
  • support for various Ambulatory Care Units.
  • You will interpret financial and operational information and communicate the financial impact of operational decisions.
  • Communicate financials in a meaningful way to non-finance stakeholders (e.g. use of data visualization tools)
  • Work as a collaborative member of the UMMG Finance team
  • Review performance and financial trends and make presentations at monthly ACU leadership meetings.
  • Support unit-level financial forecasting, budgeting and analysis.

Required Qualifications*
  • Intermediate: 2-5 years of professional experience
  • Senior: 5-8 years of professional experience
  • Demonstrated proficiency in problem solving and analytical skills
  • Advanced MS-Excel skills
  • Able to work independently, while working as part of a team
  • Effective communication and presentation skills
  • Able to complete assignments with attention to detail and focus on a zero-defect work product
  • Excellent customer service orientation

Desired Qualifications*
  • We prefer two to three (2-3) years of experience in healthcare finance
  • Strong data analysis skill set
  • Experience with data base query tools (e.g Data warehouse, Tableau, etc.)
  • History of communicating/presenting financials

Work Locations
2500 Green Road

Ann Arbor, MI 48105. Travel will be required to Ambulatory Care Unit Sites.

Underfill Statement
This position may be underfilled at a lower classification depending on the qualifications of the selected candidate.

Additional Information
The mission of Michigan Medicine is to improve 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. With annual revenues of over $4 billion, Michigan Medicine ranks as one of the top academic health centers in the country, and is committed to providing exceptional patient care, facilitating groundbreaking research and developing the next generation of physicians and scientists. Michigan Medicine consists of the University of Michigan Health System (UMHS), the University of Michigan Medical School and its Medical Group, and the Michigan Health Corporation.

Michigan Medicine generates nearly $4.0 billion in annual patient care revenue from over 1,000 licensed beds and 130+ clinics. In the most recent fiscal year, patient activity totaled 46,000 inpatient discharges and almost 2 million outpatient visits. The UMHS and Medical School operate 80+ accredited GME programs which combined represents the 3rd largest program in the country based on number of residents and fellows. Michigan Medicine also receives nearly $550 million in annual research awards including several hundred projects each year in clinical and translational research.

Michigan Medicine Finance serves as the central finance group for Michigan Medicine and is comprised of seven functional areas: Medical Group Finance, Clinical Financial Planning & Analysis, Enterprise Financial Reporting & Forecasting, Academic Financial Planning & Analysis, Reimbursement, Medical School Finance, and Financial Systems.

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. This job 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.

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