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Job Description




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University of Utah Job Description


Job Title: Financial Analyst
Job Code: 0083 Grade/FLSA: E/Exempt
Updated By: Kirsten Mika - 06/01/2016 08:50:16 am

Job Summary

Prepares financial reports, conducts special projects, and provides financial analysis to all levels of management.

Qualifications

Bachelor's degree in Business, Accounting, Healthcare Administration, or a related field or equivalency; plus two years of related experience. Also required are a thorough knowledge of established accounting principles and practices; spreadsheet and database skills; knowledge of statistics and demonstrated analytical,problem solving, human relation and effective communication skills required.

An advanced degree, such as a Master's of Business Administration, is preferred. Certain positions may require familiarity with hospital billing systems, Medicare and insurance reimbursement regulations, etc.

Applicants must demonstrate the potential ability to perform the essential functions of the job as outlined in the position description.

Disclaimer

This job description has been designed to indicate the general nature and level of work performed by employees within this classification.  It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to the job.

Essential Functions

  1. Prepares and interprets management information and other financial reports.
  2. Analyzes financial documents, statistical data, historical data and presents to and interprets for management.
  3. Participates in the establishment and maintenance of cost accounting systems.
  4. Audits accounting systems, reconciles data, and resolves technical problems or recommends solutions when appropriate.
  5. Analyzes trends and possible consequences .
  6. Recommends and implements improvements that affect accounting systems and departmental operations.
  7. May prepare and monitor departmental budget.
  8. May provide training on financial issues or procedures or provide guidance to more junior staff.

Problem Solving

The Financial Analyst has the authority to independently determine the type and nature of analysis to be used to obtain the desired information or results, including data to be collected, analysis methods, presentation, format and report structure.

Representative challenges of this position include organizing and prioritizing multiple projects, determining the best course of action or appropriate resources needed to complete a project or address a problem, obtaining valid data and creating clear and understandable reports that reflect the data being sought.

The Financial Analyst must correctly interpret regulations to ensure the University is in compliance with Federal, State and other requirements.

Comments

Work Environment and Level of Frequency typically required

Nearly Continuously: Office environment.

Physical Requirements and Level of Frequency that may be required

Nearly Continuously: Sitting, hearing, listening, talking.

Often: Repetitive hand motion (such as typing), walking. 

Seldom: Bending, reaching overhead.



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