Senior Financial Analyst - Pediatrics

University of Iowa

Iowa City (IA)

Remote

USD 70,000 - 100,000

Full time

16 hours ago

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Job summary

University of Iowa in Iowa City seeks a Senior Financial Analyst to support the Stead Family Department of Pediatrics with budget development, reporting, and financial planning. You will oversee monthly accounting, variance analysis, and pro forma modeling for strategic initiatives, using Power BI and SQL to deliver actionable insights.

Requires a blend of finance, accounting, and healthcare analytics experience, with strong Excel and BI skills.

Qualifications

Bachelor's degree in Finance, Accounting, Business Administration, Healthcare Administration, or related field.
Minimum 4 years of progressively responsible experience in finance, accounting, or healthcare analytics.
Experience preparing and analyzing financial, statistical, and operational reports.
Advanced Microsoft Excel skills with pivot tables and data analysis.
Experience developing reports and dashboards using Power BI or similar tools.
Working knowledge of SQL or similar query languages.

Responsibilities

Assist with Operating Budget development, submission and implementation.
Oversee monthly accounting, workflow, reporting, variance analysis and reconciliation processes.
Perform financial analysis and develop proformas for strategic initiatives.
Create and disseminate incentive plan reports; track RVUs and penalties.
Update monthly faculty funding reports and respond to ad hoc requests.
Develop dashboards and reports to support leadership decision-making.
Provide training and guidance on financial controls and processes.

Skills

Analytical skills

Communication skills

Excel (advanced)

Power BI

SQL

Education

Bachelor's degree in Finance/Accounting/Business

Tools

Epic

Data Warehouse

Decision Support Systems

Job description

Within the Stead Family Department of Pediatrics, assist with Operating Budget development, submission and implementation. Oversee monthly accounting, workflow, reporting, variance analysis and reconciliation processes. Perform financial analysis and develop proforma for business and strategic initiatives.

This position is eligible for remote work within Iowa and will require a work arrangement form to be completed upon the start of your employment. Per policy, work arrangements will be reviewed annually and must comply with the remote work program and related policies and employee travel policy when working at a remote location.

Financial Oversight, Reporting & Analysis

Incentive Plan Administration

Create, validate, and disseminate incentive plan reports.
Track RVUs across providers.
Calculate and track penalties including Charge Lag, Documentation Deficiency, Bumped Clinic, Compliance, and DRG (CDI) Queries.

Reporting & Financial Tracking

Update the monthly faculty funding report.
Respond to ad hoc report requests from providers and executive leadership.
Assist the Finance Manager with annual budget preparation and salary posting.
Complete required reconciliations and reporting activities in accordance with established procedures.
Assess variance reports on revenue, expense, and other statistical measures. Prepare highly specialized reports as requested.

Financial Analysis and Planning

Perform complex financial, operational, and statistical analyses utilizing financial, clinical, and decision support systems.
Utilize decision support and data warehouse systems to develop pro formas and business analyses supporting operational and strategic initiatives.

Program Financial Oversight & Reconciliation

Maintain and update the Formula Orders Spreadsheet, including pricing and documentation accuracy. Serve as the primary contact for PCD/PFS questions related to metabolic formula processes and Charity Care considerations.
Manage new bill area setup, provider/APP bill area requests, and Allowed Services reviews.

AAAP Survey & Benchmark Administration

Manage the department's AAAP survey and benchmarking process end-to-end — completing routine and ad-hoc AAAP surveys, downloading and verifying the annual AAAP benchmark data, and analyzing results to inform faculty compensation and departmental benchmarking decisions.
Refresh the faculty salary setting file against benchmark data.

Data Analytics and Performance Reporting

Develop, maintain, and analyze operational and financial dashboards and reports utilizing Power BI, Excel, and other reporting tools to support departmental leadership decision-making.
Generate routine and ad hoc reports to support departmental leadership decision making.
Track and report key performance indicators, including:
Revenue and collections
Work RVUs (wRVUs)
Patient volumes
Clinic utilization
Patient satisfaction metrics
Access and scheduling indicators
Inpatient volumes
Average daily census (ADC)
Faculty and provider productivity
Identify trends, risks, and opportunities through data analysis and benchmarking.
Present findings and recommendations to departmental leadership and committee groups.

Leadership and Training

Deliver best-practice training to others.
Recommend and assist in developing training solutions to increase accuracy, efficiency, and effectiveness of financial transactions.
Advise leadership within the department on appropriate financial controls, transactions, and accounting processes.
May provide functional and/or administrative supervision (direction, assignments, feedback, coaching, and counseling) to assure outcomes are achieved.

Strategic Planning

Assist in coordination/preparation of analysis for strategic plans in support of DEO/administrator.
Support development and preparation of the department business plan.

Educational Requirements

Bachelor's degree in Finance, Accounting, Business Administration, Healthcare Administration, Data Analytics, Management Information Systems, or an equivalent combination of education and experience.

Experience Requirements

Minimum of 4 years of progressively responsible experience in finance, accounting, business analysis, healthcare analytics, or a related field.
Experience preparing and analyzing financial, statistical, and operational reports.
Demonstrated proficiency with Microsoft Excel, including advanced functions, pivot tables, and data analysis.
Experience developing reports and dashboards using Power BI or similar business intelligence tools.
Working knowledge of SQL or similar query languages to extract and manipulate data.
Strong analytical and problem-solving skills with the ability to identify trends, variances, and opportunities.
Demonstrated excellent verbal and written communication and interpersonal skills.

Desired Qualifications

Experience in academic medicine, healthcare finance, physician practice management, or hospital operations.
Experience using Epic, decision support, data warehouse, and healthcare reporting systems.
Experience developing and maintaining Power BI dashboards for executive leadership.
Experience with budgeting, forecasting, reconciliations, and variance analysis.

Job openings are posted for a minimum of 7 calendar days and may be removed from posting and filled any time after the original posting period has ended.

Successful candidates will be required to self-disclose any conviction history and will be subject to a criminal background check and credential/education verification. Up to 5 professional references will be requested at a later step in the recruitment process.

For additional questions, please contact pedsuichildrenshr@healthcare.uiowa.edu

This position is not eligible for University sponsorship for employment authorization.

Additional Information