Strategic Contract & Financial Compliance Analyst

UMC Health System; Richmond (VA); On-site; USD 70,000 - 100,000; Full time

Job summary

UMC Health System is seeking a Contract & Financial Compliance Analyst to oversee the Master Coordinating Agreement with TTUHSC. The role ensures contractual compliance, accurate billing, and sound financial analysis, acting as a liaison between Accounting, Legal, and TTUHSC.

Responsibilities include reviewing contracts, validating invoices, tracking milestones, and preparing analyses for leadership, with a focus on accuracy, GAAP compliance, and audit readiness.

Qualifications

• Bachelor’s degree in Accounting, Finance, Business, or related field required
• CPA or progress toward CPA preferred
• Minimum of 3–5 years of experience in accounting, financial analysis, or contract management

Responsibilities

• Review and interpret the Master Coordinating Agreement and all associated contracts, amendments, and exhibits.
• Maintain a detailed understanding of contract terms, including payment structures, deliverables, and expiration dates.
• Track key contract milestones, renewal timelines, and termination provisions.
• Partner with the Legal Department on contract interpretation, updates, and compliance matters.
• Serve as the central point of accountability for contract-related quality assurance.
• Receive and review invoices from TTUHSC for accuracy and completeness.
• Compare invoices against contract terms to ensure correct billing rates, services, and timing.
• Validate that all required supporting documentation is submitted and aligns with contractual requirements.
• Investigate and resolve discrepancies in collaboration with TTUHSC and internal stakeholders.
• Ensure all expected invoices are received timely and tracked appropriately.
• Apply accounting knowledge to determine proper treatment of payments, including expenses vs accruals and timing of bonuses or incentives.
• Work closely with Accounts Payable and General Ledger teams to ensure accurate financial reporting.
• Support audit requests by maintaining organized, complete documentation for all contract activity.
• Perform ongoing month-over-month analysis of contract activity and prepare quarterly analyses.
• Conduct annual reviews comparing budgeted vs actual expenditures and contract performance by agreement and provider.
• Provide clear, concise reporting to leadership with actionable insights and recommendations.

Skills

Contract interpretation

Financial analysis

GAAP knowledge

Cross-functional collaboration

Attention to detail

Education

Bachelor's degree in Accounting, Finance, Business

CPA progress toward CPA

Tools

Workday

Excel

Job description

UMC Health System is seeking a Contract & Financial Compliance Analyst to oversee the Master Coordinating Agreement with TTUHSC. The role ensures contractual compliance, accurate billing, and sound financial analysis, acting as a liaison between Accounting, Legal, and TTUHSC.

Responsibilities include reviewing contracts, validating invoices, tracking milestones, and preparing analyses for leadership, with a focus on accuracy, GAAP compliance, and audit readiness.