Senior Financial Analyst - Urology

• Review totals, prepare monthly & yearly reports, accruals, salary & fringe predictions for quarterly and yearly budgets. Monthly monitoring and validation of general ledger and all entries.
• Monitor and reconcile account expenditures, irregularities, answer inquiries regarding usage and status of accounts; advise in usage and status of account; provide recommendations and implement corrective action.
• Set up and monitor salary splits for the department over all MFKs.
• Develops forecasting reports for monitoring and trending of data related to all areas of urology for budgeting purposes.
• Obtain, facilitate, and manage contracts internally and externally from UI Health Care.
• Reconciles bank deposits.
• Understands risk points and works to minimize.
• Develop overall understanding of accounting structure and ensure reimbursement is being received appropriately.
• Research and follow up with payers as appropriate/needed when remits or reimbursements are not as expected.
• Work with financial team to balance accounts, set up accruals, close out accounts, review malpractice reports, work on departmental budgets, forecasts and analyze data as requested.
• Review and analyze Funds Flow monthly and prepare entries to have funds deployed to proper MFKs.
• CCOM commitments & purchased services evaluated and tracked.
• Assist with analysis of payments, payer mix, and other data as determined.
• Review data on a pre-defined basis for analysis and sharing with leadership team.
• Prepares dashboards related to different areas (overall, area specific, specialty) of urology practice.
• Provide analytical support, including design, implementation, coordination, and data querying to support financial improvements.
• Prepare forecasts for Administrator, as requested, for numerous reports from expenses, salaries, VA commitments, monthly departmental snapshots and comparison to prior years.
• Assist with the development of financial proformas for financial planning.
• Through data analysis, identify opportunities for business improvements.
• Liason with the University of Iowa Foundation and review spending and money transfers as needed.
• Point person for Department of Urology and between University and outside entities.
• Set up bill areas for new providers, entering effort into METS and generating reports & reviewing each provider.
• Analyzing areas that can be streamlined and implementing efficiencies.
• Correcting accounts with JE and or WebCV, payCV and requesting corrections from other depts as needed.
• Process transactions/payments as appropriate in ProTrav system.
• Answer questions & resolve account discrepancies with budgeting, salaries, new hires, MFKs, remaining balances & assets in clinic.
• Approval officer for the departmental transactions in workflow.
• Training/guiding new employees in the department on monthly & yearly tasks.
• Teach new employee to review statements, TDRS, pCards, allotments, travel & purchasing policies.
• Review work for accuracy and making changes as needed.
• Work with HR to align salaries between the UI and VA surgeons.
• Assisting within our new team with HR questions, MFK questions, travel, purchasing & troubleshooting where needed.
• Development of project plans and workflows.

• Bachelor’s degree in business administration, Finance and Accounting or related field, or an equivalent combination of education and experience
• Minimum 3 years accounting, auditing, cost accounting, budget and/or financial analysis experience is required.
• Excellent written and verbal communication skills are required.
• Experience gathering information from multiple data sources understanding the context and demonstrating detailed analytical skills with the ability to turn raw data into actionable information.
• Proficiency in computer software applications, including Microsoft Excel, Access, Word and Outlook.

• Experience working in a large academic medical center.
• Knowledge of University accounting policy, procedure and systems.
• Knowledge of accounting and budgeting tools including: Peoplesoft, StrataJazz, GL Reporter, and UI Electronic Financial Reports (EFR)

• Resume

• Cover Letter

• Classification Title: Senior Financial Analyst
• Appointment Type: Professional and Scientific
• Schedule: Full-time
• Work Modality Options: Hybrid within Iowa

• Pay Level: 4B

• Organization: Healthcare
• Contact Name: Sandy Moenk
• Contact Email: sandy-moenk@uiowa.edu

University of Iowa