Financial Analyst II

OpeningFull Time 40 hours Range URG 110 Lab Admin-Clin Labs SMHResponsibilitiesPosition Summary:UR Medicine Labs is the largest medical lab in Western New York, performing over 10 million patient tests per year. We are currently looking for a Financial Analyst II to join our department’s finance team. Under general direction from the Pathology and Lab Medicine Finance Director, and with latitude for independent judgment and initiative, provides quantitative and qualitative analysis of current and proposed business operations, along with ongoing review and analysis of financial performance for a large and complex department. Is able to analyze complex data and make independent assessments. Works collaboratively with departmental leadership and staff to support business operations.Specific Responsibilities:UR Medicine Labs is the largest medical lab in Western New York, performing over 10 million patient tests per year. We are currently looking for a Financial Analyst II to join our department’s finance team. Under general direction from the Pathology and Lab Medicine Finance Director, and with latitude for independent judgment and initiative, provides quantitative and qualitative analysis of current and proposed business operations, along with ongoing review and analysis of financial performance for a large and complex department. Is able to analyze complex data and make independent assessments. Works collaboratively with departmental leadership and staff to support business operations.40% Financial Analysis and ResearchSupport the budgeting process through analytical assessments that estimate the financial impact of operational changes such as:• New/replacement items purchased related to clinical testing• Price changes due to new contracts, annual CPI increases, and/or GPO tier changes• Margin enhancement/business improvement plan developmentAnalyzes and interprets data, statistics and financial information and identifies significant differences in relationships among sources of information.25% Data Presentation• Compiles and/or prepares reports, graphs and charts of data analyzed.• Makes presentations on areas of research or analysis.• Prepares conclusions, forecasts and makes recommendations based on research.15% Special Projects• As assigned, assumes responsibilities for special projects involving financial planning and analysis.• Establishes time tables and activity plans for assigned projects and coordinates the efforts of team members.15% Purchasing and Finance System Support• Utilizes Workday P2P to place orders for Faculty and lab areas in need of assistance.• Answers questions and acts as a resource for departmental staff relating to Workday P2P.• Stays informed of system changes and upgrades as they relate to financial management and adapts new developments into planning, control and analytical processes.5% Team Communication/Participation• Attends team meetings and provides updates.• Initiates corrective action when finding errors and/or inconsistencies in data. Consults with and/or refers matter to supervisor when error trends indicate a system or procedural issue.• Recommends improvements, adaptation, and changes in policy and procedures.• Assists in the development and/or modification of Finance policies and procedures.• Acts as backup for other team members’ responsibilities.• Other duties as needed.Requirements:• Bachelor's degree and 2-4 years of experience in the analysis and dissemination of information.• Strong interpersonal skills and effective communication skills, written and oral.• Experience in healthcare analytics, utilizing advanced Excel, SQL, and/or Tableau helpful, but not required.• Demonstrates ICARE values.• For more on the ICARE values go to: http://intranet.urmc-sh.rochester.edu/patient-experience/patient-centered-care/icare-values.aspThe University of Rochester is committed to fostering, cultivating, and preserving a culture of equity, diversity, and inclusion to advance the University’s mission to Learn, Discover, Heal, Create – and Make the World Ever Better. In support of our values and those of our society, the University is committed to not discriminating on the basis of age, color, disability, ethnicity, gender identity or expression, genetic information, marital status, military/veteran status, national origin, race, religion/creed, sex, sexual orientation, citizenship status, or any other status protected by law. This commitment extends to the administration of our policies, admissions, employment, access, and recruitment of candidates from underrepresented populations, veterans, and persons with disabilities consistent with these values and government contractor Affirmative Action obligations.How To ApplyAll applicants must apply online.EOE Minorities/Females/Protected Veterans/DisabledPay RangePay Range: $60,431 - 84,603 AnnuallyThe referenced pay range represents the minimum and maximum compensation for this job. Individual annual salaries/hourly rates will be set within the job’s compensation range, and will be determined by considering factors including, but not limited to, market data, education, experience, qualifications, expertise of the individual, and internal equity considerations.