Financial Analyst

UI Health Care's Finance and Accounting team has an opportunity for a Financial Analyst 

supports UI Health Care’s general ledger management, financial reporting, and accounting processes by ensuring financial accuracy, compliance, and efficiency across the organization. Working under the direction of the Manager of Accounting & Financial Analysis, this position assists with journal entry preparation, account reconciliations, financial analysis, and financial reporting system maintenance.

This role requires a strong foundation in accounting principles, financial systems, and data analysis while providing technical support for campus users on financial reporting applications and accounting best practices. The analyst plays a key role in month-end and year-end financial close activities, assist with budget vs. actual variance analyses, and contribute to the preparation of financial statements and external reporting processes.

The ideal candidate will be detail-oriented, eager to learn, and highly collaborative-someone who is excited to develop their technical accounting, analytical, and financial reporting skills within a complex academic medical center. 

Hybrid within Iowa: Following an onsite training period, this position is eligible for a combination of on-campus and remote work. Remote work must be performed 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

Position Responsibilities:

General Ledger Management & Financial Systems Oversight:

·       Assist with journal entry preparation, general ledger maintenance, and financial system updates under the guidance of the Manager of Accounting & Financial Analysis.

·       Review and validate general ledger account setups to ensure compliance with institutional financial policies and U.S. GAAP.

·       Assist in the review and approval of financial reporting system access requests, working with leadership to maintain appropriate internal controls and segregation of duties.

·       Provide technical assistance to campus users on financial reporting applications and accounting procedures.

·       Help identify opportunities to improve financial reporting tools and workflow processes, collaborating with IT and business services teams.

Financial Reporting: Month-End Close:

• Support the month-end close process, ensuring accurate financial reporting by preparing journal entries, reviewing non-personnel expenses, and assisting with accruals.
• Assist in the preparation of financial reports, dashboards, and executive summaries by gathering and organizing financial data.
• Analyze budget vs. actual variances for key operational and financial performance indicators, identifying trends and discrepancies for management review.
• Work closely with senior financial analysts and leadership to ensure timely and accurate financial reporting.

Training, Education, & Day-to-Day Financial Oversight

·       Respond to inquiries from campus stakeholders, providing guidance on financial reporting tools and accounting best practices.

·       Support training initiatives by helping develop onboarding materials and documentation for financial processes.

·       Assist in the maintenance and management of shared financial reporting email communications, directing requests to appropriate team members.

·       Work with senior analysts and leadership to identify process improvements and contribute to financial system enhancements.

Year-End Close, Financial Statement Preparation, & External Financial Reporting Processes:

·       Assist in the year-end close process by supporting account reconciliations, preparing financial statement schedules, and assisting with financial statement preparation.

·       Help prepare audit workpapers and supporting documentation for external and state auditors.

·       Assist in gathering financial data for rating agency surveys, regulatory filings, and government compliance reports.