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Senior Financial Analyst

How to Apply

A cover letter and resume are important submissions for the hiring team to get a sense of your experience. In the cover letter, in one page or less, please let us know how this role aligns with your career aspirations and skills. Submit both a cover letter and resume as one file.

Competitive salary available based on qualifications, experience and education of the selected candidate.

Job Summary

Information and Technology Services (ITS) is seeking a detail-oriented, self-motivated Senior Financial Analyst to join our Finance team. If you have a sharp analytical mindset and a passion for uncovering insights through numbers, we want to hear from you.

In this role, you'll analyze financial data and reports, compare results against budgets, and offer strategic recommendations to enhance ITS Recharge Rates. You'll support key decision-making by producing accurate forecasts, tracking monthly service costs, identifying opportunities for process improvement, and conducting audits to help manage rate expenditures and understand the true cost of ITS service activities.

We're looking for someone who thrives in a collaborative environment, contributes to a positive team culture, and delivers exceptional customer service.

This position reports directly to the Director of Finance and Human Resources.

Who We Are

ITS supports U-M faculty, researchers, staff, and students in their use of technology to teach, learn, research, and work, and be leaders in their fields. We are dedicated to creating cohesive digital experiences and enabling university wide innovations by:

Elevating the customer experience by providing proactive, laser focused customer service

Providing appropriate IT security and privacy in an open university society, while enabling innovation

+ Supporting data-informed decision making

+ Delivering intuitive research computing solutions

+ Building a world-class, transformational network and reliable administrative systems

In addition, we value those that proactively solve challenges, work with a sense of urgency, and seek a collaborative and inclusive work environment.

Our mission is to be trusted enablers of technology for the U-M community. To learn more, visit: https://its.umich.edu.

Responsibilities*

+ Be the key resource and provide analytical support for Auxiliary Recharge Rates for ITS services.

+ Prepare financial reports, attend departmental meetings to provide feedback, and train staff in rate management.

+ Track budgets, support strategic planning, and analyze cost variances to recommend rate compliance.

+ Monitor business transactions for accuracy and perform variance analysis, investigating and resolving discrepancies.

+ Partner with departmental management and service owners to enhance operational understanding and offer financial guidance.

+ Ensure compliance with policies and procedures; analyze and report on financial performance.

+ Review monthly financial transactions, initiate corrections, and ensure proper financial controls.

+ Develop business cases for financial requests or service improvements, outlining recommendations and action plans.

+ Demonstrate problem-solving, accountability, and strong communication skills; assist with or lead projects and create ad hoc reports as needed.

+ Contribute to strategic planning, coordinate team priorities, and support organizational goals through effective leadership and collaboration.

Required Qualifications*

+ A Bachelor's degree in business administration, finance or related field with thorough understanding of accounting and financial principles.

+ Five (5) or more years of progressive experience as an accountant, financial or business analyst, budgeting, forecasting and financial analysis, including some experience with fund accounting or related experience.

+ Strong interpersonal skills including the ability to effectively communicate and work with a variety of individuals and units.

+ Strong verbal and written communication skills.

+ Proficiency with word processing, financial spreadsheets, and collaboration applications.

+ Deliver great customer service.

+ Adapt to rapidly changing work assignments and priorities.

+ Demonstrated experience/ability to:

+ Develop complex financial models and analyze complex data.

+ Interpret financial data and provide solutions.

+ Communicate sensitive financial data and complex issues to a varied audience through advanced writing skills and/or clearly developed presentations skills - including preparation of business cases and proposals.

Desired Qualifications*

+ Understanding of ERP systems including the ability to retrieve required data using data warehouse query tools.

+ Experience in a higher education business setting, particularly knowledge of University of Michigan policies and systems.

+ Knowledge ofAuxiliary Fund accounting principles,

+ Familiarity with Federal A-21 requirements.

Modes of Work

Positions that are eligible for hybrid or mobile/remote work mode are at the discretion of the hiring department. Work agreements are reviewed annually at a minimum and are subject to change at any time, and for any reason, throughout the course of employment. Learn more about thework modes (https://hr.umich.edu/working-u-m/my-employment/ways-we-work-resource-center/ways-we-work-implementation-group/modes-work) .

Underfill Statement

UM- ITS welcomes a healthy applicant pool so we encourage all interested applicants to apply. This position may be underfilled at a lower classification depending on the qualifications of the selected candidate.

Additional Information

Benefits at the University of Michigan

In addition to a career filled with purpose and opportunity, The University of Michigan offers a comprehensive benefits package to help you stay well, protect yourself and your family and plan for a secure future. Benefits include:

+ Generous time off

+ A retirement plan that provides two-for-one matching contributions with immediate vesting

+ Many choices for comprehensive health insurance

+ Life insurance

+ Long-term disability coverage

+ Flexible spending accounts for healthcare and dependent care expenses

+ Dental and Vision Insurance

+ Parental and Maternity Leave

Application Deadline

Job openings are posted for at least seven calendar days. The review and selection process may begin as early as the eighth day after posting. This opening may be removed from posting boards and filled anytime after the minimum posting period has ended. Job openings are posted for at least seven calendar days. The review and selection process may begin as early as the eighth day after posting. This opening may be removed from posting boards and filled anytime after the minimum posting period has ended.

U-M EEO Statement

The University of Michigan is an equal employment opportunity employer.

Job Detail

Job Opening ID

268659

Working Title

Senior Financial Analyst

Job Title

Financial or Bus Analyst Sr

Work Location

Ann Arbor Campus

Ann Arbor, MI

Modes of Work

Hybrid

Full/Part Time

Full-Time

Regular/Temporary

Regular

FLSA Status

Exempt

Organizational Group

Its Admin

Department

ITS Admin Finance

Posting Begin/End Date

9/15/2025 - 10/06/2025

Salary

$80,000.00 - $95,000.00

Career Interest

Finance