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Financial Analyst Intermediate/Senior
- University of Michigan (Ann Arbor, MI)
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Financial Analyst Intermediate/Senior
Job Summary
The Pharmacy Services Department is seeking an experienced business professional to support the Pharmacy Department. This position reports to the Finance Manager of Pharmacy Administration. This position will be instrumental in developing processes, maintaining financial reporting, and creating controls around a growing field in Pharmacy and Finance.
Mission Statement
The University of Michigan Health System improves the health of patients, populations and communities through excellence in education, patient care, community service, research and technology development, and through leadership activities in Michigan, nationally and internationally. Our mission is guided by our Strategic Principles and has three critical components; patient care, education and research that together enhance our contribution to society.
Why Join Michigan Medicine?
Michigan Medicine is one of the largest health care complexes in the world and has been the site of many groundbreaking medical and technological advancements since the opening of the U-M Medical School in 1850. Michigan Medicine is comprised of over 30,000 employees and our vision is to attract, inspire, and develop outstanding people in medicine, sciences, and healthcare to become one of the world’s most distinguished academic health systems. In some way, great or small, every person here helps to advance this world-class institution. Work at Michigan Medicine and become a victor for the greater good.
What Benefits can you Look Forward to?
+ Excellent medical, dental and vision coverage effective on your very first day
+ 2:1 Match on retirement savings
Responsibilities*
+ Monthly variance analysis of budget to actual financial results
+ Month-End Journal Entry responsibilities
+ Updateandcreatemonthlyfinancialreports,includinggraphs,charts,andotheradhocreportsetc.
+ Create annual budget for various areas in Pharmacy
+ MonitoractivityinvariousPharmacyareas,developandmaintainreportsasneeded
+ CommunicateactivityandfinancialstatusestoappropriateareasthroughoutMichiganMedicine & Pharmacy Leadership
+ Scheduledandadhocreportsfordruglevelanalysisofmedicationpurchases
+ BackupsupportforotherFinancialAnalystsindepartmentsthatsupportvariousPharmacyareas
+ ReviewsandprovidesmetricsforinternalcontrolreportingforPharmacyServices
+ InteractwithSegmentLeadership,ordesignateddepartmentleadstodevelopprocessesand stay up to date on patient population and new drugs on the horizon
+ FollowworkflowstailoredtoeachHigh-Costdrugand/oradministrativearea.Theseworkflows will ensure appropriate controls to monitor financial activity and mitigate losses
+ Leadthe capitalprocessforPharmacyDepartment
+ Otheranalysisandduties asassignedbytheFinanceManagerand/ortheFinancialDirectorfor the Pharmacy Department
Additional** **Skills** **&** **Abilities
+ Abilitytocommunicateclearly,bothverbalandwrittentointernalandexternalconstituents and apply a high degree ofanalytical, interpretive and evaluative skills dealing with complex concepts, projects, etc.
+ Solid knowledge,understanding,andexperienceinbusiness,financeoraccounting
+ Must beself-motivatedwithanabilitytoworkwellwithteams
+ Musthaveeffectiveorganizationalskillsandflexibilityto meetdeadlines
+ Strongproblem-solvingabilities,attentiontodetail,andabilitytomultitask
+ Experiencewithanalyzingandreportingdatatoidentifyissues,trends,orexceptionstodrive improvement of results and find solutions
+ Strongpresentation,analyticaltechniques,andcomputerskills,includingproficiencywithMSOffice
Required Qualifications*
Senior:
+ Bachelor's degree in a related field
+ 5-8 years of experience in finance, accounting, audit and/or compliance, preferably in a University or Health Care environment
+ Experience with spreadsheet applications and analyzing and reporting data to identify issues, trends, or exceptions to drive improvement of results and find solutions
Intermediate:
+ Bachelor's degree in a related field
+ 2-5 years of experience in finance, accounting, audit and/or compliance, preferably in a University or Health Care environment
+ Experience with spreadsheet applications and analyzing and reporting data to identify issues, trends, or exceptions to drive improvement of results and find solutions
Desired Qualifications*
+ Business, Accounting or Finance degree is preferred
+ Experience working within Pharmacy is desirable, but not required
+ Experience with MPathways,Hyperion,FinanceBI,andBusinessObjectsfinancialsoftwaresystems
Work Locations
This position is eligible for remote and/or flexible work opportunities at the discretion of the hiring department. Flexible work agreements are reviewed annually and are subject to change dependent on the business needs of the hiring department, throughout the course of employment. This position is a hybrid position. Office is located in Dexter, Michigan.
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
This position may be underfilled at a lower classification depending on the qualifications of the selected candidate.
Background Screening
University of Michigan Health System conducts background screening and pre-employment drug testing on job candidates upon acceptance of a contingent job offer and may use a third party administrator to conduct background screenings. Background screenings are performed in compliance with the Fair Credit Report Act.
Application Deadline
Job openings are posted for a minimum of seven calendar days. This job may be removed from posting boards and filled any time 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
268857
Working Title
Financial Analyst Intermediate/Senior
Job Title
Financial or Bus Analyst Sr
Work Location
Michigan Medicine - Ann Arbor
Ann Arbor, MI
Modes of Work
Hybrid
Full/Part Time
Full-Time
Regular/Temporary
Regular
FLSA Status
Exempt
Organizational Group
Um Hospital
Department
MM Pharmacy Administration
Posting Begin/End Date
9/19/2025 - 10/10/2025
Career Interest
Finance
Patient Care Services
Pharmacy
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