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Associate Financial Analyst - Internal Medicine,…
- MD Anderson Cancer Center (Houston, TX)
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The primary purpose of the Associate Financial Analyst position is to apply professional accounting principles and techniques and coordinate accounting/financial business analysis and reporting for the Division of Internal Medicine (DoIM). This position is responsible for operational efficiency, business effectiveness and compliance of the broad spectrum of clinical and research components within the DoIM.
The ideal candidate for the Associate Financial Analyst position is a detail-oriented and motivated professional with a solid foundation in accounting principles and financial analysis. They possess strong analytical skills and the ability to interpret and present financial data accurately. This individual is proficient in preparing reports, monitoring budgets, and ensuring compliance with institutional financial controls.
Thrives in a collaborative environment, working closely with department administrators, clinical directors, and faculty to support budgeting, forecasting, and reconciliation processes. They demonstrate excellent communication skills, can present financial information clearly, and are proactive in identifying trends and resolving discrepancies. A commitment to accuracy, operational efficiency, and supporting both clinical and research components within the Division of Internal Medicine is essential for success in this role.
The successful candidate will demonstrate the ability to produce, interpret, and analyze financial reports, including income statements, statements of operations, and budget variance analyses. This position follows a hybrid work model, requiring onsite presence during the initial orientation and training period. After acclimation, onsite attendance may be required on a quarterly basis.
*MD Anderson offers our employees:*
- Paid employee medical benefits (zero premium) starting on first day for employees who work 30 or more hours per week
- Group Dental, Vision, Life, AD&D and Disability coverage
- Paid time off (PTO) and Extended Illness Bank (EIB) paid leave accruals
- Paid institutional holidays, wellness leave, childcare leave and other paid leave programs
- Tuition Assistance Program after six months of service
- Teachers Retirement System defined-benefit pension plan and two voluntary retirement plans
- Employer paid life, AD&D and an illness-related reduced salary pay program
- Health Savings Account and Dependent Care Reimbursement flexible spending accounts
- Fertility benefits
- State of Texas longevity pay
- Extensive wellness, recognition, fitness, employee health programs and employee resource groups
*JOB SPECIFIC COMPETENCIES*
Financial Review and Analysis Financial Review and Analysis
Assists in developing, implementing, and monitoring processes to ensure that all Division of Internal Medicine revenue and expenses are captured appropriately and ensure sufficient documentation exists to support the transactions.
Research documentation issues to provide recommendations for accurate document compliance guidelines as appropriate.
Assists in the coordination of annual preparation and submission of fiscal budgets under Division of Internal Medicine and coordinates with all the departments and sections to prepare for budget supporting data and documentation. Collaborates with the Department Administrators, Clinical Administrative Directors, and all pertinent faculty and staff to review prior year expenses, revenue projections, budget revisions, etc. and to assist with developing the budget. Assists with projections for revenue and expenses by utilizing and analyzing departmental, divisional, and institutional data.
Financial Reporting Activities
Prepares the monthly financial reports. Produces chart and graphs information based on data extracted from institution financial systems.
Assists with a quality review of selected financial reports before they are disseminated.
Presents to and trains Department Chairs and Department Administrators, faculty members and mid-level providers, and department personnel on financial reporting activities.
Maintains up-to-date data and information for Divisional reports and provider productivity.
Assists in identifying trends and shifts in billing and expense practices and researches/reports to leadership as appropriate.
Financial Reconciliation for Financial Controls
Prepares weekly and monthly financial monitoring and reconciliation reporting in compliance with financial controls requirements.
Assists with a quality review of selected financial reports before they are disseminated. With direction and oversight, initiates contact with departmental representatives, other agencies or personnel to resolve problems or questions regarding accounting/finance related data items.
Prepares departmental responses for institutional reports detailing variances and opportunities.
Other duties as assigned
*EDUCATION*
* Required: Bachelor's Degree Business Administration or related business specialty.
*WORK EXPERIENCE*
* Required: None
* May substitute Bachelor's education degree with additional years of equivalent experience on a one to one basis.
The University of Texas MD Anderson Cancer Center offers excellent [benefits](https://www.utsystem.edu/offices/employee-benefits/insurance-0/eligibility), including medical, dental, [paid time off](https://www.mdanderson.org/about-md-anderson/employee-resources/leave.html), [retirement](https://www.utsystem.edu/offices/employee-benefits/ut-retirement-program/voluntary-retirement-programs), tuition benefits, educational opportunities, and individual and team recognition.
This position may be responsible for maintaining the security and integrity of critical infrastructure, as defined in Section 113.001(2) of the Texas Business and Commerce Code and therefore may require routine reviews and screening. The ability to satisfy and maintain all requirements necessary to ensure the continued security and integrity of such infrastructure is a condition of hire and continued employment.
It is the policy of The University of Texas MD Anderson Cancer Center to provide equal employment opportunity without regard to race, color, religion, age, national origin, sex, gender, sexual orientation, gender identity/expression, disability, protected veteran status, genetic information, or any other basis protected by institutional policy or by federal, state, or local laws unless such distinction is required by law.[http://www.mdanderson.org/about-us/legal-and-policy/legal-statements/eeo-affirmative-action.html](http://www.mdanderson.org/about-us/legal-and-policy/legal-statements/eeo-affirmative-action.html)
Additional Information
* Requisition ID: 178101
* Employment Status: Full-Time
* Employee Status: Regular
* Work Week: Days
* Minimum Salary: US Dollar (USD) 60,500
* Midpoint Salary: US Dollar (USD) 75,500
* Maximum Salary : US Dollar (USD) 90,500
* FLSA: non-exempt and eligible for overtime pay
* Fund Type: Hard
* Work Location: Hybrid Onsite/Remote
* Pivotal Position: No
* Referral Bonus Available?: No
* Relocation Assistance Available?: No
\#LI-Hybrid
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