NOTE: A cover letter is required for consideration for this position and should be attached as the first page of your resume. The cover letter should address your specific interest in the position and outline skills and experience that directly relate to this position.

Summary

Are you an up-and-coming financial analyst who’s got a knack for Excel and a passion for budgets? If you have at least 2 years of finance or accounting experience and are looking for a role that’s as rewarding as it is challenging, we’re looking for you! Join our dynamic team, where you can sharpen your analytical skills and grow professionally in an environment that values mentorship and personal development. So, if you're interested in making a real impact while climbing the career ladder, let’s turn those spreadsheets into steppingstones together at Michigan Medicine!

Is This Job Right for You? This might be the job for you if you…

• Want to work in a collaborative environment and understand the value in being part of a strong, cross-functional team.
• Are able to analyze financial and operational trends and identify financial results that do not meet expectations.
• Enjoy presenting information to groups ranging in size and level of financial acumen.
• Have a natural curiosity for investigation of financial variances and the ability to translate their analyses into actionable information for decision making at all levels within the organization.
• Are able to function independently and require minimal day-to-day supervision to deliver projects in a timely and effective manner.

What perks or benefits does Michigan Medicine have to offer?

· Excellent medical, dental, and vision coverage

· 2:1 match on retirement savings

· Generous paid time off benefits

· Continued education allowance

· Teaching and mentorship opportunities

· Hybrid, remote, and in-person work environments

Job Responsibilities include:

· Participate in monthly closing process, including creating and posting journal entries to the general ledger.

· Review of monthly income statement and balance sheet by entity.

· Perform variance analysis of key income statement and balance sheet anomalies, with an understanding of the relationship between operational activity and financial results.

· Compile financial presentations for various leadership groups.

· Reconcile various general ledger accounts.

· Assist in preparation of audited annual report. Interface with external auditors regarding annual report and year end closing processes.

· Participate in budget development for Michigan Medicine’s Shared Service organizations.

· Participate in various strategic financial planning and financial modeling and forecasting activities for the organization.

· Prepare ad hoc financial analyses and other duties as assigned.

Knowledge, Skills, and Experience:

· Bachelor’s degree, preferably in Business Administration with emphasis in accounting and/or finance.

· Technical accounting capability with knowledge of generally accepted accounting principles.

· 2 years of financial reporting experience, either management internal reporting or external financial reporting.

· Financial systems acumen, including considerable experience with Microsoft Excel (Pivot tables, VLookups, etc.) and PowerPoint as tools for advanced analytics and communication.

· Prior experience analyzing / understanding financial variances of actual vs. planned amounts.

· Problem solving capabilities including root cause analysis, process comprehension, development of alternative solutions, and recommended course of action.

· Strong communication skills – both oral and written.

· Ability to analyze large amounts of complex information to present simple and concise material to the appropriate audience.

· Ability to assess competing priorities, manage workflow and meet operational deadlines.

· Experience in preparing annual / quarterly reports for shareholders or bondholders, including footnote disclosures and management discussion and analysis commentary.

· PeopleSoft / Oracle / Hyperion financial software experience.

Additional Information

The mission of Michigan Medicine is to improve 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. With annual revenues of over $6.0 billion, Michigan Medicine ranks as one of the top academic health centers in the country, and is committed to providing exceptional patient care, facilitating groundbreaking research and developing the next generation of physicians and scientists. Michigan Medicine consists of the University of Michigan Hospitals, the University of Michigan Medical School and its Medical Group, Michigan Health Corporation, and affiliated health systems.

Michigan Medicine Finance serves as the central finance group for the organization and is comprised of five functional areas: Clinical Financial Planning & Analysis, Enterprise Financial Reporting, Reimbursement, Medical School Finance, and Financial Systems.

The Enterprise Financial Reporting group plays a key role in reporting the financial status for Michigan Medicine as well as analyzing variances and operating performance trends. The primary customers for this role include Michigan Medicine operational and financial leadership, University Central Finance, as well as departments within the organization.

Background Screening

Michigan Medicine 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 Reporting 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/AA Statement

The University of Michigan is an equal opportunity/affirmative action employer.

Job Types: Full-time, Part-time

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Paid time off
• Vision insurance

Physical setting:

• Office

Schedule:

• Monday to Friday

Ability to Commute:

• Ann Arbor, MI (Preferred)

Work Location: In person