What are the responsibilities and job description for the Financial Analyst position at University of Colorado?
University of Colorado Denver | Anschutz Medical Campus
Department: Finance Office – Financial Services
Job Title: Financial Analyst
Position #:00757974– Requisition #:36361
Job Summary:
The Financial Analyst is responsible for managing day-to-day Finance Office operations related to cost study reviews of campus service centers. This role works closely with department customers, Financial Services leadership, and campus leadership to provide guidance, financial analysis, tools, and training in relation to service centers as well as other areas of financial analysis oversight. This position will develop costing models consistent with campus policies and ensure colleges and/or departments adhere to these models. The Financial Analyst will develop dashboard reports publishing service centers' basic information and billing rates on a central webpage.
Key Responsibilities
Cost Study Review and Training (50%)
The Finance Office is responsible for all University of Colorado Denver | Anschutz Medical Campus accounting and financial functions which include but are not limited to:
This role is eligible for a hybrid schedule of 1 day per week on campus and as needed for in-person meetings. This position is not eligible for 100% remote work.
Why Join Us:
This exciting opportunity gives you the chance to:
We have AMAZING benefits and offer exceptional amounts of holiday, vacation and sick leave! The University of Colorado offers an excellent benefits package including:
Diversity and Equity:
The University of Colorado Anschutz Medical Campus is committed to recruiting and supporting a diverse student body, faculty and administrative staff. The university strives to promote a culture of inclusiveness, respect, communication and understanding. We encourage applications from women, ethnically minoritized individuals, persons with disabilities, persons within the LGBTQ community and all veterans. In addition, the Anschutz Campus has also been recognized as an Age-Friendly University. The University of Colorado is committed to diversity and equality in education and employment.
Qualifications:
Minimum Qualifications:
Preferred Qualifications:
For full consideration, please submit the following document(s):
Screening of Applications Begins:
Applications will be accepted until finalists are identified, but preference will be given to complete applications received by March 21, 2025. Those who do not apply by this date may or may not be considered.
Anticipated Pay Range:
The starting salary range for this position has been established as: $62,614 - $82,270
The above hiring range represents the University’s good faith and reasonable estimate of the range of possible compensation at the time of posting.
This position may or may not be eligible for overtime compensation.
Your total compensation goes beyond the number on your paycheck. The University of Colorado provides generous leave, health plans and retirement contributions that add to your bottom line.
Total Compensation Calculator: http://www.cu.edu/node/153125
ADA Statement:
The University will provide reasonable accommodations to applicants with disabilities throughout the employment application process. To request an accommodation pursuant to the Americans with Disabilities Act, please contact the Human Resources ADA Coordinator at hr.adacoordinator@cuanschutz.edu .
Background Check Statement:
The University of Colorado Anschutz Medical Campus is dedicated to ensuring a safe and secure environment for our faculty, staff, students and visitors. To assist in achieving that goal, we conduct background investigations for all prospective employees.
Vaccination Statement:
CU Anschutz strongly encourages vaccination against the COVID-19 virus and other vaccine preventable diseases. If you work, visit, or volunteer in healthcare facilities or clinics operated by our affiliated hospital or clinical partners or by CU Anschutz, you will be required to comply with the vaccination and medical surveillance policies of the facilities or clinics where you work, visit, or volunteer, respectively. In addition, if you work in certain research areas or perform certain safety sensitive job duties, you must enroll in the occupational health medical surveillance program.
University Staff
Job Category
Finance and Accounting
Primary Location
Hybrid
Department
U0001 -- Anschutz Med Campus or Denver
Schedule
Full-time
Posting Date
Mar 4, 2025
Unposting Date
Ongoing
Posting Contact Name
Sara Kenney
Posting Contact Email
sara.kenney@cuanschutz.edu
Position Number
00757974
Department: Finance Office – Financial Services
Job Title: Financial Analyst
Position #:00757974– Requisition #:36361
Job Summary:
The Financial Analyst is responsible for managing day-to-day Finance Office operations related to cost study reviews of campus service centers. This role works closely with department customers, Financial Services leadership, and campus leadership to provide guidance, financial analysis, tools, and training in relation to service centers as well as other areas of financial analysis oversight. This position will develop costing models consistent with campus policies and ensure colleges and/or departments adhere to these models. The Financial Analyst will develop dashboard reports publishing service centers' basic information and billing rates on a central webpage.
Key Responsibilities
Cost Study Review and Training (50%)
- Review cost studies submitted from campus departments to ensure they are in line with internal service center policy, financially viable, and that allocations are done appropriately.
- Act as a main point of contact for service center helpline and field questions related to cost study of service centers.
- Assist departments in developing costing models to ensure all costs are included and assumptions on revenue validated.
- Monitor the financial activity and viability of service centers throughout the year.
- Assist with other financial analysis activities related to campus operations.
- Review campus policy related to service centers to ensure policy is compliant with federal regulations. Research other Universities’ policies to keep current with trends in higher education.
- Provide cost study training and coaching to campus department personnel.
- Responsible for independently performing analysis and recommending actions from the analysis and interpretations of data, processes and policies.
- Analyze auxiliary revenues for UBIT determination. Work with leadership on UBIT identification and tracking.
- Reconcile and analyze iLab transaction data to ensure accounting accuracy and to correct or reclassify any abnormal balances. Reconcile revenue contracts with auxiliary revenues in general ledger.
- Act as the main point of contact for setting up new service center accounts in iLab billing system and facilitate working relationship between departments and the vendor.
- Provide training, trouble shooting, and coaching for departments to process billing through iLab system.
- Monitor and analyze iLab billing system used by service centers to ensure billings are performed timely and accounting allocations are done accurately.
The Finance Office is responsible for all University of Colorado Denver | Anschutz Medical Campus accounting and financial functions which include but are not limited to:
- the maintenance of financial systems,
- reporting of financial information,
- capital construction accounting,
- reconciliations between the general ledger and related subsystems,
- accounting feed/interface with the State’s accounting system,
- providing accounting support to various campus departments,
- internal reviews,
- interpretation/compliance of state, federal, and university fiscal rules.
This role is eligible for a hybrid schedule of 1 day per week on campus and as needed for in-person meetings. This position is not eligible for 100% remote work.
Why Join Us:
This exciting opportunity gives you the chance to:
- Participate in professional development opportunities to grow your career.
- Build relationships with other departmental staff, focused on understanding needs along with opportunities for improving processes.
- Partner with other financial staff in developing key financial performance tools and share them with departmental stakeholders.
- Participate in a complex organization involving sponsored research, instruction, clinical functions.
- Become part of a department where inclusiveness and culture are valued.
- positive energy, motivation, vision, and a desire for continuous learning,
- a strategic mind-set and forward-thinking,
- a belief that strong relationships are key to success,
- a can-do attitude,
- a focus on providing solutions based on the requirements and necessary outcomes of those whom we serve.
We have AMAZING benefits and offer exceptional amounts of holiday, vacation and sick leave! The University of Colorado offers an excellent benefits package including:
- Medical: Multiple plan options
- Dental: Multiple plan options
- Additional Insurance: Disability, Life, Vision
- Retirement 401(a) Plan: Employer contributes 10% of your gross pay
- Paid Time Off: Accruals over the year
- Vacation Days: 22/year (maximum accrual 352 hours)
- Sick Days: 15/year (unlimited maximum accrual)
- Holiday Days: 10/year
- Tuition Benefit: Employees have access to this benefit on all CU campuses
- ECO Pass: Reduced rate RTD Bus and light rail service
Diversity and Equity:
The University of Colorado Anschutz Medical Campus is committed to recruiting and supporting a diverse student body, faculty and administrative staff. The university strives to promote a culture of inclusiveness, respect, communication and understanding. We encourage applications from women, ethnically minoritized individuals, persons with disabilities, persons within the LGBTQ community and all veterans. In addition, the Anschutz Campus has also been recognized as an Age-Friendly University. The University of Colorado is committed to diversity and equality in education and employment.
Qualifications:
Minimum Qualifications:
- Bachelor’s degree from an accredited institution of higher education in business administration, finance, accounting or related field. Substitution: A combination of education and related technical/paraprofessional experience may be substituted for the bachelor’s degree on a year for year basis.
- 5 years of experience working in a financial or business analysis role.
- Prior experience building sophisticated financial models used to evaluate the costing of business services.
- Progressive experience displaying quantitative information, developing costing methodologies for services, and data modeling and financial analysis.
Preferred Qualifications:
- Experience working in Higher Education
- Experience in costing services in Higher Education
- Expert Excel skills with proficiency in advanced data/financial operations.
- Ability to effectively communicate, in writing and verbally, including presentation skills.
- Ability to establish and maintain effective working relationships with employees at all levels throughout the institution.
- Outstanding customer service skills.
- Demonstrated commitment and leadership ability to advance diversity and inclusion.
- Strong analytical skills, critical thinking and analytical problem solving
- Proficient using PowerPoint to display quantitative information.
- Excellent problem-solving and critical thinking skills.
- Strong attention to detail and organizational skills.
- Ability to be a team player and highly motivated to work independently
- Ability to learn and manage multiple tasks simultaneously and effectively in a fast-paced environment.
- Ability to handle competing priorities and complex projects
- General knowledge of accounting principles
For full consideration, please submit the following document(s):
- A letter of interest describing relevant job experiences as they relate to listed job qualifications and interest in the position.
- Curriculum vitae / Resume
Screening of Applications Begins:
Applications will be accepted until finalists are identified, but preference will be given to complete applications received by March 21, 2025. Those who do not apply by this date may or may not be considered.
Anticipated Pay Range:
The starting salary range for this position has been established as: $62,614 - $82,270
The above hiring range represents the University’s good faith and reasonable estimate of the range of possible compensation at the time of posting.
This position may or may not be eligible for overtime compensation.
Your total compensation goes beyond the number on your paycheck. The University of Colorado provides generous leave, health plans and retirement contributions that add to your bottom line.
Total Compensation Calculator: http://www.cu.edu/node/153125
ADA Statement:
The University will provide reasonable accommodations to applicants with disabilities throughout the employment application process. To request an accommodation pursuant to the Americans with Disabilities Act, please contact the Human Resources ADA Coordinator at hr.adacoordinator@cuanschutz.edu .
Background Check Statement:
The University of Colorado Anschutz Medical Campus is dedicated to ensuring a safe and secure environment for our faculty, staff, students and visitors. To assist in achieving that goal, we conduct background investigations for all prospective employees.
Vaccination Statement:
CU Anschutz strongly encourages vaccination against the COVID-19 virus and other vaccine preventable diseases. If you work, visit, or volunteer in healthcare facilities or clinics operated by our affiliated hospital or clinical partners or by CU Anschutz, you will be required to comply with the vaccination and medical surveillance policies of the facilities or clinics where you work, visit, or volunteer, respectively. In addition, if you work in certain research areas or perform certain safety sensitive job duties, you must enroll in the occupational health medical surveillance program.
University Staff
Job Category
Finance and Accounting
Primary Location
Hybrid
Department
U0001 -- Anschutz Med Campus or Denver
Schedule
Full-time
Posting Date
Mar 4, 2025
Unposting Date
Ongoing
Posting Contact Name
Sara Kenney
Posting Contact Email
sara.kenney@cuanschutz.edu
Position Number
00757974
Salary : $62,614 - $82,270
