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FINANCIAL ANALYST II - Finance

Employer
Duke University
Location
Durham

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Job Details

Auto req ID
112813BR
Duke Entity
PRIVATE DIAGNOSTIC CLINICS
Job Code
5042 FINANCIAL ANALYST II
Job Description
PDC Finance

General Description
Support the PDC Finance Manager with the preparation of ad hoc analyses related to special projects, financial statements, statistical reports, cost analyses and other financial information.

Job Duties
1. Assist in the execution of special projects / analyses related to the conversion to a not-for-profit entity # Variable modeling of PDC retirement expense and employment tax expense # Fair market value study of physician compensation to pass muster with IRS for non- profit entities (ongoing) # Analysis and identification of non-clinical costs included in Departmental budgets and actual results # Prepare written reports and presentations for PDC management on results of special projects and analyses
2. Lead PDC space management financial responsibilities and serve as point person with University and Health System # Maintain liaison with Department business managers regarding use of space, both internal DU/DUHS space as well as third-party leased space, and ensure changes are communicated and accurately executed # Perform analysis over potential new leases (cost per square foot, future cash flows, comparison with existing leases, etc.)
3. Run monthly PDC cost allocation process # Run analyses relatedto multi-clinic cost centers for use in cost allocation # Work with PDC general ledger and budget analysts to ensure cost allocation methods for newly created cost centers are appropriate and consistent # Generate adjusting journal entries for cost allocation to be recorded by general ledger analysts aspart of month-end close process # Perform monthly horizontal, vertical, and other relevant analyses over allocated costs by department and division and work to resolve variances from both budget and historical trends/results
4. Monitor and report on revenue contract activity # Perform monthly analysis on contract revenue and investigate variances with budget # Reconcile the monthly transfer of receipts related to certain revenue contracts to ensure accuracy and completeness # Perform periodic analysis of profitability of subsidy contract agreements and communicate results with PDC management through written reports and/or presentations to aid in decision making regarding future contracts
5. Perform other related duties incidental to the work described herein

Knowledge, Skills, and Abilities
• Public Accounting experience
• Experience with Microsoft Excel

Education Requirements/Preferences
• Bachelor’s degree required
• Master’s degree preferred
• CPA strongly preferred

Experience Requirements/Preferences
Minimum four years experience (or equal time spent in masters program).  2 years minimum experience in health care industry specific to physician practices

Working Conditions
Must be able to work under time pressures in a busy clinic/office environment.
Must be present on site for 8 hour shifts during standard business hours.
Must participate in group activities requiring interpersonal skills & cooperation.
Must be able to react quickly and immediately respond to emergencies.
Must travel between locations on needed basis.
Must be able to handle multiple assignments, conflicting demands & priorities.
Must maintain attention to detail over extended period of time.
Must be continually aware of variations in changing situations.
Must be able to move throughout office environment throughout day.
Location
Durham
Requisition Number
401589257
Position Title
FINANCIAL ANALYST II - Finance
Shift
First/Day
Job Family Level
F2
Full Time / Part Time
FULL TIME
Regular / Temporary
Regular
Department Name
Finance
Minimum Qualifications
Duke University is an Affirmative Action/Equal Opportunity Employer committed to providing employment opportunity without regard to an individual's age, color, disability, gender, gender expression, gender identity, genetic information, national origin, race, religion, sex, sexual orientation, or veteran status.
Duke aspires to create a community built on collaboration, innovation, creativity, and belonging. Our collective success depends on the robust exchange of ideas—an exchange that is best when the rich diversity of our perspectives, backgrounds, and experiences flourishes. To achieve this exchange, it is essential that all members of the community feel secure and welcome, that the contributions of all individuals are respected, and that all voices are heard. All members of our community have a responsibility to uphold these values.
Essential Physical Job Functions: Certain jobs at Duke University and Duke University Health System may include essential job functions that require specific physical and/or mental abilities. Additional information and provision for requests for reasonable accommodation will be provided by each hiring department.Education

Work requires a Bachelor's degree in Accounting, Finance, Economics, Business Administration or a related field. CPA is desirable.Experience

Work requires four years experience in financial management, cost accounting or a field directly related to specialized area of assignment.

Organization

Read our Diversity Profile History

Duke University was created in 1924 by James Buchanan Duke as a memorial to his father, Washington Duke. The Dukes, a Durham family that built a worldwide financial empire in the manufacture of tobacco products and developed electricity production in the Carolinas, long had been interested in Trinity College. Trinity traced its roots to 1838 in nearby Randolph County when local Methodist and Quaker communities opened Union Institute. The school, then named Trinity College, moved to Durham in 1892, where Benjamin Newton Duke served as a primary benefactor and link with the Duke family until his death in 1929. In December 1924, the provisions of indenture by Benjamin’s brother, James B. Duke, created the family philanthropic foundation, The Duke Endowment, which provided for the expansion of Trinity College into Duke University.Duke Campus

As a result of the Duke gift, Trinity underwent both physical and academic expansion. The original Durham campus became known as East Campus when it was rebuilt in stately Georgian architecture. West Campus, Gothic in style and dominated by the soaring 210-foot tower of Duke Chapel, opened in 1930. East Campus served as home of the Woman's College of Duke University until 1972, when the men's and women's undergraduate colleges merged. Both men and women undergraduates now enroll in either the Trinity College of Arts & Sciences or the Pratt School of Engineering. In 1995, East Campus became the home for all first-year students.

Duke maintains a historic affiliation with the United Methodist Church.

Home of the Blue Devils, Duke University has about 13,000 undergraduate and graduate students and a world-class faculty helping to expand the frontiers of knowledge. The university has a strong commitment to applying knowledge in service to society, both near its North Carolina campus and around the world.

Mission Statement

Duke Science"James B. Duke's founding Indenture of Duke University directed the members of the University to 'provide real leadership in the educational world' by choosing individuals of 'outstanding character, ability, and vision' to serve as its officers, trustees and faculty; by carefully selecting students of 'character, determination and application;' and by pursuing those areas of teaching and scholarship that would 'most help to develop our resources, increase our wisdom, and promote human happiness.'

“To these ends, the mission of Duke University is to provide a superior liberal education to undergraduate students, attending not only to their intellectual growth but also to their development as adults committed to high ethical standards and full participation as leaders in their communities; to prepare future members of the learned professions for lives of skilled and ethical service by providing excellent graduate and professional education; to advance the frontiers of knowledge and contribute boldly to the international community of scholarship; to promote an intellectual environment built on a commitment to free and open inquiry; to help those who suffer, cure disease, and promote health, through sophisticated medical research and thoughtful patient care; to provide wide ranging educational opportunities, on and beyond our campuses, for traditional students, active professionals and life-long learners using the power of information technologies; and to promote a deep appreciation for the range of human difference and potential, a sense of the obligations and rewards of citizenship, and a commitment to learning, freedom and truth.Duke Meeting

 “By pursuing these objectives with vision and integrity, Duke University seeks to engage the mind, elevate the spirit, and stimulate the best effort of all who are associated with the University; to contribute in diverse ways to the local community, the state, the nation and the world; and to attain and maintain a place of real leadership in all that we do.”

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