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Financial Management Analyst III - School of Medicine Office of Finance

Employer
Duke University
Location
V DEAN FINANCE AND ADMINISTRATION

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Administrative Jobs
Institutional & Business Affairs, Business & Financial Management, Health & Medical Services
Employment Type
Full Time
Institution Type
Four-Year Institution
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Job Details

School of Medicine:

Established in 1930, Duke University School of Medicine is the youngest of the nation’s top medical schools. Ranked tenth among its peers, the School takes pride in being an inclusive community of outstanding learners, investigators, clinicians, and staff where traditional barriers are low, interdisciplinary collaboration is embraced, and great ideas accelerate translation of fundamental scientific discoveries to improve humanhealth locally and around the globe.

Comprised of 2,400 faculty physicians and researchers, the Duke University School of Medicine along with the Duke University School of Nursing and Duke University Health System create Duke Health. Duke Health is a world-class health care network. Founded in 1998 to provide efficient, responsive care, the health system offers a full network of health services and encompasses Duke University Hospital, Duke Regional Hospital, Duke Raleigh Hospital, Duke Primary Care, Private Diagnostic Clinic, Duke Home and Hospice, Duke Health and Wellness, and multiple affiliations.

Duke University, School of Medicine

Office of Finance

Primary Job Responsibilities of Financial Mgmt Analyst III

Skill Sets Necessary to be Successful:

Must be proficient in SAP applications including Analysis for Office (A4O) reporting. Proficiency with the use of Excel and other Microsoft applications, such as Access. Must have strong accounting skills with attention to detail and accustom to working with large volume of data in order to prepare analyses. Must be able to take the large volume of data and interpret/present in a manner that is concise and meaningful to ensure senior leaders are able to understand the issues presented and make sound business decisions based on the information presented.

  1. This position provides guidance to SOM Departments with adherence to University and SOM financial policies and procedures. Assist Business managers with financial analysis and preparation of the annual budget of the departments. Summarize the annual budget for presentation to the Senior Leadership of the School and participate accordingly in the meetings.

  • Provide SOM Senior Leadership with Ad hoc reporting and analysis and assist with special projects assigned by leadership in terms of financial analysis and monitoring of activities within the departments.

  • Responsible for the monthly analysis of the financial activities of the SOM departments which includes monthly explanations of variances to budget, overdrafts, expense controls, and trending analysis. This includes assisting departments in the use of reports both through A4O and SAP to do this analysis. Responding to investigative concerns raised by departments, Internal Audit office and SOM senior leadership.

  • Understand the different attributes that are on all School of Medicine funds and how they interact with the reporting that is done. This includes the assessments that are done within the School of Medicine and determining which codes receive the different assessments.

  • Responsible for oversight of JVs done in the departments that meet certain thresholds as determined by Duke Central accounting and School of Medicine.

  • Participate in various monthly meetings with Business Managers and provide training to these managers on an as needed basis in terms of use of the budgeting system and other financial procedures expected within the School. It is crucial to stay in contact with the Business Managers to help understand their business and where they can benefit from our assistance.

  • Perform audits with other staff members throughout the year on selected financial or compliance related activities within the Departments. Responsible to contact departments when management plans become necessary on current compliance initiatives.

  • Participate in special projects as assigned by the Associate Dean of Finance such as projects related to business process improvements within the University and systems implementations. As well as assist with the design and development of new procedures, financial reports or systems.

  • This position will interact on a regular basis with leadership within the SOM and also University Finance staff as well as Corporate Finance within the Health System.

  • Other responsibilities include providing backfill support for the following items: preparing various General and Administrative reporting, PDC 5b tracking on a monthly basis, effort supporting Duke Hospital, backup of other FMAIIIs when they are out, Chancellor for Health Affairs commitment funds, projection analysis, and actual operating results, as well as monitoring of cost transfers within a department.

  • Responsible for oversight of department’s salary setting process.

  • Develop a broad understanding of the financial aspects of clinical research such as management of revenue and effort.

  • Responsible for the monthly and year end closing process of the schools over the departments they have oversight responsibilities for, which includes processing of journal transactions and reviews.

    • Prefer experience with not-for-profit or academia.

    Minimum Qualifications

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

    Experience: Work requires a minimum of six years experience in financial management,cost accounting or a field directly related to specialized area of assignment. OR AN EQUIVALENT COMBINATION OF RELEVANT EDUCATION AND/OR EXPERIENCE

    Duke 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 essentialjob 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.

    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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