Job Information
University of Michigan Financial Analyst Senior in Ann Arbor, Michigan
Financial Analyst Senior
Apply Now
How to Apply
A cover letter and resume are important submissions for the hiring team to get a sense of your experience. In the cover letter, in one page or less, please let us know how this role aligns with your career aspirations and skills. Submit both a cover letter and resume as one file.
Competitive salary available based on qualifications, experience and education of the selected candidate.
Job Summary
Information and Technology Services (ITS) at UM-Ann Arbor seeks a Financial Analyst Senior to join the ITS Finance team. ITS supports the university's academic, research, and administrative functions, managing IT systems and security for Ann Arbor, Michigan Medicine, and the regional campuses in Flint and Dearborn.
Key responsibilities include:
Analyze financial reports against budgets and recommend operational improvements.
Conduct strategic analysis for decision-making and forecasting.
Track monthly service costs to identify areas for process enhancement.
Perform audits to control expenditures and assess business activity costs.
Convert data into clear, concise reports for analytical studies.
This position reports directly to the Director of Finance and Human Resources.
Who We Are
ITS supports U-M faculty, researchers, staff, and students in their use of technology to teach, learn, research, and work, and be leaders in their fields. We are dedicated to creating cohesive digital experiences and enabling university wide innovations by:
Elevating the customer experience by providing proactive, laser focused customer service
Providing appropriate IT security and privacy in an open university society, while enabling innovation
Supporting data-informed decision making
Delivering intuitive research computing solutions
Building a world-class, transformational network and reliable administrative systems
In addition, we value those that proactively solve challenges, work with a sense of urgency, and seek a collaborative and inclusive work environment.
Our mission is to be trusted enablers of technology for the U-M community. To learn more, visit: https://its.umich.edu .
Responsibilities*
Prepare reports, attend departmental meetings for financial feedback, and train non-financial staff in cost management.
Track budgets, engage in strategic planning, and analyze cost variances.
Examine data to enhance operational efficiencies and recommend procedural improvements.
Ensure accuracy in revenue/expenditure transactions and perform variance analysis.
Investigate financial discrepancies and coordinate with ITS Finance for accurate cost forecasting.
Develop consultations with management for sound financial recommendations.
Understand and apply current policies, industry standards, and university guidelines.
Analyze financial performance and report findings to management; create ad hoc reports.
Review financial transactions, initiate corrections, and communicate findings to management.
Monitor account reconciliations and support financial requests with detailed business cases.
Demonstrate problem-solving, accountability, and communication in guiding ITS business decisions.
Lead or assist in projects, provide reports, and explain findings.
Utilize leadership and strategic thinking to contribute to planning, setting priorities, and ensuring project completion meets organizational goals and quality standards.
Required Qualifications*
A Bachelor's degree in business administration, finance or related field with thorough understanding of accounting and financial principles.
Five (5) or more years of progressive experience as an accountant, financial or business analyst, budgeting, forecasting and financial analysis, including some experience with fund accounting or related experience.
Strong interpersonal skills including the ability to effectively communicate and work with a variety of individuals and units.
Strong verbal and written communication skills.
Proficiency with word processing, financial spreadsheets, and collaboration applications.
Demonstrated experience/ability to:
Develop complex financial models and analyze complex data.
Interpret and communicate sensitive financial data and complex issues to a varied audience through advanced writing skills and/or clearly developed presentations skills - including preparation of business cases and proposals.
Interpret financial data and provide solutions.
Deliver great customer service.
Adapt to rapidly changing work assignments and priorities.
Desired Qualifications*
Understanding of ERP systems including the ability to retrieve required data using data warehouse query tools.
Experience in a higher education business setting, particularly knowledge of University of Michigan policies and systems.
Knowledge of fund accounting principles.
Familiarity with Federal A-21 requirements.
Modes of Work
Positions that are eligible for hybrid or mobile/remote work mode are at the discretion of the hiring department. Work agreements are reviewed annually at a minimum and are subject to change at any time, and for any reason, throughout the course of employment. Learn more about thework modes (https://hr.umich.edu/working-u-m/my-employment/ways-we-work-resource-center/ways-we-work-implementation-group/modes-work) .
Underfill Statement
UM- ITS welcomes a healthy applicant pool so we encourage all interested applicants to apply. This position may be underfilled at a lower classification depending on the qualifications of the selected candidate.
Additional Information
Benefits at the University of Michigan
In addition to a career filled with purpose and opportunity, The University of Michigan offers a comprehensive benefits package to help you stay well, protect yourself and your family and plan for a secure future. Benefits include:
Generous time off
A retirement plan that provides two-for-one matching contributions with immediate vesting
Many choices for comprehensive health insurance
Life insurance
Long-term disability coverage
Flexible spending accounts for healthcare and dependent care expenses
Dental and Vision Insurance
Parental and Maternity Leave
U-M EEO/AA Statement
The University of Michigan is an equal opportunity/affirmative action employer.
Job Detail
Job Opening ID
253809
Working Title
Financial Analyst Senior
Job Title
Financial or Bus Analyst Sr
Work Location
Ann Arbor Campus
Ann Arbor, MI
Modes of Work
Onsite
Hybrid
Mobile/Remote
Full/Part Time
Full-Time
Regular/Temporary
Regular
FLSA Status
Exempt
Organizational Group
Its Admin
Department
ITS Admin Finance
Posting Begin/End Date
9/03/2024 - 9/24/2024
Salary
$84,000.00 - $93,000.00
Career Interest
Finance
Apply Now