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Financial Analyst 3 - Hybrid, Miami FL
University of Miami
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About this role
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The Department of Cell and Systems Biology has an exciting opportunity for a full-time Financial Analyst 3 to work hybrid in Miami.
CORE JOB SUMMARY The Financial Analyst 3 examines financial status of the organization by collecting, monitoring, and studying data, and develops projections, reports, and presentations to assist senior managing staff in their financial decision-making process. Moreover, the incumbent establishes and enforces policies and procedures that further department’s financial goals and objectives.
CORE JOB FUNCTIONS • Develops, prepares and coordinates documentation of financial analysis projects such as budgets, forecasts, projections, expense performance, and presentations.
• Identifies trends and developments in competitive environments and makes recommendations to senior management.
• Provides analytical evaluation for forward-looking financial or business-related projects.
• Devises financial forecasting and reconciliation of accounts.
• Reviews reports and ensures that financial information has been recorded accurately.
• Compares results with plans and forecasts and makes recommendations for adjustments.
• Trains and oversees junior staff members to ensure accuracy and efficiency in end work product.
• Assists in the development and organization of department and project budgets.
• Designs and builds various models that summarize several different scenarios around growth and expansion initiatives or opportunities.
• Develops performance and productivity dashboards, models or analyses.
• Determines profitability and pricing on product offerings and develops performance indicators to enable the analysis of business segments and new product lines.
• Conducts research on different strategic initiatives.
• Acts as liaison to other departments, vendors, and other external parties to complete assignments.
• Adheres to University and unit-level policies and procedures and safeguards University assets.
This list of duties and responsibilities is not intended to be all-inclusive and may be expanded to include other duties or responsibilities as necessary.
CORE QUALIFICATIONS Bachelor’s degree in relevant field required
Minimum 5 years of relevant experience required
Knowledge, Skills and Abilities: • Learning Agility: Ability to learn new procedures, technologies, and protocols, and adapt to changing priorities and work demands.
• Teamwork: Ability to work collaboratively with others and contribute to a team environment.
• Technical Proficiency: Skilled in using office software, technology, and relevant computer applications.
• Communication: Strong and clear written and verbal communication skills for interacting with colleagues and stakeholders.
DEPARTMENT ADDENDUM Department Specific Functions Under the general direction of the Senior Administrative Officer (SAO) , the Financial Analyst 3 provides advanced financial management and sponsored research administration support for the department. The incumbent serves as the primary financial resource assisting the SAO with departmental budgeting, financial reporting, forecasting, sponsored research administration, compliance, and operational planning. The position exercises independent judgment in the administration of departmental finances and sponsored projects while ensuring compliance with University, sponsor, and governmental regulations.
Departmental Financial Administration (35%) • Assists the Senior Administrative Officer (SAO) with the financial administration and operational management of the department.
• Manages departmental and non-sponsored financial accounts by monitoring revenues, expenditures, and available funding.
• Processes and reviews financial transactions, including payroll accounting adjustments (PAAs), non-salary cost transfers, business expense reimbursements, purchase requisitions, journal entries, wire transfers, and other accounting transactions in accordance with University policies.
• Performs monthly account reconciliations, analyzes financial activity, resolves discrepancies, and prepares financial reports and recommendations for departmental leadership.
• Assists the SAO in preparing the annual operating budget, financial forecasts and variance analysis.
Customer Service and Collaboration (10%) • Serves as the primary financial resource for faculty, Principal Investigators, staff, graduate students, and departmental leadership regarding departmental finances, sponsored research administration, and University policies.
• Collaborates with the Office of Research Administration, Office of Graduate Studies, Fiscal Management, Human Resources, Faculty Affairs, Accounts Payable, Controller's Office, Purchasing, and other University departments.
• Represents the department in meetings with University offices and external organizations as appropriate.
Professional Development and Administrative Support (10%) • Assists the SAO with departmental initiatives, special financial analyses, audits, operational improvements, and strategic planning projects.
• Performs delegated administrative responsibilities during the absence of the Senior Administrative Officer, as assigned.
• Participates in University-sponsored training and professional development programs related to finance, sponsored research administration, compliance, budgeting, and regulatory requirements.
• Maintains confidential
Salary insight
This posting doesn't disclose pay. Across 181 Miami jobs with disclosed salaries on ForgeApply, the median is $124k.
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