Financial Analyst III
- Compensation
- Not disclosed
- Location
- San Francisco, CA, United States
- Work setup
- Not specified
- Seniority
- Not specified
- Employment
- Fellowship
- Experience
- 3+ years
- Category
- Finance
- Posted
Skills
Must have
- Minimum 3 years of related experience.
- Thorough knowledge of finance policies, practices, and systems.
- Proven ability using spreadsheet and database software for complex financial analysis, fiscal management, and financial reports.
- Ability to independently gather required information to organize, and perform financial analysis assignments.
- Proven ability to effectively present information verbally and in writing in a clear and concise manner.
- Proven interpersonal skills with peers throughout the organization; strong service orientation and critical thinking skills; and attention to detail. Proven ability using organizational skills to mult
- Ability to function as a member of a team.
Nice to have
- Minimum 3 years of experience in Health Care industry or Academic Institution.
- Ability to adapt to changing priorities.
- Thorough knowledge and understanding of internal control practices and their impact on protecting University resources.
Full description
Job Function Summary
Involves developing, interpreting and implementing financial concepts for financial planning, resource planning (dollars), and control of organizational budget. May analyze and prepare recommendations for financial plans, including annual resource allocations, future requirements, and operating forecasts.
Generic Scope
Experienced professional who knows how to apply theory and put it into practice with in-depth understanding of the professional field; independently performs the full range of responsibilities within the function; possesses broad job knowledge; analyzes problems / issues of diverse scope and determines solutions.
Financial Planning, Budgeting, Research Administration, and Resource Management
Provides analytical and operational support for complex divisional financial, budget, research administration, and resource-management activities.
- Manage and analyze divisional budgets and discretionary funds, including funding trends, sources and uses, and current and projected resource needs.
- Partner with the Division Administrator, faculty, and research finance staff to develop annual budgets, operating forecasts, and financial plans for clinical, research, and administrative activities.
- Monitor financial performance, identify variances and funding issues, and develop projections and recommendations to support effective resource allocation and decision-making.
- Prepare monthly and ad hoc financial reports, including analyses of faculty and staff salaries, FTE, contracts and grants, gifts, endowments, discretionary funds, and other funding sources.
- Prepare, review, and process complex financial transactions, including journals, payroll transfers, funding changes, and general ledger corrections.
- Manage salary funding distributions and related updates in UCPath and reconcile payroll and financial activity.
- Develop proposal budgets and supporting financial documentation in accordance with sponsor and institutional requirements.
- Support post-award financial management, including forecasting funding needs, monitoring expenditures, and coordinating subaward/subcontract issuance and administration.
- Perform financial research and analysis to assess fund availability, restrictions, and appropriate use of resources.
- Develop and improve financial reports and analytical tools to support divisional planning and decision-making.
- Once the ledger closes, each month sends out a Budget Status Report for division medical center and fellowship philanthropic fund.
- Ensure financial activities comply with University, School of Medicine, departmental, and sponsor policies and requirements.
Financial Analysis, Reporting, and Reconciliation
Applies professional financial concepts and analytical methods to evaluate historical performance, current financial position, and future resource requirements.