Financial Analyst III - College of Medicine, Tucson

In partnership with senior leadership, serve as a lead for the annual All-Funds budgeting and quarterly forecasting processes for departments, centers and administrative units within the College of Medicine-Tucson. Collaborate with leadership to develop and implement strategies, standardized processes and tools that support effective budgeting and financial reporting. Provide guidance and support to department administrators and finance staff on budget development, management, and forecasting using college budgeting tools and processes. Review and analyze financial data to ensure accuracy, identify discrepancies, and proactively work with departments and centers to resolve issues. Compile, organize and enter financial data into the University budget system, ensuring data integrity and compliance with institutional requirements and deadlines. Support College leadership in overseeing budget office deliverables, ensuring all submissions are accurate, complete and delivered on time. Identify and elevate opportunities for process improvements and operational efficiencies. Monitor and analyze the financial performance of the College of Medicine departments' and centers' actual performance against budget, financial targets, or other key performance indicators. Investigate significant variances, assess underlying drivers, develop proactive solutions and provide insights and recommendations to leadership. Conduct comprehensive ad-hoc financial and/or budget analysis to support college and/or departmental decision-making. Provide in depth financial insights, performance metrics, and strategic recommendations aimed at improving financial processes and mitigating risks. Support in the development of budgets as it relates to the College's allocation model and/or other areas within Medicine administration, ensuring alignment with goals and priorities. Generate monthly or quarterly financial and budget reports, ensuring accuracy while analyzing expenditure trends and offering recommendations for adjustments and process improvements. Prepare, analyze, monitor, and forecast complex financial and operational data for senior leadership to drive data informed decision making. Compile institutional data and conduct financial analysis for various internal and external benchmark surveys, including completion of the annual Association of American Medical School Colleges (AAMC) financial questionnaire to support accreditation requirements. Supervise, train, and mentor junior financial analysts, providing guidance on budgeting, forecasting, financial reporting and analysis. Perform reconciliations to ensure expenses and revenue are accurately reported, aligned with budget plans, and compliant with financial reporting. Serve as a liaison with main campus units, and provide support to departments and centers on various financial matters, addressing questions, resolving issues, and offering solutions. Use subject matter expertise to advise on budgeting, expense/account management, financial analysis/reporting and policy. Using advanced Excel skills, prepare and analyze various ad hoc financial reports, as needed. Participate in other college initiatives/projects or campus-wide committees, as needed. Knowledge, Skills Abilities: Advanced proficiency in Microsoft Excel and Microsoft Office applications for data management, analysis, reporting, and documentation. Knowledge of accounting practices, procedures and generally accepted accounting principles. Ability to prioritize competing tasks and meet deadlines in a fast-paced environment. Ability to analyze financial data and identify trends, variances and opportunities. Skilled at communicating effectively through clear, professional written and verbal communication. Demonstrated ability to work independently with strong initiative and analytical problem-solving skills to identify issues and implement effective solutions.