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University of Texas at Austin

Public research university in Austin, TX

Finance Business Partner

Corporate Finance & FP&AConfirmed live in the last 24 hours
Full-timeAustin, TX, USA$83.4k

About the Job

Requirements

  • A Bachelor's degree in Accounting or a related field, or equivalent substituted education and experience, and at least five years of progressive professional finance, accounting, or consulting experience with broad knowledge of budgeting, forecasting, and financial analysis.
  • Experience communicating and presenting complex ideas and processes to varied audiences.
  • High proficiency in Microsoft Excel.
  • Broad industry knowledge of academic health care.
  • Strong knowledge of financial applications and processes.
  • Strong communication and interpersonal skills when dealing professionally with staff at all institutional levels.
  • Effective problem-solving skills.
  • Ability to develop, prioritize, and accomplish goals.
  • Analytical thinking, critical thinking, and project management competencies.
  • Ability to analyze and evaluate data and make appropriate decisions and recommendations.

Responsibilities

  • Serve as a leader in creating operational, capital, and project-specific budgets while working closely with Finance on the system-wide budget process.
  • Support the annual budget process, including developing the annual budget and leading and guiding budget development for assigned departments.
  • Oversee budget performance, update monthly forecasts, and provide variance analysis reporting to departments and Finance.
  • Serve as the primary contact and finance partner for assigned departments, maintain trusted relationships with their leadership, and oversee departmental financial processing.
  • Analyze clinical and healthcare trends affecting operational areas and provide guidance on their impact on financial metrics.
  • Collaborate with operational areas to create business plans aligned with operational and strategic goals, ensure financial models are accurate, and provide follow-up analysis on approved plans' performance.
  • Collaborate on developing financial dashboards for departmental and school-wide use.
  • Understand productivity targets and analyze MGMA, AAMC, and department-specific benchmarks; recommend actions to leadership to meet expected targets.
  • Train departments on productivity benchmarks and reporting, and collaborate on investigating benchmark results or questions.
  • Review position-control data for accuracy and provide financial details for new requests to the Operations Coordinating Group, including relevant volume trends, FTE trends, benchmarking, and operational-change impacts.
  • Communicate financial trends to assigned departments and proactively identify opportunities to improve productivity, efficiency, and utilization that may produce cost savings or revenue improvements.
  • Participate in or lead finance and operations process-improvement projects at the institutional or departmental level.
  • Adhere to internal controls and reporting structures.
  • Perform other duties as assigned.

Desired Qualifications

  • A Master's degree in Business Administration or a related field.
  • At least three years of experience in a financial role at an academic health institution.
  • Experience working with Workday Financials.
  • Certified Public Accountant (CPA) certification.
  • Certified Management Accountant (CMA) certification.

About the Company

University of Texas at Austin

Public research university in Austin, TX

University of Texas at Austin is a public research university in Austin, Texas. It offers undergraduate, graduate, and professional education across a broad range of fields.

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