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Mission StatementThe mission of The University of Texas M. D. Anderson Cancer Center is to eliminate cancer in Texas , the nation, and the world through outstanding programs that integrate patient care, research and prevention, and through education for undergraduate and graduate students, trainees, professionals, employees and the public.SummaryThe primary purpose of the Financial Analyst position is to provide analysis of business and management financial data for strategic financial planning and assist in implementing processes to maximize efficiencies, as required for efficient accounting management. Provides skilled accounting experience for a variety of department financial processes, including the preparation of the annual budget and daily management of the department accounting system. Impacts operational procedures and practices in the department. Performs special assignments as required and prepares detailed audit reports, cost reports, etc., for departmental and institutional use.Core ValuesCaring Behaviors
Courtesy: Is respectful and courteous to each other at all times
Friendliness/Teamwork: Promotes and rewards teamwork and inclusiveness; Is sensitive to the concerns of our patients and our co-workers
Integrity Behaviors
Reliability: Communicates frequently, honestly and openly
Accountability: Holds self and others accountable for practicing our values
Safety: Notices a safety concern and brings it to someone's attention; Models safe behaviors (wears badge, washes hands, keeps work area clean and orderly)
Discovery Behaviors
Responsiveness: By his/her actions, creates an environment of trust; Encourages learning, creativity and new ideas
Personal Leadership/Self-Initiative: Helps others to identify and solve problems; Seeks personal growth and enables others to do so
Key Functions
Financial analysis, strategic planning, and reporting
As assigned, prepare monthly reports summarizing available funds (Free Balance Report) for the Program Director, Department Administrator, and Chair.
As assigned, reconcile departmental accounts/funds (e.g., FG 30, 40, 80 and 90).
As assigned, prepare quarterly reports of PRS Staff Development Funds (faculty and midlevel providers) for submission to PRS. Work closely with administrative support staff to ensure accurate recording of expenses on an ongoing basis and update tracking document to reflect when encumbrances are expensed.
Review and analyze data from above reports to identify trends or problem areas and formulate strategic solutions to address deficiencies.
For ad hoc reports, assemble data from special financial statements and other reports.
Assist in the preparation of monthly and annual financial reports and other special reports, as required.
Review and analyze data from reports (departmental, divisional, and institutional) to identify trends or problem areas and formulate strategic solutions to address deficiencies.
Prepare adjusting and closing entries, statements, and analyze financial operations as required.
As assigned, monitor industry grants and initiate the invoicing process in accordance with agreements. Work closely with Grants and Contracts Accounting, Research Nurses, and other study personnel to provide the appropriate information for invoicing.
Budget/forecasting preparation
Assist in the coordination and preparation of departmental annual budgets by applying general and specific guidelines, as established by the institution, division, and department.
Assist in the quarterly forecasting process, incorporating changes in personnel, position vacancies, addition/loss of faculty, etc. Project future needs and requirements.
During the annual budget process, assist with projections for revenue and expenses by utilizing, analyzing, and applying departmental, divisional, and institutional data, such as seasonal trending.
Assist in the preparation of grant and contract budgets by applying guidelines and procedures established by the department and by adhering to the granting agency's procedures and stipulations.
Account management and reconciliation
Monitor balances and track income and expenses for assigned co/centers, auditing debit and credit transactions for accuracy and conformance with established procedures and regulations.
Maintain appropriate salary allocations on all sources of funds, including grants and contracts. Initiate ePAFs for changes in source of funds for personnel salary support. Perform personnel reconciliation monthly.
Prepare basic accounting data items such as journal vouchers, for entry into the accounting system.
Initiate contact with departmental representatives, other agencies or personnel to resolve problems or questions regarding basic accounting data items.
Monitor accuracy and appropriateness of expenses charged to accounts.
Monitor adherence to institutional and state guidelines and deadlines for event expenses, purchasing, and reimbursable expenses (including travel).
Perform monthly reconciliation of chartfield strings (CFS).
Contract and service fee invoicing
Run biopsy service reports and submit accurate monthly invoices timely according to approved rates.
Maintain an up-to-date tracking tool for monitoring when contracts are due to be invoiced.
Maintain an up-to-date tracking tool for monitoring when contract invoices are paid and ensure the appropriate distribution of funds received.
Monitor industry grants for assigned faculty and initiate the invoicing process in accordance with agreements. Work closely with Grants and Contracts Accounting, Research Nurses, and other study personnel to provide the appropriate information for invoicing.
Meet with PIs to discuss payment or budget issues.
Other duties as assigned.
The performance for all functions is measured by observation by supervisor, reports from faculty and co-workers, the accuracy and timeliness of work produced, and the demonstrated ability to effectively work under stress. The position also requires one to anticipate needs, to recognize situations requiring assistance and have the ability to refer or perform any necessary tasks, and to comprehend the goals of the department and take the initiative in making decisions and taking actions to further these goals.The above functions require the following abilities and skills:
Demonstrated proficiency in MS Excel, MS Access, Hyperion, and other institutional financial systems.
Demonstrated thorough working knowledge of institutional and state guidelines, which include purchasing, check requests, petty cash and travel. Also a demonstrated working knowledge of mainframe access programs to monitor company center activities.
Ability to practice independently, strong verbal and written communication skills, organizational and critical judgment skills, and be able to interact effectively with patients and co-workers.
Strong attention to detail.
Ability to work with personal computers using standard word processing software, spreadsheets, and programs for database and graphics usage.
Ability to maintain a satisfactory work environment by organizing and redistributing files, records, etc., requiring bending, stooping, reaching, manual handling, walking, visually inspecting, extended standing, sitting and repetitive motions. May be required to lift up to 15 pounds.
Requires use of computer via keyboard, and operating facsimile machine, calculator, printer, photocopy machine, etc. Requires the use of push-button, multiple line telephone set. Must be able to master new software by utilizing available resources (other program personnel, reference manual, training classes, etc.)
Be clearly understood by verbal communication in face-to-face encounters and by telephone.
Strong command of the English language, including spelling, writing, and verbalizing and ability to communicate well verbally and in writing.
Core Competencies
IC - Analytical Thinking:
Gather relevant information systematically;
Break down problems into simple components; and
Make sound decisions.
IC - Build Relationships:
Initiate, develop, and manage relationships and networks; and
Show sincere interest in others and their concerns.
IC - Innovative Thinking:
Approach problems with curiosity and open-mindedness; and
Offer new ideas, solutions and/or options.
REQUIREMENTSEducationRequired: Bachelor's degree in Business Administration or related business specialty (e.g., accounting, cost accounting).Preferred: Master's degree in Business Administration or related business specialty.ExperienceRequired: Two years business experience including at least one of the following areas: project management, data analysis, or accounting.It is the policy of The University of Texas MD Anderson Cancer Center to provide equal employment opportunity without regard to race, color, religion, age, national origin, sex, gender, sexual orientation, gender identity/expression, disability, protected veteran status, genetic information, or any other basis protected by institutional policy or by federal, state or local laws unless such distinction is required by law. http://www.mdanderson.org/about-us/legal-and-policy/legal-statements/eeo-affirmative-action.htmlAdditional Information
Requisition ID: 157207
Employment Status: Full-Time
Employee Status: Regular
Work Week: Days
Minimum Salary: US Dollar (USD) 62,500
Midpoint Salary: US Dollar (USD) 78,000
Maximum Salary : US Dollar (USD) 93,500
FLSA: exempt and not eligible for overtime pay
Fund Type: Hard
Work Location: Hybrid Onsite/Remote
Pivotal Position: No
Referral Bonus Available?: No
Relocation Assistance Available?: No
Science Jobs: No
