Financial or Business Analyst Senior

Michigan Medicine, Department of Radiology is seeking a senior-level Business or Finance Analyst to join the Radiology Finance team. This role supports leadership with financial analyses, organizational health assessments, and both short- and long-term planning, including capital equipment and faculty workforce planning.

About the Role

This position might be right for you if you:

• Pride yourself in providing the highest level of customer service on a consistent basis
• Want to work in a collaborative environment and understand the value in being part of a strong team
• Are able to function independently, and require minimal day-to-day supervision to deliver projects in a timely and effective manner
• Will take pride in representing Radiology with a positive attitude and demeanor
• Are detail oriented and ensure accuracy and compliance in your work
• Enjoy working on a variety of projects that will span across clinical, research, and educational missions

Responsibilities

• Primary Responsibilities
  • Participate in the development, monitoring, and analysis of annual operating budgets, forecasts, and long-range financial plans for assigned Radiology services.
  • Perform monthly financial close activities, including journal entries, accruals, account reconciliations, and variance analysis.
  • Analyze financial performance by modality, location, and cost center, identifying trends, risks, and opportunities for operational improvement.
  • Prepare and present monthly financial reports and dashboards for departmental leadership.
  • Support financial planning for new program implementations, facility expansions, and operational initiatives.
  • Develop and maintain financial models to support business planning, staffing, capital investments, and strategic decision-making.
• Payroll & FTE Management
  • Assist with departmental payroll and FTE budgets, including position funding, effort allocations, vacancy analysis, and labor expense forecasting.
  • Coordinate payroll funding changes, DBE updates, retroactive corrections, and effort allocations with HR and Payroll.
  • Analyze staffing trends and productivity metrics to support workforce planning.
• Reporting & Analytics
  • Design, develop, and maintain complex financial reports using Tableau, Finance BI, Smart View, Excel, and other reporting tools.
  • Perform large-scale data analysis by integrating information from multiple financial, operational, and HR/Payroll systems.
  • Develop automated reporting solutions that improve financial transparency and reduce manual processes.
  • Reconcile operational activity, RVUs, patient volumes, and financial performance across multiple data sources.
• Financial Operations
  • Review and approve procurement transactions, vouchers, and invoices to ensure compliance with organizational policies.
  • Coordinate year-end close activities, accruals, and financial reconciliations.
  • Manage departmental cost allocations and expense distributions across multiple programs, modalities, and departments.
  • Monitor high-dollar expenditures and identify opportunities for cost containment and process improvement.
• Strategic & Operational Support
  • Partner with operational leaders to provide financial guidance for new services, workflow improvements, and organizational initiatives.
  • Support departmental restructures, Dept ID/cost center transitions, and financial system implementations.
  • Serve as the primary financial resource for assigned clinical areas, providing consultative support to managers and directors.
  • Identify financial risks and recommend solutions to improve reporting accuracy, operational efficiency, and fiscal stewardship.

Requirements

• Bachelor's degree or an equivalent combination of education and experience
• 5-8 years of professional experience
• Possesses and applies a broad knowledge of principles, practices, and procedures of financial analysis
• Experience in financial reporting and management
• Proven ability to adapt knowledge, learn quickly, and handle multiple work streams simultaneously
• Ability to assess competing priorities, manage workflow and meet operational deadlines
• Knowledge of and experience in Microsoft Office Suite (specifically Excel)
• Strong communication skills (both oral and written), and the ability to analyze large amounts of complex information to present simple and concise material to the appropriate audience

Qualifications

• Experience in healthcare, higher education and/or academic medical center setting
• Advanced analytical, modeling, and data visualization skills within Tableau
• Experience in Business Objects, PeopleSoft, Oracle, and/or Hyperion
• Experience working across multiple functions and demonstrated success in quickly developing appropriate domain knowledge from each to support more robust solutions
• Ability to complete complex analytical, consultative and information support through analysis and report preparation
• Ability in problem analyses, methodology development, technical execution, and development of recommendations

Schedule

Monday through Friday, 9:00 AM to 5:00 PM

Work Location

North Ingalls Building