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Financial Analyst III (College of Medicine-Tucson)

University of Arizona
life insurance, vision insurance, sick time
United States, Arizona, Tucson
Feb 22, 2025
Financial Analyst III (College of Medicine-Tucson)
Posting Number req22035
Department Medicine Administration
Department Website Link https://medicine.arizona.edu/
Location University of Arizona Health Sciences
Address 1501 N. Campbell Avenue, Tucson, AZ 85724 USA
Position Highlights

The Financial Analyst III is an integral part of the College of Medicine-Tucson finance team, responsible for providing comprehensive financial management and operational support to departments, centers, and administrative units. This position plays a key role in budgeting, forecasting, financial reporting and analysis while ensuring compliance with institutional policies and procedures.

The Financial Analyst III will assist departmental/center administrators and staff to facilitate the annual all-funds budget process and quarterly forecasting. They are responsible for reviewing and validating financial data for accuracy, resolving discrepancies, preparing detailed financial reports, analyzing performance and offering actionable insights to support strategic decision-making. This role requires strong analytical and problem solving skills, exceptional attention to detail, and the ability to thrive in a dynamic, fast-paced environment. Proficiency in Excel and financial reporting is essential.

Outstanding UA benefits include health, dental, and vision insurance plans; life insurance and disability programs; paid vacation, sick leave, and holidays; UA/ASU/NAU tuition reduction for the employee and qualified family members; retirement plans; access to UA recreation and cultural activities; and more!

The University of Arizona has been recognized for our innovative work-life programs. For more information about working at the University of Arizona and relocations services, please click here.

Duties & Responsibilities
  • Alongside senior leadership, serve as a key point of contact for the annual All-Funds budgeting and quarterly forecasting for the departments, centers and administrative units within the College of Medicine-Tucson. Responsibilities include providing financial analysis to ensure accuracy and compliance at the College-level, developing and implementing standardized processes, guiding departmental and center staff on the logistical preparation of budgets and forecasts utilizing College budgeting tools and processes, resolving discrepancies and addressing areas of concern, while ensuring efficiency of financial data input into the University budget system.
  • Monitor and analyze the financial performance of the College of Medicine departments' and centers' actual performance against budget, financial targets, other key indicators and compliance metrics. Identify, assess and analyze significant variances in financial results, develop proactive solutions and provide insights and recommendations to leadership.
  • Conduct comprehensive ad-hoc financial and/or budget analysis for college and/or departmental decision-making purposes. Provide in depth financial insights, performance metrics, and strategic recommendations with the aim of improving financial processes, and managing risks developing solutions.
  • Partner with College finance leadership in the development and implementation of financial plans and strategies.
  • Support or lead in the development of annual 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 budget/financial reports, ensuring accuracy and providing insight into expenditure trends and making recommendations for adjustments and improvements.
  • Prepare, analyze, monitor, and forecast complex financial or operational data for senior administration to drive data informed decision making.
  • Develop and oversee various financial schedules and reporting protocols for Administration, ensuring accuracy, consistency, and alignment with financial goals and regulations, while establishing best practices.
  • 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, such as the Financial Services Office 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.
  • Execute financial transactions, including processing or approving expense and funds transfers, while ensuring proper documentation and adherence to policies and procedures.
  • Compile data and conduct analysis for institutional and industry benchmark surveys, as needed.
  • Participate in other College initiatives and projects, as needed.

Knowledge, Skills and Abilities:

  • Proficient skills in Excel and other Microsoft programs.
  • Knowledge of accounting practices, procedures and generally accepted accounting principles.
  • Excellent organization and time management skills.
  • Ability to analyze financial data and identify trends, variances and opportunities.
  • Strong written and verbal communication skills.
  • Ability to multi-task projects and daily assignments.
  • Self starter and strong problem solving abilities.
Minimum Qualifications
  • Bachelor's degree or equivalent advanced learning attained through professional level experience required.
  • Five (5) years of relevant work experience are required.
Preferred Qualifications

  • Bachelor's degree in Accounting, or related field.
  • Experience at an academic institution and managing state, discretionary, sponsored and gift funds.
  • Experience working with federal grants and sponsor requirements including managing cost share.
  • Experience with UAccess (Analytics, Financials, UAccess Employee) and knowledge of UA policies and procedures.

FLSA Exempt
Full Time/Part Time Full Time
Number of Hours Worked per Week 40
Job FTE 1.0
Work Calendar Fiscal
Job Category Finance
Benefits Eligible Yes - Full Benefits
Rate of Pay $65,687 - $85,393
Compensation Type salary at 1.0 full-time equivalency (FTE)
Grade 9
Compensation Guidance The Rate of Pay Field represents the University of Arizona's good faith and reasonable estimate of the range of possible compensation at the time of posting. The University considers several factors when extending an offer, including but not limited to, the role and associated responsibilities, a candidate's work experience, education/training, key skills, and internal equity.

The Grade Range Minimum, Midpoint, and Maximum Fields listed below represent a full range of career compensation growth over time in this position and grade. Each unit typically sets starting pay between minimum and midpoint upon hire. The university offers compensation growth opportunities within its career architecture. To learn more about compensation, please review our Applicant Compensation Guide and our Total Rewards Calculator.
Grade Range Minimum $65687
Grade Range Midpoint $85393
Grade Range Maximum $105099
Career Stream and Level PC3
Job Family Budget & Financial Analysis
Job Function Finance
Type of criminal background check required: Name-based criminal background check (non-security sensitive)
Number of Vacancies 1
Target Hire Date
Expected End Date
Contact Information for Candidates Casandra Sanchez | casandrasanchez@arizona.edu
Open Date 2/21/2025
Open Until Filled Yes
Documents Needed to Apply Resume and Cover Letter
Special Instructions to Applicant
Notice of Availability of the Annual Security and Fire Safety Report In compliance with the Jeanne Clery Disclosure of Campus Security Policy and Campus Crime Statistics Act (Clery Act), each year the University of Arizona releases an Annual Security Report (ASR) for each of the University's campuses.Thesereports disclose information including Clery crime statistics for the previous three calendar years and policies, procedures, and programs the University uses to keep students and employees safe, including how to report crimes or other emergencies and resources for crime victims. As a campus with residential housing facilities, the Main Campus ASR also includes a combined Annual Fire Safety report with information on fire statistics and fire safety systems, policies, and procedures.
Paper copies of the Reports can be obtained by contacting the University Compliance Office at cleryact@arizona.edu.
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