Operations Financial Analyst

Duke School of Nursing

• School of Nursing Established in 1931, Duke University School of Nursing is among the top-ranked nursing schools. The school is proud of its overarching commitment to educating the next generation of nurse leaders and advancing the role of nurses and nursing in the transformation of health care and in the expansion of health equity. The School of Nursing has an inclusive and diverse community that supports the professional goals of its students, faculty, and staff as they pursue excellence. Comprised of 1,600 faculty, staff, instructors, and students, the Duke University School of Nursing, Duke University School of Medicine, and Duke University Health System are a part of Duke Health. The Duke University Health System is a world-class health care network. Founded in 1998 to provide efficient, responsive care, the health system offers a network of health services. It encompasses Duke University Hospital, Duke Regional Hospital, Duke Raleigh Hospital, Duke Primary Care, Duke Health Integrated Practices, Duke Home and Hospice, Duke Health and Wellness, and multiple affiliations
• Duke University Health System was awarded the American Board of Nursing Specialties Award for Nursing Certification Advocacy for being strong advocates of specialty nursing certification.
• Duke University Health System has 6000 + registered nurses
• Quality of Life: Living in the Triangle!
• Relocation Assistance!

GENERAL PURPOSE

The Financial Analyst provides administrative management and coordination of a variety of business related functions including, budget and financial functions including data collection, data analysis, data dissemination and reporting, statistical reports, budget development and preparation, financial interpretation and monthly analysis, in addition to other ad hoc analysis and reporting for the School of Nursing (SON).

SUPERVISOR

The position reports to the Finance Director.

ESSENTIAL DUTIES

1. Prepares regular reports on performance of School against budget, updates the Finance Director as to financial status, and highlights areas of concern as applicable.
   1. Identifies areas of short and long-term financial risk, develops and proposes recommendations to mitigate, and implements or assists with the implementation (based upon the issue) of the solution.
   2. Creates, models, and proposes financing strategies to improve financial performance of the School.
   3. Provide financial reconciliation and analytical reporting, as required, for tuition revenue, as it relates to actual and projected enrollment reports.
   4. Prepares and distributes monthly reports for Finance Director and other School leaders that accurately report actual and projected financial results.
   5. Seek feedback from report users and incorporate as is reasonable and efficient suggested improvements to maximize report usefulness to end-user.

2. Manages and is responsible for the oversight of the School’s budgets (including but not limited to: reserves; discretionary funds, allocated funds, revenue funds, endowments) being favorable to their annual budgets.
   1. Directly responsible for managing within budget and makes recommendations for expenditures.
   2. Proposes improvements to reduce spending.

3. Participant in the preparation and post-approval implementation of the SON budget and related processes
   1. Participate in the process for the submission, data entry, consolidation and review of budget requests from appropriate individuals.
   2. Participants in preparing recommendations for adjustments to the annual budget to ensure short and long-term financial needs are met.
   3. Participants in preparing budget in coordination with management center and university deadlines.
   4. Participants in preparing annual tuition market analysis and related graphs
   5. Participants in the preparation of personnel-related budget items (including effort distribution) with the Finance Director.
   6. Maintains records showing chronological audit trail of budget development decision-making and communication.

4. Processes journal vouchers for the business office as needed by internal and external Duke departments.

5. Provide statistical and financial data regarding the School of Nursing to senior management, outside agencies and executive management across the University.

6. Serves a FAM validator of general school funds.

7. Participate in strategic planning by analyzing program plans on short and long-term basis and developing budget projections, financial models and forecasts, projecting possible levels of support from multiple sources of funding.

8. Act as departmental liaison with administrative and professional personnel concerning University policies and procedures and budgetary preparation and control; provide information and resolve problems concerning variances from budget; represents the Vice Dean, Finance and Administration in meetings and conferences and other instances of a business or data coordination nature.

9. Provide approval for School of Nursing Concur expenses; back up support for Concur.

10. Provides SAP support and training for SON department staff as needed.

11. Prepare ad hoc analysis.

PREFERENCES

• Expertise in producing monthly and quarterly financial statements/projections
• Expertise in creating analysis and financial projections from zero base for a new program or business line idea
• Expertise multi-level, complex budgeting process
• Experience with Adaptive Insights Software

MINIMUM QUALIFICATIONS

Education

Work requires a Bachelor's degree in Accounting, Finance, Economics, Business Administration or a related field.

CPA is desirable.

Experience

Work requires three years experience in financial management, cost accounting or a field directly related to specialized area of assignment.

OR AN EQUIVALENT COMBINATION OF RELEVANT EDUCATION AND/OR EXPERIENCE.

Duke is an Affirmative Action/Equal Opportunity Employer committed to providing employment opportunity without regard to an individual's age, color, disability, gender, gender expression, gender identity, genetic information, national origin, race, religion, sex, sexual orientation, or veteran status.

Duke aspires to create a community built on collaboration, innovation, creativity, and belonging. Our collective success depends on the robust exchange of ideas—an exchange that is best when the rich diversity of our perspectives, backgrounds, and experiences flourishes. To achieve this exchange, it is essential that all members of the community feel secure and welcome, that the contributions of all individuals are respected, and that all voices are heard. All members of our community have a responsibility to uphold these values.

Essential Physical Job Functions: Certain jobs at Duke University and Duke University Health System may include essentialjob functions that require specific physical and/or mental abilities. Additional information and provision for requests for reasonable accommodation will be provided by each hiring department.