Senior Financial Analyst (Finance Academic Research Compliance)

Vanderbilt Health

Discover Vanderbilt University Medical Center:  Located in Nashville, Tennessee, and operating at a global crossroads of teaching, discovery, and patient care, VUMC is a community of diverse individuals who come to work each day with the simple aim of changing the world. It is a place where your expertise will be valued, your knowledge expanded, and your abilities challenged. Vanderbilt Health recognizes that diversity is essential for excellence and innovation. We are committed to an inclusive environment where everyone has the chance to thrive and where your diversity of culture, thinking, learning, and leading is sought and celebrated. It is a place where employees know they are part of something that is bigger than themselves, take exceptional pride in their work and never settle for what was good enough yesterday. Vanderbilt’s mission is to advance health and wellness through preeminent programs in patient care, education, and research.

Organization:

Finance-Acad/Res Spec Proj

Job Summary:

Responsible for cost analysis, departmental support for financial compliance concepts for sponsored research, and ad‐hoc reporting requests for VUMC leadership. The Senior Financial Analyst will support the development of indirect cost rate calculation and analysis and be an integral part of the space utilization survey.

Focus areas include financial and statistical data analysis, compliance understanding of sponsored research (with an emphasis on effort reporting), and interest in research initiatives including funding and federal reimbursement methodologies. Key to this position is attention to detail, critical thinking, and problem‐solving skills in a complex area. The Senior Financial Analyst collaborates with various teams within Finance and across the VUMC system with a specific focus on acquiring and compiling numerous data sources related to the indirect cost rate proposal, the space survey, and effort reporting.

KEY RESPONSIBILITIES

  • Prepare Indirect Cost Proposal Schedules for various cost components
  • Analyze and prepare schedules for Medicare Cost Report as requested
  • Provide Effort Reporting and Certification Departmental Support
  • Serve as Knowledge Source for Workday Effort Reporting and Payroll-related actions
  • Conduct Space Survey Reviews and interact extensively with Academic and Research Departments in support of conducting a compliant Space Survey
  • Review and Approval of Payroll Accounting Adjustments
  • Attention to detail, critical thinking, and problem‐solving skills in a complex area
  • Compliance understanding of sponsored research (with an emphasis on effort reporting)
  • Interest in research initiatives including funding and federal reimbursement methodologies
  • Create an environment of excellent customer service and responsiveness across all projects to minimize frustration and maximize communication for those we work with and support
  • The responsibilities listed are a general overview of the position and additional duties may be assigned

TECHNICAL CAPABILITIES

• Communication of Results (Advanced): Communicates results and recommendations to customers in a concise and non-technical format. Clearly states implications and potential next steps. Presents analysis, ideas, and findings using the appropriate data visualization and presentation tools [such as Word, Excel, Access, PowerBI, and PowerPoint].
• Written Communication (Advanced): Demonstrates the ability to write clear, detailed, and comprehensive status reports, memos and documentation. Demonstrates an understanding of effective composition, such as having first line in a paragraph state the subject.
• Financial Analysis (Advanced): The process of evaluating businesses, projects, budgets, etc. to determine their performance, stability and profitability.
• Problem Solving (Advanced): Uses critical thinking and process improvement i.e. coaches and mentors development of problem statement, describes current state, identifies root causes, creates future state, coaches and mentors development of solutions and action plans with a sustainability plan. Applies appropriate tools to address issues.
• Project Management (Advanced): Planning, organizing, and managing resources to bring about the successful completion of specific project goals and objectives.
• Peer Leadership (Advanced): The ability to show leadership and influence people of equal rank in an effort to accomplish team goals.

Our professional administrative functions include critical supporting roles in information technology and informatics, finance, administration, legal and community affairs, human resources, communications and marketing, development, facilities, and many more.

At our growing health system, we support each other and encourage excellence among all who are part of our workforce. High-achieving employees stay at Vanderbilt Health for professional growth, appreciation of benefits, and a sense of community and purpose.

Core Accountabilities:

Organizational Impact: Independently delivers on objectives with understanding of how they impact the results of own area/team and other related teams. Problem Solving/ Complexity of work: Utilizes multiple sources of data to analyze and resolve complex problems; may take a new perspective on existing solution. Breadth of Knowledge: Has advanced knowledge within a professional area and basic knowledge across related areas. Team Interaction: Acts as a “go-to” resource for colleagues with less experience; may lead small project teams.

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