| Job Description: |
The Financial Analyst IV serves as the expert in financial management and regulatory compliance for Graduate Medical Education (GME) within the College of Medicine. This role oversees complex budgeting, reporting, and financial analysis processes, ensuring alignment with institutional, state, and federal regulations, including CMS, Medicaid, and VA requirements. The incumbent is responsible for managing multi-source funding allocations, developing long-term financial strategies, and providing high-level guidance on compliance and operational efficiency. As the subject matter expert, the Financial Analyst IV collaborates with internal stakeholders and external partners such as Shands and the VA to mitigate risks, implement process improvements, and safeguard the financial integrity of the institution.
About This Role:
Strategic Financial Oversight and Budget Management
- Lead the development, oversight, and reconciliation of multi-source GME budgets, including stipends, payroll distributions, and funding allocations for Shands, VA, and other stakeholders.
- Develop financial models to project funding needs and long-term cash flow, ensuring alignment with institutional and regulatory guidelines.
- Analyze financial trends and provide actionable recommendations to the Director of GME and leadership for strategic decision-making.
Regulatory Compliance and Reporting
- Serve as the subject matter expert for CMS, Medicaid, and VA compliance, ensuring all financial processes adhere to regulatory standards.
- Oversee the preparation and submission of complex financial reports, including IRIS for Medicaid, SIP, and VA invoicing and reconciliation.
- Conduct periodic audits and reviews of financial data and reporting workflows to identify risks and ensure accuracy and compliance.
Stakeholder Collaboration and Relationship Building
- Collaborate with Shands, VA, and COM Jacksonville finance teams to ensure seamless communication and alignment on funding agreements, reporting, and reconciliation
- processes.
- Act as the primary liaison for external auditors and regulatory bodies, representing GME in reviews and compliance discussions.
- Build partnerships with program coordinators and department administrators to align financial practices with institutional goals.
Process Improvement and Policy Development
- Design and implement process improvements to streamline financial workflows, reduce risks, and enhance operational efficiency.
- Develop, interpret, and recommend policies and procedures related to budgeting, reporting, and compliance for GME programs.
- Provide expert-level guidance and training to program coordinators and administrative staff on financial practices and reporting requirements.
VA Invoicing and Reconciliation
- Oversee the preparation and submission of VA invoicing and quarterly reconciliation processes, ensuring accuracy and compliance with contractual obligations.
- Analyze rotation schedules and funding allocations in New Innovations to validate invoicing accuracy and resolve discrepancies.
- Monitor and manage VA-related data workflows, ensuring proper allocation and reporting of funds.
About the College of Medicine:
The University of Florida's College of Medicine is committed to advancing health through education, research, and patient care. With a focus on innovation and excellence, the college prepares future healthcare leaders through a rigorous curriculum that combines basic sciences with hands-on clinical experience. The College of Medicine emphasizes interdisciplinary collaboration and community engagement, fostering and environment where students, faculty, and staff work together to improve healthcare outcomes. The College is home to cutting-edge research initiatives and state-of-the-art facilities, providing an exceptional training ground for aspiring medical professionals. Dedicated to enhancing the health of diverse populations, the College of Medicine plays a pivotal role in shaping the future of medicine.
For more information about the College of Medicine and its programs, visit College of Medicine.
We Offer Exceptional Benefits:
- Low-cost State Health Plans: Medical, Dental, and Vision Insurance
- Life and Disability Insurance
- Generous Retirement Options to secure your future
- Comprehensive Paid Time Off Packages: Includes over 10 paid holidays, as well as paid family, sick and vacation leave
- Exceptional Personal and Professional Development Opportunities: Access to UF Training & Organizational Development programs, leadership development, LinkedIn Learning, and more
- Tuition Assistance through the UF Employee Education Program
- Public Service Loan Forgiveness (PSLF) Eligible Employer
About Gainesville, Florida:
Home to the University of Florida, one of the nation's top public universities, Gainesville offers vibrant academic and healthcare communities alongside an affordable cost of living, no state income tax, and mild winters. Enjoy the outdoors with over 30 miles of bike trails, freshwater springs, and numerous water activities, plus easy access to beaches and world-class theme parks.
Gainesville combines historic charm with modern amenities, including a great school system, a lively downtown, and a thriving local culture with farmers' markets and craft breweries. Discover professional growth and quality of life in Gainesville—where community, innovation, and work-life balance meet!
For more information, check out: The Guide to Greater Gainesville and Explore Gainesville in 60 seconds
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| Preferred Qualifications: |
The ideal candidate will possess:
- Bachelor’s degree in business administration, healthcare administration, accounting, finance, or a related field; or equivalent experience.
- At least 6–8 years of experience in financial management, reporting, or analysis, preferably in a healthcare or academic setting.
- Experience or familiarity with graduate medical education (GME) financing mechanisms in the United States, including Medicare GME reimbursement, direct and indirect medical education (DME/IME) payments, and funding sources for residency and fellowship programs.
- Advanced proficiency in Microsoft Excel and financial reporting systems.
- Strong analytical skills with a proven ability to handle complex financial data with precision.
- Knowledge of compliance standards for CMS, Medicaid, VA, and related regulations.
- Excellent interpersonal and communication skills for collaborating with diverse stakeholders.
- Demonstrated ability to implement process improvements and strategic financial planning.
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