Job Description

Financial Analyst

Requisition IDreq7142
Working TitleFinancial Analyst
Position Grade14
Position Summary

The Financial Analyst for Restricted Accounting is responsible for developing financial, accounting, and grant support services for the Department of Internal Medicine (DOIM) and its respective divisions and research centers.

This position, under minimal supervision, will be responsible for all financial aspects of Internal Medicines Restricted Accounting. This includes performing complex analyses, assisting Principal Investigators (PI’s) with managing spending (including grants and endowments), ensuring proper compliance, variance analysis, and reporting. The position will be required to design and implement processes that will provide timely and accurate financial statements, progress reporting, effort certifications, and final close-out reporting. The Financial Analyst is also responsible for managing the departmental pre and post-award processes to ensure timely and efficient submissions are being completed and within institutional compliance.

The role of the Financial Analyst will be heavily focused on operational efficiencies and reporting, specific to budgeting, compliance, reporting and variance analysis. This position will report directly to the DOIM Accounting Manager and will work in close collaboration with both the Health Science Center (HSC) HSC Grants and Contracts Office and School of Medicine (SOM) Financial Services to accurately account for project costs, thoroughly analyze variances to budget, and clearly communicate these results to DOIM management.

Essential Functions:

  • Planning, organization, and coordination of the departmental centralized operational and transaction support functions relating to financial reporting for the DoIM grant and contract portfolios. Including preparation of annual and project budgets, revenue forecasting/projections, and estimating any carry-over funds from one year to the next.
  • Direct and manage the daily administrative and financial functions of contract and program projects, while integrating processes that will provide both short and long-range strategic planning specific to restricted operations.
  • Coordinate with key personnel at all levels of the Department to support appropriate and timely expenditure of grant funds in compliance with applicable guidelines and budget deadlines
  • In coordination with the Accounting Manager, implement and oversee processes that enhance transactional review while monitoring compliance to regulations, policies and procedures.
  • Communicate regularly with DOIM leadership including, but not limited to, Division Chiefs, PI, and Administrators informing them of financial status of their respective projects.
  • Perform ad-hoc financial analysis in response to requests or to provide support to various programs.
  • Design and implement periodic compliance review processes specific to grant-funded projects.
  • Develops positive working relationships to foster a collaborative environment for grant coordination and oversight.
  • Attend professional development training and stay abreast of the Office of Management and Budget (OMB) Circulars and their applicability to grant management, related audit, federal regulations, state laws and university policies.
  • Other related duties as assigned.

The Department of Internal Medicine is a large, progressive department with a diverse staff working in dedicated teams to provide quality work in an organized, effective and efficient manner through innovation, training, and education. Through our collaborative work effort, we support the faculty and enhance the missions of the department, school, Health Sciences Center and University.

See the Position Description for additional information.

Conditions of Employment
Minimum Qualifications

Bachelor's degree; at least 3 years of experience directly related to the duties and responsibilities specified.

Completed degree(s) from an accredited institution that are above the minimum education requirement may be substituted for experience on a year for year basis.

Preferred Qualifications
  • Bachelor’s Degree in Finance or Accounting plus 3-5 years of relevant, progressively responsible experience, preferably with experience in budgeting, forecasting and financial reporting.

  • At least 2 years general accounting experience or equivalent experience managing grants. This should include processing complex financial transactions, ensuring compliance with legal and contractual requirements, recordkeeping and preparation of monthly, quarterly and/or annual reporting.

  • Ability to analyze, evaluate and summarize financial records for accuracy and conformance to procedures, rules and regulations.

  • Strong analytical, presentation, communication and problem solving skills.

  • Knowledge of federal grants and regulations typically acquired with three to five years related experience.

  • Ability to succinctly and effectively communicate financial information

  • Familiarity with accounting fundamentals.

  • Knowledge and demonstrated experience with MS Office package software applications with advanced skills using Microsoft Excel and Access

  • Capable of managing numerous simultaneous projects.

  • Good organizational, verbal and written communication skills as well as ability to multi-task are essential.

Additional Requirements
CampusHealth Sciences Center (HSC) - Albuquerque, NM
DepartmentIM Central Administration (852B)
Employment TypeStaff
Staff TypeRegular - Full-Time
Term End Date
Pay$3,956.33/MO - $5,924.53/MO DOE
Benefits EligibleThis is a benefits eligible position. The University of New Mexico provides a comprehensive package of benefits including medical, dental, vision, and life insurance. In addition, UNM offers educational benefits through the tuition remission and dependent education programs. See the Benefits home page for a more information.
ERB StatementTemporary and on-call employees working an appointment percentage of 26 (.26 FTE) or greater, per quarter, will be eligible to earn retirement service credits and thus are required to make New Mexico Educational Retirement Board (NMERB) contributions. More information pertaining to your FTE and NMERB contributions can be reviewed on the NMERB Guidelines Clarified webpage.
Background Check RequiredNo
For Best Consideration Date12/6/2018
Application InstructionsA complete application includes:

1)Cover Letter detailing your directly related experience


Positions posted with a Staff Type of Regular or Term are eligible for the Veteran Preference Program. See the Veteran Preference Program webpage for additional details.

The University of New Mexico is committed to hiring and retaining a diverse workforce. We are an Equal Opportunity Employer, making decisions without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, veteran status, disability, or any other protected class.

Application Instructions

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