Mayo Clinic

Finance Analyst III, 340B

Mayo Clinic$88K — $105K *
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting or Finance; additional years of experience required for other business-related degrees.
  • Preferred professional certifications: CPA (active or inactive) or CMA.
  • Minimum six years of relevant experience in accounting or finance (nine years if degree is non-finance).
  • Master's degree in related fields can substitute for one year of experience.
  • Advanced knowledge of accounting principles and large financial systems.

Responsibilities

  • Ensure accuracy of 340B financial data through detailed reviews and reconciliations.
  • Lead and support financial activities within multi-disciplinary teams.
  • Develop tailored financial reporting and insights with significant institutional impact.
  • Interpret and apply accounting standards and compliance regulations rigorously.
  • Identify financial improvement opportunities while upholding Mayo standards.
  • Provide advanced analytical support to leadership for informed decision-making.
  • Mentor and train staff while facilitating cross-functional projects.

Benefits

  • Hybrid work flexibility with occasional on-site requirements.
  • Work in a highly reputable multi-specialty academic medical center.
  • Opportunity to be recognized as a subject matter expert in finance.
  • Engage in professional growth through mentorship and team leadership opportunities.
Full Job Description
Job Description

This is a hybrid position and must be located within 100 miles of a Mayo Clinic campus for occasional on-site expectations based on business needs.

This is the third in a series of four finance analyst roles in a multi-site, multi-specialty academic medical center. Assures the integrity of 340B-related financial and statistical data, via preparation or review of general ledger entries, reports, schedules, worksheets, reconciliations or other analysis. Provides leadership in a team environment supporting division and departmental activities. Actively communicates and presents information to various audiences. Uses reporting tools to develop unique management financial information with significant institutional impact. Is recognized and relied upon as a subject matter expert of a finance, accounting or compliance technical area. Develops, implements, and maintains programs and tools for financial reporting. Interprets and implements accounting rules, fiscal compliance, policies and regulations. Proactively identifies opportunities and recommends options for increasing financial margins, while preserving Mayo standards and minimizing the financial and legal risks to Mayo. Develops variable-sensitive business models and/or compliance or fiscal management tools. Provides advanced analytical, financial, accounting, and compliance support to department and institutional leadership. Mentors, coaches, and trains staff. Actively participates in decision-making. Leads and facilitates multi-disciplinary workgroups or projects.

Qualifications

Bachelor's degree with an emphasis in Accounting or Finance. Professional designation such as CPA (active or inactive) or CMA is preferred. If degree is in Accounting or Finance, minimum of six years applicable experience in accounting or finance is required. Other business-related bachelor's degrees require a minimum of nine years of applicable accounting or finance experience. A master's degree in accounting or finance, a MBA, MHA, CPA (active or inactive), CMA or CIA can be substituted for one year experience.

Has an advanced understanding of accounting and finance practices. Has advanced knowledge of Microsoft applications including Word, Excel and Outlook. Advanced investigational skills, shows attention to detail, accuracy and ability to manage and prioritize multiple tasks. Solid customer-service skills; anticipates, understands and addresses customer needs in a timely manner. Advanced knowledge of large accounting and/or grant management systems. Ability to work in a team environment and develop constructive working relationships with others. Demonstrable communication and presentation skills. Ability to work independently and lead projects and activities. Possess initiative, analytical skills, and an ability to operate with a high level of productivity.

Preferred Qualifications
  • Prior 340B experience preferred.
  • Prior pharmacy and/or finance analyst experience preferred.
  • Prior experience working with Epic and 340B TPAs preferred.
  • Apexus 340B ACE certification preferred, required within 12 months of hire.

Authorization to work and remain in the United States, without necessity for Mayo Clinic sponsorships now, or in the future (for example, be a U.S. Citizen, national, or permanent resident, refugee, or asylee). Mayo Clinic does not participate in the F-1 STEM OPT extension program.

About Mayo Clinic

Mayo Clinic is a nonprofit academic medical center based in Rochester, Minnesota, focused on integrated clinical practice, education, and research. It employs more than 4,500 physicians and scientists and 58,400 administrative and allied health staff. The practice specializes in treating difficult cases through tertiary care and destination medicine. It is home to the Mayo Clinic College of Medicine and Science, which includes a medical school and research programs. Mayo Clinic has a large presence in three U.S. metropolitan areas: Rochester, Minnesota; Jacksonville, Florida; and Phoenix, Arizona. It also has several affiliated hospitals and clinics elsewhere in the United States and around the world.
Learn more about Mayo Clinic
Size
74,000 employees
Industry
Founded
1919

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