Mayo Clinic

Financial Analyst III-Hybrid

Mayo Clinic$80K — $110K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting or Finance (6 years experience); other business degrees require 9 years experience.
  • Master's degree or professional designations (CPA, CMA) can substitute for one year of experience.
  • Advanced understanding of accounting and finance practices.
  • Advanced knowledge of Microsoft Office Suite, especially Excel.
  • Solid customer-service skills with the ability to understand and address needs timely.

Responsibilities

  • Monitor productivity metrics and analyze variances to support financial performance.
  • Review biweekly productivity reports and collaborate with leadership to rectify performance gaps.
  • Serve as a liaison between Finance and operations with data-driven insights for decision-making.
  • Develop and maintain financial reporting tools to enhance efficiency and cost-effectiveness.
  • Mentor and train staff while leading multi-disciplinary projects.

Benefits

  • Hybrid work model with partial remote flexibility.
  • Opportunities for professional development and continued education.
  • Collaboration with experienced leadership and operational teams.
  • Engagement in decision-making and strategic initiatives within the organization.
Full Job Description
Job Description

This position is a Hybrid position requiring partial time remote and partial time on-site at one of the Mayo Clinic or Mayo Clinic Health System Sites. Applicants must be within a 100-mile commutable distance from a Mayo Clinic or Mayo Clinic Health System Site. Expected on-site days will be determined by the hiring manager based on defined business needs.

This role supports organizational financial performance by monitoring productivity, analyzing variances, and partnering with operational leaders to ensure departments meet established targets. Responsibilities include reviewing biweekly productivity reports, conducting variance analyses across locations, and collaborating with leadership to address performance gaps and identify best practices. The analyst provides clear, data-driven insights to support decision-making, serves as a liaison between Finance and operations, and drives continuous improvement through the development of reporting tools, identification of systemic issues, and incorporation of industry benchmarks to enhance efficiency and cost-effectiveness.

Assures the integrity of 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 and a minimum of 6 years applicable experience in accounting or finance is required.

Other business-related bachelor's degrees require a minimum of 9 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.

Professional designation such as CPA (active or inactive) or CMA is preferred.

Preferred productivity experience:
  • Hands-on experience reviewing hours-per-unit-of-service or similar productivity metrics and explaining results to operational leaders.
  • Experience performing productivity variance analysis and supporting leaders in addressing departments running below target.
  • Experience using cross-department or multi-site comparisons to identify productivity improvement opportunities.


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.

**This vacancy is not eligible for sponsorship / we will not sponsor or transfer visas for this position.

During the selection process, you may participate in an OnDemand (pre-recorded) interview that you can complete at your convenience. During the OnDemand interview, a question will appear on your screen, and you will have time to consider each question before responding. You will have the opportunity to re-record your answer to each question - Mayo Clinic will only see the final recording. The complete interview will be reviewed by a Mayo Clinic staff member and you will be notified of next steps.

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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