Finance Analyst III, 340B

Posted Yesterday
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Rochester, MN, USA
In-Office
Senior level
Healthtech
The Role
Leads advanced financial, accounting, compliance, and 340B analysis for a multi-site academic medical center. Ensures data integrity, prepares reconciliations and reports, develops financial models and reporting tools, interprets regulations, supports leadership decisions, identifies margin opportunities, minimizes risk, and leads cross-functional projects. Mentors staff and presents information to diverse audiences.
Summary Generated by Built In

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 Us
Why Mayo Clinic

Mayo Clinic is top-ranked in more specialties than any other care provider according to U.S. News & World Report. As we work together to put the needs of the patient first, we are also dedicated to our employees, investing in competitive compensation and comprehensive benefit plans – to take care of you and your family, now and in the future. And with continuing education and advancement opportunities at every turn, you can build a long, successful career with Mayo Clinic.

Benefits Highlights
  • Medical: Multiple plan options.
  • Dental: Delta Dental or reimbursement account for flexible coverage.
  • Vision: Affordable plan with national network.
  • Pre-Tax Savings: HSA and FSAs for eligible expenses.
  • Retirement: Competitive retirement package to secure your future.
About the Team
Just as our reputation has spread beyond our Minnesota roots, so have our locations. Today, our employees are located at our three major campuses in Phoenix/Scottsdale, Arizona, Jacksonville, Florida, Rochester, Minnesota, and at Mayo Clinic Health System campuses throughout Midwestern communities, and at our international locations. Each Mayo Clinic location is a special place where our employees thrive in both their work and personal lives. Learn more about what each unique Mayo Clinic campus has to offer, and where your best fit is. 

Equal Opportunity

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender identity, sexual orientation, national origin, protected veteran status or disability status. Learn more about the "EOE is the Law".  Mayo Clinic participates in E-Verify and may provide the Social Security Administration and, if necessary, the Department of Homeland Security with information from each new employee's Form I-9 to confirm work authorization.

Skills Required

  • Bachelor's degree with an emphasis in Accounting or Finance
  • Six years of applicable accounting or finance experience with an Accounting or Finance bachelor's degree
  • Nine years of applicable accounting or finance experience with another business-related bachelor's degree
  • Advanced understanding of accounting and finance practices
  • Advanced knowledge of Microsoft Word, Excel, and Outlook
  • Advanced investigational skills, attention to detail, accuracy, and ability to prioritize multiple tasks
  • Advanced knowledge of large accounting and/or grant management systems
  • Communication and presentation skills
  • Ability to work independently and lead projects and activities
  • Prior 340B experience
  • Prior pharmacy and/or finance analyst experience
  • Experience with Epic and 340B third-party administrators
  • Apexus 340B ACE certification
  • Apexus 340B ACE certification within 12 months of hire
  • Authorization to work and remain in the United States without employer sponsorship

Mayo Clinic Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Mayo Clinic and has not been reviewed or approved by Mayo Clinic.

  • Retirement Support A no-cost pension plus an employer-matched 403(b)/401(k) is positioned as a standout differentiator, offering strong long-term financial security. Feedback suggests this retirement combination elevates overall total rewards even when base pay is moderate.
  • Healthcare Strength Expanded medical networks, enhanced fertility coverage, and employer absorption of a plan year’s premium increases point to robust healthcare offerings. Feedback suggests annual updates maintain breadth and competitiveness of coverage.
  • Parental & Family Support Adoption assistance, dependent scholarships, child and elder-care resources, and EAP services provide meaningful family-oriented support. Feedback suggests these programs add tangible value beyond salary alone.

Mayo Clinic Insights

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The Company
HQ: Rochester, MN
54,000 Employees

What We Do

Mayo Clinic is the first and largest integrated, not-for-profit medical group practice in the world. Doctors from every medical specialty work together to care for patients, joined by common systems and a philosophy of "the needs of the patient come first."​ More than 3,800 physicians and scientists and 50,900 allied health staff work at Mayo Clinic, which has sites in Rochester, Minn., Jacksonville, Fla., and Scottsdale/Phoenix, Ariz. Mayo Clinic also serves over 70 communities through Mayo Clinic Health System with locations in MN, IA, and WI. Collectively, these locations care for more than 1 million people each year.

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