Financial Analyst III-Hybrid

Posted Yesterday
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Rochester, MN, USA
Hybrid
Senior level
Healthtech
The Role
Support organizational financial performance by monitoring productivity, performing variance analyses, developing reporting tools, and partnering with operational leaders. Ensure data integrity via ledger reviews and reconciliations, provide advanced financial and compliance analysis, lead cross-functional projects, mentor staff, and recommend opportunities to improve efficiency and margins.
Summary Generated by Built In

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 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 in Accounting or Finance plus minimum 6 years applicable accounting or finance experience
  • Other business-related bachelor's degree with minimum 9 years applicable accounting or finance experience
  • Master's degree in accounting or finance, MBA, MHA, CPA (active or inactive), CMA or CIA can substitute for one year of experience
  • Professional designation such as CPA or CMA
  • 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 to address departments running below target
  • Experience using cross-department or multi-site comparisons to identify productivity improvement opportunities
  • Advanced understanding of accounting and finance practices
  • Advanced knowledge of Microsoft Word, Excel and Outlook
  • Advanced knowledge of large accounting and/or grant management systems
  • Advanced investigational skills, attention to detail, and ability to manage and prioritize multiple tasks
  • Demonstrable communication and presentation skills; ability to work independently and lead projects and activities

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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