Financial Manager

Title: Financial Manager

Requisition Number: JR10012042

Remote Type: Hybrid

Location: Madison, Wisconsin

Category: Financial

Time Type: Full time

Job Description:

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Job Category:

Academic Staff

Employment Type:

Regular

Job Profile:

Financial Manager

Job Summary:

The University of Wisconsin-Madison Wisconsin State Lab of Hygiene (WSLH) is comprised of 26 clinical and non-clinical public health laboratories. WSLH performs both research and fee-for-service testing. Under the general supervision of the Director of Finance, this position manages the business functions and overall operations of the Accounts Receivables (AR) Unit. This position works independently with a high degree of discretion in resolving AR program and financial issues.

This position oversees the WSLH revenue cycle, including grants administration and accounts receivable, including revenue related contracts. This unit is responsible for $50 million per year in grants and account billings related to research, laboratory test, and services. This position currently supervises three staff.

Primary responsibilities of this position include providing leadership in the efficient and effective processing of clinical and non-clinical billing and clinical and non-clinical grants from a wide range of customers.

This position will work directly with billing software vendors to ensure the continuous update and efficient operation of the billing systems. This position will also work with WSLH managers to ensure that WSLH bills all tests and services correctly and that WSLH fee schedules are accurate and updated.

As a leader in the organization, this position will develop appropriate and effective systems of communication and feedback with staff, other WSLH Managers, and all customers of the Accounts Receivable unit. This position will work closely with staff to develop effective collaborative processes which ensure the integrity of WSLH billing, and an environment of shared compliance with various federal and state regulations.

This position will be 100% onsite for initial training. Remote working opportunities will be established with the Director upon hire and successful completion of training.

Key Job Responsibilities:

• Recommends, interprets, disseminates, and implements unit-focused fiscal policies and procedures, ensuring compliance with established rule, regulations and financial guidelines - 30%
• Participates in the development, maintenance, and monitoring of automated financial information systems - 10%
• Analyzes financial information and makes recommendations to unit leadership - 5%
• Serves as a subject matter expert to unit leadership regarding financial operations, status and reporting, and recommends process improvements - 10%
• May exercise supervisory authority, including hiring, transferring, suspending, promoting, managing conduct and performance, discharging, assigning, rewarding, disciplining, and/or approving hours worked of at least 2.0 FTE or equivalent employees - 25%
• Identifies, verifies, and audits financial charges, credits, and authorizes payments - 20%

Department:

Wisconsin State Laboratory of Hygiene - Administration - Finance

Compensation:

Minimum Salary - $90,000

Employees in this position can expect to receive benefits such as generous vacation, holidays, and paid time off; competitive insurances and saving accounts; retirement benefits.

Required Qualifications:

• Prior experience working in public sector
• Prior experience supervising multiple staff
• Knowledge of accounting, finance, or related areas
• Proficiency with Excel or another spreadsheet software
• Experience working with complex automated accounting systems and processes
• Excellent communication skills with the ability to collaborate effectively with colleagues, staff, students, and other stakeholders

Preferred Qualifications:

• Demonstrated problem solving decision-making ability within a team environment.
• Skills in managing multiple, complex activities and projects simultaneously.
• Experience in Workday
• Ability to develop and implement policies and procedures

Education:

Associate's or Bachelor's degree preferred, or equivalent experience.