Senior Financial Analyst

Job Description

Join a world-class academic healthcare system, UChicago Medicine, as the Senior Financial Analyst for Ingalls Memorial Hospital in Harvey, Illinois. 

The Sr. Financial Analyst position plays an integral role in assisting the management team in developing, implementing and monitoring strategic decisions.  You will collaborate closely with the management team by providing objective data and analysis that enables leadership to surface issues, make informed decisions, and achieve strategic goals.  Provides timely, accurate and informative analyses of the current status and forecasting results of operations, including clinical activity, revenues and expenses.  Works collaboratively within a cross-functional team to develop and maintain labor management and productivity systems - partnering with clinical operations  to drive financial performance and proactively ensure the fiscal health of the organization.

The Financial Analyst measures strategic and operational performance and targets and communicates routinely to management.  The Financial Analyst will oversee decision support and POP Health Analytics and is responsible for the direction and oversight of analytics, reporting and research to support clinical, financial, and user reporting, product development and business and financial strategy.  The successful candidate will be a strategic finance and business partner to the enterprise who will drive operational excellence and optimize financial performance while maintaining the highest standards of patient care at Ingalls Memorial Hospital.

This is a hybrid position based in Harvey, Illinois, with the expectation that that you will be onsite 2-4 days weekly.

Who you are:

• Bachelor’s degree in Business, Finance, or Accounting required.  Advanced degree in in IT/Data Management preferred.
• 5 years of hospital Finance, Decision Support, and/or Population Health Analytics preferred from a standalone facility within a large corporation or complex healthcare system.
• Advanced knowledge of labor productivity standards, revenue cycle performance, and hospital financial plans including operating and capital budgets are essential.
• A sound knowledge of healthcare accounting, finance and cost controls with skills in business acumen, strategic planning, organizational assessment, highly developed leadership and quantitative analytic abilities.
• Experience developing reports using Cyrstal or an equivalent model. Ability to analyze information, present data, and draw conclusions by applying analysis techniques, using data to drive positive performance.
• Advanced interpersonal skills with the ability to work effectively and exercise a high degree of diplomacy, discretion and collaboration in dealing with constituencies at various levels of the organization.
• Excellent verbal, written, and presentation skills. Ability to speak articulately and to answer difficult questions with confidence.
• Effective ability to bring clarity to complex issues and coach problem-solving techniques is essential, along with the ability to model a creative and proactive ‘can-do’ attitude.
• An individual of unquestioned integrity and moral character who represents the values of the organization.
• Strong knowledge of Microsoft products, especially Excel and Access.  Fluent in ERP/financial software systems required, including Oracle Cloud, and ability to harness information for PowerPoint presentations and insights.

What you’ll gain as the Sr. Financial Analyst: 

• Opportunity to work at a world-class organization, engaging numerous stakeholders, with the mission to help the organization achieve high performance outcomes.
• Transform financial performance and community health within an academic medical center that positively impacts the organization.
• Partners with leaders in the organization to develop and execute operational, quality and strategic long-term plans with a relentless pursuit for excellence.

What you’ll do as the Sr. Financial Analyst:   

• Partners with operations to achieve goals of the organization, which may include budget training, data support, performance improvement initiatives, and productivity training.
• Provides timely, accurate and informative analyses of the current status and forecasting results of operations including clinical activity, revenues and expenses. 
• Works in collaboration with various departments in the development and implementation of the Labor productivity system. 
• Performs monthly business reviews with leaders to understand departmental operations, identify barriers to success, and provide data support to leaders to drive operational improvement.
• Works collaboratively with other areas on the development of both internal and external business plans for inclusion in the long-term financial forecasts.  Oversees business plans including the current year operating budget.
• Supports the System Vice President and Service Line Leaders in developing and setting the financial strategy and direction for UCM operations in Harvey, IL and Crown Point, IN to drive financial performance.
• Work closely with departmental leaders by acting as a strategic partner to assist with budget preparation, while providing ongoing communication of financial, productivity, resource utilization performance, leakage, KPIs to benchmark variance review along with other financial performance indicators.
• Foster efforts to positively impact the organization’s visibility, image, and relationship with its surrounding community.
• Creates and promotes a positive and supportive work culture.

Why Join Us

We’ve been at the forefront of medicine since 1899. We provide superior healthcare with compassion, always mindful that each patient is a person, an individual. To accomplish this, we need employees with passion, talent and commitment… with patients and with each other. We’re in this together: working to advance medical innovation, serve the health needs of the community, and move our collective knowledge forward. If you’d like to add enriching human life to your profile, UChicago Medicine is for you. Here at the forefront, we’re doing work that really matters. Join us. Bring your passion.

UChicago Medicine is growing; discover how you can be a part of this pursuit of excellence at: UChicago Medicine Career Opportunities.

UChicago Medicine is an equal opportunity employer.  We evaluate qualified applicants without regard to race, color, ethnicity, ancestry, sex, sexual orientation, gender identity, marital status, civil union status, parental status, religion, national origin, age, disability, veteran status and other legally protected characteristics.

Must comply with UChicago Medicine’s COVID-19 Vaccination requirement as a condition of employment. If you have already received the vaccination, you must provide proof as part of the pre-employment process. This is in addition to your compliance with the Flu Vaccination requirement as well. Medical and religious exemptions will be considered consistent with applicable law. Lastly, a pre-employment physical, drug screening, and background check are also required for all employees prior to hire.

Compensation & Benefits Overview

UChicago Medicine is committed to transparency in compensation and benefits.  The pay range provided reflects the anticipated wage or salary reasonably expected to be offered for the position.

The pay range is based on a full-time equivalent (1.0 FTE) and is reflective of current market data, reviewed on an annual basis. Compensation offered at the time of hire will vary based on candidate qualifications and experience and organizational considerations, such as internal equity. Pay ranges for employees subject to Collective Bargaining Agreements are negotiated by the medical center and their respective union.

Review the full complement of benefit options for eligible roles at Benefits - UChicago Medicine.