Financial Analyst, UCM Medical Group, Full Time, Days

UChicago Medicine; Illinois; Hybrid; USD 65,000 - 90,000; Full time

Job summary

UChicago Medicine Care Network is seeking a Financial Analyst to provide day-to-day financial analytics and reporting for the medical group. The role supports physician compensation modeling, monthly reporting, budgeting, and KPIs, with a flexible remote arrangement and onsite presence at Burr Ridge, IL three days per week.

Reporting to the Medical Group Finance Manager, you will collaborate across departments, develop financial insights, and help drive financial performance while using Tableau

Qualifications

• Bachelor’s degree in Business, Health Care Administration, or related field.
• Fluent in Excel, MS Office and SQL.
• Strong analytical, communication and relationship management skills.
• Experience in healthcare finance and physician compensation is a plus.

Responsibilities

• Prepare and distribute monthly financial reporting to medical group leadership.
• Biweekly, monthly, quarterly and annual preparation of physician compensation calculations.
• Prepare and support annual physician compensation models and related analytics.
• Participation in the annual financial plan and budget development.
• Support Monthly Operating Reviews (MORs) with practice managers to drive financial performance.
• Maintain and improve department BI reporting, including Tableau.

Skills

Financial analytics

Data modeling

Excel

SQL

Tableau

BI reporting

Communication

Time management

Education

Bachelors in Business/Health Care Admin

Tools

Tableau

Power BI

SQL Server

Job description

Job Description

Be a part of a world-class academic healthcare system at

Job Description

Be a part of a world-class academic healthcare system at UChicago Medicine Care Network as a Financial Analyst. This position will be primarily a work from home opportunity with the requirement to come onsite as needed. You may be based outside of the greater Chicagoland area. This is a flexible remote opportunity with the requirement to come onsite to our Burr Ridge, IL location 3 times per week.

The Decision Support / Financial Analyst of the UCM Medical Group will report to the UCM Medical Group Manager of Finance and will provide day to day support including financial analytics and related reporting to medical group leadership to support management decision making to drive overall financial performance. The analyst will also support the preparation of monthly financial reports and key performance indicators, support physician compensation and modeling, participation in the annual budget cycle and provide as needed adhoc analysis upon request. This role is critical to the financial success of the Community Medical Group.

Essential Job Functions

• Prepare and distribute standard monthly financial reporting to medical group leadership to provide clarity of financial performance for the medical group.
• Biweekly, monthly, quarterly and annual preparation of variable physician compensation calculations to ensure accurate and timely payment of physician compensation and productivity bonuses.
• Prepare and support annual physician compensation models and related financial analytics.
• Participation in the preparation of the annual financial plan and budget including the development of volume and revenue budgets, annual operating expenses and related reporting
• Support the preparation of Monthly Operating Reviews (MORs) with practice managers to drive line of site on financial performance and provide education and training as needed.
• Supports the maintenance and improvement of department business applications including physician compensation reporting from Tableau and Business Intelligence (BI).

Required Qualifications

• 0-2 years’ experience in finance at a healthcare system, preferably an academic healthcare system
• Analytics – This person will be performing a range of basic to complex financial analytics and data modeling. Microsoft Office Suite (Excel, Word, and PowerPoint) used daily as well as other financial systems.
• Project Management – This person should be familiar with project management concepts as they will be managing one major project and playing a key role in others.
• Customer Service – The team provides a service to the entire hospital, and as such it is important that we engage in a way that builds trust and engagement. Strong relationship management and interpersonal skills.
• Ability to balance multiple priorities and meet deadlines.
• Ability to grasp/understand technical concepts and applications.
• Strong analytical, problem solving and communication skills.
• Ability to learn quickly and work both independently and as part of a team.
• Strong service orientation and communication skills required
• Advanced interpersonal skills with the ability to work effectively and exercise a high degree of diplomacy, discretion and collaboration in dealing with constituencies at all levels
• Excellent oral and written communication skills are required
• Experience in the development, implementation and ongoing utilization of automated budget/financial systems and BI reporting platforms is desired
• Fluent in excel, MS Office and SQL
• Bachelor’s degree in Business, Health Care Administration, or related field, with relevant financial

Position Details

• Job Type/ FTE: Full-Time; 1.0 FTE
• Shift: Days
• Unit/Department: Finance
• Work Location: Flexible Remote- Burr Ridge, IL (In office three days a week)
• CBA Code: Non-Union

About 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.

As a condition of employment, all employees are required to complete a pre-employment physical, background check, drug screening, and comply with the flu vaccination requirements prior to hire. Medical and religious exemptions will be considered for flu vaccination consistent with applicable law.

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 .