Manager, Financial Planning and Analysis

NorthShore University HealthSystem; Warrenville (IL); Hybrid; USD 107,058 - 165,942; Full time

Job summary

NorthShore University HealthSystem in Warrenville, IL seeks a Manager of Financial Planning and Analysis to lead budgeting, forecasting, and performance analysis across the organization.

You will partner with senior leaders, manage a team of analysts, ensure regulatory compliant financial reporting, and drive cost optimization and revenue enhancement through robust financial models.

Qualifications

• Oversee financial planning, budgeting, forecasting and analysis.
• Collaborate with departments to develop budgets and monitor performance.
• Communicate financial insights to executives.
• Mentor and develop a team of financial analysts.

Responsibilities

• Lead the development of the annual budget with department heads to align with goals.
• Monitor budget performance and report to senior leadership.
• Analyze financial data, KPIs and trends for actionable insights.
• Prepare financial reports, variances, and forecasts for decision-making.
• Collaborate with leadership on long-term financial strategies and cost optimization.

Skills

Financial planning

Budgeting

Forecasting

Financial analysis

Team leadership

Communication

Regulatory compliance

Audits

Education

Bachelor's Degree Required

Master's Degree Preferred

Tools

Financial planning software

Job description

Hourly Pay Range

$51.47 - $79.78 - The hourly pay rate offered is determined by a candidate's expertise and years of experience, among other factors.

Position Highlights

• Position: Manager, Financial Planning and Analysis
• Location: Warrenville, IL
• Full Time
• Hours: Monday-Friday, 8am - 4:30pm
• Hybrid schedule 3 days in office, 2 days at home
• Required Travel: n/a

Job Summary

As the Manager of Financial Planning and Analysis, you will be responsible for overseeing financial planning, budgeting, forecasting, and analysis activities. You will collaborate with various departments to develop budgets, monitor financial performance, and provide valuable insights to guide strategic decisions. This role requires strong financial acumen, analytical skills, and the ability to communicate financial information effectively.

This role will have a primary focus on supporting the Endeavor Health Research Institute and the 5 Philanthropic Foundations across the organization, among other duties as listed.

What you will do

• Leading the development of the annual budget, working closely with department heads to ensure alignment with organizational goals and priorities.
• Monitoring budget performance and providing regular updates to senior leadership.
• Analyzing financial data, key performance indicators, and trends to provide actionable insights.
• Preparing financial reports, variance analyses, and forecasts to support decision-making.
• Collaborating with senior leadership to develop long-term financial strategies and identify opportunities for cost optimization and revenue enhancement.
• Overseeing the collection, organization, and maintenance of financial data, ensuring accuracy and consistency.
• Implementing and managing financial planning software tools as needed.
• Developing and maintaining financial models to assess the impact of various scenarios on financial performance.
• Preparing and presenting financial reports and analysis to hospital executives and department managers, highlighting key findings and recommendations.
• Identifying opportunities to streamline financial planning and analysis processes, enhance financial controls, and improve efficiency.
• Ensuring compliance with regulatory requirements and financial reporting standards.
• Coordinating with auditors during annual financial audits.
• Supervising and mentoring a team of financial analysts.
• Providing guidance, training, and support to ensure the department's effectiveness and growth.

What you will need

• Education: Bachelors Degree Required, Masters Degree Preferred
• Certification: CPA Preferred
• Experience: 5+ years Progressively responsible financial planning and analysis experience, preferably in a healthcare or hospital setting required.
• Experience in grant management and/or supporting a Research group/organization a plus.

Benefits (For full time or part time positions)

• Opportunity for annual increases based on performance
• Career Pathways to Promote Professional Growth and Development
• Various Medical, Dental, Pet and Vision options
• Tuition Reimbursement
• Free Parking
• Wellness Program Savings Plan
• Health Savings Account Options
• Retirement Options with Company Match
• Paid Time Off and Holiday Pay
• Community Involvement Opportunities

EOE: Race/Color/Sex/Sexual Orientation/ Gender Identity/Religion/National Origin/Disability/Vets, VEVRRA Federal Contractor.