Senior Financial Analyst, Debt Management

Advocate Aurora Health; Oak Brook (IL); On-site; Full time

Job summary

A leading healthcare organization is seeking a Senior Financial Analyst to handle the preparation of financial plans, budgets, and statements, while driving financial outcomes through collaboration with leadership. The role requires a Bachelor's degree in Accounting or Finance and at least six years of experience in the healthcare sector. This primarily remote position offers competitive compensation and comprehensive benefits.

Benefits

Paid Time Off programs

Health and welfare benefits

Flexible Spending Accounts

Defined contribution retirement plans

Educational Assistance Program

Qualifications

• 6 years of finance and/or public accounting in healthcare required.
• Experience using general ledger application.
• Experience using financial planning and reporting suite is a plus.

Responsibilities

• Plan, develop and coordinate the preparation of financial plans and budgets.
• Develop meaningful financial reports and analysis for senior leadership.
• Analyze and evaluate departmental budget requests.

Skills

Exceptional MS Office skills

Excel skills

Education

Bachelors Accounting, Business Administration, Finance or related field

Master’s degree in Finance, Accounting, or Business Administration

Tools

Workday

Strata

Job description

Department:

10211 Advocate Aurora Health Corporate - Treasury Services

Status:

Full time

Benefits Eligible:

Yes

Hou rs Per Week:

40

Schedule Details/Additional Information:

This is primarily a remote role with the ability to attend in-person meetings if needed. Advocate may approve remote workers who reside in the following registered states: AL, AK, AR, AZ, DE, FL, GA, IA, ID, IL, IN, LA, KS, KY, ME, MI, MO, MS, MT, NC, ND, NE, NH, NM, NV, OH, OK, PA, SC, SD, TN, TX, UT, VA, WI, WV, WY.

The Senior Financial Analyst will plan, develop and coordinate the preparation of financial plans, budgets, financial statements, statistical reports, cost analyses, pro forma business plans, and other financial information. This role performs complex and specialized assignments in area of expertise as well as taking on a lead role in coordinating complex projects. Works closely with finance leadership and partner with health system operational leaders to drive financial outcomes through monthly operational reviews, continuous improvement efforts, and financial mentorship.

• Assists in the development, implementation and management of financial systems, cost accounting systems, productivity systems, and/or financial policies and procedures.
• Utilizes various computer financial information systems in the preparation of analysis, evaluation and reports relating to assigned areas.
• Recommends operational procedures and ways to improve efficiency and/or effectiveness.
• Reporting Develops meaningful financial reports and analysis for senior leadership and external agencies.
• Presents reports to senior leadership or committees.
• Prepares charts and diagrams showing prior, current and projected expenditures to provide a basis for comparison and evaluation.
• Documentation Prepares and maintains accurate accounting records to ensure compliance with state and federal regulatory agencies as well as GAAP, GASB, and FASB.
• Monitors and analyzes budget expenditures and prepares reports and analysis on trends.
• Compiles budgetary and fiscal data received from assigned departments. Analyzes and evaluates departmental budget requests to prepare budgetary documents, reports, and recommendations.
• Presents fiscal data of assigned departments at budget hearings.
• Maintain communication with assigned department managers and administrative staff in the preparation and analysis of complex financial reports, to provide information and to resolve complex problems concerning variances from approved budget.
• Provide technical support to assigned departments regarding budgeting system and procedures.
• Contributes to strategic and business planning efforts for institutional projects, providing financial and business expertise as a key team member.
• Engages with the organization on strategic projects to identify needed information, collect and analyze that information, draw conclusions from the analysis.
• Supports the growth and development of key service lines interacting with operational, administrative, and physician leadership.
• Identifies revenue and expense trends and conduct marginal analyses for current operations and for new business opportunities.

Minimum Education Requirements:

• Bachelors Accounting, Business Administration, Finance or related field required.
• Master’s degree in Finance, Accounting, or Business Administration preferred.

Minimum Work Experience Requirement:

• 6 Years of finance and/or public account in Health care is required.
• Experience using general ledger application, such as Workday.
• Experience using a financial planning and reporting suite such as Strata is a plus.

Knowledge/Skills/Abilities:

• Exceptional MS Office skills and super-user level excel skills

Pay Range

$40.30 - $60.45

Our CommitmenttoYou:

Advocate Health offers a comprehensive suite of Total Rewards: benefits and well-being programs, competitive compensation, generous retirement offerings, programs that invest in your career development and so much more – so you can live fully at and away from work, including:

Compensation

• Base compensation listed within the listed pay range based on factors such as qualifications, skills, relevant experience, and/or training
• Premium pay such as shift, on call, and more based on a teammate's job
• Incentive pay for select positions
• Opportunity for annual increases based on performance

Benefits and more

• Paid Time Off programs
• Health and welfare benefits such as medical, dental, vision, life, andShort- and Long-Term Disability
• Flexible Spending Accounts for eligible health care and dependent care expenses
• Family benefits such as adoption assistance and paid parental leave
• Defined contribution retirement plans with employer match and other financial wellness programs
• Educational Assistance Program

About Advocate Health

Advocate Health is the third-largest nonprofit, integrated health system in the United States, created from the combination of Advocate Aurora Health and Atrium Health. Providing care under the names Advocate Health Care in Illinois; Atrium Health in the Carolinas, Georgia and Alabama; and Aurora Health Care in Wisconsin, Advocate Health is a national leader in clinical innovation, health outcomes, consumer experience and value-based care. Headquartered in Charlotte, North Carolina, Advocate Health services nearly 6 million patients and is engaged in hundreds of clinical trials and research studies, with Wake Forest University School of Medicine serving as the academic core of the enterprise. It is nationally recognized for its expertise in cardiology, neurosciences, oncology, pediatrics and rehabilitation, as well as organ transplants, burn treatments and specialized musculoskeletal programs. Advocate Health employs 155,000 teammates across 69 hospitals and over 1,000 care locations, and offers one of the nation’s largest graduate medical education programs with over 2,000 residents and fellows across more than 200 programs. Committed to providing equitable care for all, Advocate Health provides more than $6 billion in annual community benefits.