Senior Financial Analyst (Hybrid)

Erie Family Health Center; Chicago (IL); On-site; USD 85,000 - 120,000; Full time

Job summary

Erie Family Health Center in Chicago is seeking a Senior Financial Analyst to join the Finance team. You will analyze budget, forecast financial performance, and provide actionable insights for management decisions within a mission-driven healthcare system.

The role requires 3 years of experience, a Bachelor’s degree in a relevant field, and advanced Excel skills. Healthcare billing knowledge and SQL/Access familiarity are valued assets. Hybrid work options may apply.

Qualifications

• Bachelor’s degree in Accounting, Business Administration, Finance or Health Services required.
• Master’s degree preferred.
• Forecasting and Budgeting experience required.
• 3 years of Experience required.
• Healthcare billing experience a plus.
• Medical claim analysis experience a plus.
• Advanced knowledge of Microsoft Excel required.
• Strong communication skills for executive audiences.
• Experience with provider reimbursement concepts helpful.

Responsibilities

• Perform a variety of technical and analytical functions in budgetary analysis, forecasting and financial management.
• Conduct financial, statistical, and analytical assessments, including financial modeling, revenue/cost forecasting, and risk/return analysis; prepare and assist in reporting of financial reports.
• Design and generate various company reports and financial analytics focusing on cost, utilization, membership, trends, and ad hoc requirements.
• Analyze revenue streams and contractual adjustments, bad debt and changes to bad debt and reserves.
• Contribute to preparation of financial reporting (e.g., board reports, departmental reports, scorecards and regulatory reports such as UDS and 990).

Skills

Advanced Excel

SQL

Microsoft Access

Communication skills

Data analysis

Education

Bachelor’s degree in Accounting, Business Administration, Finance or Health Services

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

Tools

SQL

MS Access

Axiom

Job description

Join the Erie team! Motivated by the belief that healthcare is a human right, we provide high quality affordable care to support healthier people, families, and communities. Erie delivers holistic care to help every member of the family stay healthy and active from infancy through adulthood. Since 1957, we have provided high-quality care to diverse patients most in need, regardless of their insurance status, immigration status, or ability to pay.Erie Family Health Centers, a top workplace in Chicago and suburbs, is looking for a valuable addition to our Finance team! Under the general direction of the Finance Manager, the Senior Financial Analyst is tasked with analyzing business and financial data, systems, and processes with the objective of creating actionable information upon which management can make decisions.At Erie, we are proud to provide competitive salaries, high-quality health care plans, generous time off benefits, retirement benefits, and more! Erie employees are eligible for Erie’s Full Benefits Package that includes Medical, Dental, Vision, Life and Disability Insurance and Flexible Spending (FSA) for Health Care or Childcare. Retirement Programs: 401(k) program with Erie matching $0.50 for every $1.00 up to the first 5% of the employee’s biweekly salary. Annual Paid Time Off: starting at 20 days of PTO, and 8 paid holidays. Competitive salary, annual merit increases, plus room for growth and career advancement.*Compensation is based on each candidate’s experience, skills and education within the range identified for the role. Candidates who meet the minimum requirements of the role will start at entry in the range. Any additional skills, experience and education will be reflected in the compensation offered.Main Duties & ResponsibilitiesPerform a variety of technical and analytical functions in the areas of budgetary analysis, forecasting & financial management.Conduct financial, statistical, and analytical assessments, including financial modeling, revenue/cost forecasting, and risk/return analysis; and prepare and assist in the preparation and reporting of financial reports.Responsible for designing and generating various company reports and financial analytics that focus on cost, utilization, membership, trends, and ad hoc requirements.Analyze revenue streams and contractual adjustments, bad debt and any changes to bad debt and contractual reserves.Contribute to preparation of financial reporting (e.g., board reports, departmental reports, scorecards and regulatory reports such as UDS and 990).EducationRequired:Bachelor’s Degree in Accounting, Business Administration, Finance or Health Services required.Preferred:Master’s Degree in Accounting, Business Administration, or Finance.Experience:Required:Forecasting and Budgeting experience required.3 years of Experience required.Preferred:Healthcare billing industry experience a plus.Medical claim analysis experience a plus.Excel keyboard shortcuts a plus.Skills and KnowledgeRequired:Must be advanced in the use of Microsoft Excel.Ability to use the fundamental concepts, practices and procedures of financial data/medical claim analysis is requiredMust possess in depth knowledge of provider reimbursement terms and conceptsAbility to work independentlyMust be skilled at manipulating and analyzing complex data sets, systems and processesCommunication – Demonstrated ability to effectively communicate verbally and in writing to various audiences, particularly executive audiences.Preferred:SQL & Access experience preferred.Axiom analytical model experience helpfulThe Erie Advantage PledgeWORKING TOGETHER FOR WHAT MATTERS MOSTErie makes a pledge that all current and future employees can feel confident that:Our mission, vision, and values unite us.Our voices matter.We do things well.Our inclusive culture promotes balance and belonging.We find our career sweet spot at Erie.