Sr Financial Analyst - Revenue Cycle - Remote

Advocate Aurora Health; Oak Brook (IL); Remote; Full time

Job summary

A leading healthcare provider in the Midwest is seeking a Financial Planning Analyst to perform financial reporting and variance analysis. This fully remote position offers extensive opportunities for professional growth within a nonprofit health system that is nationally recognized for its clinical innovation.

Benefits

Paid Time Off programs

Health and welfare benefits

Flexible Spending Accounts

Defined contribution retirement plans

Educational Assistance Program

Qualifications

• Bachelor’s degree in Finance or Accounting is required.
• Proficiency in financial reporting and analytics.
• Experience with GAAP compliance and financial modeling.

Responsibilities

• Conduct monthly general ledger accounting and financial reporting.
• Analyze and interpret monthly financial results.
• Prepare audit work papers and provide information to auditors.

Skills

Financial Reporting

Variance Analysis

Account Reconciliations

Financial Modeling

Data Integrity

Education

Bachelor’s degree in Finance or Accounting

Job description

Department:

10487 Advocate Aurora Health Corporate - Financial Planning: AAH Revenue Cycle

Status:

Full time

Benefits Eligible:

Yes

Hou rs Per Week:

40

Schedule Details/Additional Information:

100% Remote position

Major Responsibilities:

• Financial Reporting and Analysis
  • 1)Perform the monthly general ledger accounting and financial reporting for SRCO
  • 2)Analyze and interpret monthly financial results and perform variance analysis
  • 3)Review and research accounting transactions to ensure accurate reporting
  • 4)Research and resolve business units inquiries
  • 5)Responsible for month-end, quarter-end, and year-end close
  • 6)Ensure compliance with GAAP and regulatory requirements
• Account Reconciliations and Analysis
  • 1)Perform balance sheet account reconciliations, account analysis, accrual calculations, and support other related accounting documents/schedules
  • 2)Review cash and adjustment postings to ensure accuracy and completeness
  • 3)Assist in review, implementation, and communication of reconciliation procedures and internal controls
• Monitor System Mapping
  • 1)Analyze transaction interfacing between the operating system and general ledger system, and investigate variances
  • 2)Modify the system mapping when necessary. Some of the activities include making changes to standardize all the hospitals, integration of new hospital(s) to the current operating system, and mapping for new transaction codes.
  • 3)Ensure system and data integrity
• Financial Planning and Budget
  • 1)Create and analyze reports to assist in the development of operating budget projections for staffing levels and expenses
  • 2)Assist in the development and maintenance of EPSI budget system and database for budget preparation
  • 3)Develop and prepare reports for analyzing budget performance and identifying opportunities for cost management
  • 4)Assist in preparation of annual mid-year forecast and 5-year plan
  • 5)Participate in the preparation of financial feasibility for project/program requests
  • 6)Monitor performance compared to projections
• Financial modeling and Analysis
  • 1)Prepare analytics and financial models relating to prospective capital and operating activity
  • 2)Assist in preparation of the SRCO measurement model
  • 3)Apply relevant financial, statistical and economic data to assess and manage risk
  • 4)Prepare ad hoc analyses for all the SRCO areas
• Audit
  • 1)Provide information to internal/external auditors
  • 2)Prepare audit work papers
• Special Projects
  • 1)Perform special projects to improve process efficiency and performance

This job description indicates the general nature and level of work expected of the incumbent. It is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities required of the incumbent. Incumbent may be required to perform other related duties.

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.