Advisor-Financial Management

Indiana University Health SystemIndianapolis, IN

About The Position

Advisor-Financial Management Our leaders shape strategic initiatives, develop passionate teams, and work to improve health outcomes. They advance our mission and exemplify excellence, compassion, teamwork and purpose in all that they do . Indiana University Health is seeking individuals who embody these values to join our Financial Services team in the role of Financial Management Advisor. Job Description Possesses a high-ability to analyze complex financial data to drive operation improvement and/or subject matter expert knowledge in one or more key financial subject areas. Advises business units of financial performance and impact of decisions. This position works closely with executive leadership within specific business units to determine their financial objectives, risk tolerance, income, expenses and assets. Position exhibits expertise in the area they serve to advise leaders of areas in scope. Utilizing their expertise, they coordinate and support the system financial team in providing actionable information (including analysis, reporting, pro formas) to support operational and strategic decision making. Oversees month end process, ensures results are in line with GAAP. Provides analytical and consultative support to departmental and service line management and key stakeholders. Analyzes diverse sets of data including financial, operational, clinical and economic, to support strategic and operational decisions. Interprets financial or other information on costs, prices, expenses, revenues and various clinical and operational measures to make recommendations to senior management. Conducts and documents complex analysis projects. Develops analysis of economic indicators in order to prepare forecasts and analyze the organization's short, medium, and long term position. Provides technical support on complex analysis projects. This position is largely an individual contributor role. Key Relationships Reports to : Executive Director-Finance

Requirements

  • Bachelor's Degree is required.
  • 5-7 years of relevant experience.
  • Financial or operational analysis experience.
  • Analytical experience working with complex data sets.
  • Proficiency in the use of Microsoft Office products/applications; strong Microsoft Excel experience required.

Nice To Haves

  • Degree in Finance or related field a plus.
  • Relational database and financial or operational modeling experience a plus.

Responsibilities

  • Analyze complex financial data to drive operation improvement and/or subject matter expert knowledge in one or more key financial subject areas.
  • Advise business units of financial performance and impact of decisions.
  • Work closely with executive leadership within specific business units to determine their financial objectives, risk tolerance, income, expenses and assets.
  • Coordinate and support the system financial team in providing actionable information (including analysis, reporting, pro formas) to support operational and strategic decision making.
  • Oversee month end process, ensure results are in line with GAAP.
  • Provide analytical and consultative support to departmental and service line management and key stakeholders.
  • Analyze diverse sets of data including financial, operational, clinical and economic, to support strategic and operational decisions.
  • Interpret financial or other information on costs, prices, expenses, revenues and various clinical and operational measures to make recommendations to senior management.
  • Conduct and document complex analysis projects.
  • Develop analysis of economic indicators in order to prepare forecasts and analyze the organization's short, medium, and long term position.
  • Provide technical support on complex analysis projects.

Benefits

  • IU Health is dedicated to a fair hiring process and is committed to equal opportunity and nondiscrimination for all individuals, regardless of age, color, disability, ethnicity, marital status, national origin, race, religion, gender identity, expression, sexual orientation, or veteran status.
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