Financial Analyst

ESPERANZA HEALTH CENTERS•Chicago, IL

35d•Onsite

About The Position

As a Financial Analyst, you’ll be a vital member of the care team who is responsible for analyzing information from Esperanza's accounting records, electronic health records, and other sources, and providing reports and recommendations to management. This role involves budgeting, financial data analysis, and reporting. You will consolidate and analyze financial data, develop financial models, track financial status, identify trends, and analyze costs per provider. Additionally, you will prepare and monitor grant budgets, invoices, and reports. The role also includes providing creative alternatives and recommendations to reduce costs, improve financial performance, and drive process improvement initiatives. You will also assist the Finance Manager in preparing annual budgets and aiding in audits, while continuously updating job knowledge to remain current in the field.

Requirements

Bachelor's Degree in Finance, Accounting, or Economics
Proficiency in downloading and manipulating large data sets
Analytical and critical thinking skills
Able to anticipate problems and implement mitigation strategies
Must have excellent verbal and written communication skills
Must be open to feedback and mentoring
Self-motivated with ability to work independently and as part of a larger team
Ability to multitask and meet deadlines
Must be detailed conscious and organized
Must possess excellent time management skills
Efficient, driven and willing to go the extra mile
Flexible and independent
1 to 2 years of related experience, preferably in a non-profit or healthcare environment
Must be proficient in Microsoft Excel, Word, and Outlook.

Nice To Haves

340B and PACE knowledge is a plus
Knowledge in Microsoft Access, PowerPoint , Oracle/NetSuite, and Athena Health is a plus.

Responsibilities

Consolidate and analyze financial data (budget, financial statements, forecasts and revenue sources), taking into account company's goals and financial standing.
Assemble and summarize data to structure sophisticated reports
Develop financial models, conduct benchmarking and process analysis.
Track and determine financial status by analyzing actual results in comparison to budget and forecasts
Identify trends and recommend actions to senior management based on sound analysis
Analyze costs for each provider, including revenue per visit, annual visits, cost per slot, breakeven slots and cost of unbilled slots. Publish monthly provider productivity reports and other related reports.
Prepare grant budgets, invoices, and reports.
Monitor existing grants by comparing budget vs. actual expenditures, identifying potential grant underspending, and recommending solutions.
Provide creative alternatives and recommendations to reduce costs and improve financial performance
Drive process improvement and policy development initiatives that impact the job function
Assist the Finance Manager in preparing annual budgets.
Assist in audits.
Gain and update job knowledge to remain current in the field