Manager, System Financial Planning & Analysis (FP&A), Full Time - Days

UChicago Medicine • Chicago, IL

10d • Hybrid

About The Position

The Manager of Financial Planning & Analysis will report to the Director, Financial & Capital Planning and will lead the development & implementation of standard financial planning tools & processes for new business development and acquisition. This role will update and maintain planning software using current operating results and future assumptions, and collaborate with strategic business planning in the analysis of new business plans, both internal and external (Joint Ventures, acquisitions), for inclusion in the long term financial forecast model. This includes institutional financial planning to be incorporated into the Hospital’s annual operating budget. In conjunction with the Finance and Patient Accounting departments, the Manager will develop the appropriate level of estimated reimbursements to be incorporated into long-term financial forecasts. The Manager will work collaboratively with subject matter experts & leaders throughout UCM and potential business partners, such as strategic planning, physician network development, clinical operations, managed care, service line staff, legal counsel, bankers & outside consultants. The Manager will lead the financial planning team on development & integration of financial data analytics & reporting across existing UCM lines of business and new acquisitions & partners, forging a common tool kit of metrics & methodologies for evaluating financial performance. This position will lead the transition and integration of new long-range financial planning tools (Strata) and develop procedures and systems to ensure accurate, reliable forecasts and projections.

Requirements

• 5+ years’ experience with Financial Planning and Analysis
• Previous experience working in a healthcare or hospital environment
• Previous work experience with mergers and acquisitions
• Bachelor’s degree in business, accounting, finance, economics or related discipline
• Specific expertise in financial statement analysis, financial modeling, new business pro forma development & performance measurement for health care lines of business such as hospitals, physician practices, ambulatory care centers, etc.
• Demonstrated track record of success in recruiting, retaining, developing & managing analytic staff in a dynamic, matrix environment with tight timeframes & multiple key customers across the senior leadership of the organization
• Mastery of all phases of the financial project lifecycle, including communication & consultation on project definition & scope, identification of data sources & obstacles, high-impact analysis & model building, and effective visualization & communication of results & findings to improve senior leadership decision making
• Aptitude for analyzing & communicating options for complex business decisions such as mergers & acquisitions, new business development & make/buy alternatives
• Strong team-building & management skills to assemble the right team of subject matter experts across lines of responsibility to complete the project timely & accurately
• Demonstrated skills & savvy to work independently & interact successfully in a consultative capacity with physician & business leadership
• Proven expertise in health care financial data (e.g., hospital, physician office) & industry business intelligence tools (e.g. SQL, SSIS, Python, Excel, Office, Crystal, Spotfire, Cognos, Tableau, Enuff, HCI, cost accounting systems)
• Aptitude, ability & track record of serving as “internal change agent,” with experience standardizing, streamlining & improving financial reporting & planning efforts

Nice To Haves

• Advanced degree in business, accounting, finance, economics or related discipline

Responsibilities

• Drive robust financial planning & system integration team
• Manage the production of financial analyses, economic models, and business pro forma statements for new & existing lines of business
• Work with the Finance Leadership Team & the larger organization to define, standardize & streamline key financial data & reporting to measure financial performance more timely & accurately

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Number of Employees: 1,001-5,000 employees