Senior Financial Analyst

R1 RCM•Remote, IL, IL

11d•$50,461 - $114,114

About The Position

R1 is transforming healthcare by combining revenue cycle expertise with advanced technology and the expertise of its people. The company supports hospitals, health systems, and medical groups in improving financial performance, simplifying administrative complexity, and creating better experiences for patients and providers. The Senior Financial Analyst supports financial planning and analysis, budgeting and reforecasting, month-end close, workforce and headcount tracking, labor capitalization, vendor spending, and leadership reporting. The role works with stakeholders across cost centers and supports the Finance Manager with business cases and ad hoc leadership requests.

Requirements

Bachelor’s degree in Finance, Accounting, Economics, or a related discipline, or equivalent practical experience.
Strong FP&A fundamentals, including budgeting and forecasting, variance analysis, and creating executive-ready summaries and narratives for budget/reforecast slides and monthly review materials.
Advanced Excel skills, including modeling, pivots, structured templates, and reconciliation workflows, to operate and improve finance work products such as dashboards, templates, and trackers.
Ability to manage deadlines and stakeholder follow-up across multiple leaders and cost centers.

Nice To Haves

Experience supporting technology, product, or engineering organizations and headcount-heavy operating models, including translating workforce changes into financial impacts.
Familiarity with internal labor capitalization and time-entry governance and associated controls, including weekly reporting and month-end approval processes.
Exposure to Adaptive-based reporting processes and SOP-driven monthly refresh workflows.
Experience supporting vendor CAPEX reporting, analytics, and quarterly actuals processes.

Responsibilities

Drive annual budget and reforecast activities, including preparing templates, maintaining the internal Budget master file, following up with stakeholders, uploading to Adaptive, preparing budget walks, and ensuring submissions are ready.
Translate workforce and other budget changes into clear financial impacts and help create budget walks.
Maintain business case models used for leadership decision-making and ensure headcount and key assumptions are aligned across source files and planning tools.
Maintain weekly headcount tracking and accuracy across Workday rosters, Adaptive, the internal headcount master file, new-hire reports, and requisition reports; reconcile planning views with operational rosters.
Track updates for new hires, terminations, and backfills in planning files, ensure they are mapped to requisitions, and flag changes intended for future system updates.
Support month-end close by reviewing preliminary results, tracking outstanding accruals, labor CAPEX, vendor and contractor entries, and payroll and invoice reclasses, and partnering with stakeholders to resolve variances and finalize reporting.
Manage EDI cost accrual trackers and provide accounting support for correct invoice allocation.
Prepare monthly financial review slide decks with commentary on variances and key drivers for leadership discussions.
Own weekly labor CAPEX tracking and reporting versus budget, and drive time-entry compliance and manager approvals through timelines, reminders, and communications.
Track contractor and vendor spending, support invoice reviews, ensure correct CAPEX/OPEX treatment, and coordinate quarterly vendor CAPEX entries with Accounting and business owners.
Support the Finance Manager with ad hoc leadership requests and business cases.