IMH Senior Financial Analyst, Full Time - Days

UChicago Medicine • Harvey, IL

8d • Hybrid

About The Position

The Senior Financial Analyst position at UChicago Medicine's Ingalls Memorial Hospital plays an integral role in assisting the management team with strategic decisions. This role involves collaborating closely with management to provide objective data and analysis, enabling informed decisions and achievement of strategic goals. The analyst will provide timely, accurate, and informative analyses of current status and forecasted results of operations, including clinical activity, revenues, and expenses. They will work within a cross-functional team to develop and maintain labor management and productivity systems, partnering with clinical operations to drive financial performance and ensure fiscal health. The position measures strategic and operational performance, oversees decision support and POP Health Analytics, and is responsible for analytics, reporting, and research to support clinical, financial, user reporting, product development, and business/financial strategy. The successful candidate will be a strategic finance and business partner focused on operational excellence and optimizing financial performance while maintaining high standards of patient care.

Requirements

• Bachelor’s degree in Business, Finance, or Accounting.
• Advanced knowledge of labor productivity standards, revenue cycle performance, and hospital financial plans including operating and capital budgets.
• A sound knowledge of healthcare accounting, finance and cost controls with skills in business acumen, strategic planning, organizational assessment, highly developed leadership and quantitative analytic abilities.
• Experience developing reports using Cyrstal or an equivalent model.
• Ability to analyze information, present data, and draw conclusions by applying analysis techniques, using data to drive positive performance.
• Advanced interpersonal skills with the ability to work effectively and exercise a high degree of diplomacy, discretion and collaboration in dealing with constituencies at various levels of the organization.
• Excellent verbal, written, and presentation skills.
• Ability to speak articulately and to answer difficult questions with confidence.
• Effective ability to bring clarity to complex issues and coach problem-solving techniques, along with the ability to model a creative and proactive ‘can-do’ attitude.
• An individual of unquestioned integrity and moral character who represents the values of the organization.
• Strong knowledge of Microsoft products, especially Excel and Access.
• Fluent in ERP/financial software systems, including Oracle Cloud, and ability to harness information for PowerPoint presentations and insights.

Nice To Haves

• Advanced degree in IT/Data Management.
• 5 years of hospital Finance, Decision Support, and/or Population Health Analytics from a standalone facility within a large corporation or complex healthcare system.

Responsibilities

• Partners with operations to achieve goals of the organization, which may include budget training, data support, performance improvement initiatives, and productivity training.
• Provides timely, accurate and informative analyses of the current status and forecasting results of operations including clinical activity, revenues and expenses.
• Works in collaboration with various departments in the development and implementation of the Labor productivity system.
• Performs monthly business reviews with leaders to understand departmental operations, identify barriers to success, and provide data support to leaders to drive operational improvement.
• Works collaboratively with other areas on the development of both internal and external business plans for inclusion in the long-term financial forecasts. Oversees business plans including the current year operating budget.
• Supports the System Vice President and Service Line Leaders in developing and setting the financial strategy and direction for UCM operations in Harvey, IL and Crown Point, IN to drive financial performance.
• Work closely with departmental leaders by acting as a strategic partner to assist with budget preparation, while providing ongoing communication of financial, productivity, resource utilization performance, leakage, KPIs to benchmark variance review along with other financial performance indicators.
• Foster efforts to positively impact the organization’s visibility, image, and relationship with its surrounding community.
• Creates and promotes a positive and supportive work culture.

Benefits

• Opportunity to work at a world-class organization, engaging numerous stakeholders, with the mission to help the organization achieve high performance outcomes.
• Transform financial performance and community health within an academic medical center that positively impacts the organization.
• Partners with leaders in the organization to develop and execute operational, quality and strategic long-term plans with a relentless pursuit for excellence.

What This Job Offers

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