Financial Analyst II - Enterprise Finance & Analytics- Full time, Days
UChicago Medicine · United States
Be a part of a world-class academic healthcare system, UChicago Medicine, as a Financial Analyst II with the Finance Department. This is a flexible remote opportunity, and you may be based outside of the greater Chicagoland area.
The Analyst II provides strategic cross functional collaboration and support for key stakeholders across the University of Chicago Medicine's enterprise using analytical skills, technical tools and software, and modeling techniques to evaluate the financial health of the organization. The Analyst II supports a range of finance department functions, including budgeting, forecasting, data analysis, business strategy, reporting, controls, financial systems, tax, investments, payer strategy, and revenue cycle and is responsible for the maintenance of existing analytic reports and dashboards to enable leadership decisions around resource allocation and strategy. The Analyst II leverage business knowledge and analytical tools to complete core assignments in partnership with diverse key stakeholders across the organization to identify inefficiencies, develop solutions, and lead improvement initiatives across the system. Ideal candidates will have a foundation in strategic business data reporting and analysis, as well as demonstrated progressive growth in technical expertise.
Essential Functions
- Assists in the facilitation of department-level business planning and review sessions to identify key variances and drive accountable action plans pertinent to budget planning, forecasting, performance improvement, and long-term financial strategies.
- Collaborate with finance stakeholders to create and scale analytic solutions for the enterprise. Builds analytic models and/or tools that help drive system insights, provide actionable information and support leadership decision making.
- Provide financial assessments including business plans and pro forma development that feed into the operating and capital budget.
- Analyzes trends, identifies patterns, and identifies areas of opportunity to improve financial performance. Supports decision support projects critical to determining costs, revenues, and profitability of enterprise endeavors - including hospital and physician activity.
- Develops financial modeling methodologies and techniques to provide analytics with actionable insights for clinical leadership, and streamline the annual planning cycle. Identify key issues and synthesize complex information into clear talking points and action items. Coordinates with Finance and cross-functional leadership on developing the UCM Enterprise annual operating budget targets for volumes, revenue, and expenses.
- Support data integration and maintenance efforts with UCMIT and Strata system
- Develop data quality and audit processes for financial reporting
- Create clear documentation for each project, define inclusions/exclusions, and maintain documentation and code
- Collaborate with data teams within UCM to ensure data and analytics needs of assigned projects are satisfied and garner the most effective clinical monitors and insight to drive improvement, while allowing for efficient analytics processes
- Identify data collection and analysis needs as appropriate when relevant data does not exist electronically.
- Participates in and oversees the planning, design, implementation, and completion of small to medium projects with support from supervisor and team members
- Executes project plan and provides daily support for moving the project forward on large strategic initiatives with support from a supervisor.
- Maintains detailed project documentation
- Self-direct time to meet project deadlines. Ensure timely completion of work and meet stakeholder expectations of deliverables.
- Collaborate with clinical and operational leads and functional team to develop meeting agendas and workplans that accurately capture and document key discussions, decisions, and action items.
- Lead and facilitate project meetings, employing basic facilitation skills (e.g. encouraging participation, using process checks).
- Define project KPIs throughout the project life cycle
- Reviews data queries and report outputs for accuracy.
- Develops technical and operational knowledge of UCM data sources and systems such as Strata Management & Productivity Reporting, Tableau, Kronos, Epic, and Oracle. Tableau, Kronos, Epic, and Oracle.
Required Qualifications
- Bachelor’s Degree in Finance, Health Care Administration, Business Administration, Mathematics, Computer Science, or other related field.
- 4+ years of analytical experience required, ideally in a health care setting.
Skills
- Preference for experience in healthcare performance improvement
- Ability to independently lead small to medium scale/ scope projects.
- Preference for broad knowledge of the US healthcare system and familiarity with academic medicine
- Ability to partner and collaborate with interdisciplinary teams and front-line leadership to meet goals for financial analysis, action planning, and process improvement
- Preferred expertise in data analysis tools: Python, R, Power BI, Tableau, Excel (advanced with formulas and macros), QlikView, SAS, or other statistical software
- Knowledge of analytical tools and frameworks to approach financial evaluation and insights
- Strong data management skills, report maintenance, and dashboard development across the enterprise
- Familiarity with healthcare data systems and analysis (Prior experience with Strata's EPM System, Epic, Kronos, Oracle, Tableau, and SQL preferred)
- Willingness to learn and become highly proficient with Tableau or similar data visualization tools
- Willingness to learn and become highly proficient with SQL or similar technical programming
- Demonstrated analytical, statistical, problem-solving skills and business acumen
- Strong communication and customer service skills with proven experience
- Detailed-oriented, process-focused, and highly professional
- Strong organizational and consensus building skills
- Demonstrated ability for public speaking
- Strong project management skills
- Self-motivated: given appropriate direction for goals, must be able to work autonomously in a sometimes ambiguous and changing environment
Position Details:
- Job Type/FTE: Full Time (1.0 FTE)
- Shift: Days, Monday-Friday
- Unit/Department: Finance
- Work Location: Flexible Remote (Will need to commit to onsite training or required onsite meetings when needed)
- CBA Code: Non-Union
We’ve been at the forefront of medicine since 1899. We provide superior healthcare with compassion, always mindful that each patient is a person, an individual. To accomplish this, we need employees with passion, talent and commitment… with patients and with each other. We’re in this together: working to advance medical innovation, serve the health needs of the community, and move our collective knowledge forward. If you’d like to add enriching human life to your profile, UChicago Medicine is for you. Here at the forefront, we’re doing work that really matters. Join us. Bring your passion.
UChicago Medicine is growing; discover how you can be a part of this pursuit of excellence at: UChicago Medicine Career Opportunities
UChicago Medicine is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, ethnicity, ancestry, sex, sexual orientation, gender identity, marital status, civil union status, parental status, religion, national origin, age, disability, veteran status and other legally protected characteristics.
As a condition of employment, all employees are required to complete a pre-employment physical, background check, drug screening, and comply with the flu vaccination requirements prior to hire. Medical and religious exemptions will be considered for flu vaccination consistent with applicable law.
Compensation & Benefits Overview
UChicago Medicine is committed to transparency in compensation and benefits. The pay range provided reflects the anticipated wage or salary reasonably expected to be offered for the position.
The pay range is based on a full-time equivalent (1.0 FTE) and is reflective of current market data, reviewed on an annual basis. Compensation offered at the time of hire will vary based on candidate qualifications and experience and organizational considerations, such as internal equity. Pay ranges for employees subject to Collective Bargaining Agreements are negotiated by the medical center and their respective union.
Review the full complement of benefit options for eligible roles at Benefits - UChicago Medicine.
University of Chicago Medical Center | Finance | Full Time (40 hrs per week) | Day Shift