IMH Senior Financial Analyst, Full Time - Days

Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business, Finance, or Accounting required; advanced degree in IT/Data Management preferred.
  • 5 years of experience in hospital finance or decision support within a large corporation or complex healthcare system.
  • Advanced knowledge of labor productivity standards and revenue cycle performance essential.
  • Strong understanding of healthcare accounting, finance, and cost controls with strategic planning and analytical skills.
  • Experience developing reports using Crystal or equivalent; proficiency in data analysis and presentation.
  • Advanced interpersonal skills for effective communication and collaboration at all organizational levels.
  • Proficient in Microsoft products (Excel, Access) and ERP/financial software systems like Oracle Cloud.

Responsibilities

  • Partner with operations to support budget training and performance improvement initiatives.
  • Provide timely analyses of current operational status, including clinical activity and financial forecasting.
  • Collaborate on developing and implementing labor productivity systems across departments.
  • Conduct monthly business reviews to identify operational barriers and provide data-driven support.
  • Assist with developing internal and external business plans to enhance long-term financial forecasts.
  • Support senior leadership in shaping financial strategies for UChicago Medicine operations.
  • Foster community relationships and enhance organizational visibility through strategic financial partnerships.

Benefits

  • Work at a world-class healthcare organization focused on high-performance outcomes.
  • Engage with diverse stakeholders to transform financial performance and community health.
  • Collaborate with leaders to drive operational, strategic, and quality improvement initiatives.
Full Job Description
Be a part of the world-class academic healthcare system, UChicago Medicine, as the Senior Financial Analyst for Ingalls Memorial Hospital in Harvey, Illinois. This position will be primarily a work from home opportunity with the requirement to come onsite as needed. You may be based outside of the greater Chicagoland area. The Sr. Financial Analyst position plays an integral role in assisting the management team in developing, implementing and monitoring strategic decisions. You will collaborate closely with the management team by providing objective data and analysis that enables leadership to surface issues, make informed decisions, and achieve strategic goals. Provides timely, accurate and informative analyses of the current status and forecasting results of operations, including clinical activity, revenues and expenses. Works collaboratively within a cross-functional team to develop and maintain labor management and productivity systems - partnering with clinical operations to drive financial performance and proactively ensure the fiscal health of the organization. The Financial Analyst measures strategic and operational performance and targets and communicates routinely to management. The Financial Analyst will oversee decision support and POP Health Analytics and is responsible for the direction and oversight of analytics, reporting and research to support clinical, financial, and user reporting, product development and business and financial strategy. The successful candidate will be a strategic finance and business partner to the enterprise who will drive operational excellence and optimize financial performance while maintaining the highest standards of patient care at Ingalls Memorial Hospital. This is a hybrid position based in Harvey, Illinois, with the expectation that that you will be onsite 2-4 days weekly. Who you are: - Bachelor's degree in Business, Finance, or Accounting required. Advanced degree in in IT/Data Management preferred. - 5 years of hospital Finance, Decision Support, and/or Population Health Analytics preferred from a standalone facility within a large corporation or complex healthcare system. - Advanced knowledge of labor productivity standards, revenue cycle performance, and hospital financial plans including operating and capital budgets are essential. - 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 is essential, 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 required, including Oracle Cloud, and ability to harness information for PowerPoint presentations and insights. What you'll gain as the Sr. Financial Analyst: - 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 you'll do as the Sr. Financial Analyst: - 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. Position Details - Job Type: Full Time (1.0 FTE) - Shift: Days - Work Location: Flexible Remote - Department: Financial Planning - CBA Code: Non-Union

About The University of Chicago Medicine

The University of Chicago Medicine Careers

There has never been a better time to explore the diverse job opportunities at The University of Chicago Medicine. This esteemed institution is renowned for its commitment to innovation, leadership in medical science, and a culture that champions diversity and professional growth.

Work You’ll Do

Join The University of Chicago Medicine team to contribute to a pioneering organization that sets the standards in healthcare. The University of Chicago Medicine offers a unique environment where the convergence of research, education, and patient care fosters the next generation of industry leaders.

Transform Your Career

The University of Chicago Medicine is not just a healthcare institution; it's a vibrant community of scholars, clinicians, and healthcare professionals dedicated to improving human health through innovation in research and patient care. The team at The University of Chicago Medicine leads with a commitment to excellence and a passion for growth and development.

Innovative Work Environment

Engage in groundbreaking work with a team that is equipped with the skills to make significant advancements in medicine. The University of Chicago Medicine is home to more than just healthcare professionals; it is a hub of continuous innovation and problem-solving prowess.

Career Development Opportunities

Whether looking for an internship, a full-time position, or leadership roles, The University of Chicago Medicine provides an array of career paths to suit various professional aspirations. With robust training programs and diversity initiatives, employees are equipped to thrive both personally and professionally.

Benefits and Culture

The University of Chicago Medicine is committed to fostering a workplace culture that promotes the well-being and development of its staff. Employees enjoy a comprehensive benefits package that supports both their professional careers and personal lives.

Join a Team of Experts

By joining The University of Chicago Medicine, professionals become part of a team that is deeply committed to delivering quality healthcare. The collaborative environment ensures that everyone’s voice is heard and valued, contributing to a culture of respect and mutual support.

Networking and Professional Growth

The University of Chicago Medicine encourages its team to engage in various networking and professional development activities. These opportunities enhance skills and allow individuals to stay at the forefront of the healthcare industry.

Explore Job Opportunities

The University of Chicago Medicine is continuously hiring and looking for individuals who are passionate about making a difference in healthcare. Explore the various positions available and find where your skills and interests align with the needs of this dynamic organization.

Stay Connected

Join the Team

Search open positions that match your skills and interests. The University of Chicago Medicine seeks passionate, curious, and solution-driven team players.

SEARCH JOBS AT THE UNIVERSITY OF CHICAGO MEDICINE

Keep Up to Date

Stay ahead with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work at The University of Chicago Medicine.

READ CAREERS BLOG

Job Alert Emails

Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding opportunities that await at The University of Chicago Medicine.
Learn more about The University of Chicago Medicine

Similar Jobs

More Jobs at The University of Chicago Medicine

More Healthcare Jobs

Find similar IMH Senior Financial Analyst, Full Time - Days jobs: