Financial Analyst – Full Time – Warrenville, IL

Position Summary:

The Financial Analyst reflects the mission, vision, and values of Northwestern Medicine, adheres to the organization’s Code of Ethics and Corporate Compliance Program, and complies with all relevant policies, procedures, guidelines and all other regulatory and accreditation standards.

The Financial Analyst is responsible for recording transactions, performing analysis activities, and evaluating trends and drivers at Northwestern Medicine. The position will also be charged with the preparation and some review activities related to the month end close process. The analyst will need to understand complex financial concepts in a fast paced environment.

Responsibilities:

Description

• Meet financial objectives by identifying and evaluating trends; analyzing variances; initiating any corrective actions or adjustments.
• Prepare reconciliations; analyze variances; and initiate corrective actions on transactions with a high degree of complexity in support for finance and operating departments.
• Provide support and analysis by querying appropriate data, preparing reports, making presentations of analysis, findings, and recommendations to management.
• Increase productivity by developing automated applications, eliminating duplication, coordinating information requirements.
• Lead in gathering data and presentation materials for annual and ad hoc surveys.
• Work with operational managers to develop assumptions used in financial models.
• Analyze financial information to produce forecasts of business, industry, and economic conditions for use in making investment and business decisions:
• Guides cost analysis process by developing policies and procedures; providing trends and forecasts; explaining processes and techniques; recommending actions.
• Recommends actions by analyzing and interpreting data and making comparative analyses; studying proposed changes in methods and materials.
• Consistently delivers concrete, relevant results. Displays qualities of resiliency and resourcefulness while thinking strategically and practically when problem solving. In addition to results orientation, displays business knowledge, speed and decisiveness, and project management.
• Research and understand changes in the healthcare regulatory environment and the potential impact on reporting.
• Research and interpret changes in financial reporting policy, applying observations and recommendations to operational issues.
• Maintain professional and technical knowledge by attending educational workshops, reviewing professional publications, establishing personal networks, adopting and implementing industry best practices, and participating in professional societies.
• Protect operations by keeping financial and patient information confidential.
• Support the finance operations of Northwestern Medicine.

Competencies / Performance Expectations:

Required: Degree in Finance / Accounting or related field. 3+ years of relevant experience. Excellent communication, collaboration, analytical, and accounting skills. High level of precision and attention to detail. Expert knowledge of Microsoft Office Suite. Desired: Public Accounting experience. CPA or CHFP certification. Experience with an enterprise resource planning (ERP) system, preferably PeopleSoft. Healthcare finance experience.