Financial Analyst II

1 day ago

Chicago, Illinois, United States The University of Chicago Medicine Full time
Job Title: Financial Analyst II

Be a part of a world-class academic healthcare system at UChicago Medicine as a Financial Analyst II. This position offers a flexible remote opportunity with the requirement to come onsite to our Burr Ridge, IL location 3 times per week.

Job Summary:

The Financial Analyst II is responsible for providing comprehensive financial analysis, reporting, and decision support to UCM Care Network. This role includes supporting physician compensation analysis, developing and maintaining key performance indicators (KPIs), and providing data-driven insights through advanced data analytics.

Key Responsibilities:
  • Analyze monthly, quarterly, and annual financial statements, identifying trends, variances, and key performance indicators (KPIs)
  • Develop, maintain, and enhance financial models to support operational decision-making, budgeting, and forecasting processes
  • Assist in the development and reporting of KPIs to track the financial and operational performance of ambulatory services
  • Conduct regular analyses of physician productivity, compensation, and performance metrics, providing recommendations for adjustments and improvements
  • Assist with annual budget process for ambulatory services, working closely with department managers to develop realistic financial targets
  • Collaborate with operational leaders to analyze and improve the financial performance of various ambulatory clinics, including patient volume, payer mix, and service line profitability
  • Partner with senior management on strategic planning initiatives, including market analysis, business case development, and financial impact assessments
  • Lead special projects and financial analyses as requested by senior leadership, such as benchmarking, productivity studies, and cost-benefit analyses
Requirements:
  • Bachelor's degree in Finance, Accounting, Business Administration, Data Analytics or a related field
  • Minimum of 5-7 years experience in financial analysis
  • Demonstrated experience with physician compensation analysis and data analytics
  • Advanced proficiency in financial modeling, budgeting, forecasting and data analytics
  • Strong knowledge of healthcare finance
  • Collaborative team player with a customer service orientation
Why Join Us:

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.

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.

Must comply with UChicago Medicine's COVID-19 Vaccination requirement as a condition of employment. If you have already received the vaccination, you must provide proof as part of the pre-employment process. This is in addition to your compliance with the Flu Vaccination requirement as well. Medical and religious exemptions will be considered consistent with applicable law. Lastly, a pre-employment physical, drug screening, and background check are also required for all employees prior to hire.

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