Company:
The University of Chicago Medicine
Location: Chicago
Closing Date: 20/10/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description
Job Description:
Be a part of a world-class academic healthcare system at UChicago Medicine Care Network as a Financial Analyst II . 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. This is a flexible remote opportunity with the requirement to come onsite to our Burr Ridge, IL location 3 times per week.
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. Financial Analyst II will collaborate closely with operations and finance leadership to drive financial performance, optimize resource utilization, and support the strategic objectives of the medical center.
Essential Job Functions
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 targetsCollaborate with operational leaders to analyze and improve the financial performance of various ambulatory clinics, including patient volume, payer mix, and service line profitabilityPartner 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
Required Qualifications
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
Preferred Qualifications
Master's Degree
CPA
Experience within an academic medical center or ambulatory services environment
Position Details
Job Type/ FTE: Full-Time; 1.0 FTE
Shift: Days
Unit/Department: CMG Administration
Work Location: Flexible Remote- Burr Ridge, IL
CBA Code: Non-Union
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. 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 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.
Be a part of a world-class academic healthcare system at UChicago Medicine Care Network as a Financial Analyst II . 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. This is a flexible remote opportunity with the requirement to come onsite to our Burr Ridge, IL location 3 times per week.
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. Financial Analyst II will collaborate closely with operations and finance leadership to drive financial performance, optimize resource utilization, and support the strategic objectives of the medical center.
Essential Job Functions
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 targetsCollaborate with operational leaders to analyze and improve the financial performance of various ambulatory clinics, including patient volume, payer mix, and service line profitabilityPartner 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
Required Qualifications
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
Preferred Qualifications
Master's Degree
CPA
Experience within an academic medical center or ambulatory services environment
Position Details
Job Type/ FTE: Full-Time; 1.0 FTE
Shift: Days
Unit/Department: CMG Administration
Work Location: Flexible Remote- Burr Ridge, IL
CBA Code: Non-Union
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. 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 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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