Financial Analyst, Financial Planning, Full Time, Days, Hybrid

Benefits

• $10,000 Tuition Reimbursement per year ($5,700 part-time)
• $10,000 Student Loan Repayment ($5,000 part-time)
• $1,000 Professional Development per year ($500 part-time)
• $250 Wellbeing Fund per year($125 for part-time)
• Matching 401(k)
• Excellent medical, dental and vision coverage
• Life insurance
• Annual Employee Salary Increase and Incentive Bonus
• Paid time off and Holiday pay

The salary range for this position is $29.45 - $51.24 (Hourly Rate).

Placement within the salary range is dependent on several factors such as relevant work experience and internal equity. For positions represented by a labor union, placement within the salary range is guided by the rules outlined in the collective bargaining agreement.

We offer a wide range of benefits that provide employees with tools and resources to improve their physical, emotional, and financial well-being while providing protection for unexpected life events. Please visit our Benefits section to learn more.

Northwestern Medicine is powered by a community of colleagues who are purpose-driven and committed to our mission to deliver world-class care. Here, you'll work alongside some of the best clinical talent in the nation leading the way in medical innovation and breakthrough research with Northwestern University Feinberg School of Medicine.

We recognize where you've been, and we support where you're headed. We celebrate diverse perspectives and experiences, which fuel our commitment to equity and culture of service.

Grow your career with comprehensive training and development opportunities, mentorship programs, educational support and student loan repayment.

• Create the life you envision for yourself with flexible work options, a Reimbursable Well-Being Fund and a Total Rewards package that support your physical, mental, emotional and financial well-being.
• Make a difference through volunteer opportunities we offer in local communities and drive inclusive change through our workforce-led resource groups.

From discovery to delivery, come help us shape the future of medicine.

Description

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; as well as support for the annual financial statement audit. The analyst will need to understand complex financial concepts in a fast paced environment.

Responsibilities:

• Support the organization-wide budget process by performing detailed review of budget submissions and proposals for completeness and accuracy.
• Maintain key information populated in the budget system used for various budget calculations as well as perform troubleshooting activities.
• Analyze, track, and present major components of the budget including fringe benefit, insurance, depreciation, volume, capacity, payor mix, revenue deduction, and inflation assumptions. 
• Perform financial analysis that compares budgets and proposals to targets. Create board materials and presentations to be used during the budget approval process. Prepare and deploy status reports to key users that provide meaningful information on projects, budgets and budget variances, statistics, and productivity.
• Provide training and education, as needed to management and staff outside of Finance. Work with others throughout the organization (including all levels of management) to answer inquiries, provide information, troubleshoot problems, and complete various financial analysis projects.
• Maintain data definitions and structure in management reporting system used throughout the organization.  Reconcile input data from ERP, payroll, and other financial systems.
• Build and update reports based on the needs of business leaders.
• Other duties as assigned.

Performance Expectations:

• Consistently perform the unique professional/technical competencies and specific job requirements.
• Exemplify customer orientation by identifying, addressing and satisfying customers’ needs and wants, both spoken and unspoken, incorporating the Patients First philosophy.
• Exemplify communication and relationship competencies by fostering an open exchange of information that assures understanding, commitment and effective interpersonal and team relationships.
• Exemplify problem solving by objectively assessing the major elements of a specific situation from a number of viewpoints and consider an array of alternatives to formulate realistic plans and contingencies; taking the appropriate action, and establishing appropriate measurements of anticipated results.
• Exemplify initiative by taking action without being prompted by others and act as a catalyst to spur others to action.
• Exemplify quality by performing the role with accuracy, thoroughness, efficiency and effectiveness in relation to both stated and unstated standards of excellence.
• Demonstrate health & safety responsibility by being knowledgeable about and adhering to hospital-wide and department-specific health and safety standards, integrating them into everyday activities.

Qualifications

Required:

• Degree in Finance, Accounting, or related field
• 1-2 years of relevant experience
• Excellent communication, collaboration, and analytical skills
• High level of precision and attention to detail
• Proficiency in Microsoft Office Suite

Preferred:

• Healthcare finance experience
• Experience with an enterprise resource planning (ERP) system, preferably PeopleSoft

Equal Opportunity

Northwestern Medicine is an affirmative action/equal opportunity employer and does not discriminate in hiring or employment on the basis of age, sex, race, color, religion, national origin, gender identity, veteran status, disability, sexual orientation or any other protected status.