Senior Financial Analyst—Lease PPE

The salary range for this position is $37.40 - $52.37 (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 located at jobs.nm.org/benefits 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 Senior Financial Analyst reflects the mission, vision, and values of Northwestern Medicine (NM), 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 Senior Financial Analyst is responsible for the preparation and review of analysis for various business unit leadership, the internal board of directors, and regional reporting.  The position is also charged with accounting, budgetary, and financial analysis activities as well as preparing complex journal entries and advanced reconciliations. The Senior Financial Analyst supports the finance function of Northwestern Medicine through special projects.

Responsibilities:

• Review leases for documentation, expiration, asset definition. Determine and document ASC842 implications.
• Establish and explain lease transactions, supporting schedules and analysis, budget forecasts.
• Create JEs, roll forwards, audit schedules. Integrate leased asset information into the central repository.
• Analyze complex transactions including embedded, real estate, build to suit, short/long term leases.
• Research lease exposure and due dates required for lease obligation footnote schedule. Compile commitment obligation footnote schedule support.
• Reconcile lease roll-forwards. Investigate variances and prepare resolutions for posting prior to fiscal close.
• Prepare reconciliations; analyze variances; and initiate corrective actions on transactions with a high degree of complexity in support for finance and operating departments.
•  Evaluate leased asset fair value and document support
• Reconcile and confirm leased asset existence or utilization. Address retirement processing and lease expiration.
• Engage with Real Estate, Purchasing, Sourcing, Contracting, and requestors to understand details and embedded
• leased elements. Review and authorize requisitions including short term lease, evaluations, placements, rentals.
•  Research lease support documentation for affiliation valuation and reconciliation, including contracts, financial/operating implications
• Research and interpret changes in financial reporting policy, applying observations and recommendations to operational issues.

Qualifications

Required:

• Bachelor’s degree in Accounting, Finance, or Business Administration
•  Requires high attention to detail, strong communication, collaboration, and analytical skills
• Experience in a fast paced, dynamic environment
• Advanced knowledge of Microsoft Office Suite – specifically Excel and PowerPoint
•  Moderate knowledge of SQL and relational databases

Preferred:

• Master degree in Accounting, Finance, or Business Administration
• PeopleSoft or comparable ERP experience
• Experience in project management
• Systems experience using tools to manage multiple capital projects and asset transactions

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.

If we offer you a job, we will perform a background check that includes a review of any criminal convictions. A conviction does not disqualify you from employment at Northwestern Medicine. We consider this on a case-by-case basis and follow all state and federal guidelines.

Benefits

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.