Financial Analyst
Job ID:
R99980
Shift:
1st
Full/Part Time:
Full_time
Location:
Advocate Illinois Masonic Medical Center – 836 W Wellington Ave
Chicago, IL 60657
Benefits Eligible:
Yes
Hours Per Week:
40
Schedule Details/Additional Information:
This is Hybrid position, in-person & remote.
- Prepares financial and statistical analysis for Aurora Health Care and affiliates.
- Prepares, communicates and monitors financial projections.
- Participates in the development of detailed cost accounting and productivity standards and utilizes them in financial proformas and budgeting. In addition, the incumbent must perform subsequent variance analysis on these standards.
- Participates in the development and maintenance of procedural prices using appropriate costing methodologies and market analysis and reimbursement information.
- Prepares, communicates and monitors operating and capital budgets.
- Acts as support for all areas of budgeting, finance, cost accounting and reporting.
- Applies the rules and regulations, and payment mechanisms of government programs and managed care companies to financial activities.
- Prepares, communicates, and monitors benchmarking activities.
- May prepare and/or provide necessary information required for completing the Medicare and Medicaid interim and year-end cost reports as assigned.
- Uses Excel spreadsheets to develop automated processes in order to minimize manual efforts.
Licensure, Registration, and/or Certification Required:
- None Required.
Education Required:
- Bachelor’s Degree in Finance or related field.
Experience Required:
- Typically requires 3 years of experience in finance and/or accounting.
Knowledge, Skills & Abilities Required:
- Experience using various computers/software systems including Word, Windows based mainframe, database spreadsheets, and generating reports from various databases. The ability to learn new applications and instruct others on their use is needed.
- An understanding of the various rules and regulations of government programs and their related implications.
Physical Requirements and Working Conditions:
- Position may require travel which may result in exposure to road and weather hazards.
- Exposed to normal office environment.
- Operates all equipment necessary to perform the job.
This job description indicates the general nature and level of work expected of the incumbent. It is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities required of the incumbent. Incumbent may be required to perform other related duties.
Advocate Health Care is the largest health system in Illinois and a national leader in clinical innovation, health outcomes, consumer experience and value-based care. One of the state’s largest private employers, the system serves patients across 11 hospital locations, including two children’s campuses, and more than 250 sites of care. Advocate Health Care, in addition to Aurora Health Care in Wisconsin and Atrium Health in the Carolinas, Georgia and Alabama, is now a part of Advocate Health, the third-largest nonprofit, integrated health system in the United States. Committed to providing equitable care for all, Advocate Health provides nearly $5 billion in annual community benefits.
