Financial Analyst II

Job ID:
R217891

Shift:
Various

Full/Part Time:
Full_time

Pay Range:
$41.10 – $61.65

Location:

AAO Oak Brook – 2025 Windsor Dr
Oak Brook, IL 60523

Benefits Eligible:
Yes

Hours Per Week:
40

Our Commitment to You:

Advocate Health offers a comprehensive suite of Total Rewards: benefits and well-being programs, competitive compensation, generous retirement offerings, programs that invest in your career development and so much more – so you can live fully at and away from work, including:

Compensation

  • Base compensation within the position’s pay range based on factors such as qualifications, skills, relevant experience, and/or training
  • Premium pay such as shift, on call, and more based on a teammate’s job
  • Incentive pay for select positions
  • Opportunity for annual increases based on performance

Benefits and more

  • Paid Time Off programs
  • Health and welfare benefits such as medical, dental, vision, life, and Short- and Long-Term Disability
  • Flexible Spending Accounts for eligible health care and dependent care expenses
  • Family benefits such as adoption assistance and paid parental leave
  • Defined contribution retirement plans with employer match and other financial wellness programs
  • Educational Assistance Program

Schedule Details/Additional Information:
Role is a remote work position.

Major Responsibilities:

  • Lead advanced financial analysis and reporting to support strategic initiatives, capital planning, and organizational goals. 
  • Develop and maintain sophisticated financial models for cash forecasting, capital planning, treasury management, and scenario analysis. 
  • Conduct benchmarking, KPI analysis, and variance reporting to identify trends, risks, and opportunities. 
  • Oversee budgeting processes, cost accounting, and productivity standards; provide recommendations for process improvements. 
  • Lead or coordinate complex financial projects, including business development assessments, program reviews, and reconciliation variances. 
  • Mentor accounting staff, provide financial systems training, and support professional development within the finance team. 
  • Develop presentations in PowerPoint to present complex financial information and recommendations to senior leadership; collaborate cross-functionally with internal departments and external stakeholders. 
  • Drive process improvements and implement best practices in financial analysis, reporting, and systems utilization. 
  • Create insurance agreement overview documents to summarize Value Based Contracts.
  • Review value-based care payments to ensure they are paid in accordance to contractual requirements and reconcile to cash and accrual transaction
  • Create insurance agreement overview documents to summarize Value Based Contracts.
  • Review value-based care payments to ensure they are paid in accordance to contractual requirements and reconcile to cash and accrual transactions

Minimum Job Requirements 

Education

Bachelor’s degree in finance, Accounting, Business, or related field.

Certification / Registration / License 

N/A

Experience

Minimum of 5 years of progressive experience in financial analysis or accounting, with demonstrated leadership or project management experience. 

Knowledge / Skills / Abilities 

  • Advanced analytical, problem-solving, and organizational skills  
  • Strong communication and presentation abilities  
  • Proficiency in Microsoft Office including advanced experience with Excel and PowerPoint
  • Ability to work independently and as part of a team in a fast-paced environment  
  • Detail-oriented, able to manage multiple priorities, and meet deadlines

Physical Requirements and Working Conditions

Office-based, with occasional travel 

Ability to handle confidential information and work under pressure 

Preferred Job Requirements 

Education

Master’s/CPA preferred 

Certification / Registration / License 

CPA, CMA, or CFP preferred

Experience  

Healthcare experience preferred including previous experience with Managed Care and Value Based Arrangements

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.