Financial Analyst II

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
• Required 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

• 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