Financial Analyst

Department: 10218 Advocate Aurora Health Corporate - Financial Planning: IL PSA Central Chicagoland Status: Full time Benefits Eligible: Yes Hours Per Week: 40 Schedule Details/Additional Information: This is Hybrid position, in-person & remote. Major Responsibilities: 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 Aurora Health is one of the 10th largest not-for-profit, integrated health systems in the U.S. with nearly 3 million patients served at more than 500 sites of care in Illinois and Wisconsin, including 28 hospitals. We're redefining the standard for care with world-class doctors and caregivers, innovative solutions, outstanding outcomes, and leading-edge research and clinical trials. Combined, Advocate and Aurora are recognized for clinical excellence in a variety of specialties. Advocate Aurora Health is one of the 10th largest not-for-profit, integrated health systems in the U.S. with nearly 3 million patients served at more than 500 sites of care in Illinois and Wisconsin, including 28 hospitals. We're redefining the standard for care with world-class doctors and caregivers, innovative solutions, outstanding outcomes, and leading-edge research and clinical trials. Combined, Advocate and Aurora are recognized for clinical excellence in a variety of specialties. This is Transformation One shared purpose brought us together. Now, as one of the 10 largest not-for-profit, integrated health systems in the United States, our combined strength and stability drives us forward. Starting with You Caring for nearly 3 million people has inspired a transformation. One in which the patient’s experience guides our vision and empowers us to offer new possibilities in our communities. Reshaping Access What is access? It’s offering more sites of care than any other health system in the Midwest. But there’s a new frontier. Access is exploring the latest technologies to deliver care to patients exactly where they are and exactly when they need it Inspiring Professionals With our dynamically inclusive workforce and strong connections to the places where we live and work, we’ll touch more lives and contribute to stronger and more vibrant communities. Transforming Care We’re redefining the standard for care with world-class doctors and caregivers, innovative solutions, outstanding outcomes, and leading-edge research and clinical trials. Combined, Advocate and Aurora are recognized for clinical excellence in: Cardiovascular Care Neurosciences Gynecology Oncology Pediatrics Primary Care Neurology Geriatrics Trauma Care