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Financial Analyst
Advocate Aurora Chicago, IL
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$68k-83k (estimate)
Full Time 2 Months Ago
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Advocate Aurora is Hiring a Financial Analyst Near Chicago, IL

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.

Job Summary

JOB TYPE

Full Time

SALARY

$68k-83k (estimate)

POST DATE

02/17/2024

EXPIRATION DATE

06/11/2024

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The following is the career advancement route for Financial Analyst positions, which can be used as a reference in future career path planning. As a Financial Analyst, it can be promoted into senior positions as a Financial Analyst III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Financial Analyst. You can explore the career advancement for a Financial Analyst below and select your interested title to get hiring information.

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If you are interested in becoming a Financial Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Financial Analyst for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Financial Analyst job description and responsibilities

Broadly speaking, a financial analyst works with financial data to help organizations make business decisions.

02/23/2022: Mcallen, TX

Build financial models to perform financial forecasts, predict business scenarios, and provide other data analysis to help make business decisions.

02/10/2022: Newark, NJ

Every financial analyst’s job will hold different responsibilities depending on their specialty and where they work.

12/27/2021: Dallas, TX

They often develop and execute complex methodologies that enable them to generate useful pointers from the financial data and problem statements that their clients provide.

12/11/2021: Manchester, NH

Financial analysts who have little to no professional experience are responsible for gathering data, financial modeling and creating or maintaining spreadsheets.

01/12/2022: Laramie, WY

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Financial Analyst jobs

To become a senior or junior level financial analyst, one may be required to earn a Master’s of Business Administration.

12/07/2021: Baltimore, MD

Obtaining a finance degree (bachelor’s or MBA) and working towards becoming a financial analyst requires the development of skills, expertise, and specific abilities.

03/03/2022: Omaha, NE

To be a financial analyst, one should be good with numbers, comfortable presenting research, analytical, and have great ability to research large amounts of data and pay attention to small details.

12/27/2021: Youngstown, OH

Earning a finance degree and taking the steps to become a financial analyst requires specific abilities and the development of specialized skills.

12/11/2021: Burlington, VT

With relevant work experience and appropriate training, finance students can become equipped to pursue the path of becoming a financial analyst.

03/06/2022: Burlington, VT

Step 3: View the best colleges and universities for Financial Analyst.

Florida Southern College
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