GENERAL SUMMARY/BASIC PURPOSE OF JOB:

Manages financial operations activity, function, and data within the Finance department, and assists the Director in maintaining financial accountability, analysis, and projections for the acute hospitals and related entities and service lines. Provides oversight to Sr. Financial Analyst and provides leadership to system management in all financial areas, including budget planning, development and monitoring of financial and statistical reporting, decision support, financial planning and analysis, month-end analysis, productivity reporting, as well as insight and direction on processes and data within revenue cycle, supply chain, accounts payable, payroll, and accounting. Serves as a resource and counsel to system management on financial management matters, including the identification and quantification of opportunities for financial improvement. This position more specifically also manages the completion of the annual operating budget for the acute care hospitals, including education sessions, guidelines, worksheets, and ad-hoc data as needed by the departments to support improved understanding and realization of opportunity. As part of the ongoing budget and forecasting processes, provides financial information and prepares analysis in support of service line transformation and growth, EBITDA improvement/cost management activities, benchmarking and operations analysis, business development, service line evaluation, and other areas.

REPORTING RELATIONSHIPS:

• Reports to: Director
• Provides Supervision to: Sr. Financial Analyst

ESSENTIALS FUNCTIONS AND DUTIES:

• Manages service line analysis and forecasting activities that assess opportunities via business modeling, analysis, and decision support to drive improved performance in the clinical mission. Formulates and provides recommendations regarding appropriate performance metrics to senior leadership. Excellent analytical skills, including ability to review quantitative and qualitative data and reach sound conclusions.
• Manages the delivery of key reports on progress related to departmental financial and operating performance. Develops custom reports with current reporting tools or in coordination with Business Intelligence team to evaluate operating and financial efficiency as requested.
• Responsible for gathering data and updating various models as requested.
• Responsible for compiling and reporting key weekly, monthly, and quarterly statistical and financial reports.
• Responsible for the preparation of the annual budget, preparing financial forecasts for assigned entities and service lines in accordance with Sinai Chicago’s strategy and requirements.
• Manages costs of the assigned entity by continually seeking data that will identify opportunities and act to eliminate non-valued costs in conjunction with the entities leadership team.
• Participates in the hospital’s monthly operations review, as well as participates in corporate office meetings as deemed necessary.
• Participates in the monthly review of financial statement reports for the assigned entity and reporting the financials results to the entities leadership teams. Performs all other designated assignments as required by the position or as established by the Director, VP, and/or CFO.

MINIMUM EDUCATION:

• Bachelor’s degree in Accounting, Finance, Business Administration

MINIMUM WORK EXPERIENCE:

• Minimum of five (5) years in finance or accounting with two (2) years of experience in a healthcare environment
• Minimum of five (5) years of experience with spreadsheets, databases, and report-writing software
• Experience with modeling and large data analysis
• Experience with business administration, process improvement, data analytics, revenue cycle and/or business intelligence/decision support preferred
• Excellent communication skills with the ability to develop strong relationships at all levels

KNOWLEDGE & SKILLS:

• Self-Starter
• Ability to operate with minimal supervision
• Ability to multi-task
• Analytical and detailed-oriented
• Excellent Technical, Financial, and Project Management Ability
• Advanced Excel and financial modeling skills
• Excellent analytical and critical thinking skills, including ability to review quantitative and qualitative data and reach sound conclusions
• Excellent systems and data skills, familiarity with GL and patient accounting systems, strong understanding of hospital and provider operations and revenue cycle, as well as hospital reimbursement principles
• A strong collaborator and decision-maker, with success managing time, leading projects, and supervising deliverables
• Excellent Communication and Customer Service Skills
• Ability to communicate across all departments and levels in the organization
• Confidence explaining financial data and concepts to non-finance leaders
• Ability to relate to vendors and employees in a professional manner
• Action-oriented and eager to embrace new opportunities and tough challenges with a sense of enthusiasm and energy
• Effective at creating and maintaining formal and informal networks inside and outside the organization to further departmental and system goals

• Collaborative Leadership Skills
• Ability to direct work with finance, operations, and other administration teams, and earn the respect of colleagues

REQUIRED LICENSES, CERTIFICATES, REGISTRATIONS:

• CPA / MBA a plus