Financial Analyst, Financial Planning, Full Time, Days, Hybrid

The Financial Analyst reflects the mission, vision, and values of Northwestern Medicine, adheres to the organization’s Code of Ethics and Corporate Compliance Program, and complies with all relevant policies, procedures, guidelines and all other regulatory and accreditation standards.The Financial Analyst is responsible for recording transactions, performing analysis activities, and evaluating trends and drivers at Northwestern Medicine. The position will also be charged with the preparation and some review activities related to the month end close process; as well as support for the annual financial statement audit. The analyst will need to understand complex financial concepts in a fast paced environment.Responsibilities:Support the organization-wide budget process by performing detailed review of budget submissions and proposals for completeness and accuracy.Maintain key information populated in the budget system used for various budget calculations as well as perform troubleshooting activities.Analyze, track, and present major components of the budget including fringe benefit, insurance, depreciation, volume, capacity, payor mix, revenue deduction, and inflation assumptions. Perform financial analysis that compares budgets and proposals to targets. Create board materials and presentations to be used during the budget approval process. Prepare and deploy status reports to key users that provide meaningful information on projects, budgets and budget variances, statistics, and productivity.Provide training and education, as needed to management and staff outside of Finance. Work with others throughout the organization (including all levels of management) to answer inquiries, provide information, troubleshoot problems, and complete various financial analysis projects.Maintain data definitions and structure in management reporting system used throughout the organization.  Reconcile input data from ERP, payroll, and other financial systems.Build and update reports based on the needs of business leaders.Other duties as assigned.Performance Expectations:Consistently perform the unique professional/technical competencies and specific job requirements.Exemplify customer orientation by identifying, addressing and satisfying customers’ needs and wants, both spoken and unspoken, incorporating the Patients First philosophy.Exemplify communication and relationship competencies by fostering an open exchange of information that assures understanding, commitment and effective interpersonal and team relationships.Exemplify problem solving by objectively assessing the major elements of a specific situation from a number of viewpoints and consider an array of alternatives to formulate realistic plans and contingencies; taking the appropriate action, and establishing appropriate measurements of anticipated results.Exemplify initiative by taking action without being prompted by others and act as a catalyst to spur others to action.Exemplify quality by performing the role with accuracy, thoroughness, efficiency and effectiveness in relation to both stated and unstated standards of excellence.Demonstrate health & safety responsibility by being knowledgeable about and adhering to hospital-wide and department-specific health and safety standards, integrating them into everyday activities.