Senior Financial Analyst

Company Description

La Rabida Children’s Hospital provides specialized, family-centered health care to children with medically complex conditions, disabilities, and chronic illness. Through expertise, compassion, and advocacy we help children and their families reach their fullest potential, regardless of their ability to pay.

Our not-for-profit hospital, licensed for 49 beds, helps transition children from neonatal or pediatric intensive care to home, by providing medical, rehabilitative and developmental care, and by training families to continue treatments and manage the necessary equipment in the home. La Rabida also provides extensive rehabilitation for those recovering from wounds or burns and treatment for exacerbations of chronic conditions.

The hospital’s enhanced pediatric patient-centered medical home provides primary care to children with complex medical conditions and their siblings. Children with medical homes elsewhere come to La Rabida for specialty services. La Rabida offers a wide range of specialty services provided to children with sickle cell disease, diabetes, and many others. Children are supported in their emotional and developmental growth, particularly in cases where such growth has been interrupted by accident or disease.

Finally, La Rabida provides forensic and treatment services for children exposed to abuse and neglect, comprehensive assessments for youth in care, early intervention for children between 0 and 3 years of age. Care coordination services for medically complex children are also provided for those who are covered by a health plan and receive care from providers in Cook County

Job Description

The financial analyst will assist in the preparation of the operational and capital budgets, review and analyze departmental variance analyses, provide various financial reports and analyses for senior management and Financial Committees of the Board, develop key performance indicators and operational benchmarking, analyze economics of various programs and functions, maintain liaison with departmental leadership and administrative staff in the preparation and analyses of financial reports to resolve problems concerning budget variances, provide information to various external organizations and professional organizations concerning fiscal operations, assist Financial Management in various special projects and requests, perform other duties as directed.

• Assists in the preparation of the annual budget.
• Prepare monthly, quarterly, and annual financial statements.
• Develop dashboards and KPIs for leadership review.
• Reviews and analyzes monthly variances to budget
• Review and prepare inter-department cost allocation schedules.
• Function as the System Administrator for the budget tool (Axiom / Strata), including access rights.
• Related to actual financial statements - perform monthly data downloads, review of key performance indicators, and monthly report distribution.
• Maintain liaison with department leaders regarding spending variances and developing the annual budget. Provide monthly recommendations for corrective actions along with department leadership.
• Provide information to external organizations.
• Prepare reports for Senior Management and Financial Committees of the Board.
• Ad hoc ROI and cost benefit analysis across programs and functions.
• Support financial system upgrades and data integrity initiatives.
• Identify opportunities for automation and process improvements.
• Support monthly Revenue Cycle reimbursement analysis.
• Assist with other duties as directed.

Qualifications

• Bachelor’s degree in Accounting or Finance required. CPA or MBA preferred.
• 3-5 years of healthcare, 6+ years total of finance-related experience required.
• CPA preferred
• Microsoft Office, proficiency in Excel, forecasting, and modeling required. Proficiency in Meditech, Athena, or Budget Advisor required

Additional Information

La Rabida Children’s Hospital is very proud to be an Equal Employment Opportunity Employer

La Rabida is a place unlike any other. We understand the needs of families with children dealing with the most serious or complicated of conditions. With teams of the best healthcare providers in Chicago, we give continuous, comprehensive care, education, and support, helping families face their unique obstacles head-on.

La Rabida Children’s Hospital is very proud to be an Equal Employment Opportunity Employer.