Financial Planning Analyst

• Position: Financial Planning Analyst
• Location: Warrenville, IL
• Full Time/Part Time: Full Time
• Hours: Monday-Friday, 8am – 4:30pm
• Required Travel: as needed

Builds strong relationships throughout Endeavor Health, and acts as budget financial planning, and financial analysis support for clinical and operational teams, primarily through financial analysis, productivity tracking, budget analysis and operational improvement initiatives.  Supports, trains and helps build the annual capital and operating budgets.  Utilizes all key financial systems for budgeting, reporting, financial statements, physician compensation, long range financial planning and financial analysis. Increases the flow of information across the organization by identifying opportunities to build standardized reports and dashboards.  Supports and interacts with leaders using key analysis and recommendations, and ad hoc reporting.

• →Distributes bi-weekly productivity data to ensure that staffing levels are working effectively across the System. Meets with various departments to educate, explain and discuss opportunities for improvement, and ensures integrity of the data.
• →Provides timely financial analysis as it relates to productivity and budget variances across the System.  Assists management in using and interpreting financial information to make decisions regarding the expansion of services or programs, to identify and implement opportunities to improve profitability, or to eliminate services, etc.  Also finds solutions to data needs that will aid in the decision making process.
• →Builds strong relationships across the System, including leadership.  Effectively uses information to provide analysis and recommendations that strengthen these relationships and ultimately improve operational performance.
• →Partners with department leaders to develop and support improvement initiatives using financial information and key analysis.
• →Supports, trains and helps build the annual capital and operating budgets.  Assists in the entry of baseline data in preparation for the operating budget completion.  Reviews and analyzes the submitted budget requests and helps prepare a consolidated summary and any needed presentation material.  Participates in approval process by providing technical data, analytical and ad hoc analyses as requested.  Maintains a thorough working knowledge of the process in order to be able to explain variances and respond to inquiries.  Ensures needed updates are tested and implemented correctly.
• →Maintains liaison with operational managers to advise on projects, cash flows and related financial matters.
• →Assists in the preparation of various written and/or financial reports and analysis for management, physicians, internal committees and external agencies.
• →Assists in the preparations of post project reviews on projects as required by the Finance Committee and/or Senior Leadership.
• →On an as needed basis, assists in all aspects of physician compensation, including compensation plan modeling, incentive plan, review of fair market value, submission of survey data, and analysis of survey data results.  Reviews information and results with the appropriate parties.
• →Assists with the preparation of presentations for analysis and projects to management and internal committees for approval.
• →Conducts financial analysis of new and existing services and/or programs, capital investments, capital and operating leases, and other financial arrangements as assigned to financial measure the financial impact of the opportunity and alternatives.
• →Learns and utilizes key financial systems.  Actively involved in the implementation of new systems and ensures all reporting needs and functionality are incorporated.  Ensures the integrity of these financial systems is accurate and updated on a timely basis.
• →Effectively uses databases to gather, sort and extract data necessary for the proper tracking of key improvement initiatives.
• →Provides reporting to help explain monthly budget and productivity variances. Works diligently with departments to review and understand their variances and help prepare an action plan.
• →Distributes data to assist in the monthly financial close process.
• →Distributes standardized reports to aid in the overall understanding and assessment of business performance.  Seeks out opportunities to build dashboards and reports.
• →Maintains budget, management reporting, and long-range financial planning systems
• →Prepares ad hoc reporting, using financial, statistical, or patient visit data sources. Provides technical and informational assistance, as well as guidance, to others on the use of these sources.
• →Demonstrates a positive, open minded, can-do attitude, setting the example for staff to follow. Represents willingness/enthusiasm to embrace and facilitate change. Takes initiative and ownership of issues, is responsible, organized, efficient, and focused on goals. Consistently follows through on commitments and gets results.  Able to think outside of current practices, roles and conditions to creatively generate new possibilities for solutions, expectations, and efficiencies.  Exercises a high level of confidentiality and sound judgment in accessing, using and sharing sensitive information.
• →Proactively anticipates customer needs and provides clear, concise analytical data that is user friendly and easily understood.  Thoroughly understands source of data and can easily explain how and why the information was derived and manipulated.
• →Fosters innovative thinking and functions as a change agent to facilitate greater efficiencies, higher quality output and improved customer service.
• →Maintains knowledge of current trends and developments in field of expertise by reading appropriate books, journals and other literature and attending related seminars & conferences.

• →Education: Bachelors Degree Required
• →Certification: n/a
• →Experience: 1 year of previous financial analysis, cost accounting, budgeting, statistical or related experience
• →Unique or Preferred Skills:
• →Proficiency with Microsoft Office Suite with an emphasis on Excel
• →Proficiency in financial software packages with the ability to learn new systems easily
• →Strong problem solving and analytical mindset
• →Desire to learn, grow, and seek increased responsibility
• →Strong written, verbal communication and presentation skills. Ability to convey information in a clear, focused, and concise manner