Job Description

The Analyst, Finance I reflects the mission, vision, and values of NM, 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 Analyst, Finance I, under the direction of the Department Administrator or Manager of Financial Affairs, provides financial management services by devising and implementing efficient and effective financial management systems. Such responsibilities may involve the collecting and analyzing of information prior to presenting to management; preparing reports, expediting work results; and establishing and revising work procedures.

Responsibilities:

• Budget Planning & Development:
  • Prepares the annual operating budgets. Present budgets to direct manager in a timely fashion.
  • Ensures consolidations are correct.
  • Ensures all contractual relationships and obligations are appropriately reflected in the budget.
  • Ensures the overall budget represents a fair assessment of the likely financial outcome of the Department.
  • Prepares and assists in the preparation of grant budgets.
• Implementation and Coordination of Budgets:
  • Implements approved budgets, manages the department within the approved financial targets and guidelines.
  • Monitors and manages the activity and balances for all departmental accounts (including grants) throughout the year.
  • Manages the transfer of expenses between accounts controlled by the department in a manner that best serves the department’s needs and financial targets.
  • Prepares meaningful variance analyses as required by the organization and health system.
  • Collaborate with the Finance Department(s) in resolving all financial reporting errors or omission. Report all discrepancies within one accounting cycle.
  • Manage Accounts Payable processing for the organization, FSM and NMH.
• Coordinate Department Payroll Processes:
  • Maintain faculty common paymaster Position and Appointment forms.
  • Prepare faculty common paymaster payroll paperwork.
  • Process faculty additional pay forms.
• Collect data, creating reports that will enable the Department Administrator to make effective decisions for the department.
• Assist with the development of business plans.

Qualifications

Required

• Bachelor’s degree or equivalent financial management experience required.
• High School degree required.
• 1 year of experience in a relevant role.

Preferred

• Previous experience in an academic medical center strongly preferred.

Equal Opportunity

Northwestern Medicine is an equal opportunity employer (disability, VETS) and does not discriminate in hiring or employment on the basis of age, sex, race, color, religion, national origin, gender identity, veteran status, disability, sexual orientation or any other protected status.

Background Check

Northwestern Medicine conducts a background check that includes criminal history on newly hired team members and, at times, internal transfers. If you are offered a position with us, you will be required to complete an authorization and disclosure form that gives Northwestern Medicine permission to run the background check. Results are evaluated on a case-by-case basis, and we follow all local, state, and federal laws, including the Illinois Health Care Worker Background Check Act.

Artificial Intelligence Disclosure

Artificial Intelligence (AI) tools may be used in some portions of the candidate review process for this position, however, all employment decisions will be made by a person.

Benefits

We offer a wide range of benefits that provide employees with tools and resources to improve their physical, emotional, and financial well-being while providing protection for unexpected life events. Please visit our Benefits section to learn more.

Sign-on Bonus Eligibility (if sign-on bonus offered for position): Internal employees and rehires who left Northwestern Medicine within 1 year are not eligible for the sign on bonus. Exception: New graduate internal employees seeking their first licensed clinical position at NM may be eligible depending upon the job family.