Financial Planning & Analysis Manager

Job Description

We are hiring a Financial Planning and Analysis Manager to work in the Budget Operations department at UChicago Medicine. This opportunity offers remote flexibility with 2-3 days onsite at Hyde Park in Chicago, IL and/or Burr Ridge, IL.

The Manager of Financial Planning & Analysis will report to the Director, Financial & Capital Planning and will lead the development & implementation of standard financial planning tools & processes for new business development and acquisition, will update and maintain planning software using current operating results and future assumptions. Will collaborate with strategic business planning in the analysis of new business plans both internal and external (Joint Ventures, acquisitions) for inclusion in the long term financial forecast model.

Includes institutional financial planning to be incorporated into Hospital’s annual operating budget. In conjunction with the Finance and Patient Accounting departments develop the appropriate level of estimated reimbursements to be incorporated into long-term financial forecasts. In this role, the Manager will work collaboratively with subject matter experts & leaders throughout UCM and potential business partners, such strategic planning, physician network development, clinical operations, managed care, service line staff, legal counsel, bankers & outside consultants.

The Manager will lead the financial planning team on development & integration of financial data analytics & reporting across existing UCM lines of business and new acquisitions & partners, forging a common tool kit of metrics & methodologies for evaluating financial performance. This position will lead the transition and integration of new long-range financial planning tools (Strata) and develop procedures and systems to ensure accurate, reliable forecasts and projections.

• Drive robust financial planning & system integration team
• Manage the production of financial analyses, economic models, and business pro forma statements for new & existing lines of business
• Work with the Finance Leadership Team & the larger organization to define, standardize & streamline key financial data & reporting to measure financial performance more timely & accurately

• 5+ years’ experience with Financial Planning and Analysis
• Previous experience working in a healthcare or hospital environment
• Previous work experience with mergers and acquisitions
• Bachelor’s degree (advanced degree preferred) in business, accounting, finance, economics or related discipline
• Specific expertise in financial statement analysis, financial modeling, new business pro forma development & performance measurement for health care lines of business such as hospitals, physician practices, ambulatory care centers, etc.
• Demonstrated track record of success in recruiting, retaining, developing & managing analytic staff in a dynamic, matrix environment with tight time frames & multiple key customers across the senior leadership of the organization
• Mastery of all phases of the financial project lifecycle, including communication & consultation on project definition & scope, identification of data sources & obstacles, high-impact analysis & model building, and effective visualization & communication of results & findings to improve senior leadership decision making
• Aptitude for analyzing & communicating options for complex business decisions such as mergers & acquisitions, new business development & make/buy alternatives
• Strong team-building & management skills to assemble the right team of subject matter experts across lines of responsibility to complete the project timely & accurately
• Demonstrated skills & savvy to work independently & interact successfully in a consultative capacity with physician & business leadership
• Proven expertise in health care financial data (e.g., hospital, physician office) & industry business intelligence tools (e.g. SQL, SSIS, Python, Excel, Office, Crystal, Spotfire, Cognos, Tableau, Enuff, HCI, cost accounting systems)
• Aptitude, ability & track record of serving as “internal change agent,” with experience standardizing, streamlining &…