Financial Analyst I, II, III and Senior Financial Analyst at Cleveland Clinic

| Cleveland, OH
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This position is posted as an Evergreen. You are submitting your application for Financial Analyst I, II, III or Senior Financial Analyst I opportunities within our Financial Operations Department.

Once you apply, we will personally review your application to ensure that you meet the minimum qualifications and have completed the entire application. At that time, you may be contacted to discuss your experience. This way, we can be sure that the job you apply for is the perfect fit for you.

Below is the Financial Operations Structure and what we are looking for in our candidates:
• Budget/Forecast Team - Responsible for administering the annual enterprise budget, producing the yearly financial plan, budget adjustments, long-range, and service line forecasts, etc.
• Capital - Assess financial impacts of strategic capital requests including business plan reviews and initiative prioritization.
• Corporate Development - Support strategy, organizational planning and operational leadership to effectively manage significant growth initiatives involving hospital and physician practice mergers & acquisitions, joint ventures, affiliations and alliances.
• Performance Improvement - Partners with various leaders and areas to lead enterprise, or larger-scale, projects to both increase the efficiency and effectiveness of our operations.
• Regional (Ohio) Finance - Provides financial operations support to all departments of Ohio Regional Hospitals, Family Health Centers, Cleveland Clinic Community Care, and Pediatrics. Serves as the liaison between the Clinical/Operations and all other Finance departments, advises Executive and Department leads in achieving the organizations goals. Leads performance management, budgeting/forecasting, strategic business planning, capital planning activities, and ad-hoc reporting /analysis.
• Shared Services - Partners with C-suite corporate divisions to help guide the financial aspects of their service line (budget, monthly close, etc.), but also to act as a strategic partner with regards to future planning, enterprise goals, and project-related work.
• Institute Finance - Partners with clinical and operational leaders in Anesthesiology, Connected Care, Imaging, Pathology and Lab, Pharmacy, and Surgical Operations in developing financial reports and tools to optimize performance. The team performs financial reporting, business planning, benchmarking, cost accounting, contract evaluation, pricing reviews, and is responsible for leading the annual capital, treasury, patients served, and operating budgets.

Analysts that we bring in will be primarily placed in one of the departments, but we operate what is called a matrixed environment, where they will have access and project/operational work in each of the areas. The goal is to develop well-rounded candidates who will develop into future finance leaders within the organization.

Qualities we look for: • Proactive Mindset - Attack the work. Don't wait for it to come to you. • Work Ethic - Drive to achieve and want to get better. • Courage - We are an open and honest group. Everyone is expected to voice their thoughts. • Curiosity - Willingness to learn a difficult subject matter and take ownership of it.

Responsibilities:

  • Prepares, analyzes and communicates key financial information and provides support to management and other staff members regarding financial reporting and other related issues.
  • Assists with budget preparation and financial planning processes and budget review for compliance and opportunities.
  • Serves as consultant to all levels of management to provide decision support for initiatives, policies and procedures.
  • Completes special projects and duties including providing necessary research, forecasting and conflict resolution.
  • Other duties as assigned.

Education:
  • Bachelor's degree in Accounting, Finance, Business or related field required.
  • Master's Degree preferred

Certifications:
  • Certified Public Accountant (CPA) or Certified Management Account (CMA) certification preferred.

Complexity of Work:
  • Requires critical thinking skills, decisive judgment and the ability to work with minimal supervision.
  • Must be able to work in a stressful environment and take appropriate action.
  • Ability to complete basic analytical, consultative and information support through analysis and report preparation.
  • Demonstrated critical thinking, attention to detail and the ability to work with minimal supervision.
  • Awareness of key performance indicators, cash flow analysis, product line analysis and proposal development.

Work Experience (Financial Analyst I):
  • One year Accounting, Finance, Healthcare, Investment Banking or Management Consulting experience preferred.

Work Experience (Financial Analyst II)
  • Minimum of 2 years financial or revenue cycle management or general analytical experience required.
  • Healthcare experience preferred.
  • Offset: Master's degree and 1 year of related experience.
  • Offset: Cleveland Clinic Finance Fellow experience may offset 1 year of required experience.

Work Experience (Financial Analyst III):
  • Minimum of 3 years financial or revenue cycle management or general analytical experience required.
  • Healthcare experience preferred.
  • Offset: Master's degree and 2 years of related experience.
  • Offset: Cleveland Clinic Finance Fellow experience may offset 1 year of required experience.

Work Experience (Senior Financial Analyst I):
  • Minimum of 4 years finance, revenue cycle management or general analytical experience required.
  • Healthcare experience preferred.
  • Offset: Master's degree and 3 years of related experience.
  • Offset: Cleveland Clinic Finance Fellow experience may offset 1 year of required experience.

Physical Requirements:
  • Typical physical demands include a high degree of dexterity to produce materials on a PC, normal or corrected vision, extensive sitting and frequent walking, occasional lifting or carrying up to 25 pounds.

Personal Protective Equipment:
  • Follows standard precautions using personal protective equipment as required.

#LI-LF1

Keywords: Financial Analyst, Analysis, Financial Planning, Financial Reporting, Budget, Shared Services, Business Development, Performance Improvement.

The policy of Cleveland Clinic Health System and its system hospitals (Cleveland Clinic Health System) is to provide equal opportunity to all of our employees and applicants for employment in our tobacco free and drug free environment. All offers of employment are followed by testing for controlled substance and nicotine. Job offers will be rescinded for candidates for employment who test positive for nicotine. Candidates for employment who are impacted by Cleveland Clinic Health System's Smoking Policy will be permitted to reapply for open positions after 90 days.

Cleveland Clinic Health System administers an influenza prevention program as well as a COVID-19 vaccine program. You will be required to comply with both programs, which will include obtaining an influenza vaccination, COVID-19 vaccination, or an exemption.

Decisions concerning employment, transfers and promotions are made upon the basis of the best qualified candidate without regard to color, race, religion, national origin, age, sex, sexual orientation, marital status, ancestry, status as a disabled or Vietnam era veteran or any other characteristic protected by law. Information provided on this application may be shared with any Cleveland Clinic Health System facility.

Please review the Equal Employment Opportunity poster

Cleveland Clinic Health System is pleased to be an equal employment employer: Women / Minorities / Veterans / Individuals with Disabilities
More Information on Cleveland Clinic
Cleveland Clinic operates in the Biotech industry. The company is located in Cleveland, OH. Cleveland Clinic was founded in 1921. It has 35564 total employees. It offers perks and benefits such as Flexible Spending Account (FSA), Disability Insurance, Dental Benefits, Vision Benefits, Health Insurance Benefits and Life Insurance. To see all 92 open jobs at Cleveland Clinic, click here.
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