Senior Financial Analyst (Hybrid)

Posted 8 Days Ago
60622, Chicago, IL, USA
Hybrid
75K-97K Annually
Senior level
Healthtech • Social Impact
The Role
Analyzes financial and business data to support budgeting, forecasting, financial modeling, reporting, and management decisions. Responsibilities include assessing revenue, costs, utilization, membership trends, contractual adjustments, bad debt, reserves, and risk-return factors. The role prepares board, departmental, scorecard, and regulatory reports while manipulating complex datasets and communicating findings to executive audiences.
Summary Generated by Built In

Join the Erie team! Motivated by the belief that healthcare is a human right, we provide high quality affordable care to support healthier people, families, and communities. Erie delivers holistic care to help every member of the family stay healthy and active from infancy through adulthood. Since 1957, we have provided high-quality care to diverse patients most in need, regardless of their insurance status, immigration status, or ability to pay.


Erie Family Health Centers, a top workplace in Chicago and suburbs, is looking for a valuable addition to our Finance team! Under the general direction of the Finance Manager, the Senior Financial Analyst is tasked with analyzing business and financial data, systems, and processes with the objective of creating actionable information upon which management can make decisions. This is a hybrid position and requires a local candidate.


At Erie, we are proud to provide competitive salaries, high-quality health care plans, generous time off benefits, retirement benefits, and more! Erie employees are eligible for Erie’s Full Benefits Package that includes Medical, Dental, Vision, Life and Disability Insurance and Flexible Spending (FSA) for Health Care or Childcare. Retirement Programs: 401(k) program with Erie matching $0.50 for every $1.00 up to the first 5% of the employee’s biweekly salary. Annual Paid Time Off: starting at 20 days of PTO, and 8 paid holidays. Competitive salary, annual merit increases, plus room for growth and career advancement.


*Compensation is based on each candidate’s experience, skills and education within the range identified for the role. Candidates who meet the minimum requirements of the role will start at entry in the range. Any additional skills, experience and education will be reflected in the compensation offered.


Main Duties & Responsibilities

  • Perform a variety of technical and analytical functions in the areas of budgetary analysis, forecasting & financial management.
  • Conduct financial, statistical, and analytical assessments, including financial modeling, revenue/cost forecasting, and risk/return analysis; and prepare and assist in the preparation and reporting of financial reports.
  • Responsible for designing and generating various company reports and financial analytics that focus on cost, utilization, membership, trends, and ad hoc requirements.
  • Analyze revenue streams and contractual adjustments, bad debt and any changes to bad debt and contractual reserves.
  • Contribute to preparation of financial reporting (e.g., board reports, departmental reports, scorecards and regulatory reports such as UDS and 990).
Qualifications

Education

Required:

  • Bachelor’s Degree in Accounting, Business Administration, Finance or Health Services required.

Preferred:

  • Master’s Degree in Accounting, Business Administration, or Finance.

Experience:

Required:

  • Forecasting and Budgeting experience required.
  • 3 years of Experience required.

Preferred:

  • Healthcare billing industry experience a plus.
  • Medical claim analysis experience a plus.
  • Excel keyboard shortcuts a plus.
 

Skills and Knowledge

Required:

  • Must be advanced in the use of Microsoft Excel.
  • Ability to use the fundamental concepts, practices and procedures of financial data/medical claim analysis is required
  • Must possess in depth knowledge of provider reimbursement terms and concepts
  • Ability to work independently
  • Must be skilled at manipulating and analyzing complex data sets, systems and processes
  • Communication – Demonstrated ability to effectively communicate verbally and in writing to various audiences, particularly executive audiences.

Preferred:

  • SQL & Access experience preferred.
  • Axiom analytical model experience helpful

The Erie Advantage Pledge

WORKING TOGETHER FOR WHAT MATTERS MOST

Erie makes a pledge that all current and future employees can feel confident that:

  • Our mission, vision, and values unite us.
  • Our voices matter.
  • We do things well.
  • Our inclusive culture promotes balance and belonging.
  • We find our career sweet spot at Erie.

Skills Required

  • Bachelor’s degree in Accounting, Business Administration, Finance, or Health Services
  • Three years of professional experience
  • Forecasting and budgeting experience
  • Advanced proficiency in Microsoft Excel
  • Knowledge of financial data and medical claim analysis concepts
  • In-depth knowledge of provider reimbursement terms and concepts
  • Ability to manipulate and analyze complex datasets, systems, and processes
  • Ability to work independently
  • Strong verbal and written communication skills, including executive communication
  • Master’s degree in Accounting, Business Administration, or Finance
  • Healthcare billing industry experience
  • Medical claim analysis experience
  • Excel keyboard shortcut proficiency
  • SQL and Microsoft Access experience
  • Axiom analytical model experience
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The Company
HQ: Chicago, IL
593 Employees
Year Founded: 1957

What We Do

Erie Family Health Centers is a Federally Qualified Health Center (FQHC) providing high-quality, affordable primary medical, dental, and behavioral healthcare regardless of a patient's ability to pay. Motivated by the belief that healthcare is a human right, the organization serves over 90,000 patients across 13 locations throughout Chicago and its northern suburbs to support healthier people, families, and communities.

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