At Northwestern Medicine, every patient interaction makes a difference in cultivating a positive workplace. This patient-first approach is what sets us apart as a leader in the healthcare industry. As an integral part of our team, you'll have the opportunity to join our quest for better health care, no matter where you work within the Northwestern Medicine system. We pride ourselves on providing competitive benefits: from tuition reimbursement and loan forgiveness to 401(k) matching and lifecycle benefits, our goal is to take care of our employees. Ready to join our quest for better?

The Associate Financial analyst reflects the mission, vision, and values of Northwestern Medicine, 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 Associate Financial analyst, under the direction of the Program Director or Department Administrator, is responsible for recording transactions, performing analysis activities, and evaluating trends and drivers within the Department. The position will also be charged with the preparation and some review activities related to the month end close process, as well as support for the annual financial close. The analyst will need to understand complex financial concepts in a fast-paced environment.

Responsibilities:

• Reconcile financial data, research discrepancies, and maintain organized documentation to support monthly and quarterly financial reporting.
• Process and track vendor invoices, ensuring timely payment and resolving invoice discrepancies by working with vendors and internal divisions.
• Assist with provider payment activities, including processing ad hoc payments and reimbursements and verifying supporting documentation for accuracy. 
• Prepare and process financial transactions, including journal entries and corrections, while maintaining accurate financial records.
• Assist in the preparation of the departmental budgets, monitor the activity and balances of departmental accounts throughout the year, and interpret financial data to inform decision making. 
• Provide support and analysis by querying appropriate data, preparing reports, and utilizing independent critical thinking to provide detailed observations and recommendations to senior leadership.
• Utilize Peoplesoft and Microsoft Office Suite to enter, track and analyze financial information, prepare routine reports and invoices, and support financial operations in a high complexity environment.
• Must be self-directed and able to handle multiple priorities while meeting deadlines. Will work independently but must be able to function on teams and maintain positive working relationships with colleagues.

Education

• Degree in Finance/Accounting or related field

Experience

• One (1) or more years of relevant experience, including internships, academic projects or equivalent
• Understanding of advanced accounting concepts
• Expert knowledge of Microsoft Office Suite 

Preferred:

• Experience working with PeopleSoft General Ledger software
• Strong communication, collaboration, and analytical skills in a fast-paced environment
• High level of precision and attention to detail

Schedule:

Monday- Friday 8:00am-5:00pm

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.