Analyst, Finance I

The salary range for this position is $28.32 - $41.06 (Hourly Rate)

Placement within the salary range is dependent on several factors such as relevant work experience and internal equity. For positions represented by a labor union, placement within the salary range is guided by the rules outlined in the collective bargaining agreement.

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 located at jobs.nm.org/benefits to learn more.

Northwestern Medicine is powered by a community of colleagues who are purpose-driven and committed to our mission to deliver world-class care. Here, you'll work alongside some of the best clinical talent in the nation leading the way in medical innovation and breakthrough research with Northwestern University Feinberg School of Medicine.

We recognize where you've been, and we support where you're headed. We celebrate diverse perspectives and experiences, which fuel our commitment to equity and culture of service.

Grow your career with comprehensive training and development opportunities, mentorship programs, educational support and student loan repayment.

Create the life you envision for yourself with flexible work options, a Reimbursable Well-Being Fund and a Total Rewards package that support your physical, mental, emotional, and financial well-being.

Make a difference through volunteer opportunities we offer in local communities and drive inclusive change through our workforce-led resource groups.

From discovery to delivery, come help us shape the future of medicine.

Benefits:

• $10,000 Tuition Reimbursement per year ($5,700 part-time)
• $10,000 Student Loan Repayment ($5,000 part-time)
• $1,000 Professional Development per year ($500 part-time)
• $250 Wellbeing Fund per year ($125 for part-time)
• Matching 401(k)
• Excellent medical, dental and vision coverage
• Life insurance
• Annual Employee Salary Increase and Incentive Bonus
• Paid time off and Holiday pay

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.