Financial Analyst at CommonSpirit Health in Chicago, IL

Job Summary and Responsibilities

As our Financial Analyst you will apply your financial expertise to support strategic goals and ensure optimal fiscal health across our organization. This pivotal role is essential for maintaining robust financial processes and contributing to sound economic decision-making.

Every day you will analyze critical financial data, interpret complex information, and clearly communicate findings and recommendations to various stakeholders. You will be instrumental in ensuring accuracy and compliance in all financial processes, contributing to our overall operational efficiency and strategic planning. Your work will directly impact revenue optimization and expenditure management.

To be successful in this role, you will demonstrate strong financial analytical skills, meticulous attention to detail, and excellent communication abilities. We are seeking a proactive professional with a solid understanding of financial modeling, reporting, and compliance, capable of guiding informed financial decisions and serving as a trusted resource for financial insights.

• Vendor Communication & Relations: Serve as the primary financial contact for vendors, streamlining processes, resolving invoicing issues, and building strong relationships.
• Invoice Validation & Compliance: Validate vendor invoices against contracts using SQL queries, ensuring compliance with rates and contractual obligations.
• Discrepancy Identification & Resolution: Identify and resolve invoicing discrepancies (e.g., overbilling, duplicates) in a timely manner, documenting issues for improvement.
• Data Analysis & Automation: Develop and utilize SQL queries and advanced Excel skills for financial data analysis, validation, process automation, and problem-solving.
• Month-End Close & Reporting: Contribute to month-end close by reconciling vendor accounts, preparing reports, and delivering ad-hoc financial insights.
• Cross-Functional Collaboration: Effectively communicate complex information, leverage Google Suite, and collaborate with teams for smooth vendor operations and stakeholder management.

Job Requirements

Required

• Bachelors Other in business, Finance, Accounting, Computer Science or a related field
• 2-5+ years of experience in a financial, analytical, operations role, or vendor management

Preferred

• Prior experience in healthcare or a related industry is a plus

Where You’ll Work

Inspired by faith. Driven by innovation. Powered by humankindness. CommonSpirit Health is building a healthier future for all through its integrated health services. As one of the nation’s largest nonprofit Catholic healthcare organizations, CommonSpirit Health delivers more than 20 million patient encounters annually through more than 2,300 clinics, care sites and 137 hospital-based locations, in addition to its home-based services and virtual care offerings. CommonSpirit has more than 157,000 employees, 45,000 nurses and 25,000 physicians and advanced practice providers across 24 states and contributes more than $4.2 billion annually in charity care, community benefits and unreimbursed government programs. Together with our patients, physicians, partners, and communities, we are creating a more just, equitable, and innovative healthcare delivery system.