Creative Financial Staffing is hiring: Financial Analyst in Chicago

Financial Analyst

Growing medical group is looking for a detail-oriented and analytical Financial Analyst to join our medical group. The Financial Analyst will play a critical role in evaluating the financial performance of our medical practices, identifying opportunities for growth and efficiency, and supporting strategic decisions. This role requires a deep understanding of healthcare operations, financial modeling, and data analysis within a clinical setting.

Why Take the Financial Analyst Role?

1. Join a mission-driven medical group committed to improving patient outcomes.
2. Work with a collaborative and innovative team.
3. Gain opportunities for professional growth in the dynamic healthcare industry.
4. Hybrid schedule
5. Great benefits
6. Competitive pay

Key Responsibilities of the Financial Analyst

1. Financial Analysis and Reporting:
   
   • Analyze financial performance metrics, including revenue, expenses, and profitability for clinics and departments.
   • Prepare monthly, quarterly, and annual financial reports and presentations for leadership.
   • Monitor key performance indicators (KPIs) to assess operational efficiency and financial health.
   
   
2. Budgeting and Forecasting:
   • Assist in the development and monitoring of annual budgets for the medical group.
   • Create financial forecasts and models to predict future performance.
   • Collaborate with department leaders to ensure alignment with budgetary goals.
   
   
3. Cost and Productivity Optimization:
   • Perform cost-benefit analyses to evaluate the financial viability of new initiatives, services, or investments.
   • Analyze provider productivity, staffing costs, and resource utilization.
   • Recommend strategies to improve efficiency while maintaining quality care.
   
   
4. Strategic Decision Support:
   • Provide financial insights to support strategic planning and business development.
   • Conduct market and competitive analyses to guide expansion or service line optimization.
   • Assist in evaluating mergers, acquisitions, and joint ventures, if
   
   

Qualifications Preferred of the Financial Analyst

• Education: Bachelor's degree in Finance, Accounting, Economics, or a related field (Master's degree or CFA/CPA is a plus).
• Experience: Minimum 2-5 years of financial analysis experience, preferably in the healthcare or medical group sector.
• Skills:
  • Strong knowledge of healthcare financial systems and payer reimbursement models.
  • Proficiency in financial software, data visualization tools, and Microsoft Excel.
  • Advanced analytical skills and the ability to create complex financial models.
  • Excellent communication and presentation abilities.
  
  
  
  

Salary: $70,000k- $95,000k

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