Advisor-Financial Expert (Critical Access)
Indiana University Health is seeking individuals who embody excellence, compassion, teamwork, and purpose to join our team in a critical financial advisory role.
About the role
The Financial Expert Advisor provides financial guidance and subject-matter expertise to support decision-making within a healthcare organization. This role focuses on financial planning and performance improvement initiatives, partnering with executive leadership, clinical teams, and finance departments to enhance financial sustainability, optimize resource utilization, and ensure alignment with industry best practices.
The advisor analyzes diverse sets of data—financial, operational, clinical, and economic—to support strategic and operational decisions, and creates executive-level reporting packages to communicate financial insights and recommendations. They serve as a trusted financial resource to operational leaders, providing financial reporting and analysis, expense management, operational improvement, and evaluation of growth opportunities.
This role requires the ability to promote teamwork and develop team members without direct reports, leading through influence. The advisor interfaces with both leadership and front-line team members to execute organizational development strategy and drive change initiatives, and partners with CFOs and regional leadership to support long-range financial planning and annual budget processes.
Responsibilities
- Advise business units on financial performance and the impact of decisions, considering downstream outcomes.
- Address large-scale, cross-departmental financial challenges that impact results.
- Partner with operational leadership to identify growth and revenue opportunities unique to the region and facility.
- Create executive-level reporting packages on costs, prices, expenses, revenues, and clinical/operational measures to inform recommendations.
- Analyze financial, operational, clinical, and economic data to support strategic and operational decisions.
- Serve as a trusted financial resource, providing financial reporting, expense management, operational improvement, and growth opportunity evaluation.
- Combine strong relationships, analysis, and risk-conscious planning to ensure the unit’s financial plan is realized.
- Drive actions related to long-range financial planning and annual budget processes, including operating and capital decisions.
- Analyze complex financial data to drive operational improvement or provide subject-matter expertise in key financial areas.
- Ensure accurate volume and expense planning to support regional leaders in achieving goals.
- Lead planning and development of programs/projects within the specialization.
- Provide guidance, direction, and training to staff, including matrixed management of financial analysts.
Qualifications
- Bachelor’s degree in Finance, Accounting, Economics, or a related field (required).
- Master’s degree (preferred), such as MBA, MHA, or MS Finance.
- CPA, CFA, or equivalent certification (preferred).
- 6–8 years of relevant experience.
- Strong knowledge of healthcare reimbursement, regulatory frameworks, and financial operations.
- Knowledge of state and national regulatory agency guidelines, GAAP, or other industry-standard financial guidelines.
- Experience successfully interacting with all levels of leadership.
- Experience implementing large-scale process improvement initiatives that drive measurable business results.
Skills
- Deep expertise in financial modeling, analysis, and forecasting.
- Strong understanding of healthcare economics and revenue cycle management.
- Excellent analytical and strategic thinking skills.
- Strong communication and presentation skills with executive-level stakeholders.
- Ability to influence decision-making and drive organizational change.
- High level of integrity and professional judgment.