Finance Analyst I

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.
• Makes sure to monitor and manage 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.
• Collaborates with the Finance Department(s) in resolving all financial reporting errors or omission.
• Reports all discrepancies within one accounting cycle.

Accounts Payable Processing

Manage Accounts Payable processing for the organization, FSM and NMH. Coordinate Department Payroll Processes.

Department Payroll Processes

• Maintain faculty common paymaster Position and Appointment forms.
• Prepare faculty common paymaster payroll paperwork.
• Process faculty additional pay forms.
• Create reports that will enable the Department Administrator to make effective decisions for the department.

Additional Duties

Aid in the development of business plans.

Qualifications

• Required: Bachelor’s degree or equivalent financial management experience required. High School degree required. Three (3) to five (5) years’ experience in a relevant role.
• Prior experience in an academic medical center strongly preferred.

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: 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.