Manager, Finance - RUMG

Rush University Medical Center - Chicago, IL

Full-time - Mid Level

Chicago, IL

Hospitals

About the position

The Finance Manager at Rush Medical Group (RMG) is a pivotal leadership role responsible for overseeing comprehensive financial reporting, operational data analysis, and administrative functions. This position collaborates with various departments to develop and maintain analytical needs within financial reporting systems, ensuring effective decision-making and improved financial outcomes. The role involves managing fiscal productivity reporting, analyzing volumes, and participating in projects that impact productivity, while also partnering with leadership to develop the annual volume budget and produce ad-hoc reports addressing financial variances and operational metrics.

Responsibilities

• Liaison with Information Services and the Budget Office to develop infrastructure for monthly financial and operational reports.
• Utilizes EPIC transactional cube, Axiom, and Link reporting for analytics and functionality.
• Reviews actual vs. budget performance monthly, providing budget variance explanations for RMG departments and surgical/procedural performance.
• Prepares and analyzes monthly RMG Target Group Variance Comment Reports.
• Designs and develops standard ad hoc reports to translate complex data into decision support tools for management.
• Actively engage in the development and implementation of the strategic plan for perioperative and interventional services.
• Collaborates with RMG and Service Line leadership to implement financial and operational recommendations to improve financial performance.
• Supports the development and implementation of an RMG and system-wide strategy for data analytics and reporting.
• Promote the development and implementation of cross-functional collaboration between RUMC, ROPH, ASCs, and RMG.
• Develops and manages business plan proformas for new faculty, clinicians, services, and opportunities.
• Plays a key role in the development of the annual budget process in collaboration with the medical group and perioperative leadership.
• Incorporates proforma and benchmarking data into the budgeting and volume projection process.
• Completes annual lookback analysis for faculty hires, capital, and new program development.
• Provides long-range financial planning on issues impacting clinical practice and faculty practice plan.
• Conducts regular education and training sessions with RMG and Hospital departments for financial and volume reporting.
• Lead program planning, implementation, and evaluation efforts for areas of responsibility.
• Provide oversight for the development of departmental budgets and ensure financial accountability for overall annual operations and capital expenditures.
• Develops and prepares reports to track financial and operational performance.
• Collaborates with Revenue Cycle and Decision Support departments for process improvement.
• Supervises and coordinates designated employees, overseeing various personnel functions.
• Collaborates with the AVP of Corporate Finance, VP of Perioperative Services, and executive medical group leaders on governance meetings.
• Identify, develop, and align talent for the business office and strategic planning team.
• Partners with the Health System decision support team for efficiency and performance report builds.
• Leads Change, Drives for Results, Builds Teams, Focuses on Customers and Communicates effectively.

Requirements

• Bachelor's degree or higher in business, accounting, or a related field required.
• At least three years of related healthcare experience in practice management, finance, or decision support.
• Financial analysis and modeling experience required.
• Advanced proficiency in the Microsoft Office Suite, including Excel and Access.
• Excellent interpersonal and organizational skills.
• Excellent oral, written, and presentation communication skills.
• Ability to work with other managers in a team environment.
• Demonstrated ability to analyze complex data and communicate issues, findings, and recommendations to leadership and other constituents.
• Initiative and time-management skills and ability to handle multiple assignments and projects of varying degrees of complexity.
• Accepts responsibility, initiates action, and exercises judgment to complete assignments and projects as delegated.
• Professionalism and a customer-focused orientation to interface with both internal and external individuals.
• Works collaboratively with the team members and other staff members.

Nice-to-haves

• Master's degree in business, health care administration, or related field preferred.

Benefits

• Health insurance
• Dental insurance
• Vision insurance
• 401k retirement plan
• Paid time off
• Flexible scheduling
• Professional development opportunities