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Financial Analyst 29888

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Solving IT

2024-10-03 10:43:02

Job location Chicago, Illinois, United States

Job type: fulltime

Job industry: Banking & Financial Services

Job description

One of the largest health insurers in the nation is focused on continuously building an industry-defining, world-class IT capability. Healthcare is forever evolving, especially due to emerging technologies, making this a great experience to add to your resume. Come join their winning team!

This contract to hire role as a Financial Analyst in Chicago, IL is responsible to performs more complex analysis in areas such as budgets, strategic plans and product line analysis. The position will be responsible for developing and managing complex financial models and monthly reporting packages to support ongoing strategic business operations and initiatives. The role will interface with Finance, business unit leaders and senior leadership. As such, the role requires executive presence and the ability to influence and guide business decisions. The right candidate will be able to take the initiative in an unstructured and fast-paced environment. This role will work closely with Finance and Business Leadership on the development of strategies and will be accountable for providing appropriate and consistent financial and data analysis, scenario & sensitivity analysis, annual budgeting, on-going forecasting, and presentation of findings to drive performance / support optimal operations.


Responsibilities:


• Liaise with leadership and department budget owners to drive insights and understanding of the latest trends to help stakeholders make well-informed decisions. Gather and analyze key divisional and portfolio performance metrics and communicate these metrics from detail to summary level.

• Lead presentations to all levels of management within the organization.

• Identify risks/issues and assist in making recommendations on process improvements to internal stakeholder teams and lead/assist in the implementation.

• Create and manage complex financial models, benefit determination, and forecasting.

• Capability to build and analyze complex models to support ongoing business operations.

• Proactively communicate complex analysis in a concise, organized manner to both financial and non-financial senior leadership for decision making.

• Provide consultative services to business partners and senior leaders.

• Review analysis of financial reports prepared by team, i.e. variance analysis, staffing analysis, corporate reporting of Budget. Actual, metric reporting.

• Develop and analyze cost savings opportunities; reporting and measuring against metrics to assess the financial success of the program.

• Performs other related duties as assigned and ad hoc analysis as needed (cross company)

• Develops automated reporting and forecasting tools for more efficient use of data.


Requirements:


• Bachelor Degree in Accounting, Business, Economics or Finance and 5 years business experience in corporate financial reporting and budgeting or IT operational functions in IT Financials, OR 8 business experience in corporate financial reporting and budgeting or IT operational functions in IT Financials.

• Knowledge of tools/applications used within Internal Operations (i.e. Blue View, Center View, Workforce Tools, PeopleSoft, Ariba, ITAM, ISAM, Clarity, eBudget) and experience with at least one tool or comparable

• Customer service skills including managing customers' expectations and/or vendor relationships.

• Clear and concise written and verbal communication skills.

• Presentation, interpersonal, organizational, and analytical skills.

• PC proficiency to include Word, Excel, MS Access, PowerPoint and Lotus Notes.

• Detail orientated

Preferred Job Requirements:


• Experience with financial modeling

• Knowledge of Oracle and Smartview

• Experience with business/financial models/business cases and forecasting

• One year of coaching or mentoring experience

Benefits:

Solving IT, a Woman and LGBTQ+ owned and operated organization is thrilled to provide a comprehensive benefit package to all our W2 employees and their families, regardless of gender. We are proud to offer five diverse health plan options as well as a PPO dental plan through Blue Cross Blue Shield, Term Life/AD&D Insurance, and a 401(k) Savings Plan. Solving IT covers a portion of the health and dental premiums for our employees.

As you progress in your professional journey, Solving IT is dedicated to accommodating your evolving preferences and matching you with fulfilling projects. We champion equality and embrace diversity in all its forms. Creating an atmosphere that encourages varied perspectives to collaborate fosters personal development, strengthens team unity, and contributes to the overall success of the organization!

Whether you're seeking your next career challenge or aiming to stay abreast of industry trends, Solving IT is committed to supporting your career advancement. We actively encourage applications from all backgrounds and utilize the most up-to-date market insights and compensation data to ensure that you receive not just advice, but the complete Solving IT Experience.

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