Financial Analyst

Save to Favorites

The Institute of Medicine of Chicago (IOMC) was formed as an independent organization of distinguished leaders in the health field who collaborate to improve the health of the public. For over 100 years, IOMC has made significant contributions to the practice of medicine and the business of healthcare. The Institute of Medicine of Chicago has 400 fellows and members drawn from all Chicago healthcare professions and industry. By remaining a neutral forum for the expression of ideas, it has brought together all members of the health care professions to discuss the greatest needs of Chicago residents and provided communication and collaboration to improve health.

Institute of Medicine of Chicago (IOMC) is committed to introducing volunteers to the breadth and depth of knowledge and resources. Together, IOMC and volunteers will work together to design an opportunity that is suited to the individual to continue to grow professionally. We invite you to consider IOMC for a long-term relationship in which we share with you all resources currently and in the future to help be the future of IOMC and improve the health of Chicago.

We are looking for a part time volunteer Financial Analyst to lend expertise to the IOMC.

Summary: Responsible for assisting in the annual budget, assisting in preparation of internal/external/regulatory reports, analyzing financial information compared to budget, assisting in maintaining allocations and chart of accounts, and maintaining and reconciling information related to various expenses.

Essential Duties and Responsibilities:

• Participate in establishing policies and procedures
• Provide ongoing, timely and accurate analysis of monthly financial results to support month-end close processes
• Process invoices, purchase orders, receiving reports and packing slips, date stamps documents, matches invoices to purchase orders and receiving reports
• Participate in preparation of presentation materials for Executive management and Board reporting
• Prepare/support preparation of monthly Financial Statements in accordance with regulator standards and within agreed upon timelines, reviewing all information against budget and back-ups to check for reasonableness, escalating any areas of concern and making amendments, if necessary.
• Participate on projects and act as a subject matter expert to ensure financial information is reported completely and accurately
• Build strong relationships and provide value add advice to internal stakeholders to ensure financial results are well understood and business results are optimized
• Support committees and other work groups financial performance management activities, providing business group decision makers with financial information, advice and counsel
• Provide information and support the process for internal audits ensuring that requests are managed effectively and efficiently complete / support the completion of all regulatory and external reporting requirements ensuring accuracy and timeliness of information
• Other duties may be assigned

• Quality - Demonstrates accuracy and thoroughness. Looks for ways to improve and promote quality. Applies feedback to improve performance/ Monitors own work to ensure quality.
• Planning/Organizing - Prioritizes and plans work activities. Plans for additional resources, organizes or schedules other people and their tasks.
• Operational Support - Follows policies and procedures. Completes administrative tasks correctly and on time; supports organization's goals and values. Supports affirmative action and respects diversity.
• Ethics - Treats people with respect; Keeps commitments; inspires the trust of others; Works with integrity and ethically. Upholds organizational values.
• Cost Consciousness - Works within approved budget; Develops and implements cost saving measures; Contributes to profits and revenue. Conserves organizational resources.
• Quality Management - Looks for ways to improve and promote quality. Demonstrates accuracy and thoroughness.
• Oral and Written Communication - Listens and gets clarification; responds well to questions. Writes clearly and informatively; presents numerical data effectively.
• Professionalism and Ethics - Works with integrity; understands how ones actions are perceived by others.
• Business Acumen - Understands the business and reacts in a manner leading to a good outcome.
• Problem Solving - Identifies and resolves problems in a timely manner; Gathers and analyzes information skillfully; Develops alternative solutions; Works well in group problem solving situations; Uses reason even when dealing with emotional topics.

• At least 3 years of Financial or Accounting experience
• Ability to apply advanced mathematical concepts as needed
• To perform this job successfully, an individual should have knowledge of Word Processing software; and expert level knowledge of Spreadsheet software; Accounting software and Payroll systems.

Education/Experience:

Bachelor’s degree (B.A.) or equivalent, in Finance or Accounting preferred or 3 years plus related experience and/or training; or equivalent combination of education and experience.