Note: The job is a remote job and is open to candidates in USA. Advocate Health is a nonprofit, integrated health system providing healthcare services across multiple states. The Senior Debt Management Analyst supports debt financing activities, monitors debt compliance, analyzes financing strategies, prepares financial reports and forecasts, and maintains related policies and controls.
Responsibilities
- Assist in financing activities and the issuance of taxable and tax-exempt debt, including request for proposal process and negotiations and the drafting of marketing materials or other documents as needed
- Monitor the compliance of all outstanding debt. This includes, but is not limited to, tracking the costs of issuance and the use of all proceeds, maintaining a private business use database and modeling for IRS reporting, retaining pertinent bond records, monitoring and measuring all debt covenants, and preparing ongoing compliance packages for stakeholders and distributing all quarterly and annual filings
- Review and approve invoices for debt service payments and other finance-related fees
- Prepare monthly debt tracking reports for rates, interest expense and other related financing costs including variance tracking to budget. This will also include preparation of forecasts and slide presentations for the Treasurer and Board
- Analyze and perform lease versus buy analysis on proposals (real property and equipment) and prepare term sheet and analysis on intercompany loans and joint venture financing strategies
- Maintain policies, procedures, and operational controls related to debt and derivatives, leasing, and compliance
Skills
- Bachelor's degree in business, finance, economics or other related fields
- 5 years of financial analyst experience, ideally with debt programs for not-for-profit healthcare
- Strategic thinker with working knowledge of credit markets, tax-exempt and taxable debt structures, derivatives and other key financing concepts
- Understanding of credit agreements and covenant and tax compliance monitoring and reporting
- Advanced project management skills and ability to drive processes to meet critical timelines
- Excellent verbal and written communication skills coupled with analytical and problem-solving skills
- Detail-oriented with ability to reconcile across multiple data sources and provide reporting that requires minimal review; ability to interpret, analyze and edit legal agreements (financing agreements, swap documents, etc)
- Solid Excel and Powerpoint abilities and ability to summarize complex information for leadership
Benefits
- This is a remote role; Advocate Health may approve those who wish to work out of the following registered states: AL, AK, AR, AZ, DE, FL, GA, IA, ID, IN, IL, LA, KS, KY, ME, MI, MO, MS, MT, NC, ND, NE, NH, NM, NV, OH, OK, PA, SC, SD, TN, TX, UT, VA, WI, WV, WY.
- Premium pay such as shift, on call, and more based on a teammate's job
- Incentive pay for select positions
- Opportunity for annual increases based on performance
- Paid Time Off programs
- Health and welfare benefits such as medical, dental, vision, life, and Short- and Long-Term Disability
- Flexible Spending Accounts for eligible health care and dependent care expenses
- Family benefits such as adoption assistance and paid parental leave
- Defined contribution retirement plans with employer match and other financial wellness programs
- Educational Assistance Program
Company Overview