Associate, Financial Operations

Finance Chicago, Illinois


Company: Oak Street Health 

Title: Associate, Financial Operations

Location: Corporate 

Oak Street Health is a rapidly growing, innovative company of community-based healthcare centers delivering higher quality health and wellness care that improves outcomes, manages medical costs and provides an unmatched experience for adults on Medicare in medically underserved communities. By providing holistic, comprehensive and integrated care right in our patients’ communities, we can help keep them healthy and reinvest cost savings in further care for those same communities and others. Since 2013, Oak Street Health has brought its singular approach to tens of thousands of people across the nation. With an ambitious growth trajectory, Oak Street Health is attracting and cultivating team members who embody Oak Street values and are passionate about our mission to rebuild healthcare as it should be.

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Role Description:

The Associate will immediately become an important contributor to the Oak Street Health Finance team. The ideal candidate will have strong relationship skills, be self-directed, and enjoy working with a team in a fast-paced startup environment, while bringing their experience and innovative ideas.

Core Responsibilities:

Health Plan Operations:

  • Work closely with Oak Street’s health plan partners to reconcile financial performance data on a regular basis

  • Manage monthly business performance assessment and support analysis of health plan value-based contracts

  • Support day-to-day financial processes, including (but not limited to) revenue & cost recognition and decomposition, setting and measuring ongoing and project-based budgets, measuring ROI, etc.

  • Assist with cash flow projections related to health plan value-based contracts and ensure accurate collection of funds related to current performance

  • Work closely with the business intelligence team to validate and ensure accuracy of health plan data files

  • Collaborate with managed care operations and contracting teams in developing value-based contracting arrangements with health plans

  • Partner with regional leaders and other internal stakeholders to better understand and shape drivers of business performance

Financial Planning and Forecasting:

  • Work with cross-functional teams to collect, validate, and analyze data to support ongoing reporting needs and identify areas for operational improvement

  • Assist in the annual budgeting program

  • Develop, maintain, and improve key elements of Oak Street’s financial and operational reporting program

  • Provide analytical leadership for long-range financial modeling and forecasting

  • Develop analysis/tools to track and better understand the underlying drivers of Oak Street’s business performance

  • Structure complex issues to develop compelling, insightful recommendations for Oak Street’s executive team and Board of Directors

  • Provide support for financial modeling, forecasting, and other ad hoc analytical needs

  • Other duties, as assigned

What are we looking for?

We’re looking for motivated individuals that are driven by a high-growth, dynamic environment with a passion for Oak Street’s mission to rebuild healthcare as it should be.

Specific qualifications include:

  • Bachelor’s Degree; Finance, Accounting, Economics or related quantitative field preferred

  • Early-stage company and/or healthcare experience a plus

  • Excellent problem-solving and analytical skills

  • Ability to independently pursue and implement solutions to complex problems

  • Highly proficient with Microsoft Excel; experience with other financial and analytical applications a plus (e.g., SQL, Alteryx)

  • Excellent communication and interpersonal skills with the ability to be personable yet persistent

  • High level of individual initiative

  • Ability to manage multiple priorities in a fast-paced environment

  • US work authorization

  • Someone who embodies being “Oaky”


What does being “Oaky” look like?

  • Radiating positive energy

  • Assuming good intentions

  • Creating an unmatched patient experience

  • Driving clinical excellence

  • Taking ownership and delivering results

  • Being scrappy


Why Oak Street?

Oak Street Health offers our coworkers the opportunity to be at the forefront of a revolution in healthcare, as well as:

  • Collaborative and energetic culture

  • Fast-paced and innovative environment

  • Competitive benefits including paid vacation and sick time, generous 401K match with immediate vesting, and health benefits

Oak Street Health is an equal opportunity employer. We embrace diversity and encourage all interested readers to apply to