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What are the key skills and qualifications needed to thrive as a Finance Advisor, and why are they important?

To thrive as a Finance Advisor, you need a strong understanding of financial planning, investment strategies, and regulatory compliance, usually supported by a relevant degree and certifications such as CFP or CFA. Proficiency with financial modeling software, portfolio management systems, and CRM tools is typically required. Outstanding interpersonal skills, ethical judgment, and the ability to communicate complex information simply distinguish top performers in this role. These skills ensure clients receive tailored advice, build lasting trust, and achieve their financial goals in a competitive market.

What are some common challenges faced by professionals in Finance Advisory, and how can they be managed effectively?

Professionals in Finance Advisory often encounter challenges such as staying updated with ever-changing regulations, balancing multiple client priorities, and communicating complex financial concepts in a clear, actionable way. To manage these effectively, strong organizational skills, ongoing professional development, and proactive communication are essential. Collaborating closely with both clients and internal teams also helps ensure recommendations are tailored, compliant, and actionable, fostering trust and long-term client relationships.

What is finance advisory?

Finance advisory refers to the professional service of offering expert guidance on financial matters to individuals, businesses, or organizations. Advisors help clients manage their finances, plan investments, analyze risks, and make informed decisions to achieve financial goals. This can include services such as budgeting, retirement planning, tax strategies, mergers and acquisitions, and wealth management. Finance advisory professionals often work for consulting firms, banks, or as independent advisors. Their objective is to help clients optimize their financial health and navigate complex financial situations.

What is the difference between Finance Advisory vs Financial Analyst?

AspectFinance AdvisoryFinancial Analyst
Required CredentialsTypically requires a degree in finance, accounting, or related fields; certifications like CFA or CPA are commonUsually requires a degree in finance, economics, or accounting; CFA certification is advantageous but not always required
Work EnvironmentAdvisory firms, consulting agencies, or in-house corporate finance teams; client-facing rolesCorporate finance departments, investment firms, or banks; primarily analytical and reporting tasks
Employer & Industry UsageUsed by consulting firms, banks, and corporations for strategic financial planningCommon in investment banking, corporate finance, and asset management

Finance Advisory focuses on providing strategic financial advice to clients, helping them optimize financial decisions. Financial Analysts primarily analyze financial data to support investment and business decisions. While both roles require strong financial knowledge and certifications, their work environments and objectives differ significantly.

What are popular job titles related to Finance Advisory jobs in Michigan? For Finance Advisory jobs in Michigan, the most frequently searched job titles are:
What job categories do people searching Finance Advisory jobs in Michigan look for? The top searched job categories for Finance Advisory jobs in Michigan are:
What cities in Michigan are hiring for Finance Advisory jobs? Cities in Michigan with the most Finance Advisory job openings:
Finance Advisory jobs near you
Infographic showing various Finance Advisory job openings in Michigan as of May 2026, with employment types broken down into 89% Full Time, 7% Part Time, 1% Temporary, and 3% Contract. Highlights an 72% Physical, 19% Hybrid, and 9% Remote job distribution.
Healthcare Financial Advisory Services Associate

Healthcare Financial Advisory Services Associate

Huron Consulting Group

Detroit, MI

$120K - $165K/yr

Full-time

Medical, Dental, Vision

Posted 6 days ago

Job description

Huron helps its clients drive growth, enhance performance and sustain leadership in the markets they serve. We help healthcare organizations build innovation capabilities and accelerate key growth initiatives, enabling organizations to own the future, instead of being disrupted by it. Together, we empower clients to create sustainable growth, optimize internal processes and deliver better consumer outcomes.
Health systems, hospitals and medical clinics are under immense pressure to improve clinical outcomes and reduce the cost of providing patient care. Investing in new partnerships, clinical services and technology is not enough to create meaningful and substantive change. To succeed long-term, healthcare organizations must empower leaders, clinicians, employees, affiliates and communities to build cultures that foster innovation to achieve the best outcomes for patients.
Joining the Huron team means you'll help our clients evolve and adapt to the rapidly changing healthcare environment and optimize existing business operations, improve clinical outcomes, create a more consumer-centric healthcare experience, and drive physician, patient and employee engagement across the enterprise.
Join our team as the expert you are now and create your future.

When healthcare organizations are managing escalating financial stress, Huron recognizes the response must be urgent and direct. Huron's industry-leading Healthcare Financial Advisory Services team works with healthcare leaders to prevent financial management missteps and prioritize business decisions that reset the financial trajectory of their organizations. Huron assists clients through improved planning, operations and managing through crises. Solutions tailored to a variety of situations:
Business and financial planning, projections and scenario analyses
Decision support and cost accounting
Interim management/strategy execution
Business assessments & due diligence
Restructuring & turnaround
Executive/Board advisory
CFO support solutions
Liquidity forecasting and management
Working capital management
Valuations
FP&A assistance for profit improvement

Healthcare Financial Advisory Associates play a critical role in delivering high-impact financial insights for healthcare provider clients. Associates take ownership of discrete workstreams, translate complex analyses into clear recommendations, and collaborate closely with team members and clients to drive results.

Responsibilities

  • Own project workstreams by structuring problems, prioritizing analyses, and delivering high-quality outputs under tight timelines

  • Gather, analyze, and synthesize primary and secondary data to develop actionable client insights

  • Build and communicate clear, client-ready materials, including presentations and written deliverables

  • Collaborate with project teams to diagnose client challenges and develop practical, data-driven recommendations

  • Support firm growth through proposal development, business development efforts, and mentoring junior team members

Qualifications

  • Minimum of 2 years of consulting experience in healthcare financial advisory supporting provider clients such as health systems, hospitals, and other acute care organizations, or comparable experience within a health system or provider organization in a strategic financial leadership capacity.

  • Strong understanding of healthcare finance, including capital planning, liquidity management, and financial performance drivers

  • Experience in restructuring, turnaround, performance improvement, or similarly rigorous financial advisory environments

  • Proven ability to lead complex analytical workstreams with strong project management, client communication, and strategic problem-solving skills

  • Advanced financial analysis and modeling capabilities, including evaluation of financial statements, valuation, pro forma modeling, and discounted cash flow analysis

  • Ability to translate complex financial and corporate finance concepts into clear, executive-level insights and recommendations

  • Proficiency in healthcare accounting and financial reporting, including monthly operating reports, statements, schedules, and overhead or operational improvement analysis

  • Bachelor's degree in Accounting, Finance, Economics, or a related field preferred

Travel & Location

  • Travel requirements vary by project; candidates must be willing to travel as needed, potentially up to 80%

  • Candidates may reside anywhere in the contiguous United States near a major airport

The estimated base salary range for this job is $120,000 - $165,000. The range represents a good faith estimate of the range that Huron reasonably expects to pay for this job at the time of the job posting. The actual salary paid to an individual will vary based on multiple factors, including but not limited to specific skills or certifications, years of experience, market changes, and required travel. This job is also eligible to participate in Huron's annual incentive compensation program, which reflects Huron's pay for performance philosophy. Inclusive of annual incentive compensation opportunity, the total estimated compensation range for this job is $134,400 - $194,700. The job is also eligible to participate in Huron's benefit plans which include medical, dental and vision coverage and other wellness programs. The salary range information provided is in accordance with applicable state and local laws regarding salary transparency that are currently in effect and may be implemented in the future.

#LI-JD1 #LI-Remote

Position LevelAssociateCountryUnited States of America
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About Huron Consulting Group

Sourced by ZipRecruiter

Huron Consulting Group, based in Chicago, IL, US, is a leading global management consulting firm specialized in providing performance improvement and reformation skills to different types of organizations. The company operates in the management consulting industry, which includes strategy, operations, technology, and analytics. Founded in 2002, Huron Consulting Group aids entities to tackle complex business challenges, enhance their ability to drive change, encourage their efficiency, and stimulate innovation. The company's overriding mission is to assist clients in becoming more successful.

Industry

Business management consulting

Company size

1,001 - 5,000 Employees

Headquarters location

Chicago, IL, US

Year founded

2002

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