340B Financial Analyst

DAP Health•Palm Springs, CA

2d•$28 - $32•Remote

About The Position

The 340B Financial Analyst analyzes the financial performance of pharmacy operations, programs, grants, departments, and other operating segments, including both 340B and non-340B operations. Under the direction of the Pharmacy Administration Director, the analyst supports the ongoing and compliant operation of the organization’s pharmacy program and provides the CFO and leadership team with financial analysis and reporting to inform strategic decisions. The role prepares financial reports and analyses, supports financial statement preparation and account reconciliations, and helps maintain the organization’s 340B Pharmacy Program. It also maintains pharmacy-related dashboards and communication tools, partners with other financial analysts on budgeting and forecasting, and supports the Controller with technical accounting projects. The position has no supervisory responsibilities and is fully remote, with travel to DAP Health locations throughout San Diego and the Coachella Valley.

Requirements

Bachelor’s degree in Accounting or Finance.
Ability to make mathematical computations quickly and accurately.
Ability to operate standard office equipment, including computers, calculators, adding machines, scanners, and duplicating machines.
Ability to read, understand, and follow written and oral instructions.
Ability to use computerized accounting systems and learn accounting systems.
Ability to prepare data for entry, maintain financial accounting files and other record systems, recognize and correct computational errors, accurately compare, post, and transfer numbers, and understand transactions in terms of accounting codes and classifications.
Ability to prepare routine and special financial reports.
Ability to communicate effectively by phone or in person and establish and maintain effective working relationships.
Current and valid driver’s license and current personal auto insurance.
Ability to travel to DAP Health locations throughout San Diego and the Coachella Valley.
Ability to lift 24 pounds.
Ability to complete 340B University within 60 days of hire.

Nice To Haves

Proficiency with Microsoft Outlook Suite.
Intermediate or advanced Excel experience.

Responsibilities

Analyze financial trends, costs, revenues, commitments, and obligations to improve organizational financial modeling.
Prepare standard financial and analytical reports at month-end and year-end.
Prepare financial analyses, including ratio analysis and other key indicators, and assist with financial statement preparation.
Submit and track required 340B data to support timely manufacturer payments; conduct periodic 340B pricing audits and manage dispense and replenishment audits for contract and in-house pharmacies.
Prepare account analyses supporting financial statements, including general journal entries and reconciliation of in-house pharmacy accounts.
Maintain the ongoing operation of the 340B Pharmacy Program by conducting quarterly audits of OPAIS records, virtual replenishment, and patient and provider eligibility.
Communicate with 340B Pharmacy Program third-party administrators, including updating prescriber eligibility, resolving unmatched or pending claims, and investigating unexpected revenue or expense changes.
Maintain account groupings, statistics, dashboards, and reports in the accounting system, and research and remediate anomalies or issues.
Perform quarterly internal audits of various programs on behalf of management.
Partner with other financial analysts as needed to prepare budgeting and forecasting materials.
Maintain pharmacy-related dashboards and organizational communication tools.
Support the Controller with technical accounting projects.
Work as a team member, develop working knowledge of other team members’ roles, and communicate the responsibilities of the position to colleagues.
Perform other duties as assigned.