External Audit Analyst

Versant Health•Troy, NY

1d•$65,000 - $75,000

About The Position

The External Audit Analyst manages and coordinates client-driven operational and financial audits, serving as a liaison among internal operational units, clients, and external auditors. Reporting to the Senior Manager of Compliance Audit, the analyst ensures audit readiness, facilitates audit engagements, and supports successful outcomes through proactive collaboration with internal stakeholders. The position also manages corrective actions arising from audits, compliance monitoring, and other identified compliance issues, and prepares reporting for internal and external customers. The role requires compliance with HIPAA requirements and company privacy and security guidelines when handling protected health information, cardholder data, or other confidential customer information. It includes the physical demands described in the posting, work in a moderate-noise environment with computers, printers, and machines, and travel as required. The role is compensated hourly, with an expected pay range stated as “$65.000– $75,000 per hour.”

Requirements

Bachelor’s degree in business administration, management, healthcare administration, finance, accounting, or a related field, or an equivalent combination of education and experience.
Minimum of three years of related experience in quality, compliance, or audit.
Excellent written and verbal communication, analytical, and computer skills.
Ability to organize large amounts of data and manage multiple priorities in a fast-paced environment.
Ability to meet established deadlines and shift priorities when necessary.
Ability to communicate effectively with key stakeholders, clients, and regulatory auditors.
Ability to work independently and collaboratively as part of a team.
Ability and willingness to travel as required.
Ability to meet the physical demands described for the role, including frequently lifting and/or moving up to 20 pounds.

Nice To Haves

Knowledge of and experience in the insurance, health, or vision care industry.
Knowledge of and experience with the Centers for Medicare & Medicaid Services (CMS).

Responsibilities

Manage external audits from the initial request through client reporting.
Evaluate audit scope letters, audit tools, samples, and other requested items to understand requests and deliverables.
Follow up with Client Management and clients to clarify issues with audit requests.
Coordinate with responding operational areas to obtain detailed responses to audit requests and findings.
Ensure audit documentation fully addresses requests and includes required data or information; follow up with operational areas as needed.
Ensure responses are received on time and escalate overdue responses as necessary.
Prepare materials for submission to external auditors as necessary.
Obtain, review, and/or prepare audit responses for draft and final reports.
Document observations and root causes, and recommend corrective action.
Communicate audit results and support development of the company’s response to report issuance.
Manage corrective actions resulting from internal or external audits, compliance monitoring, and other identified compliance issues.
Partner with business stakeholders to develop corrective action responses, identify required documentation, establish remediation timelines, and monitor corrective actions through closure.
Provide timely and accurate audit and corrective action plan (CAP) reports to Compliance management.
Prepare departmental reporting for internal and external customers.
Interface with clients as needed.
Conduct or participate in special projects, programs, and requests as needed.
Perform other duties as assigned.
Comply with HIPAA requirements and company privacy and security guidelines for protected health information and other confidential data.