External Audit Analyst

Versant Health•Troy, NY

About The Position

The External Audit Analyst reports to the Senior Manager of Compliance Audit and manages and coordinates client-driven operational and financial audits. The role serves as a liaison among internal operational units, clients, and external auditors, ensuring audit readiness, facilitating audit engagements, and supporting successful outcomes through proactive collaboration. The analyst manages external audits from initial request through client reporting, reviews audit scopes and requests, coordinates complete and timely responses, prepares materials for submission, and supports audit reporting and corrective actions. The role also prepares departmental reporting, interfaces with clients as needed, and participates in special projects and other assigned duties. Associates must comply with HIPAA and company privacy and security requirements when handling protected health information and other confidential information. The role requires the ability and willingness to travel as needed.

Requirements

Bachelor’s degree in business administration, management, healthcare administration, finance, accounting, or a related field, or an equivalent combination of education and experience.
At least 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 of the job, 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 initial request through client reporting.
Evaluate audit scope letters, audit tools, samples, and other requested items to understand the requests and deliverables.
Follow up with Client Management and clients to clarify issues with audit requests.
Coordinate with operational areas to obtain detailed responses to audit requests and findings.
Ensure documentation is comprehensive and responsive to audit requests, following up with operational areas as necessary.
Ensure responses are received on time and escalate overdue responses as needed.
Prepare materials for submission to external auditors.
Obtain, review, and/or prepare audit responses for draft and final reports.
Document observations and root causes and recommend corrective actions.
Communicate audit results and support development of the company’s response to report issuance.
Manage corrective actions arising from 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 actions through closure.
Provide timely and accurate audit and corrective action plan 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.