Finance Budget Analyst -- Remote (NC Residents Only)

Monarch•Albemarle, NC

1d•Remote

About The Position

The primary responsibilities of the Finance Budget Analyst are to provide comprehensive financial planning, reporting, analysis and decision support to Monarch’s business segments/service lines and support to the Finance Leadership team. The Finance Budget Analyst also supports and leads certain aspects of budget development, forecast management, revenue and expense related projects, as well as monthly close, reporting and analysis.

Requirements

Bachelors: Accounting (Required)
Finance Accounting Experience | 2-5 Years | Required

Nice To Haves

Healthcare experience

Responsibilities

Prepare supporting materials for, and lead discussions during financial, service and program review meetings to leverage insights gained through analysis and provide decision support to operations teams.
Develop and publish financial and non-financial metrics, calling attention to opportunities and risks. Communicate opportunities and risks to Finance and respective business segment/service line. Identify, recommend, and implement ways to capitalize on opportunities and mitigate risks.
Prepare and analyze various reports with revenue, expense and statistical information. Maintain statistical data and verify its accuracy with financial reports and subsidiary ledgers/modules.
Develop and implement budgets/financials for respective business segment/service line.
Initiate planning, provide leadership and participate in the budget and forecast cycles by participating in planning discussions with Finance and respective business segment/service line.
Initiate planning, provide leadership and participate in the budget and forecast cycles by preparing templates, training materials, financial reports and related analysis
Initiate planning, provide leadership and participate in the budget and forecast cycles by working collaboratively with department managers, Finance and business segment/service line to develop detailed budgets and forecasts, challenge assumptions when appropriate
Provide financial reporting as requested for all Business Segment/Service lines(s), including but not limited to the following: actual-to-budget comparisons, statistics with variance analysis, financial variance analysis (actual & budget), monthly financial statement packages, which include but are not limited to financial statements, statistical reports and operations summary, cost of service, financial forecast, MCO reporting and analysis.
Develop and maintain Productivity Reports. Aid department managers in maintaining appropriate productivity levels.
Prepare materials for meetings with executive staff, the Board of Directors, Payers and other parties. Participate in those meetings as needed.
Participate in cross-functional team meetings to identify and resolve potential issues.
Work with the Finance Leadership team to review existing or new processes for opportunities to improve/increase revenue or efficiency opportunities for services. Assist with the evaluation of business results.
Approve purchase orders for respective segment/service line.
Assist with the annual audit by preparing requested schedules and addressing auditor inquiries.
Perform additional duties as assigned.
Driving and travel to community locations, various agencies, and other outreach destinations may be required.
Follow financial structure of service definition guidelines for services being provided.
Maintain trainings as required and requested.
Demonstrate knowledge of and comply with all agency policies and procedures.
Completes all other relevant responsibilities as assigned by the supervisor.