Financial Analyst I

State of North Carolina

1d • Hybrid

About The Position

The Financial Analyst position will support the Provider Reimbursements Unit within the Finance Section of DHB. This position is primarily responsible for supporting rate setting and other reimbursement needs for a set of Medicaid Programs. As an analyst position, guidance and direction will be provided by management, however it is expected that individuals will be able to quickly and independently perform the required tasks after brief on the job training. Within the Provider Reimbursement Unit, this position will perform financial analysis on assigned providers to determine payment rates. The Analyst will also be a supporting resource for researching, understanding, and interpreting state and federal regulations for programs and keeping up to date with the frequent need to modify the regulations for changes to the respective programs. Comparative analysis is made with prior years’ cost information for the individual facility as well as other facilities and additionally with national and industry data.

Requirements

• Bachelor’s degree in accounting, banking, finance, business administration, economics, or a related discipline from an accredited institution or an equivalent combination of education and experience.

Nice To Haves

• Working knowledge of Medicaid claims processes, data structures, and reporting requirements.
• Proficiency in using pivot tables and lookup functions (e.g., VLOOKUP, XLOOKUP) to analyze, validate, and report data effectively.

Responsibilities

• Perform financial analysis on assigned providers to determine payment rates.
• Support rate setting and other reimbursement needs for a set of Medicaid Programs.
• Research, understand, and interpret state and federal regulations for programs.
• Keep up to date with frequent modifications to regulations for changes to respective programs.
• Conduct comparative analysis with prior years’ cost information for individual facilities and other facilities.
• Perform comparative analysis with national and industry data.

Benefits

• health insurance options
• standard and supplemental retirement plans
• NCFlex program
• paid vacation
• sick leave
• community service leave
• paid parental leave

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees