Financial Analyst II

CareSource

28d

About The Position

The Financial Analyst II is responsible for preparing analysis for utilization and financial trends, costs, revenues, financial commitments and obligations incurred to predict future revenues and expenses; as well as understand financial impacts of decisions and communicate those to management. The CareSource mission is known as our heartbeat. Just as we support our members to be the best version of themselves, our employees are driven by our mission to create a better world for members, stakeholders and providers. We are difference-makers who combine compassionate hearts with our unique business expertise to make every opportunity count. Each claim, each phone call, each consumer-centric decision is a chance to change the world for one member, and our employees look for ways to do that every day. The challenge is, there is no one right way to be the difference and we’re looking for people like you that will rewrite that definition every day. We do what it takes to form creative solutions that make our community and the world just a little better. Discover what it means to be #UniquelyCareSource.

Requirements

Bachelor of Science/Arts Degree in accounting, finance, economics, computer sciences or related field or equivalent work experience is required
Two to Four (2-4) years of experience in financial field is required
SQL and/or SAS experience strongly preferred
Advanced proficiency level with Microsoft Excel
Proficient with Microsoft Office Suite, including Outlook, Power Point, Access and Word
Familiar with a variety of analysis concepts, practices and procedures
Relies on experience and judgment to plan and accomplish goals
Perform a variety of tasks under general supervision
Creativity and latitude (independent judgment) is required
Ability to work with others and work independently
Demonstrates analytical/problem solving skills to perform a variety of tasks, some of which may be complicated
Possesses critical thinking/listening skills
Ability to communicate with all levels of management
Detail oriented

Nice To Haves

Managed care or healthcare experience is preferred
Association for Financial Professionals (AFP) FP&A, or related certification is preferred

Responsibilities

Prepare analysis for utilization and financial trends, costs, revenues, financial commitments and obligations incurred to predict future revenues and expenses; understand financial impacts of decisions and communicate those to management
Highly involved in the development, production, and validation of reports from detailed claims, eligibility, pharmacy and clinical data
Compile and analyze financial and clinical information, including but not limited to preparing the evaluation of medical contracts, product lines, generating and managing medical and administrative cost saving initiatives, etc.
Ensure integrity of information obtained for analysis; keep an up-to-date knowledge of the computer information system
Develop competitive analysis and present findings to senior management
Prepare revenue and medical expense forecast and budget and monitor monthly variances to identify trends
Identify and research trends and patterns using standard departmental reports and databases, as well as leveraging other processes and data sources for data mining
Make appropriate improvements to internal analysis processes ensuring that practices are in line with the overall goals of the organization
Support the financial control environment by reconciling internal data sets vs information provided by the State (such as, reconcile enrollment files to reimbursement records, etc.)
Utilize key analysis experience and knowledge to analyze and report medical, contract and administrative activity
Make appropriate changes to ensure compliance with MAR, regulatory and other organization requirements
Perform any other job duties as requested