Financial Analyst II

CareSource • Dayton, OH

111d • $61,500 - $98,400

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.

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.
• Managed care or healthcare experience is preferred.

Nice To Haves

• 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.
• 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.

Benefits

• Comprehensive total rewards package including base compensation and potential bonuses tied to company and individual performance.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Ambulatory Health Care Services
• Education Level: Bachelor's degree