Financial Analyst Senior

Highmark Health • PA, Working at Home - Pennsylvania, PA

11d • $31 - $49

About The Position

The Senior Financial Analyst performs a broad range of project tasks and serves as a financial and operational liaison for operations, regulatory agencies, and other outside entities. The role serves as a technical expert for team members and analyzes financial or contractual results, trends, and performance metrics, providing root-cause analysis to support business decisions. It may also involve analyzing products and plans, recommending revenue budget adjustments and cost-improvement measures based on trends and historical analysis, and managing or reporting on programs funded through grants, contracts, or service agreements.

Requirements

• BA/BS degree in Accounting, Finance, Business Administration, or a related field, or relevant experience and/or education accepted by the company in lieu of a bachelor's degree.
• Minimum of 4 years of financial analysis experience.
• Proficiency with spreadsheet applications and database management.

Nice To Haves

• Master's degree or equivalent experience.
• CPA, CMA, FHFMA, CHFMA, or CRA credential.
• Sponsored program administration experience.
• Demonstrated ability to understand and apply complex federal regulations and policy.

Responsibilities

• Record, classify, and summarize financial or contractual transactions and events in accordance with generally accepted accounting principles, and interpret them for organizational users making economic or business decisions.
• Develop and/or maintain processes and perform complex calculations supporting short- and long-term strategic plans, operating budgets, monthly close or contracting processes, and monthly or annual financial statements; the role may include payor performance negotiations and comparisons.
• Provide expertise and education on budgeting, revenue recognition, reimbursement, and changes to systems and processes; correlate revenue and expenses to volumes and prepare reports to help financial management assess performance.
• Evaluate, update, and maintain processes supporting regulatory and third-party changes, quarterly workpapers, annual audits, cost accounting, and third-party cost reporting.
• Perform detailed variance analysis against expected budgets, forecasts, prior periods, models, or other revenue benchmarks to support operations.
• Stay informed about healthcare industry issues and third-party payor regulations and requirements, including sponsored-project research, especially issues with financial impact to AHN; communicate relevant issues to the team and management and recommend financial and performance improvements.
• Analyze contractual or financial results, trends, and performance metrics; provide root-cause analysis to support contracting or business decisions and recommend budget adjustments and cost- or revenue-improvement measures.
• Perform other duties as assigned or required.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior