Financial Analyst

Banner Health•Phoenix, AZ

3d•$26 - $44•Remote

About The Position

As a Financial Analyst, you will provide support to the insurance division Banner Plans and Networks monthly processes such as Lawson General Ledger (G/L) and Accounts Payable (AP) queries (reporting) as well as financial reporting (revenue & expenses) by department. You will help support the quarterly forecast process for BPN and provide support for assigned plans or networks, Banner University Health Plans, Banner MA, Banner Health Network and/or Banner Network Southern AZ, as well as plans including Banner/Aetna JV on monthly processes such as Lawson G/L queries and financial reporting by plan. Monthly duties may include: month end journal entry support analysis of revenue, expense and FTEs (Full Time Employees) by department compared to forecast; invoicing of admin costs; pulling claim lags and reviewing claims data; reconciliation of membership, care coordination payments and physician incentives to accruals and other AD Hoc reporting and projects. Having excellent Excel skills and abilities to work with large volumes of data using formulas and pivot tables, SQL query knowledge for pulling claims data and using General Ledger Data system such as Lawson queries will be helpful in this role. Schedule: Monday-Friday, 8AM-4:30PM. Banner Plans & Networks (BPN) is an accountable care organization that joins Arizona's largest health care provider, Banner Health, and an extensive network of primary care and specialty physicians to provide the most comprehensive healthcare solutions for Maricopa County and parts of Pinal County. Through BPN, known nationally as an innovative leader in new health care models, insurance plans and physicians are coming together to work collaboratively to keep members in optimal health, while reducing costs. POSITION SUMMARY This position provides financial decision support for operations by providing management with information for use in planning, controlling and improving operations and making strategic decisions.

Requirements

Requires Bachelor’s Degree in Accounting or Finance or equivalent experience.
Requires a proficiency level typically attained with zero to two years experience in healthcare finance.
Must be able to work with minimal supervision and prioritize multiple projects.
Proven analytical skills are necessary.
Must be proficient in the use of sophisticated software programs and office desktop applications.
Excellent human relations, organizational and communication skills are required.

Nice To Haves

Additional related education and/or experience preferred.
Excellent Excel skills and abilities to work with large volumes of data using formulas and pivot tables.
SQL query knowledge for pulling claims data.
Experience using General Ledger Data system such as Lawson queries.

Responsibilities

Prepares alternate and complete financial and statistical reports by identifying appropriate sources of data and meaningful financial indicators. This includes the coordination of the facility month end close process and the required participation with corporate finance.
Creates and generates reports used to analyze data.
Maintains accurate statistical, contractual or other financial databases, as assigned.
Works with other analysts to manage key financial processes within facility (including operating budgets, forecasts, program reporting and analysis, charge management, cost accounting, decision support and reimbursement analysis.
Acts as a technical resource and liaison to system management, administrators, department heads, and co-workers on financial related issues.
Works on problems requiring data analysis and the evaluation of identifiable factors. Typically receives general instruction on routine work. Exercises judgment within generally defined practices and polices in selecting methods and techniques for obtaining solutions. Position interacts with Regulatory Agencies, Information Services Benefits, Finance and Human Resources ensure timely, accurate and efficient reporting of data and processes. Incumbent must be able to read and understand technical pronouncements, identify compliance issues and make independent decisions.