Sr. Financial Analyst

ScionHealth • Watertown, MA

4d

About The Position

The Financial Analyst is responsible for compiling, analyzing, and interpreting financial and statistical data to support managed care decision-making, contract analysis, and strategic planning. The role works closely with finance leadership and department managers to assess reimbursement models, monitor payment accuracy, and support financial reporting.

Requirements

• Bachelor’s degree in Business, Finance, Accounting, or a related field.
• At least 3 years of relevant experience in financial analysis, healthcare reimbursement, or cost accounting.
• Strong analytical and problem-solving skills with attention to detail.
• Proficiency in Microsoft Excel and financial modeling tools.
• Working knowledge of healthcare reimbursement methodologies and contract terms.
• Ability to work independently and communicate complex information clearly.
• Familiarity with financial reporting systems and databases.
• Ability to work in a fast-paced, high-pressure environment with minimal supervision.

Nice To Haves

• CPA or Certified in Healthcare Finance Mgmt. Accounting (HFMA) certification upon hire.
• Certified Management Accountant (CMA) certification upon hire.
• Prior experience in managed care contracting or payer analytics.

Responsibilities

• Develop and maintain profitability testing and reimbursement models for insurance plans and contracts.
• Analyze utilization and financial data for presentation to Medical Directors, Case Management, and department leadership.
• Verify the accuracy of managed care payments and identify variances or underpayments.
• Assist with the review and negotiation of managed care contract language and terms in collaboration with the CFO.
• Support comparative data analysis using regional and severity-adjusted benchmarks, such as PLM or other sources.
• Provide data and recommendations to finance leadership for decision support and planning.
• Prepare financial reports and reimbursement analyses for executive leadership and department heads.
• Ensure financial data integrity and support compliance with regulatory and contractual requirements.

What This Job Offers

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