Financial Analyst

Summary

The Financial Analyst reports to the Supervisor or Team Lead and is integral part of the Finance team to provide financial analysis, and planning/forecasting support.  The Financial Analyst is responsible for the timely and accurate monthly high-level accounting close functions, annual audit and budgeting process.  This position reviews, reconciles, and analyzes data to ensure delivery of client financial reporting and is accountable for the financial integrity of information reported, as well as the identification of trends. Other key responsibilities include forecasting for Health Plan/Line of Business analysis for management decisions, providing independent analysis to departmental Manager regarding financial results, and identifying potential improvements. Candidate must complete additional assignments and projects as required the Finance Supervisor, Finance Manager, Controller, and CFO or other administrative team members.

Duties and Responsibilities:

• Review and approve monthly accounting close procedures and balance sheet reconciliations completed by Staff Accountant
• Review and approve processed monthly Revenue reports completed by Staff Accountant 
• Update Incurred But Not Reported (IBNR) Model and calculate IBNR using Lag reports and/or other appropriate methodologies
• Prepare Financial Performance summaries by Health Plan, Line of Business
• Prepare end-of-month financial and board packages
• Prepare year over year Health Center Financial Performance Analysis for monthly client meetings
• Perform and respond to variance analysis inquiries for year-end and mid-year audits from external firms and government entities (DHCS, IRS, etc.), and Corrective Action Plans (CAP)
• Provide Revenue tables and additional Financial Reporting support for internal departments
• Prepare ad-hoc financial analysis as requested by the Controller, CFO and/or the client

Minimum Job Requirements:

• Bachelor’s degree or an equivalent combination of education, training and experience is required.
• 3+ years of Physician Organization or Health Plan, Hospital Finance and/or Health Plan experience.
• Definitive understanding of provider and health plan contracting, delineation of risk, medical terminology and standard industry reimbursement methodologies required.

Skills and Abilities:

• Demonstrates strong understanding and experience using Excel (VBA’s, macros, Pivot tables, vlookup, hlookup), Power Point, MS Access and other Microsoft Office Systems required.
• Crystal/SQL experience, knowledge of Mas200, EZ-Cap and Power BI is a plus.
• Ability to communicate clearly and effectively, work accurately, meet deadlines and provide effective reporting is required.
• Must be able to plan, coordinate and prioritize resources.
• Excellent interpersonal skills required to develop and maintain effective working relationships across all levels within the organization.  Requisite poise, judgment, and trustworthiness to represent MSO to external groups.
• Ability to work both independently and as part of a team.  Must be able to learn unfamiliar concepts quickly.
• Detail-oriented, excellent proof reading and editing skills.
• Maintains information in a confidential manner and complies with HIPAA laws according to policy.

• Must have extensive experience with accounting close procedures and general ledger reconciliation
• Must be highly analytical and possess a strong grasp of finance concepts such as capital budgeting, discounted cash flow, financial statement analysis and forecasted.

Salary Range:

• $75,000 to $80,000