Financial Analyst II

This is a fully remote position, open to applicants in Ohio.

📋 Description

• Conduct analyses to evaluate utilization and financial trends, including costs, revenues, and financial commitments, to forecast future revenues and expenditures.

• Grasp the financial implications of decisions and effectively communicate them to management.

• Create, produce, and verify reports based on detailed claims, eligibility, pharmacy, and clinical data.

• Collect and assess financial and clinical data.

• Review medical contracts and product lines.

• Initiate and oversee medical and administrative cost-saving strategies.

• Ensure the accuracy of information gathered for analysis purposes.

• Keep current with the computer information system.

• Conduct competitive analysis and present results to senior management.

• Prepare forecasts and budgets for revenue and medical expenses.

• Track monthly variances to identify emerging trends.

• Identify and investigate trends and patterns through departmental reports, databases, processes, and data sources for effective data mining.

• Enhance internal analysis processes in alignment with organizational objectives.

• Reconcile internal data sets with information supplied by the State.

• Analyze and deliver reports on medical, contract, and administrative activities.

• Ensure adherence to MAR, regulatory, and organizational standards.

• Carry out additional duties as assigned.

⛳️ Requirements

• A Bachelor of Science/Arts Degree in accounting, finance, economics, computer sciences, or a related field, or equivalent work experience is essential.

• A minimum of two to four (2-4) years of experience in the financial sector is mandatory.

• Experience in managed care or healthcare is desirable.

• Proficiency in SQL and/or SAS is strongly preferred.

• Advanced skills in Microsoft Excel are required.

• Familiarity with the Microsoft Office Suite, including Outlook, PowerPoint, Access, and Word, is necessary.

• Understanding of analysis concepts, practices, and procedures is important.

• Ability to collaborate with others as well as work independently.

• Strong analytical and problem-solving abilities.

• Excellent critical thinking and listening skills.

• Capability to communicate effectively with all management levels.

• Detail-oriented approach.

• AFP FP&A or related certification is preferred.

• Occasional travel may be required.

🏝️ Benefits

• A performance-based bonus linked to individual and company achievements may be available.

• A substantial and comprehensive total rewards package is offered.

• An Equal Opportunity Employer environment that emphasizes belonging and support.