
Financial Analyst III – Cost Reporting
CareSource
full-time
Posted on:
Location Type: Remote
Location: United States
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Salary
💰 $72,200 - $115,500 per year
Tech Stack
About the role
- Responsible for analyzing utilization and financial trends, costs, revenues, financial commitments and obligations incurred to predict future revenues and expenses
- Manage the development, production, and validation of reports from detailed claims, eligibility, pharmacy and clinical data
- Compile and analyze financial and clinical information, including but not limited to preparing the evaluation of medical contracts, product lines, generating and managing medical and administrative cost saving initiatives
- Ensure integrity of information obtained for analysis; keep an up-to-date knowledge of the computer information system
- Develop competitive analysis and present findings to senior management
- Responsible for the development of membership projections, medical expense forecast and budget and monitor monthly variances to identify trends
- Proactively identify trends and patterns using standard departmental reports and databases as well as leveraging other processes and data sources for data mining
- Evaluate and make appropriate improvements to internal analysis processes ensuring that practices are in line with the overall goals of the organization
- Support the financial control environment by reconciling internal data sets vs information provided by the state
- Utilize key analysis experience and knowledge to analyze and report medical, contract and administrative activity
- Make appropriate changes to ensure compliance with MAR, regulatory and other organization requirements
Requirements
- Bachelor of Science/Arts Degree in accounting, finance, economics, computer sciences or related field or equivalent work experience
- Master of Business Administration (MBA) or related post-graduate degree preferred
- Minimum of four (4) years of experience in finance, accounting, or other professional role with a focus on data manipulation and analysis required
- Managed Care or healthcare experience preferred
- SQL and/or SAS experience strongly preferred
- Advanced proficiency level with Microsoft Excel
- Proficient with Microsoft Office Suite, including Outlook, Power Point, Access and Word
- Familiar with a variety of analysis concepts, practices and procedures
- Ability to lead and provide subject matter expertise to less experienced analysts in the department
- Ability to work with others and work independently
- Detail oriented
Benefits
- Health insurance
- 401(k) matching
- Flexible work hours
- Paid time off
- Bonus tied to company and individual performance
- Comprehensive total rewards package
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
data analysisfinancial analysiscost analysisdata manipulationbudget forecastingtrend analysisreport generationdata miningmedical contract evaluationadministrative cost saving initiatives
Soft Skills
detail orientedleadershipcommunicationcollaborationindependent worksubject matter expertise
Certifications
Bachelor of Science/Arts DegreeMaster of Business Administration (MBA)