CareSource

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)