Financial Analyst
Old Colony Elder Services (OCES) · Brockton, MA · 4 wk ago
FinanceFull-time
What You'll Do
- Aid in the development of budgets and forecasting future financial performance.
- Create models to optimize resource allocation, predict cash flow, and conduct cost-benefit analyses for potential projects.
- Investigate and address monthly budget discrepancies.
- Offer recommendations to enhance operational efficiency and reduce costs to department heads.
- Provide functional support to finance and accounting staff as needed.
- Conduct forensic audits of unpaid, partial, or rejected claims to identify technical errors and implement corrective actions.
- Analyze cost allocations, net revenue, and bad debt.
- Maintain awareness of changes in State and commercial insurance reimbursement policies.
- Create data visualizations and performance dashboards.
- Present financial summaries to stakeholders, including administration, program directors, and the board of directors.
- Leverage business intelligence tools to transform raw financial data into interactive dashboards illustrating cost efficiencies and program-specific profitability.
Key Performance Indicators (KPI)
- Efficiency and speed in delivering high-utility performance data workflows to the leadership team.
- Alignment between cross-functional program revenue and expenditures and the overall strategic budget.
What You'll Bring
- Strong analytical and critical thinking skills.
- Advanced proficiency in Microsoft Excel (including VLOOKUP, Pivot Tables, and financial modeling).
- Experience with federal and state contracts.
- A minimum of five years of relevant experience.