Financial Analyst II

Job Summary The Financial Analyst II is responsible for preparing analysis for utilization and financial trends, costs, revenues, financial commitments and obligations incurred to predict future revenues and expenses; as well as understand financial impacts of decisions and communicate those to management. Essential Functions Prepare analysis for utilization and financial trends, costs, revenues, financial commitments and obligations incurred to predict future revenues and expenses; understand financial impacts of decisions and communicate those to managementHighly involved in the development, production, and validation of reports from detailed claims, eligibility, pharmacy and clinical dataCompile 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, etc.Ensure integrity of information obtained for analysis; keep an up-to-date knowledge of the computer information systemDevelop competitive analysis and present findings to senior managementPrepare revenue and medical expense forecast and budget and monitor monthly variances to identify trendsIdentify and research trends and patterns using standard departmental reports and databases, as well as leveraging other processes and data sources for data miningMake appropriate improvements to internal analysis processes ensuring that practices are in line with the overall goals of the organizationSupport the financial control environment by reconciling internal data sets vs information provided by the State (such as, reconcile enrollment files to reimbursement records, etc.)Utilize key analysis experience and knowledge to analyze and report medical, contract and administrative activityMake appropriate changes to ensure compliance with MAR, regulatory and other organization requirementsPerform any other job duties as requested Education And Experience Bachelor of Science/Arts Degree in accounting, finance, economics, computer sciences or related field or equivalent work experience is requiredTwo to Four (2-4) years of experience in financial field is requiredManaged care or healthcare experience is preferred Competencies, Knowledge And Skills SQL and/or SAS experience strongly preferredAdvanced proficiency level with Microsoft ExcelProficient with Microsoft Office Suite, including Outlook, Power Point, Access and WordFamiliar with a variety of analysis concepts, practices and proceduresRelies on experience and judgment to plan and accomplish goalsPerform a variety of tasks under general supervisionCreativity and latitude (independent judgment) is requiredAbility to work with others and work independentlyDemonstrates analytical/problem solving skills to perform a variety of tasks, some of which may be complicatedPossesses critical thinking/listening skillsAbility to communicate with all levels of managementDetail oriented Licensure And Certification Association for Financial Professionals (AFP) FP&A, or related certification is preferred Working Conditions General office environment; may be required to sit or stand for extended periods of timeMay be required to travel occasionally $62,700.00 - $100,400.00 CareSource takes into consideration a combination of a candidate’s education, training, and experience as well as the position’s scope and complexity, the discretion and latitude required for the role, and other external and internal data when establishing a salary level. In addition to base compensation, you may qualify for a bonus tied to company and individual performance. We are highly invested in every employee’s total well-being and offer a substantial and comprehensive total rewards package. Salary Organization Level Competencies - Fostering a Collaborative Workplace Culture - Cultivate Partnerships - Develop Self and Others - Drive Execution - Influence Others - Pursue Personal Excellence - Understand the Business This job description is not all inclusive. CareSource reserves the right to amend this job description at any time. CareSource is an Equal Opportunity Employer. We are dedicated to fostering an environment of belonging that welcomes and supports individuals of all backgrounds.