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FP&A Financial Analyst

VNS Health

New York, New York

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JOB DETAILS
SALARY
$70,200–$87,700 Per Year
SKILLS
Accounting, Accounting Close, Accounts Receivable, Analysis Skills, Billing, Budget Reporting, Budgeting, Business Administration, Business Analysis, Communication Skills, Computer Skills, Cost Control, Finance, Financial Analysis, Financial Management, Financial Planning and Analysis (FP&A), Financial Reporting, Financial Systems, Financial Trend Analysis, Flexible Spending Accounts, General Ledger Accounting, Health Insurance, Healthcare, Healthcare Administration, Interpersonal Skills, Maintain Compliance, Medicaid, Medical Billing, Medicare, Microsoft Office, Microsoft Product Family, Performance Analysis, Problem Solving Skills, Procedure Development, Product Reviews, Program Planning, Reconciliation, Regulatory Compliance, Revenue Forecasting, Revenue Growth, Trend Analysis, Variance Analysis, Writing Skills
LOCATION
New York, New York
POSTED
10 days ago
Overview: Provides analytical and accounting support to VNS Health to meet its reporting and planning goals. Reports on volume, revenue, trends, aging, key business drivers, etc. Works independently utilizing various reports, budget, and various systems to compile financial reports. Works under moderate supervision. Responsibilities:

What We Provide

  • Referral bonus opportunities     
  • Generous paid time off (PTO), starting at 30 days of paid time off and 9 company holidays   
  • Health insurance plan for you and your loved ones, Medical, Dental, Vision, Life and Disability    
  • Employer-matched retirement saving funds   
  • Personal and financial wellness programs    
  • Pre-tax flexible spending accounts (FSAs) for healthcare and dependent care     
  • Generous tuition reimbursement for qualifying degrees   
  • Opportunities for professional growth and career advancement    
  • Internal mobility, generous tuition reimbursement, CEU credits, and advancement opportunities 

 

What You Will Do: 

  • Prepares monthly reconciliation reports for various business units investigating any discrepancies.
  • Prepares monthly volume analysis and accruals to support general ledger balances. 
  • Participates in monthly close process and ensures revenue reasonability, proper billing interface and general ledger activity is properly recorded.
  • Conducts trend analysis using select data and uses data to make revenue projections and analyze variances.
  • Conducts account and variance analysis for business units within the Accounting Division and other departments within VNS Health to maximize revenue. Works with managers to improve cost effectiveness and efficiency and discuss any issues that need to be resolved.
  • Completes, reports including Key Volume Drivers, schedule of Accounts Receivable, Program Highlight (Actual vs. Budget) and A/R monthly Aging report.
  • Works with Manager to financially plan for new programs by addressing issues such as billing interface to ensure that operations feature link to new programs. Designs performance indicator reports.
  • Complete various account analysis, researching items and communicating to appropriate department.
  • Develops and updates procedure manual for the department.
  • Acts as a financial liaison to management within VNS Health and third-party vendors.
  • Prepares the materials being used as references in year-end audit.
  • Provides analytical support to Senior Financial Management and other Finance staff, as needed.

    For Premium Billing ONLY: 
  • Analyzes State membership reports (monthly membership reports, State rosters, etc.) to ensure membership eligibility data is updated and captured in the various membership systems as they relate to premium billing
  • Oversees monthly premium bill process for Medicare product. Reviews billing reports and transactions posted to the general ledger. Applies payments to appropriate accounts and directs TPA in write off processing. Ensures accuracy and compliance for all billing processes.                   
  • Maintains up-to-date knowledge of Medicaid policies to ensure compliance with directives and regulations as they relate to Medicaid billing
  • Participates in special projects and performs other duties as assigned.
Qualifications:

Education:
Bachelor's Degree in Finance, Business Administration, Health Administration or other related discipline required

 

Work Experience:
                                                                                                                                                                                Minimum two years’ experience required

Proficient with personal computers, including Microsoft Office Products, with expertise in Excel required 

Strong analytical skills and a good understanding of the principles of finance and accounting required

Effective oral, written and interpersonal communication skills required

Finance experience in a Healthcare environment required

Data manipulation skills with SQL (Snowflake, Dbeaver, SQL Server) preferred 

Pay Range: USD $70,200.00 - USD $87,700.00 /Yr.

About the Company

V

VNS Health