Department Name:
Finance
Work Shift:
Day
Job Category:
Finance
Estimated Pay Range:
$30.56 - $50.93 / hour, based on location, education, & experience.
In accordance with State Pay Transparency Rules.
Health Plan is a part of the Insurance Division of Banner Plans & Networks (BPN). The Health Plans is made up of wholly Medicaid and Medicare products. As community-based Health Plans we are the leading partner within our community as an Insurer, provider, and Health Care system. As the Finance team , we are the heart of the operation, we oversee the distribution , assembly, and validation of regulatory reporting, financial forecasting, financial oversight, and procurement of new business.
As a Senior Financial Analyst, you will call upon your financial analyst work experience to be an important part of the Banner Plans & Networks team. In this position, you will be responsible for supporting the budget process, compiling, and presenting financial information, conducting analysis to support financial decision making, and assembling reports that inform key leaders within the health plan. You will be part of a strong cross-functional team, which includes Actuaries, Medical Economics, and Financial Reporting members. Therefore, your role may be asked to work on projects in collaboration with other teams. You will be responsible for running intermediate queries in Microsoft Excel and our database management tools; therefore, strong analytical skills and experience with Macros and basic SQL (or similar language) is preferred. Health plan experience is highly preferred.
Your work location will be remote. Your work shifts will be Monday-Friday 8am 5pm Arizona Time.
This can be a remote position if you live in or near the following state(s) only: AL, AK, AR, AZ, CA, CO, FL, GA, IA, ID, IN, KS, KY, LA, MD, MI, MN, MO, MS, NC, ND, NE, NH, NY, NM, NV, OH, OK, OR, PA, SC, TN, TX, UT, VA, WA, WI, WV, WY
Banner Plans & Networks (BPN) is an accountable care organization that joins Arizona's largest health care provider, Banner Health, and an extensive network of primary care and specialty physicians to provide the most comprehensive healthcare solutions for Maricopa County and parts of Pinal County. Through BPN, known nationally as an innovative leader in new health care models, insurance plans and physicians are coming together to work collaboratively to keep members in optimal health, while reducing costs.
POSITION SUMMARY
This position is responsible for providing coordination and/or collection of relevant financial data to prepare and interpret financial reports for management in an accurate and timely manner. This position provides maintenance/updates as necessary to ensure the integrity of assigned financial systems and databases.
CORE FUNCTIONS
1. Gathers data from various sources to document and analyze statistics and financial information necessary to complete projects in assigned area. Generates various monthly or bi-weekly financial reports or ad hoc reports that enable management to control and analyze operations.
2. Works with management and staff of various departments to assist with financial data gathering and/or interpretation. Ensures accuracy of financial information systems and maintenance of reporting. Ensures the integrity of statistical files and databases used for financial reporting.
3. Works with other analysts to manage key financial processes within the organization (including operating budgets, forecasts program reporting and analysis, charge management, cost accounting, decision support and reimbursement analysis).
4. Provides financial modeling resources for special projects assigned to the department by management for analysis. Brings strength in logic and analysis of data, sorts through data and determines which elements are useful or pertinent to the assigned project. Identifies outliers and recognizes trends, presents data and analysis results to appropriate parties.
5. Prepares timely and accurate reports and presentations for state and federal agencies, administration and corporate to satisfy mandated reporting requirements policy, law or management. Maintains accurate statistical, contractual or other financial databases, as assigned.
6. Assists in identification and implementation of operating improvements and efficiencies by identifying important trends and variances through the review of management reports and financial analysis. Educates users of the assigned financial reporting system on the utilization of reports and the functionality of those reports.
7. Provides education on available financial tools and resources and provides learning to non-financial staff so they can break down analysis in simple terms.
8. Assignments located in the Western region will have regional accountability and will provide financial analysis support for multiple facilities within the Western Region.
9. Uses specialized knowledge to analyze information and solve business problems. Works independently under general supervision. Provides management with accurate and timely information necessary to effectively manage financial operations for revenues in excess of $300m annually. Consults internally with Department Directors, Administration, Data Operations, Financial Services Department Personnel and Banner Health System personnel. Works with State governmental agencies, colleagues as other healthcare facilities, professional organizations and outside vendors. Assignments with in the Western Region will have regional scope and accountability.
MINIMUM QUALIFICATIONS
Requires a Bachelor’s degree in Accounting, Finance or Business Administration or equivalent experience.
Requires a proficiency level typically attained with three to four years of experience in healthcare financial management/analysis work. Must have excellent analytical and organizational skills and the ability to manage multiple priorities with changing needs and deadlines. Requires excellent human relations skills and the ability to effectively interact and communicate both verbally and in writing with all levels staff and outside professionals.
Requires strong abilities in statistical analysis, data interpretation, computer software applications, database and spreadsheet programs, plus a proficiency in financial modeling techniques to generate management reports, projections, allocations, and analyses.
PREFERRED QUALIFICATIONS
Additional related education and/or experience preferred.
EEO Statement:
EEO/Disabled/Veterans
Our organization supports a drug-free work environment.
Privacy Policy:
Privacy Policy
