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in Dayton, OH
Financial Analyst I
Estimated Pay | $37 per hour |
---|---|
Hours | Full-time, Part-time |
Location | Dayton, Ohio |
Compare Pay
Estimated Pay$23.4
$36.85
$63.61
About this job
Job Summary:
The Financial Analyst I assists in the analysis for utilization and financial trends, costs, revenues, financial commitments and obligations incurred to predict future revenues and expenses.
Essential Functions:
- Highly involved in 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, etc.
- Ensure integrity of information obtained for analysis; keep an up-to-date knowledge of the computer information system
- Assist in the development of revenue & medical expense forecast and budget and monitor monthly variances to identify trends
- Identify and research trends and patterns using standard departmental reports and databases, as well as leveraging other processes and data sources for data mining
- Suggest 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 (such as, reconcile enrollment files to reimbursement records, etc.)
- 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
- Perform any other job related instructions as requested
Education and Experience:
- Bachelor of Science/Arts Degree in accounting, finance, economics, computer sciences or related field or equivalent years of relevant work experience is required
- Previous experience in financial field is preferred
- Managed care or healthcare experience is preferred
Competencies, Knowledge and Skills:
- Knowledge of SQL and/or SAS is preferred, but not required
- Highly proficient 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
- Perform a variety of tasks under general supervision
- Creativity and latitude (independent judgment) is required
- Ability to work with others and work independently
- Demonstrates analytical/problem solving skills to perform a variety of tasks, some of which may be complicated
- Possesses critical thinking/listening skills
- Ability to communicate with all levels of management
- Detail oriented
Licensure and Certification:
- None
Working Conditions:
- General office environment; may be required to sit or stand for extended periods of time
Compensation Range:
$52,400.00 - $83,900.00 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. We are highly invested in every employee's total well-being and offer a substantial and comprehensive total rewards package.
Compensation Type:
Salary
Competencies: