[Remote] Financial Analyst II - Managed Care Industry Experienced - Remote
Note: The job is a remote job and is open to candidates in USA. Military Spouse Jobs is partnering with Magellan Federal to find qualified candidates for the Financial Analyst II position. The role involves analyzing costs, preparing financial reports, and providing recommendations to leadership in the managed care industry.ResponsibilitiesAnalyzes complex financial information and reports; provides accurate and timely financial recommendations to management for decision making purposesDevelops sophisticated financial modelsProvides recommendations based upon evaluation of financial trends and forecastsEvaluates and monitors the efficiency and performance of programs, ensuring program execution is on targetManages dashboard reporting by tracking monthly, quarterly and annual revenue and expensesObtains a thorough understanding of operating infrastructure of Strategic Business Unit(s) (SBUs) operations to be able to proactively analyze and identify opportunities for cost savings and revenue enhancementsRegularly reviews historical operating results and proactively identifies and analyzes potential revenue enhancement and cost saving opportunitiesPerforms a variety of pro forma financial and operating analyses as requested to support proposalsReviews and understands fluctuations across SBUs in delivering cost of care and variations in cost of careDifferentiates impact of rate versus utilization variationsSupports SBUs by providing information, responding to questions and resolving complex problems and issuesIf supporting Medicare Part D, will be responsible for implementing CMS requirements related direct and indirect plan remuneration, plan to plan reconciliation, monthly membership reports, coverage gap discount program, medical loss ratio reporting, fiscal soundness reporting, audit assistance and analysis of drug utilization and other costs trendsOther special projects as assignedSkillsBachelors degree in accounting or financeUnderstanding of the financial structure and business practices of the managed care industryStrong PC skills are essential, with advanced skills in Excel and Hyperion Essbase or other large enterprise financial softwareAbility to understand and analyze complex data sets and frame it to actionable analysisWork Experience - Required: FinanceEducation - Required: Bachelor's - Accounting, Bachelor's - FinanceEducation - Preferred: Master'sCompany OverviewMilitary Spouse Jobs provides employment referral and job placement solutions to military spouses. It was founded in 2010, and is headquartered in Fort Myers, Florida, USA, with a workforce of 51-200 employees. Its website is https://militaryspousejobs.org.