Sr Financial Analyst

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

• Assists leadership with financial analysis activities using budget planning tools. Reviews financial plans and supports the preparation of annual operating budgets.
• Assists with the production of budget, monthly operational review, finance committee and board packages.
• Ensures that input and changes to budget data for assigned areas of focus are correct. Produces summary of changes by each area after budget completion for review and sign-off.
• Assists in the design of Hyperion and Workday based elements such as reports, dashboards, forecasting, and input forms. Supports on-going updates and/or adjustments.
• Supports ongoing performance monitoring efforts. Prepares supporting schedules, to be used in monthly financial dashboard and key performance indicator reports. Assists management with analyses of major variances between budget/forecast plan and actual results across indicators including: Staffing, Program Volume, OTPS, Performance Indicators, as well as Productivity and Performance/Activity Measures. Prepares written and statistical summary reports.
• Acts as an HR liaison for management with regional program directors to prepare monthly staffing ratio reports, FTE's reports, NC capacity reports, and FTE variance reports.
• Leverages tools with statistical, financial and benchmarking data to develop projections of financial results; analyzes results to identify spending trends, cost reductions and program issues. Collaborates with staff in other finance areas and other departments to verify expenditure and performance data and related findings.
• Keeps the team members informed through meetings and provides status reports on status and progress of assignments.
• Designs and delivers management key performance indicator reports, and analyzes trends at level of care, channel, referral source, payer and other levels.
• Utilizes financial planning systems to assist in the development of enterprise wide quarterly financial forecasts and annual budget. Works with developer and appropriate finance staff on required updates.
• Develops and analyzes business plans for new programs, creating Income Statement, Cash Flow and ROI. Reports to leadership on project profitability and risks. Tracks viability of new programs through the design and implementation of performance indicators.
• Provides leadership and guidance to new and less experienced staff members.
• Prepare necessary documents for external and internal auditors.

For Provider:

• Performs operational cost efficiency analyses identifying opportunities to streamline workflows, reduce redundancies and identify barriers. Maintains benchmarking analyses.
• Assists in the design of financial systems elements such as reports, dashboards, forecasting, and input forms. Supports on-going updates and/or adjustments.
• Works with program FP&A teams to analyze and track payer rates, unit costs and payer level profitability. Analyzes prospective changes to Medicare, Medicaid and Managed Care payer rates and presents financial impact summary to leadership. Works collaboratively to achieve rate improvements and identify areas for rate enhancements.

For CHOICE:

• Interacts with Corporate bank representative along with VNS Health Treasury Specialist to develop new banking process and procedures with third parties and prepares monthly bank reconciliations.
• Performs specialized "case mix" variance analysis that incorporates the restatement of "non-controllable" budgeted statistics (e.g. census by product) to their actual levels. Computes and prepares variance reports for management on a regular basis and consolidates reports with monthly financials to ensure the controls of costs, as required.
• Interacts with Corporate bank representative along with VNS Health Treasury Specialist to develop new banking process and procedures with third parties and prepares monthly bank reconciliations.
• Conducts utilization variance analysis to compare actual vs. planned service units provided to members. Provides management with regular status reports covering statistical variances, including those not explained by "case mix" related adjustments.
• Reviews and analyzes monthly financial transactions, ensuring accuracy and completeness of journal entries, makes necessary adjustments as needed, prepares reports of findings and disseminate financial reports to management for review.
• Interacts with Corporate bank representative along with VNS Health Treasury Specialist to develop new banking process and procedures with third parties and prepares monthly bank reconciliations.
• Oversees and reviews monthly general ledger accruals for categories of expense (e.g. nursing home, home health aid hours, transportation), and supervises the development of subledgers and/or back end reports.

For Hospice:

• Reviews and analyzes monthly financial statements, ensuring accuracy and completeness of journal entries, works with accounting team to make adjustments as needed, prepares reports of findings and disseminates financial reports to management for review.
• Completes month-end close flash report and monthly reforecasting templates.
• Supervises claims/auditing process.
• Participates in special projects and performs other duties as assigned.

Education:
Bachelor's Degree in Finance, Business Administration or related discipline required
Master's Degree in Business Administration preferred

Work Experience:
Minimum four years progressive experience in finance related positions which includes accounting, budgeting, financial analysis, or financial planning required
Demonstrated high level proficiency in Microsoft Office suite (Windows Excel, PowerPoint and Word), and ability to work with on-line databases and data warehouses required
Effective oral and written communication and interpersonal skills required
Experience with Hyperion version 11 Planning, Reports, Essbase, Workday, and/or "nVision preferred
For Hospice: Experience with SAS/SQL, Homecare Homebase, Adaptive Insights, or Tableau preferred