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Financial Analyst (Garden City, NY)
HealthCare Partners, IPA and HealthCare Partners, MSO together comprise our health care delivery system providing enhanced quality care to our members, providers and health plan partners. Active since 1996, HealthCare Partners (HCP) is the largest physician-owned and led IPA in the Northeast, serving the five boroughs and Long Island. Our network includes over 6,000 primary care physicians and specialists delivering services to our 125,000 members enrolled in Commercial, Medicare and Medicaid products. Our MSO employs 200+ skilled professionals dedicated to ensuring members have access to the highest quality of care while efficiently utilizing healthcare resources.
HCP’s vision is to be recognized by members, providers and payers as the organization that delivers unsurpassed excellence in healthcare to the people of New York and their communities. We pride ourselves on selecting the most qualified candidates who reflect HCP’s mission of serving our members by facilitating the delivery of quality care. Interested in joining our successful Garden City Team? We are currently seeking a Financial Analyst.
Position Summary:
In this role, the Financial Analyst will assist the Director of Financial Operations in recording, analyzing and reporting financial information that is accurate, timely and relevant for senior management to utilize in identifying and managing the organization's strategic objectives. This position will also directly support the Director of Financial Operations, the VP of Finance and Corporate Controller and the Manager of Financial Reporting and Analysis by aiding in day to day accounts payable operations, participating in the General Ledger reconciliation process. This position is responsible for managing, coordinating, and implementation initiatives and processes to improve the overall integrity of the reconciliation processes. The ideal candidate will have extensive experience and knowledge working with healthcare financial data, data reconciliation, data analysis, excellent communication, presentation, and visualization. In addition, maintain strict confidence of all HealthCare Partners member, provider and health plan information to which the Financial Analyst has access.
Essential Position Functions/Responsibilities:
Qualification Requirements:
Skills, Knowledge, Abilities
Training/Education:
Experience:
Bonus Incentive: Up to 5% of base salary
HealthCare Partners, MSO provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, HealthCare Partners, MSO complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.
HCP’s vision is to be recognized by members, providers and payers as the organization that delivers unsurpassed excellence in healthcare to the people of New York and their communities. We pride ourselves on selecting the most qualified candidates who reflect HCP’s mission of serving our members by facilitating the delivery of quality care. Interested in joining our successful Garden City Team? We are currently seeking a Financial Analyst.
Position Summary:
In this role, the Financial Analyst will assist the Director of Financial Operations in recording, analyzing and reporting financial information that is accurate, timely and relevant for senior management to utilize in identifying and managing the organization's strategic objectives. This position will also directly support the Director of Financial Operations, the VP of Finance and Corporate Controller and the Manager of Financial Reporting and Analysis by aiding in day to day accounts payable operations, participating in the General Ledger reconciliation process. This position is responsible for managing, coordinating, and implementation initiatives and processes to improve the overall integrity of the reconciliation processes. The ideal candidate will have extensive experience and knowledge working with healthcare financial data, data reconciliation, data analysis, excellent communication, presentation, and visualization. In addition, maintain strict confidence of all HealthCare Partners member, provider and health plan information to which the Financial Analyst has access.
Essential Position Functions/Responsibilities:
- Responsible for day-to-day functions, procedures and processes for accounts payable.
- Responsible for performing the day-to-day general ledger accounting, financial reporting, and analysis for assigned functional areas.
- Responsible for the Expense reconciliation process and the identification of over/under payments.
- Routine communication with Supervisor relating to financial close, issues and deliverables.
- Assist with the development of monthly financial statements to be distributed to Executive Management.
- Ability to consistently maintain productivity and quality expectations as defined by management.
- Perform account reconciliations/analysis, accrual calculations and other accounting schedules as needed.
- Prepare and maintain weekly financial reports for California office and HCP Executive Team.
- Perform various audits including but not limited to claims, contracts, etc.
- Analyze expenditures to identify cost savings opportunities.
- Prepare and process journal entries related to all business units.
- Assist with audit functions and deliverables as necessary.
- Responsible as an user to various HCP Financial Reporting programs.
- Assist with subsidiary ledger reconciliation as needed.
- Perform Ad Hoc analysis, special projects, accounting and administrative duties as needed.
- Work collaboratively with key members of HCP’s Finance, Executive, and operations teams to understand these customers’ informational needs as well as on approaches to best applying the information provided
- Maintain communication with direct manager and/or Team Leads and promptly follow-up with other departments as needed especially when seeking further information on vendor and expense resolution
- Ability to maintain confidentiality of all information under HIPPA guidelines and policies and maintain PHI integrity
- Preforming regular interpretation of information based on analysis, identification of over and underpayment trends, and development of recommendations based on analysis
- Leading and participating in moderately complex projects related to General ledger issues
- Maintaining relationships with Healthplans and escalating payment issues
- Conducting special projects and special studies to facilitate revenue management as required for system conversions, new facilities/acquisitions, new departments, new service lines, changes in regulations, legal reviews, etc.
- Effectively participate during team meeting, healthplans discussions/meetings and conference calls/meetings as needed
- Ability to consistently maintain productivity and quality expectations as defined by management
Qualification Requirements:
Skills, Knowledge, Abilities
- Strong, analytical, organizational and problem solving skills with bottom line orientation.
- Ability to manage various competing priorities.
- Excellent written and oral communication skills.
- The ability to effectively and professionally interact with internal and external customers and vendors.
- Excellent documentation and organizational skills.
- Understanding of accounting processes, procedure and internal controls.
- Ability to adapt quickly and learn new tasks independently
Training/Education:
- Bachelor’s Degree in Finance or Accounting, required.
- Knowledge of Healthcare operations, preferred.
- Proficient with Windows software, including but not limited to Microsoft Windows, Access, Outlook, Excel, and PowerPoint.
- ERP Financial Reporting Application Experience, required.
- Module knowledge in Sage 100, Sage intacct, Concur, Concord, Preferred
Experience:
- 3-5 years’ experience in Finance and or Operations.
Bonus Incentive: Up to 5% of base salary
HealthCare Partners, MSO provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, HealthCare Partners, MSO complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.
Department: Finance
This is a non-management position
This is a full time position