Senior Financial Analyst

1 month ago

Columbus, Ohio, United States Nationwide Children's Hospital Full time
Overview

Partners For Kids (PFK) is a physician hospital organization currently composed of more than 900 physicians caring for approximately 300,000 children and adolescents, including primary care physicians, pediatricians, specialty care providers and our sponsoring hospital, Nationwide Children's Hospital (NCH).

The Senior Finance Analyst is responsible for reporting and analysis of capitation revenue and claims expense for the more than $900 million that flows through PFK on an annual basis. This position will work with the financial and actuarial counterparts within the 5 Managed Care Plans (MCPs), all affiliated companies and organizations, PFK's actuarial services vendor, and PFK's data management vendor. Major responsibilities include, but are not limited to, performing audit and internal controls on invoices and data received from the MCPs, capitation and chargeback reporting, supporting the presentation of monthly updates to Senior Leadership on cost trends and financial risk management, ensuring capitation, eligibility and claims data integrity, maintaining reinsurance processes and escrow accounts/reserves, and ad hoc financial modeling or project leadership as requested by the Manager of Finance, VP of Operations, and President.

Why Nationwide Children's Hospital?

The moment you walk through our doors, you feel it. When you meet our patient families, you believe it. And when you talk with anyone who works here, you want to be part of it. Welcome to Nationwide Children's Hospital, Where Passion Meets Purpose.

Here, Diversity, Equity and Inclusion are integrated into our core values and practices. We are passionate about building, sustaining and evolving an inclusive and equitable environment. We are seeking individuals who live these values and want to share their experiences and efforts in support of our collective mission.

We're 14,000 strong. And it takes every one of us to improve the lives of the kids we care for, and the kids around the world we'll never meet. Kids who live healthier, fuller lives because of the knowledge we share. We know it takes a Collaborative Culture to deliver on our promise to provide the very best, innovative care and to foster new discoveries, made possible by the most groundbreaking research. Anywhere.

Ask anyone with a Nationwide Children's badge what they do for a living. They'll tell you it's More Than a Job. It's a calling. It's a chance to use and grow your talent to make an impact that truly matters. Because here, we exist simply to help children everywhere.

Nationwide Children's Hospital. A Place to Be Proud.

Responsibilities

MONTHLY

• Support and record the approximately $35 million monthly wire transaction process between the MCPs and PFK

• Prepare a detailed reconciliation of the capitation and chargeback statements produced by each of the 5 MCPs, ensuring that PFK is receiving the appropriate cap rates and to explain month-to-month variances.

• Partner and work with affiliates and vendors to forecast cash flow and the monthly reserve amount, detailing the drivers behind material gains or shortfalls and changes in membership.

• Prepare and record journal entries for monthly accounting purposes.

• Perform internal control and audit procedures to ensure MCP invoices, wire transfers and data files are accurate.

• Work with MCP contacts to resolve questions, errors or anomalies.

• Support the preparation and presentation of monthly financials and other reports to Senior Leadership, focusing on:

• Identification of cost containment opportunities through analyzing and interpreting per member per month (PMPM) expense trends, detailed analyses of variances by region, program, and payer, and highlighting any known changes to Ohio Medicaid that impact the financial risk assumed by PFK and recommending strategies to impact variances.

• Partner with actuarial services and data management vendors to prepare, reconcile, analyze and interpret monthly financial statements and IBNR

• Function as a PFK financial liaison during the preparation and evaluation of actuarial and accounting statements provided by actuarial services and data management vendors, communicating all relevant financial risk management information to the Manager of Finance and PFK Senior Leadership.

• Work with PFK's data management vendor and PFK staff to resolve questions regarding variances in monthly financial statements.

ANNUAL OR QUARTERLY

Budget - assist in the management of the annual budgeting process for PFK, evaluating and projecting the operational resources required for all administrative and clinical functions.

• Assist with the review and analysis of the ODM rate book. Prepare and assist in communicating changes in rates that have material impacts on future budgets.

• Work with MCP contacts to update rates in accordance with the most current contracts.

Policy and Procedure - assist in the maintenance and documentation of all policies and procedures related to PFK finance and internal controls.

Annual Financial Audit - assist with the audit procedures and analysis related to the annual financial audit. Gather documentation as requested and facilitate communication with MCP's as necessary.

990 Tax Preparation - assist with the preparation of the annual form 990.

Reinsurance - assume accountability for the reinsurance process, including oversight of claim submissions and the annual renewal process.

OTHER & ONGOING RESPONSIBILITIES

Financial Modeling & Ad Hoc Reporting - build detailed financial models to support:

• Contracting - ex. Administrative allowance renegotiation, escrow analysis for new health plans, etc.

• Business Development & Competitive Analysis - ex. Market share reporting, benchmarking managed care reimbursement at non-NCH facilities, providing PFK financial guidance to business plans as requested by Senior Leadership.

• Other Initiatives as Requested by the Senior PFK Leadership Team

Project Support - take an active role in projects to reduce cost of care or improve data quality and efficiency.

Data Integrity - provide analytical support to validate eligibility and claims data platforms.

Other duties as required.

Qualifications

MINIMUM QUALIFICATIONS
  • Bachelor's degree in Accounting required, Masters or CPA preferred.
  • Experience in healthcare finance or related field preferred.
  • Proficiency in Excel and Access required.
  • Proficiency in SQL preferred.

  • Senior Analyst in Financial Reporting

    1 week ago

    Columbus, Ohio, United States Jobot Full time

    Senior Financial Analyst, Corporate Reporting & Treasury - REMOTEAre you a seasoned Financial Analyst seeking a remote role with a rapidly expanding organization? Do you possess a strong enthusiasm for data analysis and financial reporting? If so, this opportunity might align perfectly with your career aspirations.About Jobot:Jobot is a prominent player in...

  • Senior Analyst, Financial Reporting

    1 week ago

    Columbus, Ohio, United States Jobot Full time

    Senior Financial Analyst, Corporate Reporting & Treasury - REMOTEAre you a seasoned Financial Analyst seeking a remote role with a dynamic organization? Do you possess a strong affinity for data analysis and financial reporting? If so, this opportunity could be an excellent match for your skills.About Jobot:Jobot is a prominent revenue cycle management (RCM)...

  • Senior Analyst, Corporate Financial Reporting

    1 week ago

    Columbus, Ohio, United States Jobot Full time

    Senior Financial Analyst, Corporate Reporting & Treasury - REMOTEAre you a seasoned Financial Analyst seeking a remote role with a rapidly expanding organization? Do you possess a strong affinity for data analysis and financial reporting? If so, this opportunity could be an excellent match for your skills.About Jobot:Jobot is a prominent revenue cycle...

  • Senior Financial Analyst

    2 months ago

    Columbus, Ohio, United States Community Health Systems Full time

    Community Health Systems is one of the nation's leading healthcare providers. Developing and operating healthcare delivery systems in 40 distinct markets across 15 states, CHS is committed to helping people get well and live healthier. CHS operates 71 acute-care hospitals and more than 1,000 other sites of care, including physician practices, urgent care...

  • Senior Financial Model Analyst

    1 week ago

    Columbus, Ohio, United States Northwest Bank Full time

    Job OverviewThe Senior Financial Model Analyst plays a crucial role in overseeing and contributing to significant projects focused on the support, development, and upkeep of intricate financial models utilized throughout the lifecycle of loan and deposit products. These models may be rule-based or constructed using advanced statistical, mathematical,...

  • Lead Financial Analyst

    1 week ago

    Columbus, Ohio, United States Creative Financial Staffing Full time

    Senior Accountant PositionDrive financial excellence and contribute to organizational advancement as a Senior Accountant. This role is pivotal in ensuring the financial health of the organization.Key ResponsibilitiesDeliver essential financial insights to guide strategic planningEnhance financial workflows to improve operational productivityGuarantee strong...

  • Senior Financial Analyst

    4 weeks ago

    Columbus, Ohio, United States Ryder System Full time

    _Job Seekers can review the Job Applicant Privacy Policy by clicking HERE. )_ The Senior Financial Analyst will report under the Supply Chain Solutions organization for the Retail, Tech & Health group. This individual will provide financial and analytical support to Financial Management and Logistics Management. Responsibilities include, variance analysis to...

  • Lead Financial Analyst

    1 week ago

    Columbus, Ohio, United States Creative Financial Staffing Full time

    Senior Accountant PositionDrive financial excellence and contribute to the growth of the organization as a Senior Accountant. This role is designed for professionals who thrive in an on-site environment.Key ResponsibilitiesDeliver essential financial insights to guide strategic business decisions.Enhance financial workflows to improve operational...

  • Senior Financial Analyst, FP&A

    1 week ago

    Columbus, Ohio, United States CVS Health Full time

    Join CVS Health and Make a DifferenceAt CVS Health, we are driven by a singular mission: to bring our heart to every moment of your health. This mission shapes our dedication to providing personalized, human-centric healthcare solutions in a rapidly evolving landscape.Position OverviewThe Senior Financial Analyst role is pivotal in delivering financial...

  • Lead Financial Analyst

    1 week ago

    Columbus, Ohio, United States State of Ohio Full time

    Position Overview:The Senior Financial Analyst role involves a comprehensive approach to fiscal management within the Ohio Department of Health. This position is designed for individuals who are adept at navigating complex financial landscapes and contributing to the agency's financial objectives.Key Responsibilities:As a Senior Financial Analyst, you...

  • Senior Financial Professional

    1 day ago

    Columbus, Ohio, United States Creative Financial Staffing Full time

    About the RoleWe are seeking a highly skilled and experienced Senior Accountant to join our team at Creative Financial Staffing. As a Senior Accountant, you will play a key role in managing the daily operations of our accounting department and ensuring the accuracy and timeliness of our financial statements.Key ResponsibilitiesFinancial Statement...

  • Senior Financial Operations Manager

    1 week ago

    Columbus, Ohio, United States Creative Financial Staffing Full time

    Senior Financial Operations Manager at Creative Financial StaffingWe are seeking a Senior Financial Operations Manager at Creative Financial Staffing, a leader in the financial services sector recognized for its commitment to excellence and innovation. The ideal candidate will possess a strong background in financial oversight and will be responsible for...

  • Senior Financial Operations Manager

    1 week ago

    Columbus, Ohio, United States Creative Financial Staffing Full time

    Senior Financial Operations Manager at Creative Financial StaffingWe are seeking a highly skilled Senior Financial Operations Manager at Creative Financial Staffing, a leader in providing exceptional financial services. The ideal candidate will possess extensive experience in financial oversight and will be responsible for guiding our accounting division.Key...

  • Financial Compliance Analyst

    1 week ago

    Columbus, Ohio, United States Bath & Body Works Full time

    Position: Financial Compliance AnalystCompany: Bath & Body WorksLocation: Columbus, OH, USWork Arrangement: HybridJob ID: 04BQFDepartment: FinanceEmployment Type: Full-timeOverviewAt Bath & Body Works, we foster an environment where everyone is valued. Our commitment lies in cultivating a diverse, equitable, and inclusive workplace that emphasizes delivering...

  • Senior Financial Analyst for Project Management

    1 week ago

    Columbus, Ohio, United States Kiewit Infrastructure Co. Full time

    Position OverviewThe Senior Financial Analyst for Project Management serves as the primary contact for all financial and accounting requirements at the project level. Each project at Kiewit operates similarly to a small enterprise, with the Project Financial Analyst acting as the Chief Financial Officer for their respective project, typically valued up to...

  • Financial Investment Analyst

    1 week ago

    Columbus, Ohio, United States Corporate One FCU Full time

    Job OverviewAre you eager to elevate your career within the financial sector? We are seeking a Financial Investment Analyst to be a key player in our Accolade division. In this position, you will play a vital role in assisting our investment advisors with the formulation and execution of balance sheet strategies tailored for our credit union clientele.About...

  • Financial Analyst Lead Senior

    1 month ago

    Columbus, Ohio, United States Canon USA & Affiliates Full time

    Financial Analyst Lead Sr - req1220 OVERVIEW Provide senior level financial analysis and support for assigned business units (full line and region level or ultrasound and corporate.) RESPONSIBILITIES Coordinate and prepare half and fiscal year budgets and forecasts for assigned business areas-full-line sales, ultrasound, and headquarters departments....

  • Lead Financial Analyst

    1 week ago

    Columbus, Ohio, United States Allied Mineral Products Full time

    Senior Financial AnalystAllied Mineral Products is a prominent producer of monolithic refractories globally. We are in search of a Senior Financial Analyst to undertake a range of responsibilities within finance, accounting, and corporate risk management. The selected candidate will play a crucial role in financial planning and analysis, insurance renewal,...

  • Senior Financial Executive

    1 week ago

    Columbus, Ohio, United States Creative Financial Staffing Full time

    Position: Chief Financial OfficerWe are seeking a highly qualified individual for the role of Chief Financial Officer at a prominent healthcare organization. This is a full-time, on-site opportunity that offers a competitive salary starting at $200,000.Key Responsibilities:Ensure the financial health and expansion of the organization and its...

  • Senior Financial Executive

    1 week ago

    Columbus, Ohio, United States Creative Financial Staffing Full time

    Position: Chief Financial OfficerLocation: Columbus, OHWe are currently seeking qualified candidates for the role of Chief Financial Officer at a prominent healthcare organization in the Columbus region. This is a full-time, on-site opportunity with a competitive salary starting at $200,000.Key Responsibilities:Ensure the financial health and growth of the...