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Financial Process Improvement Analyst

2 months ago

Bismarck, North Dakota, United States Highmark Health Full time

Job Summary

This role supports the organization by establishing new financial processes, providing complex financial modeling for new business strategies, and offering advisory services to business leaders as they evaluate opportunities for integrated delivery and financing system (IDFS) integration. This position will help internal customers throughout the family of companies to assess the viability of strategies, evaluate financial results and risks to performance, and establish new financial processes to support an evolving business.

Key Responsibilities

  • Establish and maintain strong working relationships with customers of all levels, and interact regularly with business leaders and senior leadership throughout the company and its subsidiaries.
  • Project Execution and Reporting: includes executing projects efficiently and effectively, ensuring that all agreed-upon customer deliverables are produced in an efficient and effective manner, and meet or exceed customer expectations. This will require working independently and directly with customer management (likely engaging directly with leadership) and ensuring that a cross-functional/divisional view is provided in the context of the work.
  • Project Execution and Reporting: will report periodically on the status of the project and identify corrective actions if needed to course correct and ensure potentially changing expectations are managed. Consistent communication with department leadership and customer leadership will be required to report status, identify risks to project deliverables, and provide advice on areas of potential options to still accomplish business objectives. This role will direct employees from other departments to accomplish project goals and will review progress of team members, provide quality control of deliverables, and provide relevant feedback as necessary.
  • Project Initiation and Planning: includes identifying potential customer needs and services, gathering a detailed understanding of the business objectives, collaborating with the business owners to gain acceptance and approval of support to be provided and deliverables to be provided at the end of the project.
  • Other duties as assigned or requested.

Requirements

  • Bachelor's Degree in Business Administration/Management, Finance, Accounting, or a related field, or relevant experience and/or education as determined by the company in lieu of a bachelor's degree.
  • Master's Degree in Business Administration/Management, Finance, Accounting, or a related field (preferred).
  • 5 years of experience in a financial role within an organization.
  • 3 years of experience presenting financial results to executive audiences.
  • 3 years of experience in project-oriented roles and managing indirect resources.
  • Advanced business/financial knowledge of payor or provider (preferred).
  • Experience in people management (preferred).
  • 2 years of management experience (preferred).

Skills

  • Strong written and oral communication skills, including presentation skills.
  • Strong relationship-building skills.
  • Client-focused with strong financial and business process acumen.
  • Self-starter with the ability to work under pressure independently and as part of a team.
  • Ability to problem-solve, think strategically, and act proactively in periods of ambiguity to create trust and confidence with leadership and customers.
  • Advanced knowledge of financial processes, modeling, and business drivers will be required to visualize, articulate, and advise the business in order to assess highly complex issues of an integrated delivery system and the economics of the system.

Compensation

Pay Range Minimum: $67,500.00

Pay Range Maximum: $124,800.00