OVERVIEW/GENERAL PURPOSE OF POSITION
The Financial Analyst will support the finance department with a focus on department expense tracking, ad-hoc analysis, forecasting and budgeting. This role will provide month-end reporting, variance analysis and commentary for assigned departments, which includes the compilation of performance metrics. This role will be involved with the annual budget planning and periodic forecasting processes.
ESSENTIAL DUTIES AND RESPONSIBILITIES
*Support daily operations of Convey, including but not limited to:
- Extract data from multiple systems and data sources to support financial analysis
- Assist in preparing financial reporting packages and providing variance analysis
- Maintain cost data trends in support of other finance functions and reporting
*Support the month-end, quarter-end and year-end financial close processes.
- Review expenses for assigned departments to ensure accurate coding and data alignment
- Identify miscoded expenses and submit reclass requests to Accounting
- Research deviations from the budget and forecast, and identify the causes and likelihood for recurrence
- Utilize financial systems and other data sources to research purchase orders and supplier invoices, and communicate findings to the Finance & Accounting team as directed
- Work with Business Leads on variance reasons and predict future expense patterns or define necessary expense accruals
*Reporting
- Maintain and update monthly departmental reports for distribution to business leaders
- Perform variance analysis and commentary
- Assist with monthly reporting packages, presentation decks and participate in Business Lead reviews as needed
*Data Analysis
- Compile and maintain data trends and operational metrics from various reports and sources, such as headcount and labor metrics
- Support ad-hoc analysis from the FP&A team and requests from business leaders
*Budget and Forecast Planning
- Participate in the planning cycle by preparing future period departmental reports for distribution to business leaders
- Assist in analyses by providing comparison to historical data run-rates and trends
- Work closely with Business Leads and FP&A to develop forecast and budget P&Ls for assigned cost centers
- Develop ad-hoc schedules or graphs to depict business trends and changes in forecast and budget presentation decks
Qualifications
- Bachelor’s degree in Finance, Accounting or related field
- 2-5 years’ work experience in Financial Planning & Analysis, Accounting or any equivalent combination of related training and experience.
- Zero-based or bottom-up/top-down forecasting and budgeting experience for expense-side P&L.
Other details:
- Setup: Remote
- Employment type: Temporary
- Hourly Rate: $38 to $43
- This temporary assignment is paid hourly and is not eligible for benefits.
WHO WE ARE
Convey Health Solutions manages a myriad of administrative needs and makes it easier for health plans to operate and provide valuable experiences for their members. How so? We focus on building specific technologies and services that uniquely meet the needs of government-sponsored health plans.
Job Type: Temporary
Pay: $38.00 - $43.00 per hour
Work Location: Remote
