Senior Financial Analyst - Hybrid
Kforce's client, a publicly traded health care company in Rutherford, NJ is seeking a Senior Financial Analyst for a hybrid role. Summary: The Senior Financial Analyst supports the financial and operational evaluation of prospective Health Plan contracts, providing consulting and recommendations to ensure growth and profitability of third-party payors. The position is 3 days in the office and 2 days remote. This company offers excellent opportunities for advancement along with a year-end bonus and great benefits. Responsibilities:
- Performs all financial analyses required for prospective third-party contracts including the compilation of fee schedules, revenue projections, synergy analyses and -what-if- scenarios
- Ownership of full Profit & Loss statements along with related financial measures; Understanding of the drivers and inputs to each financial line item and/or financial measure
- Develops utilization and membership corridors and integrates such corridors into contracts where applicable to protect the Company from downstream risk with capitated arrangements
- Supports the development of standard premium priced tests, capitation carve-outs and overall pricing guidelines
- Serves as a content expert to regional leadership regarding third party contracts and pricing strategies
- Interfaces directly with regional leadership regarding the price, volume, and cost implications associated with new and existing third-party contracts
- Develops methods to streamline the pricing review and authorization process for third-party contracts
- Responsible for the completion of financial elements, and overall review of negotiation approval documents
- Interacts with Legal department during contract review and approval
- Performs specific test campaign analyses to determine the prospective revenue and volume impact for key test initiatives
- Bachelor's degree
- A minimum three years of relevant financial analysis with financial modeling experience
- Strong understanding of the healthcare industry and health plans specifically (product types, trends, etc.)
- Innovative thinker comfortable with ambiguity to complete tasks
- Ability to work effectively cross-functionally in a matrix environment and build/maintain relationships
- Excellent verbal and written communication skills
- Ability to work effectively both independently and within a team
- Strong PC skills (Excel, Access, PowerPoint, Word)
- Proficiency in Excel is non-negotiable (VLookups, Sumifs, Iferror, etc.)
- PC skills preferred (Power BI, SQL, Python)
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