Financial Modeling and Forecasting. Provides technical analysis to determine present and future financial performance. Organizes information from a variety of sources for use in analyzing future plans and forecasts. Collaborates with all levels of management, both internally and externally, to gather, analyze, summarize, prepare, and present recommendations regarding financial plans and other complex financial matters. Researches and evaluates information to resolve issues and makes recommendations. Develops and/or executes complex financial models. Financial Analysis and Reporting. Analyzes and synthesizes information and designs and creates accurate and timely reports. Designs financial reporting to meet the compliance needs of internal and external users. Extracts and consolidates data from multiple sources. Financial Methods and Systems. Contributes to the planning and improvement of practices, processes and systems. Collaborates with all levels of internal and external contacts to carry out department goals. Provides a high level of service that cultivates and maintains strong working relationships and communicates effectively; takes ownership and accountability for timeliness, accuracy and relationship management. Strategic Resource. Translates department finance goals into objectives. Identifies and raises potential financial opportunities, issues, risks, ideas and solutions. Identifies the appropriate stakeholders to include in consultations, communications, approvals or buy-ins for designing and implementing changes. Compliance and Risk Management. Establishes, implements and/or maintains strong internal controls in areas of assigned responsibility to provide reasonable assurance of effective and appropriate resource use, accurate financial information, and adherence to contractual obligations and agreements, policies, procedures, and external regulatory requirements. Mentors, leads and/or supervises staff. May perform other duties as assigned.
Required Skill/ability 1: Knowledge of financial, health care related and economic concepts, accounting, financial theory, modeling and analysis & knowledge of Microsoft Office PC based spreadsheets, (Excel), word processing and database management (Access) software.
Required Skill/ability 2: Related experience in Health Maintenance Organization (HMO) model and/or other Patient-Centered Care models. environments & demonstrated application of financial, accounting and economic concepts.
Required Skill/ability 3: Ability to understand medical claims data and the health care industry & the ability to understand contract terms and conditions.
Required Skill/ability 4: Familiarity of medical billing and coding as well as reimbursement methodologies & well developed organizational, oral, written communication, and presentation skills.
Required Skill/ability 5: Ability to communicate complex information clearly and concisely to non-financial staff, physicians and managers & well-developed analytic and problem-solving skills.
Preferred Education: MBA, CPA or MHA & Knowledge of health insurance industry.
Work Week: Standard (M-F equal number of hours per day)
Posting Position Title: Financial Analyst 2
University Job Title: Medical Economics, Financial Analyst
Preferred Education, Experience and Skills: MBA, CPA or MHA & Knowledge of health insurance industry.
Bachelor's degree in Accounting, Business, Economics or Finance and four years of related experience or an equivalent combination of education and experience. Demonstrated application of financial, accounting and economic concepts.
Yale University is an American private Ivy League research university located in New Haven, Connecticut. Founded in 1701 in the Colony of Connecticut, the university is the third-oldest institution of higher education in the United States.