What are the responsibilities and job description for the Financial Analyst - Contracts position at Netsmart?
At Netsmart, improving care delivery isn’t just our aspiration, it’s our passion! For more than 50 years, we’ve been a healthcare software company developing technology and providing services in the behavioral health, human services, and post-acute markets. We collaborate with organizations and partner with our clients across the care spectrum to anticipate challenges, identify obstacles and recognize new opportunities as healthcare evolves. We continuously strive to advance our Netsmart technologies and offerings beyond the EHR by embracing new technology trends that empower healthcare professionals to provide the best possible care.
Financial Analyst- Contracts
As a Contract Financial Analyst at Netsmart, you have the unique opportunity to interface with managers across a variety of areas at Netsmart such as sales, client alignment, legal, support, plexus cloud and more! You will be working to compile and analyze contract and financial information for our business segments, resolving contract issues, and finalizing contract changes with clients and internal Netsmart stakeholders so that revenue is maximized, and risk is mitigated. You will ensure that our contract and financial information have been recorded accurately so that we can identify trends and developments in competitive environments.
Every day can be different in this role as you work with client calls, drafting legal documents., collaborate with other teams on new sales bookings to help close on the contracts, to performing financial analysis on the financial value of contracts and reconciliation of products/services purchased by clients.
Responsibilities
- Conducts thorough review of contracts to calculate/report on financial impact of pending requested change including proper review of term and termination language, communication to regional controllers, sales, finance team, and legal
- Manage amendment requests, gathering business requirements, drafting amendments, and reviewing with the appropriate associates.
- Conducts research and analysis of client billing and revenue to create data input for contract amendments
- Works closely with Regional Controllers, Revenue Team, Billing, and Client Alignment teams to correctly manage revenue and billing to mitigate future impact on financials of amendments/terminations in process
- Strong research and analysis skills of financial statements and contracts
Qualifications
Required
- Must be able to work onsite in Overland Park, KS
- Bachelor’s degree in Accounting, Finance, Business Management or equivalent experience
- Minimum 1-year related financial analysis experience
- Demonstrated ability to develop financial analysis and translate it into actionable tasks
- Knowledge of basic accounting processes, procedure, and internal controls.
Preferred
- Financial analysis experience in the healthcare or software industry
- Contract experience from a sales or legal perspective.
- Experience working in general ledger, financial analytics
- Experieince working with client or vendor contracts
