What are the responsibilities and job description for the Sr. Financial Analyst, FP&A position at SCAN and its subsidiaries?
About SCAN
SCAN Group is a not-for-profit organization dedicated to tackling the most pressing issues facing older adults in the United States. SCAN Group is the sole corporate member of SCAN Health Plan, one of the nation’s leading not-for-profit Medicare Advantage plans, serving more than 270,000 members in California, Arizona, and Nevada. SCAN has been a mission-driven organization dedicated to keeping seniors healthy and independent for more than 40 years and is known throughout the healthcare industry and nationally as a leading expert in senior healthcare. SCAN employees are a group of talented, passionate professionals who are committed to supporting older adults on their aging journey, while also innovating healthcare for seniors everywhere. Employees are provided in-depth training and access to state-of-the-art tools necessary to do their jobs, as well as development and growth opportunities. SCAN takes great pride in recognizing our team members as experts in their fields and rewarding them for their efforts. If you are interested in becoming part of an organization that is innovating senior healthcare visit www.thescangroup.org, www.scanhealthplan.com, or follow us on LinkedIn, Facebook, and Twitter.
The Job
Provide analytical support to the annual budgeting and reforecasting processes as well as responding to inquiries from budget owners to troubleshoot issues and analyze monthly reforecast variances versus approved budget. Perform complex analyses including monthly reconciliations, accounting journal entries and monthly financial statement creation and variance analysis.
You Will
Mine, collect, and analyze relevant data to support the corporate budgeting and forecasting processes.
Create and maintain financial models for specific areas as required.
Conduct ongoing analysis required to achieve the quarterly administrative reforecast.
Knowledgeable of all P&L and Balance Sheet activities for the care delivery companies, including but not limited to, grants accounting, healthcare revenues, medical expenses, SG&A expenses, cash & cash equivalents, healthcare receivables and payables, fixed assets, accrued liabilities and equity.
Identify, propose, and execute improvements for the current processes and/or controls for the care delivery companies, including the improvement of the chart of account design based on the companies’ needs.
Develop strong working relationships with finance leads and business owners of the operational areas of the company to support the annual budgeting, forecasting, and monthly close processes.
Support the annual budget process by leading and preparing the budget as related to Operational Administrative expenses, allocations, and capital expenditures for specific operational areas.
Communicate with budget owners as needed to review monthly results, offer explanations regarding variances, and troubleshoot issues. Guide budget owners on principles of accounting, budgeting and forecasting.
Provide business leaders with variance explanations during month-end close process through conducting data analyses and summarizing monthly financial results into key metrics report decks.
Identify and implement opportunities for process improvement and forecasting accuracy.
Perform ad hoc analysis as required.
Contribute to team effort by accomplishing related results as needed.
Actively support the achievement of SCAN’s Vision and Goals.
Other duties as assigned.
Your Qualifications
- Bachelor’s degree in Accounting, Finance, or related field required.
- MBA preferred.
- A comparable combination of education/experience and/or training will be considered equivalent to the education listed above.
- CPA/CA, CFA or CMA or progress towards attaining one of these designations preferred but not required.
- 5 years of relevant experience in Corporate Finance and/or Accounting.
- Healthcare experience preferred, specifically in an HMO setting.
- Advanced knowledge of financial modeling.
- Advanced Excel skills.
- Intermediate Power BI skills.
- Strong analytical abilities.
- Strong verbal and written communication skills.
- Ability to deliver presentations to small groups.
- Ability to work under tight deadlines, manage multiple responsibilities and work independently with minimal supervision.
- Proficient in MS Office.
What's in it for you?
- Base salary range: $80,300.00 to $128,500.00 annually
- Work Mode: Mostly Remote
- An annual employee bonus program
- Robust Wellness Program
- Generous paid-time-off (PTO)
- Eleven paid holidays per year, plus 1 additional floating holiday, plus 1 birthday holiday
- Excellent 401(k) Retirement Saving Plan with employer match and contribution
- Robust employee recognition program
- Tuition reimbursement
- An opportunity to become part of a team that makes a difference to our members and our community every day!
We're always looking for talented people to join our team! Qualified applicants are encouraged to apply now!
At SCAN we believe that it is our business to improve the state of our world. Each of us has a responsibility to drive Equality in our communities and workplaces. We are committed to creating a workforce that reflects our community through inclusive programs and initiatives such as equal pay, employee resource groups, inclusive benefits, and more.
SCAN is proud to be an Equal Employment Opportunity and Affirmative Action workplace. Individuals seeking employment will receive consideration for employment without regard to race, color, national origin, religion, age, sex (including pregnancy, childbirth or related medical conditions), sexual orientation, gender perception or identity, age, marital status, disability, protected veteran status or any other status protected by law. A background check is required.
#LI-AC1
#LI-Hybrid
Salary : $80,300 - $128,500
