Healthcare Budget Analyst

Compiles and prepares annual budgets for the company. Supports management in formulating the budget assumptions, oversees expenses and prepares forecasting reports. Analyses quarterly budget variances and gathers backup information for budget users. Assists in analyzing the accounting allocations and cost projections required to develop budgets.

• Maintain the budget application by company to include healthcare costs, clinical and administrative departments, FTEs and capital expenditure. Makes necessary updates to SQL tables from budget application.
• Collaborate with department managers and directors to develop assumptions and gathers detailed input for medical costs, expenses and FTEs for budget preparation.
• Prepare, compiles and reviews budgets for completeness and timeliness. Monitors adherence to budget time schedule.
• Assist management in gathering healthcare cost data to project healthcare costs to incorporate in budget.
• Analyze staffing costs, capital expenditures and prepares approved budget for distribution. Proposes enhancements to budget process as required.
• Identify and communicate over-expenditures to directors and senior management. Compiles backup of financial transactions for explanation of quarterly and annual variances that measure operational performance by department.
• Review administrative budgets as compiled for reasonableness to inform of problem areas. Evaluates needs of new department creation.
• Prepare forecasting reports and trend analysis.
• Monitor monthly new hires for correct department assignment requesting changes as needed.
• Ad-hoc and reconciliation/research requests as requested.
• Perform other duties as assigned.

Requirements

• Bachelor Degree in Accounting, Administration or related field; The required education can be substituted with 3 years of accounting/finance experience in a managed care.
• 3 years of experience in accounting/finance that includes reconciliations, journal entries, consolidations and financial statements. Experience in an IPA or medical group preferred.
• Working knowledge of accounting, budgets, reporting and reconciliations of managed care data. MAS90 experience a plus.
• Advanced proficiency in Microsoft Excel. SQL and Tableau a plus.
• Able to work independently with minimum supervision, multi-tasking abilities. Excellent written and oral communication skills.
• Highly analytical and detail oriented with excellent interpersonal skills. Good problem solving skills. Ability to work with others.
• Must have experience and judgment to plan and accomplish goals.
• At the discretion of DOHC/FHC management, this position has the potential to be a full or hybrid telecommuting position.

Job Type: Full-time

Pay: $34.55 - $42.77 per hour

Expected hours: 40 per week

Benefits:

• 401(k)
• Dental insurance
• Employee assistance program
• Flexible spending account
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Schedule:

• 8 hour shift
• Monday to Friday

Ability to Relocate:

• Palm Springs, CA 92262: Relocate before starting work (Required)

Work Location: In person