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University of California Office of the President
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Oakland, CA | Full Time
$96k-118k (estimate)
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BSC
Oakland, CA | Full Time
$96k-118k (estimate)
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Oakland, CA | Full Time
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Blue Shield of CA
Oakland, CA | Full Time
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Blue Shield of California
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University of California Office of the President
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San Francisco Bay Area Rapid Transit District...
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BSC
Oakland, CA | Full Time
$113k-138k (estimate)
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University of California Office of the President
Oakland, CA | Full Time
$108k-133k (estimate)
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University of California Office of the President
Oakland, CA | Full Time
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University of California Office of the President
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$87k-109k (estimate)
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Financial Analyst, Experienced
BSC Oakland, CA
$96k-118k (estimate)
Full Time | Business Services 2 Weeks Ago
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BSC is Hiring a Financial Analyst, Experienced Near Oakland, CA

Your Role

The Managed Care Finance team administers the financial terms and conditions of our capitated contracts with IPA/Medical Groups, Hospitals, and Vendors. The Financial Analyst, Experienced will report to the Manager of Managed Care Finance. In this role you will be performing provider contract analysis, financial research, preparing financial forecasts, analyzing data trends, and translating data into useful information. You will interact with a variety of internal units as well as IPA/Medical Groups to monitor financial payments and reporting to ensure compliance with contractual requirements and governmental regulations.

Your Work

In this role, you will:

  • Analyze limited raw revenue/expense data and summarize detailed revenue/expense data; compare summarized claim data against fee schedules and contracts
  • Assist with production of contract performance reports, modeling of reimbursement rates, evaluation of financial contract modifications and compiling and monitoring key managed care statistics 
  • Participate in the development of financial models; collect and evaluate data, analyze results 
  • Perform daily cash desk activities (e.g., account review, funds movement, daily reporting, near-term forecasting) 
  • Follow and conduct audit processes and review internal controls to ensure financial transactions are accurate, timely and comply with accounting standards, principles and company policy 
  • Generate reporting and provide analysis of capitation, eligibility, membership, shared risk arrangements, claims, and provider incentive programs
  • Develop financial accruals and prepare payments for expenses related to retroactive capitation rate increases, shared risk settlements, provider incentives, provider claims, and other non-standard contract provisions
  • Provide contract interpretation consultation (including non-standard contracts) to internal business units and external provider customers
  • Assist in the development of new processes and reporting mechanisms to meet company needs and improve customer service
  • Address and/or resolve non-standard customer issues and builds strong relationships with customers

Job Summary

JOB TYPE

Full Time

INDUSTRY

Business Services

SALARY

$96k-118k (estimate)

POST DATE

04/29/2024

EXPIRATION DATE

05/24/2024

WEBSITE

bscgroup.com

HEADQUARTERS

BOSTON, MA

SIZE

100 - 200

FOUNDED

1965

TYPE

Private

CEO

DAVID HAYES PE

REVENUE

$50M - $200M

INDUSTRY

Business Services

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About BSC

BSC Group offers engineering, planning, landscape architecture, transportation engineering and ecological services.

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The job skills required for Financial Analyst, Experienced include Accounting, Financial Analysis, Forecasting, Customer Service, Internal Control, etc. Having related job skills and expertise will give you an advantage when applying to be a Financial Analyst, Experienced. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Financial Analyst, Experienced. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Financial Analyst, Experienced positions, which can be used as a reference in future career path planning. As a Financial Analyst, Experienced, it can be promoted into senior positions as a Financial Analyst III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Financial Analyst, Experienced. You can explore the career advancement for a Financial Analyst, Experienced below and select your interested title to get hiring information.

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If you are interested in becoming a Financial Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Financial Analyst for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Financial Analyst job description and responsibilities

Broadly speaking, a financial analyst works with financial data to help organizations make business decisions.

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Build financial models to perform financial forecasts, predict business scenarios, and provide other data analysis to help make business decisions.

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Every financial analyst’s job will hold different responsibilities depending on their specialty and where they work.

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They often develop and execute complex methodologies that enable them to generate useful pointers from the financial data and problem statements that their clients provide.

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Financial analysts who have little to no professional experience are responsible for gathering data, financial modeling and creating or maintaining spreadsheets.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Financial Analyst jobs

To become a senior or junior level financial analyst, one may be required to earn a Master’s of Business Administration.

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Obtaining a finance degree (bachelor’s or MBA) and working towards becoming a financial analyst requires the development of skills, expertise, and specific abilities.

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To be a financial analyst, one should be good with numbers, comfortable presenting research, analytical, and have great ability to research large amounts of data and pay attention to small details.

12/27/2021: Youngstown, OH

Earning a finance degree and taking the steps to become a financial analyst requires specific abilities and the development of specialized skills.

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With relevant work experience and appropriate training, finance students can become equipped to pursue the path of becoming a financial analyst.

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Step 3: View the best colleges and universities for Financial Analyst.

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