Overview

About Fallon Health:

Fallon Health is a company that cares. We prioritize our members—always—making sure they get the care they need and deserve. Founded in 1977 in Worcester, Massachusetts, Fallon delivers equitable, high-quality coordinated care and is continually rated among the nation’s top health plans for member experience, service, and clinical quality. Today, guided by our mission of improving health and inspiring hope, we strive to be the leading provider of government-sponsored health insurance programs—including Medicare, Medicaid, and PACE (Program of All-Inclusive Care for the Elderly)— in the region. Learn more at fallonhealth.org or follow us on Facebook, Twitter, and LinkedIn.

Brief Summary of Purpose:

The Financial Analyst will support Financial Planning and Analysis in all its required areas of functionality. The individual will be a key contributor in supporting the planning process.

Responsibilities

Job Responsibilities:

• Assist in SG&A discussions/analysis as requested by manager
• Upload actual financial data by cost center to Adaptive Planning
• Maintain prior period analysis
• Understand and assist in the development of key business drivers to forecast G&A expenses by cost center based on current membership projections
• Develop reports to compare actual to forecast and provide key drivers of variances at account level. Provide details at vendor level to support analysis.
• Use forecasting model as a base in developing annual budget
• Provide insight to significant budget variances in all cost centers
• Update quarterly forecast and budget templates
• Address ad hoc project requests.
• Take personal accountability for contribution to team and FCHP results.
• Actively participate and support community events sponsored by FCHP.
• Demonstrate clear professional standards.
• Actively seek opportunities for cross training within the FP&A organization.

Qualifications

Education:

BS in Finance/Accounting

Experience:

• 3-5 years prior experience with budgeting, forecasting, and financial analytics; health plan experience preferred
• Demonstrated strong analytical skills with superior attention to detail
• Robust interpersonal skills, effective in working with cross functional team members
• Proficiency with Microsoft Office Suite, Oracle and Budgeting Software
• Experience building models for analytics, trending, forecasting, and budgeting
• General understanding of financial statements and GAAP accounting rules
• Excellent written/oral communication skills, can generate concise reports and verbal updates
• Ability to manage multiple priorities simultaneously
• Flexibility to work in a fast paced and dynamic work environment

Fallon Health Vaccination Requirements:

To protect the health and safety of our workforce, members and communities we serve, Fallon Health now requires all employees to disclose COVID-19 vaccination status. As of 2/1/2022 all roles not designated as “Remote” require full COVID-19 vaccination and Fallon Health will obtain the necessary information from candidates prior to employment to ensure compliance. Failure to meet the vaccination requirement may result in rescission of an employment offer or termination of employment.

Fallon Health provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.