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Financial Analyst
$77k-95k (estimate)
Full Time | Ancillary Healthcare 3 Weeks Ago
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Harbor Health Services, Inc. is Hiring a Financial Analyst Near Boston, MA

Harbor Health Services is an innovative, growing, mission-based organization that lives, serves and collaborates with our community members to achieve our mission to help individuals reach their full potential through access to local, affordable services that promote health. Harbor provides medical, behavioral health, dental, and support services to more than 34,000 patients in Boston, the South Shore, and Cape Cod. Harbor Health also operates two Programs for All-Inclusive Care for the Elderly in Mattapan and Brockton, providing comprehensive healthcare, transportation and social services for more than 580 frail elders who continue to live with dignity and independence in the community and a Woman, Infants and Children (WIC) Nutrition Program. We are seeking a talented Financial Analyst to join our Finance team at the Elder Service Plan in Mattapan.
Harbor Health offers an excellent, comprehensive benefits package including Health, Dental, Vision, Life, & Disability insurance, 403b Savings Plan, Generous Paid Time Off plus 11 additional Holidays and much more!Role: This is a hybrid position, must be available to be in the office in Mattapan, MA as needed, candidates must reside in Massachusetts (or RI/NH). Reporting to the Director of Finance ESP, the PACE Financial Analyst supports Harbor Health’s Elder Service Plan (PACE) plan by providing financial support to include membership reporting and preparing schedules and projects.
Our ideal candidate has strong analytical and Excel skills, with an ability to summarize information with strong attention to detail in the development and maintenance of various spreadsheets and models.
Responsibilities:
  • Updates, maintains and distributes Membership lists and graphs in Excel and verifies member location and site statistics.
  • Reconciles Claims System membership to Electronic Medical Records (EMR).
  • Gathers data from various sources and prepares spreadsheets for external benchmarking and bank reporting.
  • Maintains and tracks revenue data and interprets and summarizes results.
  • Assists director in preparing medical expense accruals and utilization reports and works with Clinical departments on Medical Savings initiatives.
  • Pulls claims data, analyzes key cost drivers and summarize results.
  • Monitors high-cost claimants and provides data to Reinsurer.
  • Assist in explaining budget versus actual results.
  • Coordinates new PACE provider contracts; updates contract template and investigates reimbursement, obtains W-9 and Certificate of Liability from contractor, and advises clinical team of status.
Requirements:
  • Bachelor’s Degree in Finance, Accounting, Business or Economics
  • Minimum of 2 years of professional experience in accounting and/or financial analysis, health care experience strongly preferred
  • Proficiency in Microsoft Office 365 including Outlook, Word and strong proficiency in Excel
  • Excellent verbal and written communication skills
  • Exceptional customer service skills
  • Attention to detail, ability to meet deadlines and organize workload
  • Proven problem-solving and critical thinking skills.
  • Must be able to travel between Harbor sites as needed
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Ancillary Healthcare

SALARY

$77k-95k (estimate)

POST DATE

05/24/2024

EXPIRATION DATE

06/19/2024

WEBSITE

hhsi.us

HEADQUARTERS

PLYMOUTH, MA

SIZE

200 - 500

FOUNDED

1985

TYPE

Private

CEO

DANIEL DRISCOLL

REVENUE

$10M - $50M

INDUSTRY

Ancillary Healthcare

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The job skills required for Financial Analyst include Accounting, Financial Analysis, Problem Solving, Economics, Microsoft Office, Written Communication, etc. Having related job skills and expertise will give you an advantage when applying to be a Financial Analyst. 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. 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 positions, which can be used as a reference in future career path planning. As a Financial Analyst, 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. You can explore the career advancement for a Financial Analyst 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.

12/07/2021: Baltimore, MD

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

03/03/2022: Omaha, NE

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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