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MEDPOINT MANAGEMENT
Woodland, CA | Full Time
$70k-86k (estimate)
2 Months Ago
Colliers International
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MEDPOINT MANAGEMENT
Woodland, CA | Full Time
$80k-99k (estimate)
2 Months Ago
Financial Analyst
$70k-86k (estimate)
Full Time 2 Months Ago
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MEDPOINT MANAGEMENT is Hiring a Financial Analyst Near Woodland, CA

Summary

The Financial Analyst reports to the Supervisor or Team Lead and is integral part of the Finance team to provide financial analysis, and planning/forecasting support. The Financial Analyst is responsible for the timely and accurate monthly high-level accounting close functions, annual audit and budgeting process. This position reviews, reconciles, and analyzes data to ensure delivery of client financial reporting and is accountable for the financial integrity of information reported, as well as the identification of trends. Other key responsibilities include forecasting for Health Plan/Line of Business analysis for management decisions, providing independent analysis to departmental Manager regarding financial results, and identifying potential improvements. Candidate must complete additional assignments and projects as required the Finance Supervisor, Finance Manager, Controller, and CFO or other administrative team members.

Duties and Responsibilities:

  • Review and approve monthly accounting close procedures and balance sheet reconciliations completed by Staff Accountant
  • Review and approve processed monthly Revenue reports completed by Staff Accountant
  • Update Incurred But Not Reported (IBNR) Model and calculate IBNR using Lag reports and/or other appropriate methodologies
  • Prepare Financial Performance summaries by Health Plan, Line of Business
  • Prepare end-of-month financial and board packages
  • Prepare year over year Health Center Financial Performance Analysis for monthly client meetings
  • Perform and respond to variance analysis inquiries for year-end and mid-year audits from external firms and government entities (DHCS, IRS, etc.), and Corrective Action Plans (CAP)
  • Provide Revenue tables and additional Financial Reporting support for internal departments
  • Prepare ad-hoc financial analysis as requested by the Controller, CFO and/or the client

Minimum Job Requirements:

  • Bachelor’s degree or an equivalent combination of education, training and experience is required.
  • 3 years of Physician Organization or Health Plan, Hospital Finance and/or Health Plan experience.
  • Definitive understanding of provider and health plan contracting, delineation of risk, medical terminology and standard industry reimbursement methodologies required.

Skills and Abilities:

  • Demonstrates strong understanding and experience using Excel (VBA’s, macros, Pivot tables, vlookup, hlookup), Power Point, MS Access and other Microsoft Office Systems required.
  • Crystal/SQL experience, knowledge of Mas200, EZ-Cap and Power BI is a plus.
  • Ability to communicate clearly and effectively, work accurately, meet deadlines and provide effective reporting is required.
  • Must be able to plan, coordinate and prioritize resources.
  • Excellent interpersonal skills required to develop and maintain effective working relationships across all levels within the organization. Requisite poise, judgment, and trustworthiness to represent MSO to external groups.
  • Ability to work both independently and as part of a team. Must be able to learn unfamiliar concepts quickly.
  • Detail-oriented, excellent proof reading and editing skills.
  • Maintains information in a confidential manner and complies with HIPAA laws according to policy.
  • Must have extensive experience with accounting close procedures and general ledger reconciliation
  • Must be highly analytical and possess a strong grasp of finance concepts such as capital budgeting, discounted cash flow, financial statement analysis and forecasted.

Salary Range:

  • $75,000 to $80,000

Job Summary

JOB TYPE

Full Time

SALARY

$70k-86k (estimate)

POST DATE

03/01/2024

EXPIRATION DATE

04/28/2024

WEBSITE

medpointmanagement.com

HEADQUARTERS

WOODLAND HILLS, CA

SIZE

25 - 50

FOUNDED

1988

CEO

SHELDON LEWENFUFF PREIDENT

REVENUE

$10M - $50M

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About MEDPOINT MANAGEMENT

MedPoint Management provides IPA management, development and consulting services as well as comprehensive claims processing, medical affairs and financial operations. Clients receive the services of a large medical system in a smaller, more personal setting. MedPOINT Management, Inc. (MPM) provides all aspects of managed care management services to Independent Practice Associations (IPAs) and hospital clients. Our customized management approach meets the unique needs of each of our clients which allows us to successfully manage smaller groups comprised of single physician practices along with ...large groups of FQHC clinics and all practice models in between. Our experienced and knowledgeable staff provides a consistently high level of healthcare management services and strategies. Innovation and commitment to high quality, cost-effective care contribute to the overall satisfaction of our clients and members. Founded in 1987, MedPOINT currently represents a client base of over 4,000 contracted providers throughout California. Our managed IPAs are responsible for coordinating care for over 950,000 members in multiple contracted health plans. The contracts represent various payer mixes including Commercial HMO/PPO, Medi-Cal, Covered California (Exchange), Medicare Advantage and Medi-Medi including CalMedi Connect product lines. Understanding the power of information, MPM has made a significant investment in sophisticated IT systems enabling our management, clinical and administrative staff to efficiently work to coordinate high quality, cost effective, integrated care. The ability to readily track and trend utilization and quality metrics has been a vital component in improving overall health management, impacting the delivery of chronic and episodic care, yielding favorable health outcomes, and assisting our provider networks to meet or exceed health plan benchmarks for HEDIS, STARs and P4P programs. MedPOINTs full range of services are consistently delivered with the same high quality standards that has built our reputation. Flexibility, innovation and an openness to change are what the future demands of us as the nation moves into a new era of Health Care reform. The services MPM is delivering today will continue to embrace these notions to add value to our current and future client base. More
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Step 1: Understand the job description and responsibilities of an Accountant.

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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.

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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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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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