Finance Budget Analyst -- Remote (NC Residents Only)

Summary

Monarch is a healthcare company focused on providing life-changing care in communities across North Carolina and Rhode Island. The Finance Budget Analyst will provide comprehensive financial planning, reporting, analysis, and decision support to the company's business segments while also leading budget development and management initiatives.

Responsibilities

• Prepare supporting materials for, and lead discussions during financial, service and program review meetings to leverage insights gained through analysis and provide decision support to operations teams
• Develop and publish financial and non-financial metrics, calling attention to opportunities and risks. Communicate opportunities and risks to Finance and respective business segment/service line. Identify, recommend, and implement ways to capitalize on opportunities and mitigate risks
• Prepare and analyze various reports with revenue, expense and statistical information. Maintain statistical data and verify its accuracy with financial reports and subsidiary ledgers/modules
• Develop and implement budgets/financials for respective business segment/service line
• Initiate planning, provide leadership and participate in the budget and forecast cycles by participating in planning discussions with Finance and respective business segment/service line
• Initiate planning, provide leadership and participate in the budget and forecast cycles by preparing templates, training materials, financial reports and related analysis
• Initiate planning, provide leadership and participate in the budget and forecast cycles by working collaboratively with department managers, Finance and business segment/service line to develop detailed budgets and forecasts, challenge assumptions when appropriate
• Provide financial reporting as requested for all Business Segment/Service lines(s), including but not limited to the following: actual-to-budget comparisons, statistics with variance analysis, financial variance analysis (actual & budget), monthly financial statement packages, which include but are not limited to financial statements, statistical reports and operations summary, cost of service, financial forecast, MCO reporting and analysis
• Develop and maintain Productivity Reports. Aid department managers in maintaining appropriate productivity levels
• Prepare materials for meetings with executive staff, the Board of Directors, Payers and other parties. Participate in those meetings as needed
• Participate in cross-functional team meetings to identify and resolve potential issues
• Work with the Finance Leadership team to review existing or new processes for opportunities to improve/increase revenue or efficiency opportunities for services. Assist with the evaluation of business results
• Approve purchase orders for respective segment/service line
• Assist with the annual audit by preparing requested schedules and addressing auditor inquiries
• Perform additional duties as assigned
• Driving and travel to community locations, various agencies, and other outreach destinations may be required
• Follow financial structure of service definition guidelines for services being provided
• Maintain trainings as required and requested
• Demonstrate knowledge of and comply with all agency policies and procedures
• Completes all other relevant responsibilities as assigned by the supervisor

Skills

• Bachelors: Accounting (Required)
• Finance Accounting Experience | 2-5 Years | Required

Qualifications

Must Haves

• Bachelors: Accounting (Required)
• Finance Accounting Experience | 2-5 Years | Required

Benefits

• Competitive and flexible total rewards package
• Eligible employees have access to a range of customizable benefits and perks
• Comprehensive health coverage
• Retirement plans
• Professional development support
• Remote / work from home position
• Room to spread your wings and grow because we believe in promoting from within and developing future leaders