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Senior Financial Analyst

Highmark Health
PA, Working at Home - Pennsylvania, United States, United Statesfull_timeVerifiedPosted 9 Jan 2025
💰 $107,800/yr($57,700/yr$107,800/yr)

About the role

Company :

Highmark Inc.

Job Description : 

JOB SUMMARY


This job performs financial and business related research and analysis such as the preparation of forecasts and/or analysis of financial reports, records and trends; develops and maintains spreadsheets and databases to facilitate analysis and reporting; and is responsible for conducting and documenting financial analysis projects.

ESSENTIAL RESPONSIBILITIES

  • Communicate effectively.  Display effective communication skills.
  • Coordinate with other departments, locations, and divisions.
  • Communicate with other departments and/or outside agencies to resolve problems.
  • Communicate with Management at Highmark, subsidiaries, affiliates, other third parties, etc. as to project status and completion deadlines.
  • Advise management of expected outcomes, and recommending ways to improve the outcomes.
  • Conduct presentation to all levels of management in order to provide a summary of analysis regarding financial results and trends.
  • Communicate with Management as to project status and completion deadlines.
  • Perform financial and business related analysis.
  • Analyze, evaluate and interpret appropriate financial and statistical data.
  • Develop and/or document business policies, conducts special financial and business related studies and cooperate with other departments in the preparation of analyses.
  • Conduct financial and business related analyses and research including the preparation of forecasts and/or analysis of trends.
  • Analyze financial reports and records.
  • Provide reasoning for variances and make recommendations relative to the accounting of reserves, assets, and expenditures.
  • Advise management of expected outcomes, and recommend ways to improve the outcomes.
  • Independently pursue fundamental problem solving and documents the recommendations to management.
  • Facilitate analysis and reporting
  • Utilize computer to input, retrieve or display accounting information.
  • Develop and maintain spreadsheets and databases.
  • Utilize PC and/or mainframe based systems and software, compile and prepare reports, graphs and charts of data developed.
  • Serve as a project lead for special projects within the department.
  • Lead and document financial analysis projects including the preparation of ad hoc reports; to include but not limited to; gathering of data, analysis, documentation of findings, and calculation of results and generation of reports for distribution. 
  • Coordinate activities to ensure the project is advancing properly and to ensure the project is completed within the timeframes established. Included in this process will be communication with Management at Highmark, subsidiaries, affiliates, other third parties, etc. as to project status and completion deadlines.
  • Make recommendations based on findings when necessary.
  • Other duties as assigned or requested.

QUALIFICATIONS

EDUCATION

Required

  • Bachelor's Degree or relevant experience and/or education as determined by the company in lieu of bachelor's degree

Preferred

  • None

EXPERIENCE

Required

  • 5 - 10 years of relevant, progressive experience in Accounting and/or Finance
  • Experience with various computer applications to include MS Excel and/or MS Access

Preferred

  • Prior pharmacy experience with a pharmacy benefit manager (PBM), consultant, pharmacy provider, or another organization specializing in pharmacy

LICENSES or CERTIFICATIONS

Required

  • None

Preferred

  • None

SKILLS

  • Strong written and oral communication skills
  • Strong relationship building skills
  • Client focused with strong business acumen
  • Self-starter with the ability to work under pressure independently and as part of a team.
  • Ability to think strategically and act proactively to create strong trust and confidence with business units
  • Strong innovative problem-solving capabilities

Language (Other than English):

None

Travel Requirement:

0% - 25%

PHYSICAL, MENTAL DEMANDS and WORKING CONDITIONS

Position Type

Office-based

Teaches / trains others regularly

Occasionally

Travel regularly from the office to various work sites or from site-to-site

Rarely

Works primarily out-of-the office selling products/services (sales employees)

Never

Physical work site required

Yes

Lifting: up to 10 po

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Company

Highmark Health

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