Exemption Status:United States of America (Non-Exempt)
$50,668 - $66,497 - $82,326
“Pay scale information is not necessarily reflective of actual compensation that may be earned, nor a promise of any specific pay for any selected candidate or employee, which is always dependent on actual experience, education, qualifications, and other factors. A full review of our comprehensive pay and benefits will be discussed at the offer stage with the selected candidate.”
This position is not eligible for Sponsorship.
MedImpact Healthcare Systems, Inc. is looking for extraordinary people to join our team!
Why join MedImpact? Because our success is dependent on you; innovative professionals with top notch skills who thrive on opportunity, high performance, and teamwork. We look for individuals who want to work on a team that cares about making a difference in the value of healthcare.
At MedImpact, we deliver leading edge pharmaceutical and technology related solutions that dramatically improve the value of health care. We provide superior outcomes to those we serve through innovative products, systems, and services that provide transparency and promote choice in decision making. Our vision is to set the standard in providing solutions that optimize satisfaction, service, cost, and quality in the healthcare industry. We are the premier Pharmacy Benefits Management solution!
Job Description
Position Summary
The Finance Specialist IIIis tasked with overseeing the treasury of client plans within the designated book of business. This role involves proactive and strategic reasoning to ensure financial objectives through effective client funding oversight. The Finance Specialist independently manages funding aspects with minimal supervision, consistently delivering results that surpass expectations. Additionally, this role ensures client satisfaction and adherence to plan contracts.
Essential Duties and Responsibilities include the following. Other duties may be assigned.
- Conduct monthly reconciliation of client accounts and manage self insured clients’ financial data, including but not limited to monthly contributions, claim payments, other monthly service plan expenditures and cash position.
- Provide specialized knowledge to internal staff and serve as a resource for team members in other departments.
- Utilizes internal resources to successfully perform assigned duties within the Client Finance group.
- Provides day-to-day assistance in developing and administering policies, business processes and quality standards, and developing and maintaining cross-functional and interdepartmental relationships.
- Compiles and analyzes financial information.
- Provide immediate assistance to clients regarding YTD contributions, claims disbursements and other finance inquires.
- Perform daily banking tasks.
- Document policy and procedures and assist with creating work instructions.
- Prepare funding report for TPA clients.
- Reviews, investigates, and corrects errors and inconsistencies in financial entries, documents, and reports.
- Assists with accounts receivable and payable and other special projects, as necessary.
- May assist in monthly closings, reconciling AP subledger in one system to the GL or trial balance in another system.
- Suggests and creates processes and procedures to make the group more streamlined and efficient. Develops and recommends enhancements to accounting methods and procedures.
Supervisory Responsibilities
This job has no supervisory responsibilities.
Client Responsibilities
This is an internal client facing position that requires customer service skills and interpersonal communication skills (listening/verbal/written). One must be able to; Respond promptly to client needs; solicit client feedback to improve service; Respond to requests for service and assistance from clients; Meet commitments to clients; Manage difficult or emotional client situations. This position has limited external client contact.
Qualifications
To excel in this role, an individual must effectively perform each essential duty. The requirements outlined below represent the knowledge, skill, and/or ability needed. Reasonable accommodations may be made to enable individuals with disabilities to fulfill the essential functions.
Education and/or Experience
Associates degree in a related field (Bachelor’s degree preferable) or equivalent combination of education and experience. Requires 6+ years’ related experience. Health and welfare or insurance experience a plus
Computer Skills
To perform this job successfully, an individual should have knowledge of accounting software ( Oracle ERP or similar), QuickBooks Accounting software and Microsoft Office Suite software, particularly Excel.
Other Skills and Abilities
- Ability to prioritize tasks and manage deadlines.
- Capability to handle complex tasks with numerous concrete and abstract variables.
- Clear, concise, and effective communication skills.
- Aptitude for problem-solving and generating potential solutions.
- Ability to stay informed about industry information, technology, and trends.
- Must possess exemplary reconciliation skills.
- Highly organized.
Competencies:
To succeed in this position, an individual should demonstrate the following competencies:
- Interpersonal Effectiveness - Demonstrates good people skills by showing a commitment to teamwork, resolving conflicts effectively and with respect for others’ viewpoints, respecting differences and building strong relationships and networks
- Quality Focus - Demonstrates a personal investment in ensuring the quality of products and/or services, going the extra mile to meet or exceed standards.
- Quantitative Skills - Competently uses quantitative abilities appropriate for the job, such as basic math skills, interpretation of spreadsheets, or use of charts, graphs and statistics.
- Reliability - Maintains good record of attendance and punctuality, conscientiously follows through on actions without excessive need for supervision, fulfills commitments.
- Time Management - Plans effectively to meet target deadlines, foresees delays and responds proactively, sets realistic timetables, utilizes time efficiently, and completes projects on time.
- Responsiveness - Responds promptly, appropriately and effectively to requests, feedback and new developments, making sure that all relevant concerns and requirements are understood and addressed.
- Business Knowledge - Demonstrates clear understanding of the nature of the business -- its products and services, goals, market, competitors and challenges.
- Analytical - Synthesizes complex or diverse information; Collects and researches data; Uses intuition and experience to complement data; Designs workflows and procedures.
Physical Demands:
While performing the duties of this job, the employee is required to sit and communicate verbally. Occasionally, standing, walking, and reaching with hands and arms may be necessary. The employee may need to lift and/or move up to 10 pounds. Visual acuity, including close and distance vision, is required.
Work Environment:
This role operates in an office setting with moderate noise levels (e.g., business office with computers and printers, light traffic).
Work Location:
This position requires on-site work in Tempe, Arizona to adequately support internal clients, facilitate face-to-face interactions and coordination with colleagues, clients, or vendors, and enable quick and effective decision-making through collaboration with stakeholders. Remote work is not an option for these purposes.
Working Hours:
This exempt-level position may require working beyond traditional hours to fulfill job responsibilities and meet work deliverable deadlines. Flexibility to work nights, weekends, or holidays as necessary is essential. Work hours may be adjusted to meet business needs. Typical core business hours are Monday through Friday from 8:00 a.m. to 5:00 p.m, Arizona local time.
Travel:
This position does not involve travel.
The Perks:
- Medical / Dental / Vision / Wellness Programs
- Paid Time Off / Company Paid Holidays
- Incentive Compensation
- 401K with Company match
- Life and Disability Insurance
- Tuition Reimbursement
- Employee Referral Bonus
To explore all that MedImpact has to offer, and the greatness you can bring to our teams, please submit your resume to www.medimpact.com/careers
MedImpact, is a privately-held pharmacy benefit manager (PBM) headquartered in San Diego,
California. Our solutions and services positively influence healthcare outcomes and expenditures, improving the position of our clients in the market. MedImpact offers high-value solutions to payers, providers and consumers of healthcare in the U.S. and foreign markets.
Equal Opportunity Employer, Male/Female/Disabilities/VeteransOSHA/ADA:
To perform this job successfully, the successful candidate must be able to perform each essential duty satisfactorily. The requirements listed are representative of the knowledge, skill, and/or ability required.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Disclaimer:
The above
statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified.
What We Do
MedImpact, an independent, trend-focused pharmacy benefit manager (PBM), is the nation’s largest privately held PBM, serving health plans, self-funded employers and government entities. Our business model is unique. We focus on effectively managing client pharmacy benefits to promote Lower Cost and Better Care through One Source. Our model aligns us with our clients. We help promote prescribing of lower-net-cost, medically appropriate drugs with fulfillment at the most appropriate participating pharmacy providing competitive pricing, good value and high-quality service.
