Inovalon was founded in 1998 on the belief that technology, and data specifically, would empower the transformation of the entire healthcare ecosystem for the better, improving both outcomes and economics. At Inovalon, we believe that when our customers are successful in their missions, healthcare improves. Therefore, we focus on empowering them with data-driven solutions. And the momentum is building.
Together, as ONE Inovalon, we are a united force delivering solutions that address healthcare’s greatest needs. Through our mission-based culture of inclusion and innovation, our organization brings value not just to our customers, but to the millions of patients and members they serve.
Location: Hybrid - Bowie, Maryland HQ. This position is a hybrid role based out of our Bowie, MD office. You will be aligned to working at the Inovalon office location at least two days each week, between Monday and Wednesday.
Overview:
The Financial Analyst is responsible for producing ad hoc financial and operational models to support management in decision making. You will be a critical member of the team that will partner with Inovalon’s business leaders to provide insights.
Duties and Responsibilities:
• Contribute to monthly processes, including long range planning, monthly budget and forecasting;
• Provide FP&A support and financial analysis across functional organizations;
• Assist in developing the forecasting models for various departments;
• Prepare accurate, timely and monthly, quarterly, and annual variance reporting to departments;
• Document and/or building simulations and perform analyses;
• Run simulations on various “what-if” scenarios using insight and critical thinking to evaluate and recommend solutions; - Articulate findings on a regular basis to management;
• Provide FP&A ad hoc analyses as needed;
• Maintain compliance with Inovalon’s policies, procedures and mission statement;
• Adhere to all confidentiality and HIPAA requirements as outlined within Inovalon’s Operating Policies and Procedures in all ways and at all times with respect to any aspect of the data handled or services rendered in the undertaking of the position; and
• Fulfill those responsibilities and/or duties that may be reasonably provided by Inovalon for the purpose of achieving operational and financial success of the Company.
Job Requirements:
• Minimum of 2 years of experience in an analytic/data analysis;
• Public accounting experience preferred;
• Track record of supporting large departments (400+ employees);
• Ability to partner with internal customers effectively;
• Advanced Excel skills required;
• Strong analytical and problem-solving skills with strong attention to detail;
• Ability to create models that provide “what if” capabilities;
• Understanding of US GAAP, quarterly earnings process and public company audit; and
• Must be very detail oriented and self-motivated, as this position generally requires employees to work independently.
Education:
• Bachelor’s Degree in Business Administration, Finance or Accounting.
Physical Demands and Work Environment:
• Sedentary work (i.e. sitting for long periods of time);
• Exerting up to 10 pounds of force occasionally and/or negligible amount of force;
• Frequently or constantly to lift, carry push, pull or otherwise move objects and repetitive motions;
• Subject to inside environmental conditions; and
• Travel for this position will include less than 5% locally usually for training purposes.
Inovalon Offers a Competitive Salary and Benefits Package
In addition to the base compensation, this position may be eligible for performance-based incentives.
The actual base pay offered may vary depending on multiple factors including, but not limited to, job-related knowledge/skills, experience, business needs, geographical location, and internal equity. At Inovalon, it is not typical for an individual to be hired at or near the top end of the range for their role, and compensation decisions are dependent upon the facts and circumstances of each position and candidate.
Inovalon invests in associates to help them stay healthy, save for long-term financial goals, and manage the demands of work and personal commitments. That’s why Inovalon offers a valuable benefits package with a wide range of choices to meet associate needs, which may include health insurance, life insurance, company-paid disability, 401k, 18+ days of paid time off, and more.
Base Compensation Range
$63,100—$80,000 USD
If you don’t meet every qualification listed but are excited about our mission and the work described, we encourage you to apply. Inovalon is most interested in finding the best candidate for the job, and you may be just the right person for this or other roles.
By embracing inclusion, we enhance our work environment and drive business success. Inovalon strives to provide equal opportunities to the communities where we operate and to our clients and everyone whom we serve. We endeavor to create a culture of inclusion in which our associates feel empowered to bring their full, authentic selves to work and pursue their professional goals in an equitable setting. We understand that by fostering this type of culture, and welcoming different perspectives, we generate innovation and growth.
Inovalon is proud to be an equal opportunity workplace. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or veteran status. We also consider qualified applicants regardless of criminal histories, consistent with legal requirement.
To review the legal requirements, including all labor law posters, please visit this link
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What We Do
Inovalon is a leading provider of cloud-based platforms empowering data-driven healthcare.
