Financial Reporting Analyst - Hybrid NY

Posted 21 Days Ago
New York, NY
60K-97K Annually
Junior
Healthtech • Insurance
The Role
The Financial Reporting Analyst will handle the preparation, review, and delivery of financial statements according to Statutory Accounting Principles, ensuring timely submissions and comprehensive documentation. Responsibilities include GAAP to STAT reconciliation, connecting with other departments for data accuracy, and assisting with ad hoc analysis requests.
Summary Generated by Built In

The Financial Reporting Analyst is responsible for the preparation, review and delivery of Healthfirst external reporting of financial statements using Statutory Accounting Principles which includes the preparation and the review of the statutory journal entries. This position will also ensure that all reporting submissions are filed on time, meet the highest standards and include comprehensive documentation.

Hybrid Work Schedule

  • This consists of reporting to our 100 Church Street, NYC office 3 days per week

Duties & Responsibilities:

  • Prepare, review, and deliver Healthfirst reporting of financial statements using Statutory Accounting Principles.

  • Ensure all reporting submissions are filed on time, meet the highest standards and are supported by comprehensive documentation.

  • Perform the GAAP to STAT reconciliation process and Fluctuation comparative analysis including preparing journal entries required.

  • Assist in the mapping of the State Categories of Service (COS)/Data Warehouse/General Ledger Workday interfaces to align medical costs in financial reports.

  • Assist in responses to Regulatory inquiries.

  • Ability to interpret complex financial data and identify patterns and trends.

  • Connect with other departments to ensure accuracy and completeness of financial data.

  • Assist with ad hoc analysis requests from management, auditors and various departments

  • Automate the report generation and optimize the use of Workday to enhance financial reporting functions.

Minimum Qualifications

  • Must have a Bachelor’s degree in Accounting, Finance, Economics or business-related

  • Experience in financial reporting & analysis to include balance sheet and income statement analysis

  • Proficient in using advanced MS Excel functions to include pivots, sum-ifs, and VLOOKUP's

  • Familiarity in using SQL (creating queries, working with large datasets, & perform data analysis

  • Familiarity with any accounting system (Workday, Microsoft Dynamics AX or Globe Software Atlas)

  • Experience with creating and updating PowerPoint presentations

  • Knowledge in Statutory Accounting and Reporting principles

WE ARE AN EQUAL OPPORTUNITY EMPLOYER. Applicants and employees are considered for positions and are evaluated without regard to race, color, religion, gender, gender identity, sexual orientation, national origin, age, genetic information, military or veteran status, marital status, mental or physical disability or any other protected Federal, State/Province or Local status unrelated to the performance of the work involved.

If you have a disability under the Americans with Disability Act or a similar law and want a reasonable accommodation to assist with your job search or application for employment, please contact us by sending an email to [email protected] or calling 212-519-1798 . In your email please include a description of the accommodation you are requesting and a description of the position for which you are applying. Only reasonable accommodation requests related to applying for a position within Healthfirst Management Services will be reviewed at the e-mail address and phone number supplied. Thank you for considering a career with Healthfirst Management Services.

EEO Law Poster and Supplement

All hiring and recruitment at Healthfirst is transacted with a valid “@healthfirst.org” email address only or from a recruitment firm representing our Company. Any recruitment firm representing Healthfirst will readily provide you with the name and contact information of the recruiting professional representing the opportunity you are inquiring about. If you receive a communication from a sender whose domain is not @healthfirst.org, or not one of our recruitment partners, please be aware that those communications are not coming from or authorized by Healthfirst.  Healthfirst will never ask you for money during the recruitment or onboarding process.

Hiring Range*:

  • Greater New York City Area (NY, NJ, CT residents): $67,200 - $97,155

  • All Other Locations (within approved locations): $59,800 - $88,910

As a candidate for this position, your salary and related elements of compensation will be contingent upon your work experience, education, licenses and certifications, and any other factors Healthfirst deems pertinent to the hiring decision.

In addition to your salary, Healthfirst offers employees a full range of benefits such as, medical, dental and vision coverage, incentive and recognition programs, life insurance, and 401k contributions (all benefits are subject to eligibility requirements). Healthfirst believes in providing a competitive compensation and benefits package wherever its employees work and live.

*The hiring range is defined as the lowest and highest salaries that Healthfirst in “good faith” would pay to a new hire, or for a job promotion, or transfer into this role.

Top Skills

SQL
The Company
HQ: New York, NY
3,909 Employees
On-site Workplace
Year Founded: 1993

What We Do

Healthfirst is a provider-sponsored health insurance company that serves 1.8 million members in downstate New York. Healthfirst offers top-quality Medicaid, Medicare Advantage, Child Health Plus, and Managed Long Term Care plans. Healthfirst Leaf Qualified Health Plans and the Healthfirst Essential Plan are offered on NY State of Health, The Official Health Plan Marketplace. Healthfirst offers Healthfirst Pro and Pro Plus, Exclusive Provider Organization (EPO) plans for small-business owners and their employees, and Healthfirst Total, an EPO for individuals.

For more information on Healthfirst, visit www.healthfirst.org

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