Analyst, Strategic Finance
Job Summary:
The Strategic Finance Analyst will play a pivotal role in understanding performance and driving profitability within the organization. This role will work closely and collaboratively with various departments, providing insights that support strategic business decisions and optimize financial performance. This is a critical role in ArchWell Health's maturation and is a fast-paced position that will enable high-quality personal development and growth.
Duties / Responsibilities:
- Business Performance Monitoring:
- Monitor and analyze key performance indicators (KPIs) and operational metrics to assess business performance and identify areas of improvement.
- Collaborate with operational teams to develop actionable insights and recommendations for performance enhancement and risk mitigation.
- Perform ad hoc analysis to identify drivers, solve business problems, continuously advance data-driven strategies and processes to improve financial results.
- Examine health plan arrangement performance by geography and contract to evaluate strategic opportunities
- Strategic Decision Support:
- Provide decision support to senior management and business leaders by synthesizing complex financial, operational, and clinical information into actionable insights and recommendations.
- Evaluate strategic contracts, initiatives, and partnerships through developing underwriting cases, monitoring performance, and evaluating program success
- Research healthcare delivery topics, analyze data, present results, and recommend solutions to address business challenges by applying critical-thinking skills and healthcare experience/expertise
- Cross-Functional Collaboration:
- Serve as a trusted advisor to business partners, offering financial expertise, insights, and support to facilitate informed decision-making and drive business results.
- Collaborate cross-functionally with finance, accounting, operations, medical economics, contracting, and other departments to provide transparency into results, develop improvement strategies, and enable financial and operational success
- Build strong and trusting relationships with market leaders to support and ensure awareness of issues and challenges, including payor contract performance.
- Data Transparency and Storytelling
- Structure analytical results in an organized, visual manner to tell a meaningful, actionable story
- Assist in the development and production of dashboards and reporting tools that increase enterprise transparency and foster accountability
Required Skills/Abilities:
- Advanced proficiency in Microsoft Excel with SQL and PowerBI experience highly preferred
- Financial and business acumen, problem-solving, and analytical skills with keen attention to detail and accuracy
- Proactive initiative in exploring and discovering opportunities to improve company performance through data analysis
- Excellent communication skills across verbal, written, and presentation applications with ability to communicate complex financial concepts effectively to non-financial stakeholders.
- Solid understanding of key performance metrics, financial statements, and drivers of a value-based care organization and/or health plan's success.
- Proven track record of working effectively in a fast-paced, dynamic environment and managing multiple priorities simultaneously.
- Strong interpersonal skills with the ability to collaborate cross-functionally and build positive working relationships at all levels of the organization.
Minimum Qualifications:
- Bachelor's degree in finance, Accounting, Economics, Applied Math, Statistics, or related field required.
- Minimum of 2-5 years relevant experience as an analyst with a health plan, ACO, RBE, or consulting firm focused on healthcare analytics, decision support, strategic finance, FP&A, or medical economics
- Proficiency in MS Excel, including formulas, PivotTables, graphing and other reporting and presentation features
- Experience in data mining, working with miscellaneous healthcare data sets with PowerBI and SQL experience strongly preferred
- Embodies and serves as a role model of ArchWell Health's Values:
- Always do the right thing
At ArchWell Health, we're creating a community of caring designed to help our members stay healthy and engaged. By focusing on a strong provider-patient relationship, routine wellness, and staying active, our members enjoy a higher level of care and better quality of life after the age of 60. Everything we do is for seniors. We believe seniors should be heard, listened to, and given ample time by their physicians to live well later in life.
Our value-based care model is designed to prevent illnesses while keeping members healthy and happy in every aspect of their life. We deliver best-in-class primary care at comfortable, accessible neighborhood centers where older adults can feel at home and become part of a vibrant, wellness-focused community. We're passionate about caring for older adults and united by the belief that caring has the power to change everything for our members.
ArchWell Health is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to their race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other protected classification.
