Financial Analysis & Reporting Manager

Elevance Health • Boston, MA

10d • $112,134 - $177,054 • Hybrid

About The Position

Financial Analysis & Reporting Manager Location: This role requires associates to be in-office 1 - 2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered if candidates reside within a commuting distance from an office. Please note that per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless an accommodation is granted as required by law. A proud member of the Elevance Health family of companies, Carelon Behavioral Health uses our powerful combination of experience, expertise, dedication and compassion to see what's possible and what's better. Born out of one of the largest healthcare systems organization in the United States, our rich history gives us a unique and valuable perspective on how to solve the most pressing healthcare challenges. The Financial Analysis & Reporting Manager is responsible for leading the process of preparation and interpretation of complex financial analysis for lines of business. In this role, you will have end to end ownership/management of business processes and works across functions and business departments to drive holistic and consistent solutions.

Requirements

• Requires a BA/BS in Accounting or Finance and a minimum of 6 years budgeting, forecasting, and accounting financial reporting experience; or any combination of education and experience, which would provide an equivalent background.

Nice To Haves

• High level proficiency with Excel is preferred.
• Prior experience with Oracle Hyperion Financial Management application is preferred.
• Managed healthcare billing/payment experience is highly preferred (Capitation, Risk Corridor, Benefits/Expense ratio, etc.).
• MBA preferred.
• CPA, CMA, FSA and/or CFA preferred.
• Strong knowledge of internal business processes, data flow, controls, excellent presentation skills and our financial systems preferred.

Responsibilities

• Lead financial planning for the business unit, rigorously challenge assumptions, and clearly communicate variance drivers and underlying trends to management.
• Conducts and documents complex financial and business-related analyses and research fields, including financial statement, reconciliation, capitation/Premium Revenue, MLR and benefit expense performance, reserves and support cost of care initiative.
• Leads projects and focuses on business process improvement initiatives and in some departments will help to create innovative financial solutions to minimize manual or repetitive functions.
• Consults with and provides management with solutions and recommended actions.
• Provides guidance, peer review and training to less experienced team members.
• Provides detailed analysis and reporting for leadership, working closely with company internal and external auditors and clients.
• Works with business partners to identify and implement strategic projects that support company goals.
• Ensure timely and accurate completion of internal and external financial deliverables, while effectively supporting enterprise-wide and business unit functions.

Benefits

• Elevance Health offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements).
• We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long term disability benefits, 401(k) +match, stock purchase plan, life insurance, wellness programs and financial education resources, to name a few.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager