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Lead Financial Operations Analyst (Benefits Underwriter)

Northwell Health

Northwell Health

Marketing & Communications, IT, Accounting & Finance, Operations
new hyde park, ny, usa
Posted on Dec 8, 2024

Job Description

Leads the daily operation that support financial analysis and operational goals of a specific field or business unit operation. This may include day-to-day general accounting and financial analysis activities. Partners with hospital and departmental leadership to assess opportunities for improvement. Conducts business initiative analysis, monitors status of initiatives and projects, and makes recommendations for improvements

Job Responsibility

•Monitors day-to-day finance operations, including but not limited to, financial indicators (e.g. accounts receivables, account coding and charging, cash flow, budgets, GL, P&L, statistical data and reserves) in support of a specific field or business unit operation.
•Evaluates results on monthly, quarterly and/or annual basis.
•Researches, tracks and reports on statistical variances.
•Reports discrepancies to Supervisor/Manager.
•Designs, develops and modifies systems and procedures to enhance departmental processing as needed.
•Responsible for ensuring maintenance of proprietary databases including data integrity, timeliness of data input and accuracy of data.
•Oversees and conducts internal audits to ensure compliance to departmental policies and procedures, and state and federal regulations.
•Maintains compliance with various state, federal, and industry standards and regulations.
•Operates under limited guidance and work assignments involve moderately complex to substantially complex issues where the analysis of situations or data requires indepth evaluation of variable factors.
•Uses knowledge and skills to contribute to the development of functional objectives and principles to achieve goals in innovative ways.
•Provides guidance and recommend courses of action to each respective department’s leadership on complex financial issues and messaging them in a thoughtful and consistent way.
•Mentor team members and teach them financial concepts as the subject matter expert.
•Assists team members in determining methods and procedures for new tasks
•Leads complex projects/activities on regular basis
•Performs related duties as required. All responsibilities noted here are considered essential functions of the job under the Americans with Disabilities Act. Duties not mentioned here, but considered related are not essential functions.

Job Qualification

  • Bachelor’s Degree required, or equivalent combination of education and related.
  • 5-7 years of relevant experience, required.
  • Prior Health Benefits Underwriting experience, highly preferred.

*Additional Salary Detail
The salary range and/or hourly rate listed is a good faith determination of potential base compensation that may be offered to a successful applicant for this position at the time of this job advertisement and may be modified in the future.When determining a team member’s base salary and/or rate, several factors may be considered as applicable (e.g., location, specialty, service line, years of relevant experience, education, credentials, negotiated contracts, budget and internal equity).