Financial Analyst (full-time / remote / hybrid) id-4707
FINANCIAL ANALYST
Prairie States Enterprises is seeking qualified candidates to fill our open full-time Financial Analyst position. This is a full-time position with a hybrid remote work arrangement with initial training at our Chicago, Illinois location. Options will be considered regarding a flexible work arrangement after the full training has been successfully completed.
Prairie States Enterprises, Inc. is a third party administrator, a benefits industry leader, and a trusted advisor to self-insured companies and their employees. We provide a complete range of medical benefit management services, all performed in-house, and to exacting standards of excellence.
JOB SUMMARY
The Finance Department is responsible for all accounting, banking, financial analysis, accounts receivable/customer billing, accounts payable, forecasting/budgeting and financial reporting for the company. The Financial Analyst is an integral part of this small and capable team.
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Under the direction of the CFO, the Financial Analyst will have exposure to and responsibility for many of the different finance functions. The analyst must be able to work independently in a highly entrepreneurial environment and possess a wide range of business knowledge and experience. Experience related specifically to the Third-Party Administration (TPA) industry a plus but not required.
SUMMARY OF ESSENTIAL JOB FUNCTIONS
? Develop and maintain financial models to support budgeting, forecasting, strategic initiatives and cash management decisions
? Provide insightful financial analysis and reporting to support key decision-making processes within the organization
? Manage and guide implementation of new processes and innovations to increase efficiency in the department/organization
? Conduct sensitivity analysis to assess the impact of different revenue/cost scenarios
? Manage corporate bank accounts including payments, receipts and reconciliations
? Key participant in the monthly customer billing process, ensuring that billing is completed in a timely manner and invoices are accurate
? Research and respond to customer questions relating to financial billing
? Assists with new customer set-up, changes and renewals in the customer billing system
? Posts cash and distribution of vendor payments in the customer billing system
? Manage vendor invoices and payment timing through the Accounts Payable system in QuickBooks
? Maintenance of the accuracy of the financial statements and general ledger, ensuring all entries are posted timely and accounts reconciled monthly.
? Collaborate with the Claims Analyst team to identify, reconcile and process customer refund payments
? Perform occasional company/customer tax reporting
? Maintain corporate and financial records for the company and a subsidiary
? Complete ad hoc financial and analytical projects for the CEO and CFO
POSITION REQUIREMENTS
? Education & Experience
? Bachelor?s Degree in Accounting or Business-related field preferred with 3+ years successful experience in Accounting/Billing/Accounts Payable or Financial Analyst role preferably in the Health Insurance arena (i.e. TPA, Health Insurance Carrier or Financial Services related company) with strong emphasis on billing and accounting functions
? Specific Technical Position Skills & Abilities
? Customer and billing software system experience; Eldorado/HealthPac system a plus
? QuickBooks or similar accounting software
? Microsoft Office suite of products; attention to detail; financial account reconciliation; manage multiple projects simultaneously; organizational and problem-solving skills; customer service orientation; strong written and verbal communication; project management with often quick deadlines; strong team environment.
COMPETENCIES
? Change Management ? Accepts, supports, and executes assignments in conditions of change which support attaining department goals.
? Effective Communication ? Demonstrates effective and responsive communications following the appropriate reporting structure.
? Accountability/Results ? Achieves and/or exceeds result based goals that were specific, measurable, and timely.
? Teamwork ? Demonstrates teamwork behaviors and makes positive contributions and which support the achievement of department goals.
? Customer Satisfaction ? Dedicated to the PSE service model and meets or exceeds PSE customer satisfaction expectations in providing exemplary service.
? Professional Growth ? Takes ownership of one?s professional growth within one?s current position and to advancement at PSE.
PHYSICAL DEMANDS / WORK ENVIRONMENT
This is a sedentary position which requires the individual to sit for long periods of time and the proper positioning/posturing for extensive viewing of computer screens and computer related work is required. It is encouraged that individuals intermix this sedentary time with periodic movement within one?s office space and/or to other office areas to counteract the sedentary nature of this position.
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
To the selected candidate, we offer:
Competitive compensation based on experience and a comprehensive benefit package provided to include Medical, Dental, Vision, Life, STD/LTD, FSA, Paid Time Off, personal days, 401k with match, wellness and exercise membership and more. Click HERE to view our full-time benefits flyer.
Opportunity for meaningful career growth within a results-driven company and our company culture is one of ambition, integrity, empowerment, teamwork and a passion for personal and company success.
If this sounds like you and you?re seeking career growth with an exciting new career path in overseeing the quality of health care for our clients and their members, please send your cover letter and resume following the instructions for this site.
