Analyst (Financial)

MillenniumSoft Inc; San Antonio (TX); On-site; USD 28,000 - 36,000; Full time

Job summary

MillenniumSoft Inc in San Antonio, TX is seeking an Analyst for a 12-month contract with standard 40-hour weeks. Responsibilities include performing financial analysis, contract admin fee processing, and collaborating with GPO partners to ensure accurate fee payments.

The role requires 3+ years in finance or related areas, strong analytical and communication skills, and proficiency with Excel, Access, SAP, BI and QlikView.

Qualifications

• 3+ years’ experience in Finance or related areas with analytics focus.
• Demonstrates financial discipline and analytical mindset.
• Strong understanding of commercial contract operations and admin fees.
• Advanced communication and technical skills with Excel, Access, SAP, BI and QlikView.
• Ability to partner with stakeholders to operationalize contracts efficiently.

Responsibilities

• Develop analyses of GPO and national contracts for admin fee processing.
• Prepare reporting and variance analysis to explain fee payments.
• Collaborate with GPO partners to drive process improvements and accuracy.
• Validate membership data and support audits with analytical data.
• Support KPI/SLA tracking and overall performance of admin fee activities.

Skills

Finance analytics

Analytical mindset

Customer focus

Communication

Problem solving

Tools

Excel

Access

SAP

BI

QlikView

Job description

Position: Analyst

Location: San Antonio, TX

Duration: 12 Months Contract

Working Hours

Start Time: 08:00 AM

End Time: 05:00 PM

Total Hours/week: 40.00

Pay range: $20-26/hr

Qualifications

• 3+ years’ experience in Finance/or related areas, commercial contract operations, GPO admin fees analytics and reporting.
• Demonstrates financial discipline and analytical mindset
• General understanding of commercial contract operations management
• Advanced communication and technical skills - Proficient in Excel, Access, SAP, BI and Qlikview
• Strong customer centric skills with the ability to adapt to customer needs
• Demonstrates working knowledge of concepts and principles of business metrics and analytical techniques/tools, including their application in effective GPO admin fee processing
• Ability to partner with HSVP’s, Channel Management and other internal and external stakeholders to operationalize GPO admin fee contracts with best in class efficiency and accuracy
• Proven ability to quickly establish credibility, trust, and support within all levels of organization
• Analytical problem solver with ability to evaluate key business drivers and develop clear solution recommendations

Ability to plan, organize, and manage a variable work load and meet schedules with accurate results

Key Competencies

• Customer Focus
• Drive for Results
• Business Acumen
• Process / Operational Effectiveness
• Organizational Agility
• Communication
• Technical / Analytical / Functional

Essential Responsibilities

• Accountable for the development and analysis of assigned GPO and other national account contracts for all aspects of the admin fee/rebate process including timely monthly/quarterly payments, rebates, pay for performance, or other incentives including respective member level reporting
• Develop variance analysis reporting to identify material fluctuations in sales at the customer and/or material level to understand drivers and ensure data is accurate and payment of fees is appropriate
• Prepare GPO member reporting to accompany fee payment analysis
• Collaborate with our GPO partners to initiate business process continuous improvement activities, conduct root cause analysis, determine error prevention solutions, and validate previous or current GPO payments
• Validate GPO membership files for accuracy, including roster demographics, GLN, Hospital IDs, and HINs as appropriate in collaboration with the GPO Membership team to ensure fees are paid appropriately
• Provide detailed analytical data in support of GPO audits
• Partner with contracting, membership, and other BD teams to address GPO admin fee related issues in order to mitigate any price/membership misalignment
• Participate in the design and implementation of a more efficient end to end GPO admin fee payment process for the GPO customer base in order to mitigate and control fee payment disputes
• Exercise appropriate financial controls to accurately project admin fee/rebate reserves and accruals with the businesses to minimize financial exposure
• Collaborate with our Business Analytics reporting function to ensure the reporting requirements are supported and meet the contractual obligations
• Provide subject matter expertise and drive the design and application of business process and system integration across BDX
• Complete training and remain current in tools and skills related to GPO admin fee processing, internal control procedures, and SOX compliance
• Maintain GPO and National admin fee related training material and updated desktop procedures in order ensure standard team practices that adhere to best practice efficiency and accuracy
• Consistently practice policies, procedures, and processes to harmonize all aspects of GPO admin fees, with appropriate flexibility to meet customer/market needs and dynamics
• Identify and understand key areas of change management with the ability to recognize and communicate the impact of change to GPO admin fee processing and assigned tasks
• Understand and contribute to team performance for KPI’s (key performance indicators), SLA’s (service level agreements), and IIG’s to hold the team accountable for organizational goals
• Perform business analytics and provide meaningful reporting by synthesizing information from multiple sources, and applying to a clearly stated goal
• Inspires confidence in both internal and external customers by continually presenting accurate and professionally represented finished work