Financial System Analyst

HMSA; Honolulu (HI); Hybrid; USD 59,000 - 116,000; Full time

Job summary

HMSA on Oahu seeks a Senior Financial System Analyst to perform wide-ranging analyses of financial and system information, lead system testing during upgrades, and coordinate reconciliation tasks. The role supports ERA/EDI transactions and responds to data discrepancies while guiding junior staff and coordinating with business and technical teams in an Agile environment.

The ideal candidate has a Bachelor's degree with 2+ years of related experience, strong communication skills, and solid

Qualifications

• Bachelor's degree and two years of related work experience; or an equivalent combination of education and related work experience.
• Excellent verbal and written communication skills.
• Basic to intermediate level knowledge of Microsoft Office applications, including Word, Excel, Outlook, and PowerPoint.

Responsibilities

• Participate in projects as a test lead role to support corporate initiatives and provide system test support.
• Lead or facilitate communication with key stakeholders to implement requirements.
• Perform balance sheet account reconciliation and analyze financial data for reporting or audits.
• Prepare and review standard journals and other payment-related activities; document workflows and policies.

Skills

Communication skills

Microsoft Office

Excel

PowerPoint

Education

Bachelor's degree

2 years related work experience

Tools

Microsoft Office

Excel

PowerPoint

Job description

Job Summary

Hybrid Work Environment - Must reside on Oahu

Employment Type

Full-time

Exempt or Non-Exempt

Non-exempt [Non-ex.]

Pay Range

Pay Range: $59,000 - $116,000, position is eligible for an incentive bonus

Note: Individuals typically begin between the minimum to middle of the pay range

Perform wide-range of complex analysis of financial and system information for the Association to support all system upgrades and conversions as team lead role for the Disbursement Unit. Identifies procedural and processing issues, develops solutions and tests recommendations to assist and support management in making decision for various products, programs, and/or contracts. Prepare, coordinate and analyze account reconciliation transactions. Support corporate initiatives and participate in various projects and make informed decisions to support corporate goals.

Minimum Qualifications

• Bachelor's degree and two years of related work experience; or an equivalent combination of education and related work experience.
• Excellent verbal and written communication skills.
• Basic to intermediate level knowledge of Microsoft Office applications. Including but not limited to Word, Excel, Outlook, and Power Point.

Duties And Responsibilities

• Participate in projects as a test lead role to support corporate initiatives and provide system test support. The Senior Financial System Analyst communicates business need and requirements relevant to the success of system or product implementation to include communication on issues and project status to management. Ability to trouble-shoot system problems and collect relevant information to solve problem or determine best solution with minimal risk and impact to our customers. Provides guidance and recommendations on resolving complex issues with coordination from other business leads and management. Also provides guidance to junior staff on more complex issues. Serves as a key liaison between business and technical teams by supporting Agile processes, facilitating sprint planning, backlog refinement, and daily stand-up meetings.
• Validate HIPAA Electronic Data Interchange (EDI) transactions related to Electronic Remittance Advice (ERA); and research and resolve transaction errors, transaction balancing issues, and data discrepancies. Balances system-generated claims payment by investigating and resolving payment variances, out-of-balance conditions, and other payment-related discrepancies.
• Performs medium to high complexity balance sheet account reconciliation on a monthly basis including but not limited to benefit expense account balance to underwriting, cash, receivable and payable account reconciliation. Prepares reconciliation and documentation for internal and external audit review. Balance claims system payments and identifies and resolve discrepancies with minimal supervision.
• Prepares and reviews Standard Journals, Reimbursements Journal, and Journal Entries for input to the General Ledger. Perform wire transactions and other payment-related activities. Document workflows and policy and procedures related to the payment activities. Performs analysis of financial data and assists management in compiling information for financial reporting or audits.
• Review compliance guidelines including but not limited to HIPAA Core Rules, Washington Publishing Company Updates, BCBS Association updates. Research and analyze other Federal and State regulatory requirement. Leads or facilitates communication with key stakeholders to implement requirements.
• Performs all other miscellaneous responsibilities and duties as assigned or directed