Remote Vendor Financial Analytics & Negotiation Specialist

Horizon Blue Cross Blue Shield; Newark (NJ); Remote; USD 71,000 - 94,000; Full time

Job summary

Horizon Blue Cross Blue Shield of New Jersey is seeking an Accounting/Financial Vendor Analyst to assess data from risk-adjustment vendors, calculate penalties based on contractual performance, and support cost analysis, ROI estimation, and budget forecasting in a dynamic health-care environment.

The role involves reviewing invoices for contract alignment, performing true-ups at project finalization, and partnering with stakeholders to inform vendor negotiations while ensuring accurate reporting

Qualifications

• High School Diploma or GED required.
• Bachelor degree in Accounting, Finance, Mathematics, Statistics, Economics, Actuarial Science or other analytical field preferred or relevant experience in lieu of degree.
• CPA preferred.

Responsibilities

• Assess incoming data from risk-adjustment vendors and calculate financial penalties based on contractual performance.
• Support vendor contract negotiations through cost analysis, ROI estimation, and budget forecasting.
• Review and validate all invoice submissions to ensure alignment with contracts.
• Perform credit/reimbursement true-ups at finalization of vendor projects.

Skills

Excel

VBA programming

Billing/Procurement experience

SAS/SQL

Education

Bachelor degree in Accounting, Finance, Mathematics, Statistics, Economics, Actuarial Science or other analytical field

High School Diploma/GED

Tools

Workday

Job description

Horizon Blue Cross Blue Shield of New Jersey is seeking an Accounting/Financial Vendor Analyst to assess data from risk-adjustment vendors, calculate penalties based on contractual performance, and support cost analysis, ROI estimation, and budget forecasting in a dynamic health-care environment.

The role involves reviewing invoices for contract alignment, performing true-ups at project finalization, and partnering with stakeholders to inform vendor negotiations while ensuring accurate reporting