Texas Childrens Hospital

Financial Analyst, Sr - TCHP

Texas Childrens Hospital$75K — $95K *
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of accounting or analytical experience required
  • Bachelor's degree in Accounting, Finance, or Business Administration required
  • Master's degree can substitute for two years of experience
  • CPA license can substitute for two years of experience
  • Experience with financial and regulatory reporting preferred

Responsibilities

  • Validate monthly source data for membership and payment amounts
  • Review discrepancies in monthly membership and payment amounts
  • Reconcile claims expenses to lag schedules
  • Research and correct financial discrepancies
  • Calculate Incurred But Not Reported (IBNR) using reconciled schedules
  • Reconcile accrual-based expenses to actual cash distribution
  • Prepare financial and regulatory reporting schedules

Benefits

  • Collaborative work environment in a fast-paced setting
  • Opportunities for professional growth and development
  • Engagement with senior executives and management in strategic discussions
  • Hands-on experience with financial analytics in a health plan context
Full Job Description
Job Description

We are searching for a Senior Financial Analyst - someone who works well in a fast-paced setting. In this position, you will assist in maintaining the financial and statistical records of the Health Plan, ensuring that executives, management and the board can continuously measure Health Plan performance relative to its goals and strategies.
Think you've got what it takes?

Job Duties & Responsibilities
• Ensure that monthly source data validates current membership, retroactive membership adjustments and payment amounts, according to contracted rates and membership distribution
• Review monthly membership and payment amounts to resolve errors and discrepancies, and identify and analyze issues or trends that need attention
• Reconcile claims expense to lag schedules
• Research and correct any discrepancies.
• Calculate IBNR in accordance with TCHP procedure using reconciled lag and payment schedules
• Reconcile accrual-based expense totals to actual cash distribution
• Ensure that payments are made in timely fashion
• Coordinate with Treasury to monitor available cash against expected cash requirements
• Analyze and resolve issues that create discrepancies among revenue membership and eligibility membership
• Reconcile revenue amounts reported for general ledger, financial reporting, decision support, and regulatory reporting
• Review reporting requirements to identify supporting schedules needed.
• Prepare schedules as assigned for monthly, quarterly and annual financial and regulatory reporting packets.
• Research and respond to inquiries from management and other departments.
• Assist with preparation of annual budget. Assists managers and directors in comparing budget to actual performance

Skills & Requirements
• 5 Years Accounting Or Analytical Work Experience Required
• Bachelor's degree in Accounting, Finance, Or Business Administration Required
• Master's degree may substitute for two years of the required experience
• A Certified Public Accountant (CPA) license issued by the Texas State of Public Accountancy, or equivalent state Board for out of state residents, may substitute for two years of the required experience.

About Texas Childrens Hospital

Texas Children's Hospital is a pediatric hospital located in Houston, Texas. The hospital was founded in 1954 and is affiliated with Baylor College of Medicine. Texas Children's Hospital has over 4,000 employees and is one of the largest pediatric hospitals in the United States. The hospital provides a wide range of services, including cancer care, cardiology, neurology, and orthopedics. Texas Children's Hospital has been recognized as one of the best children's hospitals in the United States by U.S. News & World Report.
Learn more about Texas Childrens Hospital
Size
14,000 employees
Industry
Founded
1950

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