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Finance Manager

at Prime Therapeutics in Springfield, Illinois, United States

Job Description

Our work matters. We help people get the medicine they need to feel better and live well. We do not lose sight of that. It fuels our passion and drives every decision we make.

Job Posting Title

Finance Manager

Job Description Summary

Manages and coordinates the company’s financial function across sub-functions such as accounting, cost management, budgeting, finance, audit, credit, collections, and tax to meet company’s business requirements. Works within corporate strategies and policy frameworks, designs, proposes and implements financial strategies, guidelines and procedures within broad principles and policies set by the organization to meet finance requirements supporting short and long-term business needs. Oversees maintenance of the organization’s general ledger and related accounting practices. Oversees all company-wide budgeting, financial planning, control, and reporting policies and practices. Provides economic analyses, studies, and counsel on all matters of potentially significant financial impact to the company, including economic/competitive trends, pricing, cash flow, product line evaluation, and capital additions.

Job Description

+ Analyzes and reviews monthly results for risk against annual plan and forecast projections and provide variance explanations/recommendations.

+ Provides financial support in the completion of monthly Corporate reports.

+ Prepares monthly financial summary on all risk clients, reporting the highlights on key financial indicators.

+ Coordinates with Medical Economics, Operations, and Network to analyze utilization and unit cost trends, identifying areas of potential savings/efficiencies.

+ Prepares in depth performance analysis on risk contracts, as assigned.

+ Manages financial terms and coordinate all related activities such as rate openers and settlement of contingencies under each contract.

+ Provides weekly status updates on current trends, initiatives, issues, and resolutions.

+ Provides monthly financial analysis on medical cost reduction initiatives, coordinating with Operations on new initiatives or changes to existing ones.

+ Provides financial support to Medical Economics for quarterly operations reporting.

+ Prepares annual business plan and forecasts on medical costs for risk contracts.

+ Summarizes P&L performance, outlining key assumptions.

+ Other duties as assigned.

Responsibilities

+ Proficiency in all Microsoft Office products.

+ Advanced knowledge of Excel.

+ Strong presentation skills.

+ Expresses ideas, recommendations and solutions clearly, logically and concisely.

+ Prioritizes tasks effectively and has ability to work under tight deadlines in a highly dynamic environment.

+ Strong analytic skills.

+ Ability to develop and communicate analytic results to support business questions.

+ Demonstrated ability to work well with a broad range of internal customers.

+ Experience with managed care.

+ Database concepts desirable.

Work Experience

Work Experience – Required:

Finance

Work Experience – Preferred:

Education

Education – Required:

Bachelors – Finance

Education – Preferred:

Masters

Certifications

Certifications – Required:

Certifications – Preferred:

CPA – Certified Public Accountant – Enterprise – Enterprise

Potential pay for this position ranges from $72,130.00 – $115,410.00 based on experience and skills. Pay range may vary by 8% depending on applicant location.

To review our Benefits, Incentives and Additional Compensation, visit our Benefits Page (https://www.primetherapeutics.com/careers/benefits/) and click on the “Benefits at a glance” button for more detail.

Prime Therapeutics LLC is an Equal Opportunity Employer. We encourage diverse candidates to apply and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy), sexual orientation, gender identity or expression, genetic information, marital status, family status, national origin, age, disability, veteran status, or any other legally protected class under federal, state, or local law.

Prime Therapeutics’ fast-paced and dynamic work environment is ideal for proactively addressing the constant changes in today’s health care industry. Our employees are involved, empowered, and rewarded for their achievements. We value new ideas and work collaboratively to provide the highest quality of care and service to our members.

If you are looking to advance your career within a growing, team-oriented, award-winning company, apply to Prime Therapeutics today and start making a difference in people’s lives.

Prime Therapeutics LLC is an Equal Opportunity Employer. We encourage diverse candidates to apply and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status. ? If you are an applicant with a disability and need a reasonable accommodation for any part of the employment process, please contact Human Resources at 1.866.469.1257 or email Careers@primetherapeutics.com.

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Job Posting: JC240368087

Posted On: May 17, 2023

Updated On: Jun 12, 2023

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