Company Introduction
Availity is one of the leading health information networks in the United States, processing more than 4 billion transactions annually and connecting more than two million healthcare providers and over two thousand technology partners to health plans nationwide. Our teams of technology, business, and customer service professionals in Bangalore, India, are working together to transform healthcare delivery in the United States through innovation and collaboration. Our technologists help develop cutting-edge revenue cycle solutions that help hospitals, health systems, and physicians maximize payments and optimize their workflows.
Availity is a diverse group of people whose talents, curiosity and passion steer the company to create innovative solutions for the US Healthcare industry. If you are a driven, creative and collaborative individual, with exceptional technology skills to drive innovation, we want to hear from you.
Job Description
Manages, prepares, administers, and directs the control of the budget. Manages the activities of the financial analyst staff. Reviews and approves recommendations for financial planning and control, providing relevant fiscal information to executive management team. Monitors division and department adherence to approved budget. Selects, develops, and evaluates personnel to ensure the efficient operation of the function.
Roles & Responsibilities
- Preparing monthly analysis on key financial statement accounts (both income statement and balance sheet), in the form of dashboard for in agreement with management.
- Participating on various finance led process improvement activities and other special projects as agreed with US FP&A manager like any Ad-hoc business performance reporting.
- Review controls implemented on a quarterly basis working with all stakeholders and update in case of any changes required.
- Monitor KPIs and identify the cause of any unexpected variances
- Review and analyse P&L's and general ledger account balances to ensure accuracy of financial statements and compliance with GAAP and SOX
- Preparation and providing guidance to new accounting treatment as required by Finance team.
- Co-ordinate and perform annual budget interacting with various stake holders of the business entity/department wise.
- Provide Balance Sheet Reconciliations to the top management.
- Provide flux analysis of Income statement and provide the reasons for the variance working with various stake holders and Finance team.
- Work closely with India and US Finance teams to share best practices and identify areas for simplification.
- Support monthly close, analyse monthly results, provide variance explanations.
- Ensure accuracy of monthly revenue and expenses ultimately affecting EBIDTA
- Implement a business intelligence tool and dashboard reports, work as a bridge between Finance team and various stake holders in the business by providing the reports as required to take key decisions.
- Work on developing monthly matrix/KPI department wise in the form of financial models and analyse them to support strategic initiatives which supports management team and the Heads of Department with data-driven analysis.
Qualification
- Candidate should hold the basic Bachelor's Degree in Finance, Accounting and Masters in Business administration from top business schools, with 5+ years of experience in relevant role; or
- Candidate should hold the basic Bachelor's Degree in Finance, Accounting and Chartered Accountant, with 3+ years of experience in relevant role; or
- Candidate should hold the basic Bachelor's degree in Finance, accounting and Chartered Accountant with 2+ years in Big Four and 1+ year experience in relevant role in the industry
- Candidate should have excellent skills in MicroSoft Excel, Power Point
- Candidate should have excellent communication skills
- Candidate should have worked with overseas team (specifically US)
- Candidate having experience in US GAAP would be added advantage
Eligibility