Senior Financial Analyst, Revenue

Overview

Inovalon is a leading technology company that combines advanced cloud-based data analytics and data-driven intervention platforms to achieve meaningful insight and impact in clinical and quality outcomes, utilization, and financial performance across the healthcare landscape. Inovalon's unique achievement of value is delivered through the effective progression of Turning Data into Insight, and Insight into Action.

Inovalon has an exciting opportunity for a Financial Analyst & Contract Revenue Accountant to join our talented team!

The candidate will be responsible for producing consolidated business unit reporting, ad hoc financial models, support quarterly forecasts, and recording of contract revenue. The incumbent will analyze key business trends, actual versus plan variances, etc. The incumbent will serve as a liaison between the various stake- holding departments as part of the business leadership team. The incumbent will record contract related revenue.

Responsibilities

• Provide support to assist driving financial transparency across the business unit;
• Assess quality and integrity of data collected, analysis performed, and reports generated;
• Run simulations on various "what-if" scenarios using insight and critical thinking to evaluate and recommend solutions;
• Assist in developing the forecasting models;
• Document and/or building simulations and perform analyses;
• Articulate findings on a regular basis to management;
• Collaborate with business unit finance team members to classify, quantify, and/or forecast business metrics & risks by providing reliable, accurate, comparable and timely information;
• Design, develop and produce standard monthly, quarterly, and annual performance analytics;
• Prepare monthly data reporting packages that includes analysis of key business trends and actual versus plan variances, including comprehensive explanations of differences as well as the impact of business drivers to budget/forecast;
• Produce routine and ad hoc financial operational models to support senior management in decision making;
• Record revenue for large complex contracts;
• Maintain compliance with Inovalon's policies, procedures and mission statement.

Qualifications

• Bachelor's Degree in Business Administration, Finance or Accounting;
• 3-5+ years of experience in finance or accounting roles;
• Ability to partner with internal customers effectively;
• Expert Excel skills required (VBA experience is a plus);
• Prior Hyperion planning experience required;
• Strong analytical and problem-solving skills with strong attention to detail;
• Ability to create models that provide "what if" capabilities;
• Desire to consistently exceed expectations and take on more responsibility;
• Experience with U.S. GAAP Financials is desired; and
• Must be very detail oriented and self-motivated, as this position generally requires employees to work independently.

Inovalon provides equal employment opportunities (EEO) to all employees and applicants for employment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, or protected veteran status and will not be discriminated against on the basis of disability.