[Hiring] 340B Financial Analyst @DAP Health

Role Description

Under the direction of the Pharmacy Administration Director, the 340B Financial Analyst is responsible for analyzing the financial performance of the pharmacy, including its programs, grants, departments, and other operating segments. In this role, the 340B Financial Analyst supports the Pharmacy Administration Director in ensuring the ongoing and compliant operation of the organization’s pharmacy program. Through comprehensive financial analysis and reporting, this position provides the CFO and leadership team with actionable insights that inform strategic decision-making and support effective organizational dialogue. The scope of analysis includes both 340B and non-340B pharmacy operations.

• Analyze trends, costs, revenues, financial commitments & other obligations incurred to enhance the organization's financial modeling.
• Prepare a standard set of financial and analytical reports at month-end and year-end.
• Prepare financial analysis, including ratio analysis and other key indicators, along with the financial statement preparation.
• Submit and track required 340B data to ensure timely manufacturer payments, conduct periodic audits of 340B pricing, and manage dispense and replenishment audits for both contract and in-house pharmacies.
• Development and preparation of timely and accurate account analysis in support of the financial statements, including preparation of general journal entries and reconciliation of in-house pharmacy accounts.
• Maintain open lines of communication and make recommendations for improvement as deemed beneficial.
• Maintain ongoing operations of the Agency’s 340B Pharmacy Program by performing quarterly audits of OPAIS records, virtual replenishment, patient and provider eligibility.
• Maintain open lines of communications with the organization’s 340B Pharmacy Program Third Party Administrators, including updating prescriber eligibility, working unmatched/pending claims, and investigating unexpected changes in revenue/expense.
• Maintain account groupings, statistics, dashboards and reports in the organization’s accounting system, including researching and remediating anomalies or issues.
• Work as a member of a team and develop working knowledge of other team member roles and assist in communicating his/her own responsibilities to other team members.
• Perform quarterly internal audits of various programs on behalf of management.
• Partner with other financial analysts when required to produce required materials for budgeting and forecasting.
• Maintain all pharmacy-related dashboards and communication tools for the organization.
• Support the organization’s Controller with technical accounting projects.
• Perform other duties as assigned.

Qualifications

• Ability to make mathematical computations quickly and accurately.
• Operate standard office equipment which may include computers, calculators, adding machines, scanners, and duplicating machines.
• Read, understand and follow written and oral instructions.
• Use computerized accounting systems.
• Prepare data in proper format for data entry.
• Understand and maintain financial accounting files or other record systems.
• Recognize and correct computational errors.
• Accurately compare, post and transfer numbers.
• Understand transactions in terms of accounting codes and classifications.
• Prepare routine and special financial reports.
• Communicate effectively by phone or in person.
• Learn accounting systems.
• Establish and maintain effective working relationships with others.

Requirements

• Bachelor degree in Accounting/Finance.
• Proficient in working with Microsoft Outlook Suite with intermediate/advanced Excel experience preferred.
• Ability to complete 340B University within 60 days of hire.

Working Conditions/Physical Requirements

• This position is fully remote.
• Requires current and valid driver’s license and current personal auto insurance.
• Able to travel to DAP Health locations throughout San Diego and the Coachella Valley.
• Ability to lift 24 pounds.
• Operates in an office/home office setting at times and requires frequent times of sitting, standing, repetitive motion, and talking.