[Hiring] Accounting/Financial Vendor Analyst @Horizon Blue Cross Blue Shield of New Jersey

Role Description

This position will assess incoming data from RA vendors and calculate financial penalties based on contractual performance. The analyst will also support contract negotiations through cost analysis, ROI estimation, and budget forecasting. This role will perform credit/reimbursement true up analyses at the finalization of projects.

What You'll Do

• Develop new approaches and improvements to validate, collect, and organize vendor data using Visual Basic for Applications (VBA).
• Provide complete and accurate information for vendor audits (ex. from Vendor Delegation Oversight).
• Respond to ad-hoc requests from business stakeholders.
• Serve as a subject matter expert on vendor analytics (cost, quantity, services, contract (terms, timelines, deliverables) and performance (SLA & Penalties).
• Review and validate all invoice submissions to ensure alignment with contractual agreements.
• Assess the quality, timeliness, and completion of incoming data from risk adjustment vendors and calculate financial penalties based on contractual performance.
• Support vendor contract negotiations through cost analysis, ROI estimation, and budget forecasting.
• Assist with contract negotiation, analyze contractual requirements, identify contract deficiencies and recommend changes.
• Provide detailed analysis for PO requests and/or addendums.
• Perform credit/reimbursement true up analyses at finalization of vendor projects.

Qualifications

• High School Diploma/GED required.
• Bachelor degree in Accounting, Finance, Mathematics, Statistics, Economics, Actuarial Science or other analytical field preferred or relevant experience in lieu of degree.
• Requires a minimum of 4 years’ experience in accounting.
• CPA preferred.

Requirements

• Knowledge of accounting entries/accruals/month-end close process.
• Experience working in Excel, Visual Basic for Application (VBA) programming is a plus.
• Experience with Enterprise Resource Planning (ERP) systems (Workday).
• Experience with Billing/Purchasing/Procurement.
• Medicare, Medicaid, or commercial risk adjustment experience is a plus.
• Experience programming in SAS/SQL a plus.

Benefits

• Comprehensive health benefits (Medical/Dental/Vision)
• Retirement Plans
• Generous PTO
• Incentive Plans
• Wellness Programs
• Paid Volunteer Time Off
• Tuition Reimbursement

Salary Range

$70,500 - $94,395