FP&A Analyst I
Discover Better Health Careers with Rendr!
Who We Are
Rendr is the leading primary care focused, multi-specialty medical group dedicated to serving the Asian community in New York City. We strive to provide world-class, value-based health care with kindness at more than 100 clinical offices throughout Brooklyn, Manhattan, Queens, Staten Island, and Nassau County.
Why Join Rendr?
- Opportunities for professional growth and development.
- Competitive salary and benefits package. (Salary is based on previous experience and years of service.)
- Join a team that values employee, embraces diversity, and is committed to making a meaningful impact within our communities.
Benefits We Offer:
- Medical, Dental, and Vision Insurance
- 401k with Company Match
- Paid Time Off
- Paid Holidays/ Floating Holiday(s)
- Commuter Benefits
- Health Savings Account/ Flexible Spending Account/ Dependent Care Account
- Annual Performance Bonus
Job Overview:
As an FP&A Analyst, you will play a critical role in the financial planning and analysis function of the organization. Your primary responsibility will be to provide accurate and insightful financial analysis, forecasts, and reports to support key decision-making processes within the company. You will collaborate closely with various stakeholders, including senior management, department heads, and finance teams, to ensure effective financial planning and performance monitoring.
Essential Functions:
- Financial Planning: Collaborate with contracting team to develop annual budgets, long-term plans, and forecasts. Analyze historical data, various Value Based Programs’ trends, and operational metrics to provide accurate projections and recommendations for achieving financial targets.
- Financial Analysis: Conduct in-depth analysis of cost utilization trends and clinical quality opportunities in patient populations. Prepare and maintain VBP cash flows. Identify trends, patterns, and opportunities to help Med Ops improve and generate more value. Update, maintain, and review the PMPM capitated payment models. Analyze relevant metrics to provide accurate projections and recommendations for achieving financial targets. Prepare comprehensive reports and presentations for management, highlighting key insights and recommendations.
- Forecasting and Budgeting: Assist in the preparation of financial Value Based forecasts and budgets by collecting, analyzing, and interpreting relevant data received from payers. Work closely with contracting team to understand their needs and ensure alignment with overall VBP goals.
- Performance Monitoring: Monitor financial performance against budgeted targets and provide regular variance analysis. Identify and communicate potential risks and opportunities to senior management. Develop and maintain key performance indicators (KPIs) and dashboards to track and measure VBP financial performance.
- Financial Modeling: Develop and maintain complex financial models and analyses to support strategic initiatives in VBPs. Conduct sensitivity analysis and what-if scenarios to assess the financial impact of various contracting strategies.
- Ad-hoc Analysis: Conduct ad-hoc financial analysis as requested by management. Assist in evaluating the financial viability of potential VPBs. Provide support for financial due diligence and integration activities.
- Process Improvement: Continuously evaluate and improve financial planning and analysis processes. Identify opportunities to streamline workflows, enhance data accuracy, and improve the overall efficiency of financial reporting.
Qualifications:
- Bachelor's degree in Finance, Accounting, Economics, or a related field (Master's degree preferred).
- Proven experience (5+ years) in financial planning and analysis, budgeting, or related roles.
- Proven experience (3+ years) in the Health Care industry.
- Strong analytical and quantitative skills, with the ability to interpret complex financial data and provide meaningful insights.
- Advanced Excel skills and experience with financial software/systems (e.g., ERP, budgeting tools, data visualization tools).
- Excellent communication and presentation skills, with the ability to effectively communicate financial information to non-financial stakeholders.
- Ability to work independently, manage multiple priorities, and adapt to changing business needs.
- Strong attention to detail and accuracy, with the ability to meet tight deadlines.
Rendr is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
We look forward to reviewing your application and exploring the possibility of you joining our team!