Financial Analyst III
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Job Location:
Yearly Salary:
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Qlarant is a not-for-profit corporation that partners with public and private sectors to create high quality safe and efficient delivery of health care and human services programs. We have multiple lines of business including population health utilization review managed care organization quality review and quality assurance for programs serving individuals with developmental disabilities. Qlarant is also a national leader in fighting fraud waste and abuse for large organizations across the addition our Foundation provides grant opportunities to those with programs for under-served communities.
Best People Best Solutions Best Results
Job Summary:
Qlarant is seeking a seasoned Financial Analyst III to join our team and play a pivotal role in driving financial soundness and strategic decision-making within the organization. This full-time regular/at-will position is based in Maryland and offers a salary range of $90000 to $125000 annually with no travel required. As a Financial Analyst III you will leverage your advanced financial experience to facilitate comprehensive financial analysis including budgeting forecasting and variance analysis. You will work closely with cross-functional teams to provide experienced-based recommendations to optimize financial performance and mitigate potential risks. Your role will involve gathering detailed financial reports and presentations for management ensuring accuracy and compliance with regulatory requirements. You will own key financial analysis responsibilities from costing out company resources to formulating data specific to the customer as well as writing business narratives to maximize contract wins. You will prepare cost proposal documents for RFQs RFPs and modifications including FTE analysis other direct costs contract funding and business narratives. Additionally you will work with subcontractors to determine their staffing levels negotiate costs and refine their proposals for final submission. Proactive communication with the customer is essential to ensure all financial requirements are fully met when cost proposals are submitted. You will drive the correction of significant over or under-spending trends through recommended courses of action by evaluating financial performance identifying trends and driving improvements. Your role will also involve communicating with internal and external teams to find innovative solutions that protect the companys interests by advising senior management on financial plans acquisition activity new business planning and operating forecasts. You will provide insight and formulate recommendations for financial reporting systems internal controls and policies and procedures to enhance financial management capabilities. Furthermore you will formulate recommendations for policies procedures controls or actions by directing the preparation of studies reports and analyses in various financial areas. Lastly you will facilitate training sessions and provide manuals to improve staff understanding of the budgeting and planning process by guiding corporate training activities to train non-financial staff on contract matters.
Essential Duties and Responsibilities:
- Owns responsibility for key financial analysis responsibilities from costing out company resources to formulating data specific to the customer as well as writing business narratives when required to maximize contract wins.
- Prepares cost proposal documents for RFQs RFPs and modifications including FTE analysis other direct costs and contract funding and business narratives.
- Works with subcontractors to determine their levels of staffing negotiate their costs and refine their proposals for final submission.
- Communicates proactively with the customer to ensure all financial requirements are fully met when cost proposals are submitted.
- Drives the correction of significant over or under-spending trends through recommended courses of action by evaluating financial performance identifying trends and driving improvements.
- Communicates with internal and external teams to find innovative solutions that protect the companys interests by advising senior management on financial plans acquisition activity new business planning and operating forecasts.
- Provides insight and formulates recommendations for financial reporting systems internal controls and policies and procedures to enhance financial management capabilities.
- Formulates recommendations for policies procedures controls or actions by directing the preparation of studies reports and analyses in various financial areas.
- Facilitates training sessions and provides manuals to improve staff understanding of the budgeting and planning process by guiding corporate training activities to train non-financial staff on contract matters.
Required Skills
To perform the job successfully an individual should demonstrate the following competencies:
- Adept at problem-solving and decision-making skills
- Adept at collaboration and teamwork
- Adept at growth mindset (agility and developing yourself and others) skills
- Adept at execution and delivery (planning prioritizing and managing projects)
- Strong proficiency in financial modeling and analysis
- Excellent communication and presentation skills
- Proficient in the use of financial software and Microsoft Office Suite
- Ability to interpret and apply accounting principles and regulations
- Strong attention to detail and accuracy in financial reporting
- Ability to work independently and manage multiple projects simultaneously
Required Experience:
IC
Key Skills
- Cognos
- Forecasting
- Hyperion
- Microsoft Access
- Pivot tables
- Accounting
- Analysis Skills
- Microsoft Excel
- Financial Analysis
- Financial Modeling
- Budgeting
- Financial Planning
About Company
Welcome to Qlarant, bringing together the powerful resources of Delmarva Foundation, Health Integrity, Quality Health Strategies and Quality Health Foundation into a single source — to provide you with the Best People. Best Solutions. Best Results.®
