MILLENNIUMSOFT
Analyst (Financial)
MILLENNIUMSOFT, San Antonio, Texas, United States, 78208
Position : Analyst
Location : San Antonio, TX
Duration : 12 Months Contract
Start Time : 08:00 AM
End Time : 05:00 PM
Total Hours/week : 40.00
Qualifications
BA/BS required
3+ years’ experience in Finance/or related areas, commercial contract operations, GPO admin fees analytics and reporting.
Demonstrates financial discipline and analytical mindset
General understanding of commercial contract operations management
Advanced communication and technical skills – Proficient in Excel, Access, SAP, BI and Qlikview
Strong customer centric skills with the ability to adapt to customer needs
Demonstrates working knowledge of concepts and principles of business metrics and analytical techniques/tools, including their application in effective GPO admin fee processing
Ability to partner with HSVP’s, Channel Management and other internal and external stakeholders to operationalize GPO admin fee contracts with best in class efficiency and accuracy
Proven ability to quickly establish credibility, trust, and support within all levels of organization
Analytical problem solver with ability to evaluate key business drivers and develop clear solution recommendations
Ability to plan, organize, and manage a variable work load and meet schedules with accurate results
Strong data and technology management skills to include data acquisition, mining, analysis, data integrity management, metrics management, and action oriented reporting
Innovative thinker with ability to drive change and effectiveness through automation and process excellence
Ability to work well in a matrixed team environment, self-motivated and able to work independently while achieving expectations Key Competencies
Customer Focus
Drive for Results • Business Acumen • Process / Operational Effectiveness
Organizational Agility
Communication
Technical / Analytical / Functional P
Essential Responsibilities:
• Accountable for the development and analysis of assigned GPO and other national account contracts for all aspects of the admin fee/rebate process including timely monthly/quarterly payments, rebates, pay for performance, or other incentives including respective member level reporting
• Develop variance analysis reporting to identify material fluctuations in sales at the customer and/or material level to understand drivers and ensure data is accurate and payment of fees is appropriate
• Prepare GPO member reporting to accompany fee payment analysis
• Collaborate with our GPO partners to initiate business process continuous improvement activities, conduct root cause analysis, determine error prevention solutions, and validate previous or current GPO payments
• Validate GPO membership files for accuracy, including roster demographics, GLN, Hospital IDs, and HINs as appropriate in collaboration with the GPO Membership team to ensure fees are paid appropriately
• Provide detailed analytical data in support of GPO audits
• Partner with contracting, membership, and other BD teams to address GPO admin fee related issues in order to mitigate any price/membership misalignment
• Participate in the design and implementation of a more efficient end to end GPO admin fee payment process for the GPO customer base in order to mitigate and control fee payment disputes • Exercise appropriate financial controls to accurately project admin fee/rebate reserves and accruals with the businesses to minimize financial exposure
• Collaborate with our Business Analytics reporting function to ensure the reporting requirements are supported and meet the contractual obligations
• Provide subject matter expertise and drive the design and application of business process and system integration across BDX
• Complete training and remain current in tools and skills related to GPO admin fee processing, internal control procedures, and SOX compliance
• Maintain GPO and National admin fee related training material and updated desktop procedures in order ensure standard team practices that adhere to best practice efficiency and accuracy
• Consistently practice policies, procedures, and processes to harmonize all aspects of GPO admin fees, with appropriate flexibility to meet customer/market needs and dynamics
• Identify and understand key areas of change management with the ability to recognize and communicate the impact of change to GPO admin fee processing and assigned tasks
• Understand and contribute to team performance for KPI’s (key performance indicators), SLA’s (service level agreements), and IIG’s to hold the team accountable for organizational goals
• Perform business analytics and provide meaningful reporting by synthesizing information from multiple sources, and applying to a clearly stated goal
• Inspires confidence in both internal and external customers by continually presenting accurate and professionally represented finished work
Location : San Antonio, TX
Duration : 12 Months Contract
Start Time : 08:00 AM
End Time : 05:00 PM
Total Hours/week : 40.00
Qualifications
BA/BS required
3+ years’ experience in Finance/or related areas, commercial contract operations, GPO admin fees analytics and reporting.
Demonstrates financial discipline and analytical mindset
General understanding of commercial contract operations management
Advanced communication and technical skills – Proficient in Excel, Access, SAP, BI and Qlikview
Strong customer centric skills with the ability to adapt to customer needs
Demonstrates working knowledge of concepts and principles of business metrics and analytical techniques/tools, including their application in effective GPO admin fee processing
Ability to partner with HSVP’s, Channel Management and other internal and external stakeholders to operationalize GPO admin fee contracts with best in class efficiency and accuracy
Proven ability to quickly establish credibility, trust, and support within all levels of organization
Analytical problem solver with ability to evaluate key business drivers and develop clear solution recommendations
Ability to plan, organize, and manage a variable work load and meet schedules with accurate results
Strong data and technology management skills to include data acquisition, mining, analysis, data integrity management, metrics management, and action oriented reporting
Innovative thinker with ability to drive change and effectiveness through automation and process excellence
Ability to work well in a matrixed team environment, self-motivated and able to work independently while achieving expectations Key Competencies
Customer Focus
Drive for Results • Business Acumen • Process / Operational Effectiveness
Organizational Agility
Communication
Technical / Analytical / Functional P
Essential Responsibilities:
• Accountable for the development and analysis of assigned GPO and other national account contracts for all aspects of the admin fee/rebate process including timely monthly/quarterly payments, rebates, pay for performance, or other incentives including respective member level reporting
• Develop variance analysis reporting to identify material fluctuations in sales at the customer and/or material level to understand drivers and ensure data is accurate and payment of fees is appropriate
• Prepare GPO member reporting to accompany fee payment analysis
• Collaborate with our GPO partners to initiate business process continuous improvement activities, conduct root cause analysis, determine error prevention solutions, and validate previous or current GPO payments
• Validate GPO membership files for accuracy, including roster demographics, GLN, Hospital IDs, and HINs as appropriate in collaboration with the GPO Membership team to ensure fees are paid appropriately
• Provide detailed analytical data in support of GPO audits
• Partner with contracting, membership, and other BD teams to address GPO admin fee related issues in order to mitigate any price/membership misalignment
• Participate in the design and implementation of a more efficient end to end GPO admin fee payment process for the GPO customer base in order to mitigate and control fee payment disputes • Exercise appropriate financial controls to accurately project admin fee/rebate reserves and accruals with the businesses to minimize financial exposure
• Collaborate with our Business Analytics reporting function to ensure the reporting requirements are supported and meet the contractual obligations
• Provide subject matter expertise and drive the design and application of business process and system integration across BDX
• Complete training and remain current in tools and skills related to GPO admin fee processing, internal control procedures, and SOX compliance
• Maintain GPO and National admin fee related training material and updated desktop procedures in order ensure standard team practices that adhere to best practice efficiency and accuracy
• Consistently practice policies, procedures, and processes to harmonize all aspects of GPO admin fees, with appropriate flexibility to meet customer/market needs and dynamics
• Identify and understand key areas of change management with the ability to recognize and communicate the impact of change to GPO admin fee processing and assigned tasks
• Understand and contribute to team performance for KPI’s (key performance indicators), SLA’s (service level agreements), and IIG’s to hold the team accountable for organizational goals
• Perform business analytics and provide meaningful reporting by synthesizing information from multiple sources, and applying to a clearly stated goal
• Inspires confidence in both internal and external customers by continually presenting accurate and professionally represented finished work