Accounting/Financial Vendor Analyst

Job not on LinkedIn

🔥 6 hours ago

🏖️ New Jersey – Remote

🏖️ New Jersey – Remote

💵 $70.5k - $94.4k / year

⏰ Full Time

🟡 Mid-level

🟠 Senior

💸 Financial Planning and Analysis (FP&A)

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NJM Insurance Group

WebsiteLinkedInAll Job Openings

1001 - 5000 employees

Founded 1913

Insurance

NJM Insurance Group is a well-established insurance provider offering a range of personal and commercial insurance products. Their services include auto, homeowners, renters, condo, commercial auto, and business insurance, with a focus on exceptional customer satisfaction and claims experience. NJM is recognized for its outstanding auto claims experience by J. D. Power and is committed to serving customers in states like Connecticut, Maryland, New Jersey, Ohio, and Pennsylvania. The company prides itself on being straightforward and customer-focused, without jingles or mascots, offering trusted insurance solutions and multiple discount opportunities for various policies.

📋 Description

• Assess incoming data from RA vendors and calculate financial penalties based on contractual performance • Support contract negotiations through cost analysis, ROI estimation, and budget forecasting • Perform credit/reimbursement true up analyses at finalization of projects • 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 • Respond to ad-hoc request from business stakeholders • Serve as a subject matter expert on vendor analytics • 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

🎯 Requirements

• 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 • Knowledge of accounting entries/accruals/month-end close process • Experience working in Excel • Visual Basic for Applications (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