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Finance & Accounting Analyst

LOCATION: Minneapolis, MN
<p><strong>Location</strong>: Minneapolis (will come in to the office a few times a month)</p> <p>The Finance &amp; Accounting Analyst supports the monthly close process and forecast cycles to deliver timely, accurate, and meaningful financial results.&nbsp; This role will analyze key business trends, actual versus plan variances and produce ad hoc financial and operational models to support accounting processes and management in decision making. This position will prepare accounting entries, complete account reconciliations, build models, and perform various analyses, reporting, modeling and forecasting initiatives providing data for business, strategic and operations decision making.</p> <p><strong>Duties and Responsibilities:</strong></p> <ul> <li>Assist in the preparation of financial information for monthly, quarterly, and annual closing procedures and financial reporting requirements;</li> <li>Prepare accounting documentation, financial schedules, journal entries, reconciliations, and analytical analyses related to revenue, expense, and other accounts as needed;</li> <li>Work collaboratively in preparing and presenting monthly reporting packages that include analysis of key business trends and actual versus plan variances, including comprehensive explanations of differences;</li> <li>Work closely with internal business stakeholders and leaders to drive financial performance visibility across multiple business operations and perform cyclical forecasting, annual budgeting, and financial reporting;</li> <li>Ensure compliance with policies and procedures and maintain compliance with a system of internal controls;</li> <li>Build and maintain models to enable accounting processes, forecast predictability and drive performance of results;</li> <li>Collect, compile, verify, and analyze financial information so that senior management has accurate and timely information for making strategic and operational decisions;</li> <li>Partner and communicate with various levels throughout the organization and external parties, as necessary, to obtain information and/or resolve issues for assigned tasks, accounts and/or legal entities</li> <li>Continually improve and enhance financial processes to streamline, increase accuracy, and enhance business impact.</li> <li>Maintain compliance with Inovalon’s policies, procedures and mission statement;</li> <li>Adhere to all confidentiality and HIPAA requirements as outlined within Inovalon’s Operating Policies and Procedures in all ways and at all times with respect to any aspect of the data handled or services rendered in the undertaking of the position; and</li> <li>Fulfill those responsibilities and/or duties that may be reasonably provided by Inovalon for the purpose of achieving operational and financial success of the Employer.</li> </ul> <p>&nbsp;</p> <p><strong>Job Requirements:</strong></p> <ul> <li>Minimum of 2 years' experience in accounting and finance, including working knowledge of revenue recognition and accounting issues related to core responsibilities;</li> <li>Basic knowledge of Excel, PowerPoint, data analysis, and financial modeling;</li> </ul> <ul> <li>Strong interpersonal skills, effective oral and written communication skills;</li> <li>Strong analytical, problem-solving, organizational savvy, and strong initiative and the ability to manage multiple tasks and meet deadlines;</li> <li>Demonstrated ability to work effectively with others within a complex, fast paced organization;</li> <li>Experience in public accounting and/or publicly traded companies preferred;</li> <li>Experience with Oracle EBS and Microsoft Dynamics Great Plains a plus; and</li> <li>Demonstrated knowledge of GAAP.</li> </ul> <p><strong>Education:</strong></p> <ul> <li>Bachelor’s degree&nbsp;in Finance, Accounting, or related field and or equivalent work experience; and</li> <li>Certified Public Accountant (CPA) is preferred.</li> </ul> <p><strong>Physical Demands and Work Environment:</strong></p> <ul> <li>Sedentary work (i.e., sitting for long periods of time);</li> <li>Exerting up to 10 pounds of force occasionally and/or negligible amount of force;</li> <li>Frequently or constantly to lift, carry push, pull or otherwise move objects and repetitive motions;</li> <li>Subject to inside environmental conditions; and</li> <li>Travel for this position will include less than 5% locally usually for training purposes.</li> </ul> <p>&nbsp;</p><div class="content-conclusion"><p><em>By embracing diversity, equity and inclusion we enhance our work environment and drive business success. Inovalon strives to reflect the diversity of the communities where we operate and of our clients and everyone whom we serve. We endeavor to create a culture of inclusion in which our associates feel empowered to bring their full, authentic selves to work and pursue their professional goals in an equitable setting. We understand that by fostering this type of culture, and welcoming different perspectives, we generate innovation and growth.</em></p> <p><em>Inovalon is proud to be an equal opportunity workplace and is an affirmative action employer. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status. We also consider qualified applicants regardless of criminal histories, consistent with legal requirement.</em></p> <p><em>The Company maintains a drug free work environment for all of its associates, which includes employees, contractors and vendors. It is unlawful for associates to manufacture, sell, distribute, dispense, possess or use any controlled substance or marijuana in the workplace and doing so will result in disciplinary action, up to and including termination of employment or the contracted relationship.</em></p> <div><em>Consistent with Inovalon’s safety protocols, the company will require a vaccination attestation for fully office-based and hybrid (office/remote) positions. Positions designated as fully remote are exempt from the attestation requirement unless and until such time as an in-office presence is required.</em></div> <p>&nbsp;</p></div>

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